Since inception, Weatherford Capital has been actively investing in the Government Technology (“GovTech”) sector, building a portfolio of seven platform investments spanning various government technology systems and use cases. Our journey began in 2016 with our initial investment in PayIt, driven by several key themes that made the sector particularly compelling. Today, those same themes not only persist but have grown even stronger.

As 2025 progresses, the GovTech sector is gaining remarkable momentum and appears poised for a potentially record-breaking year. Following the $13 billion surge in deal value in 2021, the market maintained solid footing in 2024, reaching $9 billion in transactions. With deal activity mounting late last year, many within the industry – including ourselves – believe we could test or even surpass 2021 levels.