| Founded | 1999 |
|---|---|
| Closed | 2001 |
| Country | USA |
| Sector | Saas |
| Total raised | ~$60M USD |
| Collapse type | Sudden Collapse |
| Founder | Kaleil Isaza Tuzman, Tom Herman |
govWorks
"E-government payments in 1999. Raised $60M. Featured in Startup.com documentary. Gone in 18 months."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
govWorks was founded in New York in 1999 by Kaleil Isaza Tuzman and Tom Herman with a vision to process government payments — parking tickets, taxes, fees — online, replacing inefficient cash and check systems.
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