Press Release: Gravity Appoints Tyler Davey as CEO to Drive Public Sector Finance

TORONTO–(BUSINESS WIRE)–Gravity (IGM Technology Corporation), a leading cloud-based financial and disclosure management platform for state and local governments, announced today the appointment of Tyler Davey as Chief Executive Officer (CEO) to lead the company through its next phase of growth. Backed by Lead Edge Capital, Gravity has become a trusted partner to hundreds of government agencies, helping them manage and report on over $300 billion in public funds with accuracy, transparency, and efficiency.

With over 25 years of experience in the technology sector, Davey has a proven track record of scaling high-growth organizations and driving innovation. He steps into leadership at a pivotal time as Gravity expands its role in strengthening government financial transparency and citizen engagement. Gravity’s platform automates financial disclosure, budget management, and regulatory reporting, enabling agencies to improve efficiency, ensure compliance, and enhance communication with millions of citizens.

“I am inspired by what Gravity has built in such a short time—a platform that enables government agencies to communicate financial data with clarity and confidence,” said Tyler Davey, CEO of Gravity. “As a citizen, I’ve seen firsthand how difficult it can be for officials to explain how tax dollars are spent. When I saw Gravity’s financial reports, I was blown away by their quality and depth. At a time when trust and transparency in government are more important than ever, I knew immediately that I wanted to be part of this mission.”

Under Davey’s leadership, Gravity will accelerate product innovation, expand its customer base, and strengthen its market position as the go-to platform for government financial and disclosure reporting.

“Gravity fills a crucial gap where traditional ERPs leave off,” Davey added. “By automating financial statement preparation, budget planning, and compliance reporting, we help agencies improve accuracy, reduce costs, and enhance transparency. Our mission is to provide governments with the modern tools they need to drive financial accountability and better engage with their communities.”

Gravity’s platform has earned widespread industry trust, with agencies reducing reporting time by up to 85% and cutting costs by 5% through improved accuracy and efficiency. Cities like Phoenix, San Diego, Allen (TX), and Westchester County (NY) rely on Gravity to enhance transparency and compliance, with many receiving Government Finance Officers Association (GFOA) recognition for excellence in financial reporting.

“Gravity is transforming how government agencies manage financial reporting, replacing outdated and manual processes with automation and efficiency,” said Dan Lynn, Partner at Lead Edge Capital. “With Tyler’s leadership and deep expertise in scaling technology businesses, Gravity is well-positioned to accelerate its growth and continue delivering innovative solutions that enhance transparency and financial management for agencies throughout the U.S. We look forward to supporting Tyler and the Gravity team in this next phase.”

Tyler brings deep expertise in product development, sales, business development, and operations, with a focus on using technology to drive customer success. He was CEO of Alcumus’ North American businesses, acquired by EcoOnline in 2023. At both Alcumus and EcoOnline, Tyler transformed the businesses, significantly increasing revenue, acquiring multiple companies, and establishing both as leaders in the EHSQ software space.

“Gravity has quickly established itself as a critical partner for government agencies, providing a platform that enhances financial transparency and operational efficiency,” said Paul Colangelo, Chairman of the Board at Gravity. “Under Tyler’s leadership, the company is well-positioned to scale its impact and bring its innovative solutions to even more agencies across North America. As financial reporting requirements continue to evolve, Gravity’s role in supporting governments with cutting-edge technology will only become more essential. I look forward to working with Tyler and the team to drive this next stage of growth.”

“We have an incredible team and a powerful roadmap ahead,” Davey concluded. “We are committed to delivering world-class financial reporting solutions that help governments operate more efficiently, transparently, and with greater impact.”

About Gravity

Gravity (IGM Technology Corporation) is a leading cloud-based financial and disclosure management platform, empowering governments to engage transparently with citizens. By simplifying complex financial operations, Gravity enables agencies to efficiently manage and disclose public funds, fostering accountability and trust. With a vision to support governments managing over $1 trillion in budgets and engaging 100 million citizens, Gravity is transforming how financial data is communicated—creating better, more transparent governments everywhere.