Booz Allen Triples Venture Capital Commitment to $300 Million
Investment increases capacity to bring emerging tech to
“The success of Booz Allen Ventures shows the power of combining our advanced technology and deep expertise with strategic investments in revolutionary start-ups,” said Matt Calderone, chief financial officer at Booz Allen. “We are in a race for global tech supremacy, and America’s innovation ecosystem is our most important source of strategic advantage. Booz Allen is committed to fueling the solutions that will keep the
The expansion builds on the success of Booz Allen Ventures’ investments over the last three years, with strong performance among 17 portfolio companies to date, including Albedo, Hidden Level, Second Front and Shift5. These investments have delivered mission value and strategic growth opportunities across Booz Allen’s global defense, national security, and civil businesses.
“Hidden Level is proud to be a part of the Booz Allen Ventures portfolio, where our shared commitment to national security translates into a strong strategic working relationship,” said Jeff Cole, CEO and co-founder of Hidden Level. “Together, we are not just developing but delivering real solutions for DOD customers: combining innovation, technical rigor and operational readiness to protect the warfighter and
Booz Allen Ventures’ portfolio companies deliver advanced solutions in areas including artificial intelligence, autonomy, cyber, space and quantum computing. In addition to capital, Booz Allen’s investments include strategic partnership to co-create solutions, navigate risks and challenges in the federal environment and bring cutting-edge technology to critical missions.
Booz Allen Ventures will remain focused on bringing the most promising commercial technologies to essential missions, from increasing space domain awareness to strengthening border security and modernizing the nation's military. In addition to its current areas of focus—artificial intelligence, cyber, defense tech, and deep tech—Booz Allen Ventures is expanding to invest in companies driving American reindustrialization.
“Our national defense requires fast, powerful technology solutions that deliver outcomes when they are needed most,” said Brian MacCarthy, managing partner of Booz Allen Ventures. “We’ve never lost sight of that mission; Booz Allen has been serving it every day for decades. Now, among fierce global technology competition and evolving geopolitics, this expansion gives us new capacity to collaborate and build with brilliant founders and deliver the best commercial tech to our nation at speed and scale.”
Read more about Booz Allen Ventures.
About Booz Allen Hamilton
Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®.
With global headquarters in
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Source: Booz Allen Hamilton Holding Corporation
