Pursuit, which uses AI to scan public data to help companies find and win government contracts, raised a $22M seed led by OpenGov co-founder Mike Rosengarten (Dominic-Madori Davis/TechCrunch)

Pursuit, an AI-powered platform that identifies government contract opportunities by scanning public data, has secured $22M in seed funding, signaling growing enterprise demand for intelligent procurement automation tools. For IT leaders, this validates the business value of AI-driven data analytics in revenue generation and competitive positioning, while highlighting the need to evaluate similar AI solutions that can unlock new market opportunities. The funding also underscores that technology organizations should prioritize building or acquiring AI capabilities that transform raw data into actionable business intelligence, as these tools are becoming critical differentiators in competitive markets.