Onvia, Inc. is an American government business intelligence company with 180 employees and annual revenue of US $21.1 million. Onvia offers a number of

business-to-business Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another. This typically occurs when: * A business is sourcing materials for their production process for output (e.g., a ...

software products, including Onvia Business Builder, a government leads and relationship manager; Onvia Navigator, a database of government contracts; and the Onvia Guide, which provides push notifications of government business opportunities. Onvia is located in Seattle, Washington, USA.

History

Onvia was founded in 1996 by 25-year-old Canadian entrepreneur Glenn Ballman, as a one-stop shop for small business owners, initially selling over 25,000 office supplies on its website, Onvia.com. Onvia raised US $70 million in early rounds of financing, and went public on March 1, 2000 on the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

where it raised US $235 million. In August 2000 the company was awarded "Hottest Startup in Canada" by the

Toronto Board of Trade The Toronto Region Board of Trade is the principal local business community organization in the City of Toronto. It is the largest Chamber of Commerce/board of trade in Canada and one of the largest in North America. Its primary contemporary focu ...

and Profit Magazine. In August 2000 Onvia acquired Globe-1, a business-to-government portal, turning the company's focus away from e-commerce to the government-bid space. Onvia then used its cash reserves to buy competitors, including DemandStar in March 2001. In 2005, Onvia released Onvia Business Builder, a tool allowing subscribers to research historical and real-time data on individual government contract opportunities Onvia continued to focus on the business to government market until the launch of their private sector tool, Onvia Planning and Construction, in February 2008. In the third quarter of 2007, Onvia reported net income for the first time, but has lost money in all but that one quarter, according to its SEC filings. In early 2009, Onvia launched www.recovery.gov, with the stated goal of bringing increased

transparency Transparency, transparence or transparent most often refer to: * Transparency (optics), the physical property of allowing the transmission of light through a material They may also refer to: Literal uses * Transparency (photography), a still ...

and

accountability Accountability, in terms of ethics and governance, is equated with answerability, blameworthiness, liability, and the expectation of account-giving. As in an aspect of governance, it has been central to discussions related to problems in the publ ...

to economic recovery spending. The site features real-time data, maps, and graphs detailing the spending activity associated with the American Recovery and Reinvestment Act In November 2017, Onvia was purchased by

Deltek Deltek is an American multinational enterprise software and information solutions corporation headquartered in Herndon, Virginia. The company sells software to government contractors, engineering, architectural, accounting, and consulting firms to ...

, a division of Roper Technologies.

References

{{reflist, 2

External links

Onvia
— ''Official website''
Onvia, Inc. Overview and Fact Sheets at Hoover's

Internet Capital Group
- "

Internet Capital Group Actua Corporation was a venture capital firm. During the dot com bubble, the company had a market capitalization of over $50 billion. The company was originally known as Internet Capital Group, Inc. and changed its name to Actua Corporation in Se ...

Announces the Initial Public Offering of Its Partner Company Onvia.com" Business software companies Companies based in Seattle Companies listed on the Nasdaq