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Venture Capital News: Eddi Secures New Funding

2026-03-20
TAMPA, FL, MGT has made a minority investment in Eddi.
MGT, a national technology and advisory solutions leader serving state, local, and education (SLED) government clients, has made a minority investment in Eddi, an AI innovator with a platform that empowers education and government agencies to achieve financial sustainability. Powered by the latest AI technologies, Eddi provides tools for organizations to streamline their finance, operations, and grant functions through faster applications, deeper financial and data analysis and visualizations, intuitive budgeting, and advanced outcomes measurement. The partnership sharpens MGT's competitive edge in education and government services, enables the company to manage both grant and all dollars more efficiently and proficiently for clients, and strengthens MGT's position as a leader in AI-powered services for the public sector.

Eddi was founded to ensure that state governments, school districts, nonprofits and all government and grant-funded organizations are able to take advantage of every dollar available to them. Combining deep experience in government, education and grant-funded organizations, we drive organizational impact with a centralized platform for organizations to apply for, manage, and analyze funds and measure outcomes driven by the latest AI technologies.
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