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Neogov

From Wikipedia, the free encyclopedia
NEOGOV
Founded2000; 25 years ago (2000)
FounderDamir Davidovich
HeadquartersEl Segundo, California
Key people
Shane Evangelist (CEO)
ServicesSoftware as a service
Websiteneogov.com

Neogov (stylized as NEOGOV) is an American software-as-a-service company that develops cloud-based human resource management used in the public sector.[1] It is headquartered in El Segundo, California, and was founded by Damir Davidovich in 2000.[2] The company's software is used by government and educational institutions for applicant tracking, onboarding, training, payroll, and compliance management. Neogov also operates GovernmentJobs.com.[3] As of 2022, Neogov's platform was used by over 13,000 organizations in government and education.[4] Its current CEO is Shane Evangelist.[5]

Overview

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The company operates under a software-as-a-service model to provide cloud-based human resource management.[6] Its software is used by state and local organizations, including government and law enforcement agencies.[7] Its recruiting software is used in applicant tracking, recruiting and screening.[6] It provides onboarding and HR management software used for managing employee records, payroll, benefits and timekeeping.[8][9] It has also developed platforms for learning management and employee training, performance management, and policy and compliance management.[10]

The company also runs the employment portal GovernmentJobs.com,[3][11] which hosted an estimated 40% of state and local government jobs filled between 2022 and 2024.[12]

History

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The company was founded in 2000 by Damir Davidovic, and is headquartered in El Segundo, California.[2]

In October 2016, Neogov received an investment from private equity firm Warburg Pincus, which was the company's first major outside funding.[13] This investment supported the company’s expansion and product development efforts. The company was included on the Inc. 5000 list of the fastest growing private companies in the United States several times between 2009 and 2019.[14] Following the Warburg Pincus deal, Neogov began to grow through strategic acquisitions.[10]

In 2017, the company made its first acquisition by purchasing FirstNet Learning, a Denver-based online workforce training company.[15] In 2018, Neogov acquired High Line Corporation, an Ontario, Canada-based provider of HR, payroll, and benefits software.[16] At the time, Neogov had over 6,000 public-sector and education clients after this acquisition.[17][18] In December 2020, Neogov announced a planned merger with PowerDMS, a cloud-based policy compliance and law enforcement accreditation software company. The merger was completed in early 2021.[10]

In 2021, Neogov received an investment from The Carlyle Group and Warburg Pincus.[10] The terms were not publicly disclosed, but the investment reportedly valued Neogov at over $1 billion, making it a unicorn.[1] Neogov subsequently undertook a series of acquisitions in the public safety tech sector. In January 2022, the company acquired three law enforcement technology firms, including employee scheduling software PlanIt Schedule, field training management software Agency360, and CueHit which provides citizen feedback and engagement tools for police departments.[19][20][21] In June 2023, it acquired Discover eGov, an HR software company based in New York that provided software to civil service and local government.[22]

It has frequently been included in the GovTech 100 list of public sector technology companies.[23]

As of 2022, the company served over 13,000 agencies in the public sector.[4]

In September 2024, the company launched Vetted, which is used in the background investigation process in the hiring of law enforcement by government agencies.[6]

References

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  1. ^ a b Alexander, Reed. "Neogov just nabbed an investment from Carlyle and Warburg valuing it at more than $1 billion. Execs at the PE giants detail why M&A will be a big part of the HR software's growth plans". Business Insider. Retrieved 2025-06-16.
  2. ^ a b FinSMEs (2016-10-19). "Neogov Receives Private Equity Investment from Warburg Pincus". FinSMEs. Retrieved 2025-06-16.
  3. ^ a b Chen, Te-Ping. "Trump Layoffs Push Federal Workers Into Tough Job Hunt". WSJ. Retrieved 2025-06-16.
  4. ^ a b "NEOGOV Announces Karen Carlson as Vice President of Product for Public Safety Platform". Officer. 2022-09-27. Retrieved 2025-06-16.
  5. ^ "Grappling With the Public Sector Workforce Shortage Crush". Route Fifty. 2021-11-30. Retrieved 2025-06-16.
  6. ^ a b c "New Software Aims to Revamp the Police Background Check". GovTech. 2024-09-04. Retrieved 2025-06-16.
  7. ^ HR News. International Public Management Association for Human Resources. 2008. p. 2.
  8. ^ Glanton, Mikala (August 2024). "Introducing Digitized Exit Checklists at Cumberland County" (PDF). Public Eye Magazine. pp. 12–13.
  9. ^ Valcik, Nicolas A.; Sabharwal, Meghna; Benavides, Teodoro J. (2023-06-17). Human Resources Information Systems: A Guide for Public Administrators. Springer Nature. p. 7. ISBN 978-3-031-30862-8.
  10. ^ a b c d "NEOGOV Pulls More Private Equity Money, Eyes Acquisitions". GovTech. 2021-06-08. Retrieved 2025-06-16.
  11. ^ "Racial Biases Persist in Public Sector Hiring. What can be done?". Route Fifty. 2021-05-24. Retrieved 2025-06-16.
  12. ^ "Federal workers face looming deadline on making a resignation offer". The Denver Post. 2025-02-04. Retrieved 2025-06-16.
  13. ^ "NEOGOV Snags Funding From Warburg Pincus - socaltech.com". SocalTech. 2016-10-19. Archived from the original on 2016-10-19. Retrieved 2025-06-16.
  14. ^ "Neogov". Inc.com. Archived from the original on 2021-07-12. Retrieved 2025-06-16.
  15. ^ "NEOGOV Acquires Online Workforce Training Company". GovTech. 2017-11-30. Retrieved 2025-06-16.
  16. ^ "NEOGOV Acquires HR Software Veteran High Line Corp". GovTech. 2018-10-17. Retrieved 2025-06-16.
  17. ^ "NEOGOV Acquires HR Software Veteran High Line Corp". GovTech. 2018-10-17. Retrieved 2025-06-16.
  18. ^ Falconer, Kirk (2018-10-18). "Warburg Pincus-backed NEOGOV acquires High Line". PE Hub. Retrieved 2025-06-16.
  19. ^ "Gov Tech Biz Quarterly Roundup: Q1 2022 With Jeff Cook". GovTech. 2022-04-18. Retrieved 2025-06-16.
  20. ^ "NEOGOV Buys Three Law Enforcement Technology Firms". GovTech. 2022-01-07. Retrieved 2025-06-16.
  21. ^ "NEOGOV Announces Three Key Acquisitions in Public Safety Tech". Police Magazine. 2022-01-06. Retrieved 2025-06-16.
  22. ^ "NEOGOV Acquires Discover eGov to Expand its Footprint in New York State". TecHR. 2023-07-17. Retrieved 2025-06-16.
  23. ^ "Govtech 100: 2025". GovTech. Retrieved 2025-06-16.