The Venture Codex

Participated · Seed · Apr 2026

Founded in 2023 by Mike Vichich and Brandon Max, Pursuit builds an AI-driven platform that continuously ingests and parses public data from roughly 11,000 state, local and education (SLED) entities. Its systems crawl budgets, contract registers, FOIA records and requests for proposals across thousands of websites, PDFs and meeting videos to turn fragmented public data into researched opportunities. Pursuit surfaces the SLED agencies most likely to purchase a customer’s services within the next year based on signals such as budgets, issues and leadership, and the company pitches the product as an “AI clone” of a seller tracking accounts. Customers are companies that sell to public service agencies, and Pursuit competes with firms like Starbridge, GovSpend and Deltek GovWin IQ. Financially, Pursuit has raised $25.5 million to date, including a $22 million seed round announced in the articles.