Reveal, an AI technology startup, has secured $2.45 million in seed funding. Defy Partners and 8VC led the round.
Woodside, CA June 8, 2020 — Reveal, a startup that deploys AI technology to maintain a strategic national security advantage, announced today that it has raised $2.45M in seed funding led by Defy Partners and 8VC. Additionally, Reveal was awarded a development contract through the Defense Innovation Unit (DIU), to provide prototype tactical AI software for Soldiers and Marines that accelerates and improves decision making using deep learning and other automation tools. With this round of financing, Reveal has added advisors including: General Peter Pace, former United States Marine Corps general who served as the 16th Chairman of the Joint Chiefs of Staff and Kevin Mandia, CEO of FireEye. Reveal will use the funding for expansion and hiring engineering talent.
Reveal develops mobile software technology that applies AI to high-risk front line operations. This technology provides real-time 2D and 3D mapping, automated decision making tools, and instant situational awareness, all from a hand-held device. The implementation of this advanced technology is a critical differentiator, as many other products require servers and clouds, are developed in unfriendly nations, or provide delayed information. By leveraging the power of Reveal’s AI solution, tactical operators can effectively accelerate and improve battlefield decisions and maintain critical competitive advantages in hostile environments.
“Reveal is the leader of a new generation of national security technology companies, redefining how American companies contribute to critical national security missions,” said Garrett Smith, CEO of Reveal. “Our goal is to fuel cutting-edge innovation by leveraging the combined power of combat leadership and top-tier technologists to upend the traditional “cost plus” model of Federal acquisitions. This is the new way of doing business.”
Reveal was co-founded by Smith, former combat-decorated Marine Corps Force Recon Officer, who completed multiple combat tours in South/Southeast Asia and South America, and earned a BYU BA and Stanford MA; Andrew Dixon, former Marine Corps Infantry Officer and Unmanned Mission Commander, who completed one combat tour and earned a Princeton BA; Parker Clark, a Stanford graduate with a BS EE/MS; and John Laxson, a Stanford graduate and serial entrepreneur with a BS Computer Science.
“Investment in Reveal – and in their generation of “defense-first, dual-use” technology companies – ensures an advantage as future generations of companies replace the old,” said Neil Sequeira, Co-Founder & Managing Director of Defy Partners. “We believe that their incredible team has potential to make a huge impact and we are excited to support them and see the long-term innovation pay off for this industry and for our country.”
To learn more about Reveal and get in touch, reach out via https://revealtech.ai
Reveal Technology, Inc. represents the new generation of national security technology companies, building mobile software that allows warfighters to leverage the power of applied AI to make better, faster decisions in high-risk environments. Headquartered in Silicon Valley, the company has raised $2.45M to date from Defy Partners and 8VC, and continues to win Federal contracts as it grows and deploys its technology. Reveal was co-founded by Garrett Smith, former combat-decorated Marine Corps Force Recon Officer, who completed two combat tours and earned a BYU BA and Stanford MA; Andrew Dixon, former Marine Corps Infantry Officer and Unmanned Mission Commander, who completed one combat tour and earned a Princeton BA; Parker Clark served as CTO of one of the largest domestic commercial drone companies and graduated rank #1 from Stanford Engineering with BS degrees in EE/MS; and John Laxson, who has served in a variety of software leadership roles throughout the industry and is a Stanford graduate with a BS in CS. Get in touch at https://revealtech.ai.
About Defy Partners
Founded in 2016, Defy is a Silicon Valley based venture firm exclusively focused on early Series A, an underserved part of the venture landscape. The firm launched in 2017 with a $151 million fund and closed its second fund of $262 million in early 2019. Defy was co-founded by long-term venture capitalists Neil Sequeira and Trae Vassallo, with a goal to invest in entrepreneurs and companies looking to solve complex problems. Defy’s focus is to help companies, after seed funding, mature and scale into companies ready for growth capital. Connect with Defy at https://defy.vc/ and @defyvc