Neumo appointed Matt Coury as CEO, succeeding Paul Colangelo.

Neumo Names Matt Coury CEO as Paul Colangelo Moves to Board Role

Neumo has appointed Matt Coury as CEO, elevating the company’s president to lead its next phase of growth following its 2025 formation.

Coury succeeds Paul Colangelo, who will transition to a board of directors role and continue supporting the leadership team, the company said Thursday.

What Role Did Coury Play in Neumo’s Formation?

Coury has served as president since Neumo was established through the combination of Avenu Insights & Analytics, ITI and GovOS by Arlington Capital Partners.

In that role, he helped shape the company’s strategy and integration efforts as the platform brought together multiple government technology businesses. Neumo now supports more than 4,500 state and local government customers across North America with software and payments platforms.

What Experience Does Matt Coury Bring?

Coury previously led GovOS as CEO and president, overseeing product development, go-to-market strategy and customer operations. His tenure also included earlier leadership roles as chief operating officer and business transformation officer responsible for scaling operations and integrating acquired businesses.

Before GovOS, Coury worked at Vista Equity Partners, where he supported value-creation initiatives across the firm’s portfolio companies. He also held consulting roles at Boston Consulting Group earlier in his career.

“It is an honor to step into the role of CEO at such an exciting moment for Neumo,” Coury commented about his new role. 

Looking ahead, he emphasized the company’s focus on long-term growth. “We have built a market-leading platform serving state and local governments, supported by a strong and engaged customer base, exceptional people, and innovative products. By continuing to invest in our teams, our product innovation, and our customer partnerships, we will strengthen our leadership position and help governments deliver modern, secure solutions for the communities they serve,” Coury said.

How Is Neumo Positioning for Growth?

The leadership transition comes as Neumo continues integrating its operations — aligning systems, teams and processes across its combined businesses to deliver a unified platform for government customers.

“We are thrilled for Matt to step into the CEO role to lead the company into its next chapter,” said Michael Lustbader, a managing partner at Arlington Capital.

“Since partnering with the Company, we’ve seen firsthand its culture of innovation and the significant opportunity ahead. Matt is exceptionally well positioned to build on that foundation and accelerate Neumo’s next phase of growth,” the 2025 Wash100 awardee added.

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