Philly govtech startup FSH Technologies raises $20M Series A, plans nationwide expansion

The company is hiring to quadruple staff size as founder Lilly Chen bets her people-first approach to public sector IT can successfully scale.

By: Holly Quinn

Outlets: Technical.ly

Published: August 20, 2026

Words: 298

Last Updated: 1 month, 4 weeks ago


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Philadelphia govtech startup FSH Technologies has raised a $20 million Series A, the company today announced, bringing its total funding to $25 million.

The investment puts considerably more money behind FSH’s people-first approach to replacing outdated government IT systems.

The woman-owned company builds software for cities, school districts and state agencies. Founder and CEO Lilly Chen told Technical.ly the new funding will help FSH grow from 11 employees to more than 45, with hires …

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