Falfurrias completed the investment in Neighborly Software.

Falfurrias, a private equity firm, completed the investment in Neighborly Software, a cloud-based technology platform for the administration and disbursement of governments funds. Financial terms were not disclosed. "We’re excited about this next stage of growth and the opportunities it presents to provide more value to our existing customers, support more government-funded programs, and invest further in product development, ensuring that Neighborly Software makes an even greater impact on communities,” Chris Behm, Neighborly Software Co-Founder and COO.