Monday, July 22, 2024
HomeFunding CA-based Ensis Secures $4Million in Seed Funding

[Funding alert] CA-based Ensis Secures $4Million in Seed Funding

Ensis, a startup developing AI-powered proposal software to help companies respond to and win more government contracts, secures oversubscribed $4million in seed funding.

Ensis, a startup developing AI-powered proposal software to help companies respond to and win more government contracts, secures oversubscribed $4million in seed funding.

This round was co-led by NextGen Venture Partners and Tau Ventures, with participation from Grep VC, Innovation Global, and Gaingels.

Founded by veteran Silicon Valley entrepreneurs Ben Lewis and Jon Sockell, Ensis helps companies in highly regulated public sectors such as healthcare, finance, defense, education and more respond to solicitations more efficiently.

Amit Garg, Managing Partner at Tau Ventures said, “Ensis is building a Gen AI tool for government contractors to streamline the process of responding to government RFPs, As such they can drastically reduce the manpower and time needed while improving the success rate of the applications.”

Securing government contracts requires responding to long and complex RFPs, Requests for Proposals. Ensis dramatically accelerates the time it takes to craft compelling bids, allowing proposal teams to focus on forward-thinking ways to grow their pipeline and win more business.

Ben Lewis, CEO of Ensis said, “We are an experienced team 100% dedicated to building the absolute best product for responding to Government RFPs, RFIs and more, Our team has significant experience creating highly secure software for regulated industries that incorporates modern design and UX best practices.”

It works with each client to train a reference library that is securely stored and siloed on a per company basis. This training enables Ensis to incorporate the company’s unique capabilities and writing style. Clients are then able to import new RFPs and other opportunities into Ensis, which can parse, organize and draft responses to each section appropriately.

Read also – TX-based Blockhouse Digital Secures $2Million in GP Funding

Jon Bassett, Managing Partner at NextGen Venture Partners. “We are eager to be supporting Ben and Jon on this mission to bring efficiencies to the $694 billion government contracting market, This is our second time investing in this team and we are impressed by how quickly they ship products and execute.”

About Ensis

Ensis is a technology company developing AI-powered proposal software for responding to government RFPs, RFIs, and more. Leveraging recent advances in generative AI, It enables companies to dramatically streamline their processes for creating proposals in one seamless workflow.

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