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Vannevar Labs

Vannevar Labs

Advanced data collection for national security

About

Vannevar Labs enhances national security by providing advanced data collection and analysis tools primarily for government agencies and defense contractors. Their main product, Decrypt, simplifies the process of gathering public data from hard-to-reach sources while ensuring secure and anonymous data collection. This platform decentralizes data collection, pulling information from various global sources without requiring user interaction, using layered obfuscation methods to protect data integrity and user identities. Decrypt's open architecture allows for quick integration with other applications, making it adaptable to various needs. Vannevar Labs operates on a subscription-based model, charging clients for access to Decrypt, which ensures a steady revenue stream. The company's goal is to leverage technology to improve national security and maintain its reputation as a trusted provider in the defense sector.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Defense

Total Funding

$91.1M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The recent $75M Series B funding round, led by Felicis, positions Vannevar Labs for significant growth and product development.
  • Decrypt's deployment across 15 major government agencies and $25M in sales demonstrate strong market validation and revenue potential.
  • The company's reputation as a trusted provider in the defense sector helps attract and retain high-profile clients, ensuring steady subscription-based revenue.

What critics are saying

  • The highly specialized nature of the defense and intelligence market may limit Vannevar Labs' ability to diversify its client base.
  • Dependence on government contracts can lead to revenue volatility due to changes in political priorities and budget allocations.

What makes Vannevar Labs unique

  • Vannevar Labs' Decrypt platform decentralizes data collection, ensuring secure and anonymous data gathering from global sources, unlike traditional centralized systems.
  • The platform's layered obfuscation methods protect the origin and destination of data, providing a unique security advantage in the defense sector.
  • Vannevar Labs' open architecture allows for seamless integration with other government and commercial applications, enhancing its adaptability and versatility.

Growth & Insights
Headcount

6 month growth

20%

1 year growth

38%

2 year growth

225%

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