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Groundswell challenges Army's award of business system consolidation contract

Oct 31, 2024over 1 year ago

Contract Type

contract

Los AngelesFinancial ServicesHealth Care

Description

Groundswell has filed a protest against the Army’s award of a contract to consolidate a group of business systems using the latest version of SAP’s software. The initial award is worth $69.4 million, with a ceiling value of around $1 billion over its eight-year run.

Company Information

Company

Groundswell

Location

Los Angeles, California, United States

About

The platform aims to become a ubiquitous component of employee benefits packages and charitable giving. Groundswell will use the financing to add additional engineers and product staff while laying the groundwork for an aggressive go-to-market strategy.“Groundswell emerges at a time when a rising generation of workers want their employers both to care about social responsibility and enable action on causes that matter to them,” said M.G. Siegler, General Partner at GV.

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