TLDR:
Strider Technologies has raised $55 million in Series C funding led by Pelion Venture Partners. The investment will support the company’s rapid revenue growth, accelerate the development of its AI-driven strategic intelligence platform, and enable international expansion and reach in the public sector.
Key points:
- Strider Technologies, Inc. closed a $55 million Series C Round led by Pelion Venture Partners
- The investment will support Strider’s rapid revenue growth and accelerate development of its AI-driven strategic intelligence platform
Strider Technologies, a strategic intelligence company based in South Jordan, Utah, announced the closure of a $55 million Series C round of funding. The round was led by Pelion Venture Partners and included participation from AXA Venture Partners (AVP), Valor Equity Partners, DataTribe, and Cyfr Capital. This investment marks the largest single investment in the firm’s history and will enable Strider to advance its AI-driven capabilities and global intelligence platform.
The company’s CEO and Co-founder, Greg Levesque, highlighted the importance of their mission to protect the ideals and innovations of the free world, especially in the face of nation-state threats. With this funding, Strider plans to expand its operations to new geographies in Europe and Asia, addressing the public sector market more aggressively.
With the world entering a new era of global intelligence, organizations are facing challenges from nation-state adversaries in areas such as technology, talent recruitment, and supply chain operations. Strider’s integrated global intelligence platform leverages AI, open-source data, and proprietary methodologies to help organizations proactively secure critical assets and make informed decisions.
Since its launch in 2019, Strider has raised $110 million in venture capital funding, grown its team to nearly 200 employees, and secured multiple patents. The company’s focus on strategic intelligence and innovation continues to position them as a leader in the industry, with operations in 10 countries across the globe.
