# Ballistic Ventures: portfolio, investments and team

> Ballistic Ventures is a vc firm based in United States. 52 investments on record, 13 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/ballistic-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Ballistic Ventures

Last cheque observed Oct 2026; 52 cheques on record.

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Deploying now New fund $130M, Sept 2025 VC firm

Seed Series A Series B Cyber Security Cyber-security Authentication

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Deploying now

**59%** of best year **13** **cheques in 12 months**, 52 on record

Since the last cheque **18** days **00** hrs **00** min **00** sec

Median round **$31M** Rounds led **0 of 52** Sole investor **5 rounds** Mostly in **United States, 89%**

Pitch Ballistic Ventures

## Ballistic Ventures highlights

- 01 13 cheques in the last 12 months
- 02 Mostly Series B and Series A: 56% of its rounds
- 03 Sole investor in 5 rounds, median $8.4M

## What they do

> The venture capital firm dedicated exclusively to early-stage funding and incubation for entrepreneurs and innovations in cybersecurity. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Cyber Security Cyber-security Authentication
- **Based in:** San Francisco Bay Area, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **52 appearances**

- **2026** 11 rounds
- **Oct** **[Reach Security](https://millionrounds.com/company/reach-security)** Series B · US · Cheyenne Ventures **$50M** With 4 others
- **Oct** **[Armadin](https://millionrounds.com/company/armadin)** Series B · US · Leap Ventures **$256M** With 9 others
- **Aug** **[Oligo Security](https://millionrounds.com/company/oligo-security)** Series C · US **$60M** With 3 others
- **Jul** **[Reveal Technology](https://millionrounds.com/company/reveal-technology)** Venture · US **$4.6M** With 4 others
- **Jun** **[Magnitude](https://millionrounds.com/company/magnitude)** Seed · US **$10M** Sole investor
- **Apr** **[Stellar Cyber](https://millionrounds.com/company/stellar-cyber)** Debt · US **$25M** With 3 others
- **Mar** **[Native](https://millionrounds.com/company/native)** Series A · Ventureburn **$31M** With 1 other
- **Mar** **[Armadin](https://millionrounds.com/company/armadin)** Seed · TechCrunch **$190M** With 6 others
- **Mar** **[ArmorCode](https://millionrounds.com/company/armorcode)** Series B · US · Ventureburn **$16M** With 7 others
- **Mar** **[UFORCE](https://millionrounds.com/company/uforce)** Seed · GB **$50M** With 3 others
- **Jan** **[WitnessAI](https://millionrounds.com/company/witnessai)** Venture · US **$58M** With 4 others
- **2025** 18 rounds
- **Nov** **[Nudge Security](https://millionrounds.com/company/nudge-security)** Series A · US **$23M** With 1 other
- **Nov** **[SpecterOps](https://millionrounds.com/company/specterops)** Series B · US **$30M** With 2 others
- **Jul** **[Root Evidence](https://millionrounds.com/company/root-evidence)** Seed · US **$13M** Sole investor
- **Jul** **[Reveal Technology](https://millionrounds.com/company/reveal-technology)** Series B · US **$30M** With 3 others
- **Jul** **[Noma Security](https://millionrounds.com/company/noma-security)** Series B **$100M** With 1 other
- **Jul** **[Zip Security](https://millionrounds.com/company/zip-security)** Series A · US **$14M** With 4 others
- **Jul** **[Reach Security](https://millionrounds.com/company/reach-security)** Series A · US **$10M** With 1 other
- **Jun** **Hypernative** Series B · IL **$40M** With 5 others
- **Jun** **Noma** Venture · IL **Undisclosed** Sole investor
- **May** **[BreachRx](https://millionrounds.com/company/breachrx)** Series A · US **$15M** With 3 others
- **Apr** **[AuthMind](https://millionrounds.com/company/authmind)** Seed · US · TechStartups **$19M** With 7 others
- **Apr** **[Veza](https://millionrounds.com/company/veza)** Series D · US **$108M** With 2 others
- **Mar** **[Dexterity](https://millionrounds.com/company/dexterity)** TechCrunch **$95M** With 5 others
- **Mar** **[GetReal Security](https://millionrounds.com/company/getreal-security)** Series A · US **$18M** With 5 others
- **Feb** **[Mimic Networks](https://millionrounds.com/company/mimic-networks)** Series A · US **$50M** With 6 others
- **Feb** **[Gomboc.AI](https://millionrounds.com/company/gomboc-ai)** Venture · US **Undisclosed** With 1 other
- **Jan** **[Perygee](https://millionrounds.com/company/perygee)** Seed · US **$4.0M** With 1 other
- **Jan** **[Oligo Security](https://millionrounds.com/company/oligo-security)** Series B · US **$50M** With 3 others
- **2024** 10 rounds
- **Dec** **[Cresta](https://millionrounds.com/company/cresta)** Series D · US · Comcast Ventures **$125M** With 5 others
- **Oct** **[Concentric AI](https://millionrounds.com/company/concentric-ai)** Series B · US · TechStartups **$45M** With 7 others
- **Oct** **[Hello Soju](https://millionrounds.com/company/hello-soju)** Seed · US **$6.8M** Sole investor
- **Sept** **[Netskope](https://millionrounds.com/company/netskope)** Venture · US **Undisclosed** With 6 others
- **Aug** **[DevRev](https://millionrounds.com/company/devrev)** Series A · US **$101M** With 4 others
- **Aug** **[Abnormal AI](https://millionrounds.com/company/abnormal-ai)** Series D · US **$250M** With 4 others
- **Jul** **[Aembit](https://millionrounds.com/company/aembit)** Series A · US **$25M** With 3 others
- **Apr** **[Alethea](https://millionrounds.com/company/alethea)** Series B · US **$20M** With 1 other
- **Mar** **[Coro](https://millionrounds.com/company/coro)** Series D · US **$100M** With 3 others
- **Mar** **[CodeZero](https://millionrounds.com/company/codezero)** Seed · CA **$3.5M** Sole investor
- **2023** 3 rounds
- **Dec** **[ArmorCode](https://millionrounds.com/company/armorcode)** Series B · US **$40M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **7 named**

AW **Agnes W. So** Chief Financial Officer i Form ADV

B(**Barmak (nmn) Meftah** Managing Member of the General Partner of the General Partner i Filing they signed

DS **Derek Smith** Managing Member of the General Partner of the General Partner i Filing they signed

JJ **Jacob Julius Seid** Managing Member of the General Partner of the General Partner i Filing they signed

KM **Kevin Mandia** Managing Member of the General Partner of the General Partner i Filing they signed

RL **Roger L. Thornton** Managing Member of the General Partner of the General Partner i Filing they signed

TE **Theodore E. Schlein** Managing Member of the General Partner of the General Partner i Filing they signed

We also hold **14** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.1B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Ballistic Ventures Alpha LLC
- **SEC number:** CRD 318512

New fund on file

**$130M**

raised in Sept 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$31M** the round, not its cheque Alone, median **$8.4M**

Led 0 of 52 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series B said *15*
- Series A said *13*
- Seed said *8*
- Venture *7*
- Series D *4*
- Series C *3*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Google Ventures](https://millionrounds.com/fund/gv) 6
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 6
- [8VC](https://millionrounds.com/fund/8vc) 4
- [In-Q-Tel](https://millionrounds.com/fund/iqt) 4
- [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) 4
- [LD Capital](https://millionrounds.com/fund/xie) 4

**Pitching Ballistic Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Ballistic Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Google Ventures** Corporate VC **6** rounds together](https://millionrounds.com/fund/gv)[**Lightspeed Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**8VC** VC firm **4** rounds together](https://millionrounds.com/fund/8vc)[**In-Q-Tel** Accelerator **4** rounds together](https://millionrounds.com/fund/iqt)[**Kleiner Perkins** VC firm **4** rounds together](https://millionrounds.com/fund/kleiner-perkins)[**LD Capital** VC firm **4** rounds together](https://millionrounds.com/fund/xie)[**Menlo Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/menlo-ventures)[**Shield Capital** VC firm **4** rounds together](https://millionrounds.com/fund/shield-capital)[**Accel** VC firm **3** rounds together](https://millionrounds.com/fund/accel)[**Eleven Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/eleven-ventures-3)[**Evolution Equity Partners** VC firm **3** rounds together](https://millionrounds.com/fund/evolution-equity-partners)[**ForgePoint Capital** VC firm **3** rounds together](https://millionrounds.com/fund/forgepoint-capital)

## Recently backed

The latest companies Ballistic Ventures put money into.

[**Reach Security** $50M · Oct 2026](https://millionrounds.com/company/reach-security)[**Oligo Security** $60M · Aug 2026](https://millionrounds.com/company/oligo-security)[**Reveal Technology** $4.6M · Jul 2026](https://millionrounds.com/company/reveal-technology)[**Stellar Cyber** $25M · Apr 2026](https://millionrounds.com/company/stellar-cyber)[**ArmorCode** $16M · Mar 2026](https://millionrounds.com/company/armorcode)[**UFORCE** $50M · Mar 2026](https://millionrounds.com/company/uforce)

## Mentioned on podcasts

Episodes that name Ballistic Ventures in their description, not their title.

- [Equity](https://millionrounds.com/podcasts/equity) 14 Jan 2026 · 31 min The multibillion-dollar AI security problem enterprises can't ignore Mentions [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures)[Barmak Meftah](https://millionrounds.com/person/barmak-meftah-forgepoint-capital) Apple Podcasts

## Quick answers about Ballistic Ventures

### What does Ballistic Ventures invest in?

Ballistic Ventures invests most often at Series B and Series A (56% of the rounds on record), in sectors such as Cyber Security, Cyber-security and Authentication.

### How active is Ballistic Ventures?

52 investments on record, 13 of them in the last 12 months. The most recent was in Oct 2026.

### What has Ballistic Ventures invested in recently?

Its most recent investments on record: Reach Security (Series B, Oct 2026), Armadin (Series B, Oct 2026) and Oligo Security (Series C, Aug 2026).

### How big are Ballistic Ventures's cheques?

The median round it joins is $31M.

### Does Ballistic Ventures lead rounds?

Rarely, if at all: none of its 52 investments on record names it as the lead.

### Where does Ballistic Ventures invest?

Most of the companies it backs are in the United States (89%) and Israel (6%).

### Is Ballistic Ventures investing now?

Yes: it is actively investing, with 13 investments in the last 12 months.

### Who does Ballistic Ventures invest alongside?

Most often Google Ventures (6 rounds together), Lightspeed Venture Partners (6 rounds together) and 8VC (4 rounds together).

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