Neumo Appoints Matt Coury as New Chief Executive Officer, Marking a New Era
On March 16, 2026, the Board of Directors at Neumo, a prominent software and payments solutions provider for governmental entities, made a significant leadership transition by endorsing Matt Coury, previously the President of the company, as its new Chief Executive Officer. Coury takes the reins from Paul Colangelo, who will continue to contribute to the company as a Board member, collaborating closely with the leadership team during this transformative phase.
Neumo was established in August 2025 through the merger of three entities: Avenu Insights Analytics, ITI, and GovOS, facilitated by Arlington Capital Partners, a private equity firm based in the Washington, D.C. area that focuses on government-regulated sectors. Since its inception, Coury has been instrumental in steering Neumo towards its growth trajectory, establishing it as a notable player in the public sector software arena with over 4,500 clients across North America. Prior to his tenure at Neumo, Coury held leadership roles at GovOS, where he emphasized product innovation and customer satisfaction and served on the Board of Directors. His previous experience also includes value enhancement initiatives at Vista Equity Partners.
Michael Lustbader, a Managing Partner at Arlington Capital, expressed enthusiasm for Coury stepping into the CEO position, reflecting on Neumo’s remarkable progress and unique innovative culture. Lustbader stated, "Matt is excellently positioned to continue building on our strong platform and accelerate the next phase of our growth". Reflecting on Colangelo's tenure, he added, "We are also immensely grateful to Paul for his leadership and stewardship over the years. Under his tenure, Paul helped drive significant growth and lay the foundation for what is now Neumo, positioning the company for sustained long-term success."
In recent months, Neumo has seamlessly unified its operational structures and teams stemming from its pre-merger companies, notably enhancing operational alignment and strengthening its commitment to delivering a comprehensive, scalable service platform for its customers.
Coury articulated his excitement about assuming the role of CEO at a pivotal moment in Neumo’s journey, emphasizing the strong engagement from its customer base, the talent within its workforce, and the innovative solutions that are being developed. He stated, "By continuing to invest in our teams, our product innovation, and our customer partnerships, we will enhance our leadership position and enable governments to offer modern, secure solutions for the communities they serve."
Colangelo, reflecting on nearly a decade of leadership at Avenu and Neumo, conveyed his pride in the achievements of the organization and the team. "We have grown the business and established a leading position in government technology. I have full confidence in Matt's leadership as Neumo continues its strong trajectory," he remarked.
Neumo is laying down a new standard in government modernization with its expansive portfolio of advanced cloud-based solutions, empowering local and state governments to innovate their operations and improve service delivery for their communities. With a commitment to transforming governmental operations, Neumo continues to position itself as a leader while serving a diverse and extensive customer base throughout North America. Visit neumo.com to learn more about their innovative offerings.
As the company enters this new chapter under Coury's leadership, stakeholders are keen to observe how the strategic vision and robust platform established by Neumo will evolve and adapt in the ever-changing landscape of government technology.
Neumo was established in August 2025 through the merger of three entities: Avenu Insights Analytics, ITI, and GovOS, facilitated by Arlington Capital Partners, a private equity firm based in the Washington, D.C. area that focuses on government-regulated sectors. Since its inception, Coury has been instrumental in steering Neumo towards its growth trajectory, establishing it as a notable player in the public sector software arena with over 4,500 clients across North America. Prior to his tenure at Neumo, Coury held leadership roles at GovOS, where he emphasized product innovation and customer satisfaction and served on the Board of Directors. His previous experience also includes value enhancement initiatives at Vista Equity Partners.
Michael Lustbader, a Managing Partner at Arlington Capital, expressed enthusiasm for Coury stepping into the CEO position, reflecting on Neumo’s remarkable progress and unique innovative culture. Lustbader stated, "Matt is excellently positioned to continue building on our strong platform and accelerate the next phase of our growth". Reflecting on Colangelo's tenure, he added, "We are also immensely grateful to Paul for his leadership and stewardship over the years. Under his tenure, Paul helped drive significant growth and lay the foundation for what is now Neumo, positioning the company for sustained long-term success."
In recent months, Neumo has seamlessly unified its operational structures and teams stemming from its pre-merger companies, notably enhancing operational alignment and strengthening its commitment to delivering a comprehensive, scalable service platform for its customers.
Coury articulated his excitement about assuming the role of CEO at a pivotal moment in Neumo’s journey, emphasizing the strong engagement from its customer base, the talent within its workforce, and the innovative solutions that are being developed. He stated, "By continuing to invest in our teams, our product innovation, and our customer partnerships, we will enhance our leadership position and enable governments to offer modern, secure solutions for the communities they serve."
Colangelo, reflecting on nearly a decade of leadership at Avenu and Neumo, conveyed his pride in the achievements of the organization and the team. "We have grown the business and established a leading position in government technology. I have full confidence in Matt's leadership as Neumo continues its strong trajectory," he remarked.
Neumo is laying down a new standard in government modernization with its expansive portfolio of advanced cloud-based solutions, empowering local and state governments to innovate their operations and improve service delivery for their communities. With a commitment to transforming governmental operations, Neumo continues to position itself as a leader while serving a diverse and extensive customer base throughout North America. Visit neumo.com to learn more about their innovative offerings.
As the company enters this new chapter under Coury's leadership, stakeholders are keen to observe how the strategic vision and robust platform established by Neumo will evolve and adapt in the ever-changing landscape of government technology.
Topics General Business）
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