NationGraph, a public sector market intelligence platform designed to help companies navigate and understand government buying signals, raised $18 million in Series A funding led by Menlo Ventures, with participation from Perplexity’s Fund, XYZ Venture Capital, Reach Capital, and prominent angel investors. The investment strengthens development of infrastructure that organizes fragmented public data and makes government markets more transparent and accessible.
Unlocking Fragmented Government Data
More than 110,000 government institutions operate across the United States, each with distinct procurement portals, documentation formats, funding cycles, and approval processes. Critical buying signals are dispersed across meeting minutes, budget documents, purchase orders, RFP portals, and public records. As a result, companies often miss opportunities before formal tenders are issued, while agencies frequently default to familiar vendors due to limited visibility.
Building Infrastructure for Public Sector Intelligence
NationGraph centralizes and structures this distributed information, transforming scattered public records into actionable market intelligence for organizations selling into government. The platform aims to improve access, timing, and decision-making in public sector procurement.
Backed by Strategic Investors
Croom Beatty of Menlo Ventures joined the board as part of the round. Menlo has previously backed companies such as Anthropic, Chime, and Roku, supporting NationGraph’s next phase of growth. The funding will expand platform capabilities and accelerate support for teams engaging with public sector institutions.