In an exciting development for the government technology sector, Neighborly Software has just announced a significant growth investment from Falfurrias Management Partners. This partnership is set to revolutionize the landscape of government-funded program management, promising enhanced efficiency and effectiveness in serving communities across the nation.
A Platform Built for Impact
Since its inception in 2016, Neighborly Software has been at the forefront of simplifying complex governmental processes. Our end-to-end SaaS platform has become an indispensable tool for over 500 clients, including city and state governments, housing authorities, and non-profit organizations. Our platform’s versatility shines through its ability to manage a wide array of programs, from Housing and Economic Development to Disaster Recovery and Home Energy Rebates.
What sets Neighborly Software apart is our impressive track record:
- Management of $13 billion in grant disbursements
- Processing of 7.2 million applications
- Oversight of 1,500 unique projects
These figures underscore the platform’s crucial role in facilitating the flow of resources to communities in need.
The Power of Partnership
The investment from Falfurrias Management Partners marks a new chapter in Neighborly Software’s growth story. This Charlotte-based investment firm, known for its focus on growth-oriented, middle-market businesses, brings not just capital but also a wealth of operational expertise to the table.
Jason Rusnak and Chris Behm, the co-founders of Neighborly Software, will continue to lead the company, ensuring continuity in vision and execution. Their excitement about this new phase is palpable, with promises of enhancing value for existing clients, supporting a broader range of government-funded programs, and accelerated product development
A Vision for the Future
With this investment, we are poised to expand our reach and deepen our impact. The injection of resources will fuel:
1. Further investments in the existing platform
2. Development of new technologies
3. Geographic expansion
4. Enhanced sales and marketing efforts
This partnership will also bring in David Evans, an industry veteran with over 20 years of experience in growing software businesses, as the new Chairman of Neighborly Software.
Why This Matters
In an era where efficient management of public resources is more critical than ever, Neighborly Software’s growth offers a beacon of hope. Our platform not only streamlines administrative processes but also ensures compliance and transparency in the distribution of government funds.
As communities face increasingly complex challenges, from affordable housing shortages to disaster recovery, tools like Neighborly Software become invaluable. These tools empower local governments and organizations to respond more effectively to community needs, ultimately improving the lives of countless individuals.
Looking Ahead
The fusion of Neighborly Software’s domain expertise with Falfurrias Management Partners’ resources and operational know-how creates a powerful synergy. As we embark on this new journey, the potential for innovation and impact in the civic technology space is boundless.
For those interested in the future of government-funded program management, Neighborly Software is definitely on the rise! Our mission of “Helping Communities, Help People” is now backed by the resources to make an even greater difference in the years to come.
Stay tuned for more updates as Neighborly Software continues to revolutionize how communities manage and disburse government-funded resources.
