Vannevar Labs Raises $12M in Series A Funding

Vannevar Labs, a Palo Alto, CA-based provider of technology to solve critical national security problems, raised $12M in Series A funding.

The round was co-led by Costanoa Ventures and Point72 Ventures with participation from General Catalyst. John Doyle, head of Palantir’s national security business, and Greg Sands, founder of Costanoa Ventures will be joining the Vannevar board.

The company plans to use this latest funding to nearly double the team and invest in new product development.

Founded in 2019 and led by by Brett Granberg, CEO, Vannevar Labs is advancing national defense technology by combining software engineering talent with decades of government mission experience.

The company’s first product, Decrypt, has been deployed across nearly a dozen of the most important groups in the government since launching in January of this year.  Decrypt helps public servants working military and foreign policy decisions understand, target, and respond to foreign actors.  

FinSMEs

25/08/2021