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Ballistic Ventures

North America, California, United States, San Mateo

Description

Ballistic Ventures is a specialized venture capital firm headquartered in San Mateo, California, exclusively dedicated to funding and incubating entrepreneurs and innovations within the cybersecurity sector. Founded by a distinguished group of cybersecurity veterans and entrepreneurs, including Ted Schlein, Barmak Meftah, Kevin Mandia, Ken Fox, and Jake Saper, the firm leverages its founders' deep industry expertise and operational experience to identify and nurture promising startups. Their singular focus on cybersecurity allows them to provide not only capital but also strategic guidance, mentorship, and access to an extensive network of industry leaders, customers, and talent. This specialized approach aims to accelerate the growth and success of their portfolio companies in a rapidly evolving threat landscape.

In February 2022, Ballistic Ventures announced the close of its inaugural fund, Ballistic Ventures Fund I, with a substantial capital commitment of $300 million. This significant fund size underscores their ambition to be a leading investor in the cybersecurity space. The firm primarily targets early-stage companies, focusing on seed, Series A, and Series B investments. Their investment thesis revolves around identifying groundbreaking technologies and visionary teams that are addressing critical challenges in cybersecurity, ranging from enterprise security to cloud security, identity, and threat intelligence. They seek to partner with founders who are building the next generation of cybersecurity solutions.

Ballistic Ventures typically deploys initial checks ranging from $1 million to $15 million, reflecting their flexibility to invest across different early growth stages. This range allows them to support companies from their foundational stages through significant growth milestones. Beyond capital, the firm emphasizes a hands-on approach, providing operational support, go-to-market strategies, and product development guidance. Their commitment to the cybersecurity ecosystem is further demonstrated by their active engagement with founders, helping them navigate market complexities and scale their businesses effectively. The firm's deep domain knowledge and network are key differentiators, positioning them as a strategic partner for cybersecurity innovators.

Investor Profile

Ballistic Ventures has backed more than 60 startups, with 12 new investments in the last 12 months alone. The firm has led 15 rounds, about 25% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Canada.
  • Strong thematic focus on Cyber Security, Software, Network Security.
  • Led 4 rounds in the past year.
  • Typical check size: $1M – $15M.

Stage Focus

  • Seed (23%)
  • Series A (23%)
  • Series B (22%)
  • Series C (12%)
  • Series Unknown (12%)
  • Series D (3%)
  • Series G (3%)
  • Undisclosed (2%)

Country Focus

  • United States (87%)
  • Israel (8%)
  • Canada (2%)
  • United Kingdom (2%)

Industry Focus

  • Cyber Security
  • Software
  • Network Security
  • Information Technology
  • Security
  • Artificial Intelligence (Ai)
  • Cloud Security
  • Enterprise Software
  • Machine Learning
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ballistic Ventures frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Team8
Asia, Tel Aviv, Israel, Tel Aviv-yafo
Co-Investments: 3
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 3
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 6
Accel
North America, California, United States, Palo Alto
Co-Investments: 4
SYN Ventures
North America, Florida, United States, West Palm Beach
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 2
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 3
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 8
Ten Eleven Ventures
North America, California, United States, Burlingame
Co-Investments: 3

Which angels does Ballistic Ventures often collaborate with?

AA
North America, California, United States, San Francisco
Shared Deals: 1
GK
North America, California, United States, San Jose
Shared Deals: 2
JM
North America, California, United States, San Francisco
Shared Deals: 1
TS
North America, California, United States, Menlo Park
Shared Deals: 2
JD
North America, Texas, United States, Dallas
Shared Deals: 2
IA
North America, California, United States, San Francisco
Shared Deals: 1
KR
North America, California, United States
Shared Deals: 1
ES
North America, California, United States, San Francisco
Shared Deals: 1
MO
North America, California, United States, Beverly Hills
Shared Deals: 2
WT
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Ballistic Ventures?

Noma Security

Herzliya, Tel Aviv, Israel

Noma Security is a unified platform focused on AI and agent security, enabling cybersecurity to control AI risks.

Artificial Intelligence (AI)Cyber SecurityNetwork SecuritySecurity
Series BJul 31, 2025
Amount Raised: $100,000,000
Reveal Technology

Bozeman, Montana, United States

Reveal Technology offers a defense tech platform and AI products that generate critical intelligence for military and public safety users.

AnalyticsArtificial Intelligence (AI)Public SafetySaaSSoftware
Series BJul 29, 2025
Amount Raised: $30,000,000

Root Evidence will help them cut through the clutter and concentrate first on the few vulnerabilities.

SeedJul 28, 2025
Amount Raised: $12,500,000
Zip Security

New York, New York, United States

Zip Security delivers an AI-driven cybersecurity and compliance platform for security and IT automation for small and mid-sized enterprises.

Artificial Intelligence (AI)Cyber SecurityNetwork SecuritySecurity
Series AJul 14, 2025
Amount Raised: $13,500,000
Hypernative

Herzliya, Tel Aviv, Israel

Hypernative delivers Web3 security and threat detection, using AI to protect blockchain protocols, assets, and decentralized apps.

Cyber SecurityInformation TechnologyMachine LearningWeb3
Series BJun 10, 2025
Amount Raised: $40,000,000
BreachRx

Ashburn, Virginia, United States

BreachRx is an intelligent incident response platform that generates tailored response plans and provides targeted guidance to stakeholders.

Cyber SecurityPrivacySaaSSecuritySoftware
Series AMay 19, 2025
Amount Raised: $15,000,000
Veza

Palo Alto, California, United States

Veza is a data security platform that helps users use and share their data safely.

Cloud SecurityDatabaseSecuritySoftware
Series DApr 28, 2025
Amount Raised: $108,000,000
AuthMind

Bethesda, Maryland, United States

AuthMind is a risk intelligence platform designed to detect, protect, and prevent identity and access risks.

Cyber SecurityIdentity ManagementSoftware Engineering
SeedApr 22, 2025
Amount Raised: $19,300,000
GetReal Labs

San Mateo, California, United States

GetReal Labs is to protect businesses throughout the world from the risks caused by the malicious use of modified and synthetic data.

Information TechnologyInternet
Series AMar 26, 2025
Amount Raised: $17,500,000
SpecterOps

Alexandria, Virginia, United States

SpecterOps is a cybersecurity company that provides services and training solutions to help enterprises defend against attacks.

Cyber SecurityInformation TechnologyNetwork SecurityTraining
Series BMar 5, 2025
Amount Raised: $75,000,000