Booz Allen Launches $100-Million Venture Capital Arm

Booz Allen Hamilton, a public sector-focused technology consultancy, has launched Booz Allen Ventures, a $100-million venture capital arm that will invest…

Michael Webb | July 20, 2022

Booz Allen Hamilton, a public sector-focused technology consultancy, has launched Booz Allen Ventures, a $100-million venture capital arm that will invest in commercial technologies for federal clients.

The venture fund will target investments at early-stage companies (seed, Series A, Series B) in the four core areas of defense, AI and machine learning, cybersecurity, and deep technology.

Booz Allen Ventures will build on the consultancy's tech scouting practice – which specializes in "analyzing industry trends, forecasting what's next, and mapping the innovation ecosystem for our clients to put solutions into practice," according to the firm's website. The tech scouting practice's research has led to investments in several firms, including Latent AI, Synthetaic, and Reveal Technology.

To continue reading, become an ALM digital reader

Benefits include:

  • Authoritative and broad coverage of the business of consulting
  • Industry-leading awards programs like Best Firms to Work For, Global Leades and Rising Stars
  • An informative newsletter that goes into the trends shaping the industry
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor

You Might Like

KPMG Acquires Prominent Strategy Consultancy Firm, The Arnold Group LLC

KPMG Acquires Prominent Strategy Consultancy Firm, The Arnold Group LLC

Acquisition strengthens strategy capability with growth-oriented offerings for the technology sector. U.S. audit, tax and advisory firm KPMG LLP, has…

Terms of UsePrivacy Policy

Copyright © 2024 ALM Global, LLC. All Rights Reserved.