As part of the transaction, ClearGov will be folded into Gravity, a cloud-based financial management software firm.
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Maynard-based ClearGov, a budgeting software firm providing services to local governments and school districts, has been purchased by New York-based equity firm Lead Edge Capital.
As part of the transaction, ClearGov will be folded into Gravity, a cloud-based financial management software firm acquired by Lead Edge in 2024 and based in Toronto, according to a ClearGov press release on Tuesday.
The merger will result in ClearGov leaving its Maynard offices for a new, yet-to-be-determined site in Boston, according to Boston Business Journal, with the company retaining the ClearGov name but Gravity CEO Tyler Davey leading the combined entities.
ClearGov was founded in 2015 by Chris Bullock and Bryan Burdick, with the goal of demystifying and streamlining municipal budget processes, according to the company’s website. The company was one of 17 Central Massachusetts firms included on Inc. magazine’s 2025 list of the fastest-growing companies in the country, coming in at 1,059th on the list.Â
Lead Edge is a $5-billion growth equity firm, focused on investing in growing companies to fuel further expansion. Other companies Lead Edge has invested in include Uber, task management platform Asana, mobile dating app Bumble, and hospitality point-of-sale firm Toast, according to Lead Edge’s website.Â
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries. 
