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Gravity acquires Cityspan for enhanced financial solutions

PUBLIC · GRVYOct 24, 2025

Acquiring Company

Gravity

Acquired Company

Cityspan

SeoulBerkeleyInformation TechnologyFinancial ServicesSoftwareData And AnalyticsArtificial IntelligenceFinanceVenture CapitalAngel Investmentinformation technology & servicesSoftware

Description

Gravity has acquired Cityspan, a provider of cloud-based grants management technology. This acquisition will enhance Gravity's financial management platform by integrating comprehensive grants lifecycle management. The combined capabilities are expected to streamline financial operations for governments. The Cityspan team will join Gravity to support this integration and drive innovation.

Quick answer

Gravity is acquiring Cityspan, announced October 24, 2025. Gravity is based in Seoul, Seoul, South Korea.

How much did Gravity pay for Cityspan?
The deal value was not disclosed.
Where are Gravity and Cityspan based?
Gravity is based in Seoul, Seoul, South Korea. Cityspan is based in Berkeley, California, United States.
Who are the decision-makers at Gravity?
Fundz holds 1 contact at Gravity. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Gravity

Location

Seoul, Seoul, South Korea

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Frequently asked

Who acquired Cityspan?

Cityspan was acquired by Gravity, based in Seoul. The deal was reported on October 24, 2025. Gravity is publicly traded (GRVY) and operates in Information Technology.

When did Gravity acquire Cityspan?

Gravity's acquisition of Cityspan was reported on October 24, 2025. Gravity has acquired Cityspan, a provider of cloud-based grants management technology. This acquisition will enhance Gravity's financial management platform by integrating comprehensive grants lifecycle management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cityspan do?

Cityspan is a leading provider of cloud-based systems for public funding management. It offers technology that streamlines the grants lifecycle for grantors and grantees. It is privately held, operating in Software, and is based in Berkeley.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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