DEFCON AI, a McLean, VA-based company specializing in next-generation modeling, simulation, and analysis (MS&A) tools for modern military environments, has raised $44 million in seed funding round.
Investors
The financing was led by Bessemer Venture Partners, with contributions from Fifth Growth Fund, Red Cell Partners, and other investors.
Bessemer Venture Partners helps entrepreneurs build lasting companies, supporting founders from early stages through growth. With over 145 IPOs and 300 portfolio companies, Bessemer manages more than $18 billion in assets. Their global team operates from major cities, including Tel Aviv, Silicon Valley, and London.
As part of this investment, Christopher Wan of Bessemer Venture Partners will join DEFCON AI’s Board of Directors, alongside Dr. Ray O. Johnson, former CTO of Lockheed Martin and Bessemer Operating Partner.
DEFCON AI Use of Funds
The company will use the funding to expand its team, advance its R&D program, and broaden its capabilities across defense and commercial sectors.
About DEFCON AI
DEFCON AI is an insights company developing next-generation MS&A tools for transportation and logistics operations across various sectors. Leveraging expertise in artificial intelligence, mathematical optimization, analytics, and software engineering, DEFCON AI empowers planners and leaders to formulate strategies for transportation modality, sustainment, and logistics operations, as well as visualize, assess, and mitigate the potential impacts of disruptions.
Funding Details
Company: DEFCON AI, Inc.
Raised: $44.0M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Bessemer Venture Partners
Additional Investors: Fifth Growth Fund, Red Cell Partners
Company Website: https://www.defconai.com/
Software Category: Logistics Insights
Source: https://www.businesswire.com/news/home/20240820394556/en/