HOW TO PLAY IT

If call centers sound inefficient, imagine how clunky local governments’ systems are. Plano, Texas– based Tyler Technologies makes software to bring disjointed operations for cities and states under one digital roof. For instance, it moves state courts from paper to electronic records and lets residents pay their utility bills online, earning multiyear contracts as large as $85 million. Karina Funk, who co-manages Brown Advisory’s $2.4 billion (assets) Large Cap Sustainable Growth Fund, has a $60 million stake in Tyler and thinks demand for its services will only grow. “They can handle everything from a 911 call to a jail admission digitally,” Funk says. “Their work is imperative in what we’re experiencing now with Covid.”