Booz Allen triples venture capital fund

Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies.

Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep technology, defense technology and artificial intelligence companies.

Then, in July 2025, Booz Allen’s VC arm launched its second cohort, adding $200 million. It anticipates making 20 to 25 investments — five to seven each year with follow-on investments — targeting early-stage tech companies focused on national security. Booz Allen does not disclose individual investment amounts.

“It was important to continue that journey because we saw our clients’ demand for that technology grow and the impact on our mission grow,” says Travis Bales, Booz Allen Ventures’ managing director.
The second round adds a focus on reindustrialization and reshoring manufacturing.

“We can look at a lot of different world events that are giving us the indication of the way technology is trending, whether that’s foundational LLMs or autonomous systems — all of those are trending to more adoption, not less,” Bales says.

Shift5, which provides data solutions for military weapons and transportation systems, used its VC funding from Booz Allen to boost internal research and development efforts.

“[Booz Allen] demonstrates as a really critical partner to not only our customer, the U.S. government, but to several commercial customers that have a mission-critical technology, and it validates our market opportunity,” says Ryan Sublett, Shift5’s vice president of finance.

Corsha, a cybersecurity company, used its Booz Allen funding to hire 10 employees and anticipates expanding to an office and lab space four times the size of its current space, founder and CEO Anusha Iyer says.

Corsha found Booz Allen’s breadth of experience attractive. “They have an unmatched scale and mission knowledge, especially across the federal space, so it helps us accelerate getting our technology into the spaces that need it,” Iyer says.

Regarding Booz Allen’s search for its second cohort of companies to invest in, Bales says, “How do we manufacture things that are not only critical to the mission, but critical to certain components that serve the mission? … We see that as part of being a great actor in the ecosystem to help support those companies where they align to our mission with our clients.”