Venture capital firms investing in defense

315 investors have made two or more investments in defense and national-security companies: 286 funds and 29 angels. Andreessen Horowitz, 8VC and General Catalyst lead by defense deal count, and Series A is the most crowded stage.

315investors with two or more defense deals
286VC firms
29Angel investors
Active at stage
Pre-seed230
Seed289
Series A303
Series B+288
By investor type
VC firms238
Angels29
Family offices2
Private equity35
Other11
An investor counts as a defense investor with at least two portfolio companies tagged defense and national-security. One deal does not make a thesis. In the table, deals are the investor's defense investments, while Last 12 mo counts all of its deals in the past year. Source: Fundraisly investor database, September 2026.

The most active investors in defense

InvestorTypeDeals in defenseLast 12 moLeadsHQ
VC32
186
YesMenlo Park, CA
8VC8vc.com
VC31
67
YesAustin, TX
General Catalystgeneralcatalyst.com
VC27
199
YesSan Francisco, CA
Founders Fundfoundersfund.com
VC27
66
YesSan Francisco, CA
Silent Venturessilentvc.com
VC27
15
YesDallas, TX
Syndicate24
187
NoManchester, NH
Gaingelsgaingels.com
Syndicate21
107
NoBurlington, VT
Lux Capitalluxcapital.com
VC21
66
YesNew York, NY
PE14
38
YesChicago, IL
VC13
20
YesNew York, NY

What the numbers say about defense

315 investors with two or more defense deals. 286 funds and 29 angels

Family offices are rare here. 2 against 35 private-equity firms

142 of the 286 funds have led at least one defense round. The rest only follow

Andreessen Horowitz leads by defense deal count. 32 investments in defense

Frequently asked

Q1

Does a defense startup need a defense-focused investor?

No. Most of the 315 are generalist funds with a handful of defense deals; a focused thesis matters mainly at pre-seed and in capital-intensive sub-sectors. Look for the partner who led the fund's last defense deal, not for the word in the fund's name.

Q2

How many investors do founders contact to get meetings?

Founders in our Raise Benchmarks reached 45 to 900 investors per round. Besample reached 900 investors for 55 first meetings. Defense rounds are crowded on both sides, so targeting matters more than volume.

Q3

How do I get a warm intro to a defense investor?

Fundraisly's Warm Intro maps your team's LinkedIn connections against every investor in this database and shows which of these funds and angels a colleague can introduce you to.

Ready to fill your calendar?

Join 200+ founders who raised $1.1B with Fundraisly.

Founders get 10–50 qualified investor meetings in 90 days.

Fundraisly. All right reserved. © 2026

Fundraisly. All right reserved. © 2026