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Department of Homeland Security

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Investment thesis

The U.S. Department of Homeland Security is a federal government agency with over 260,000 employees whose mission is to secure the nation from threats, spanning aviation and border security, emergency response, cybersecurity, and chemical facility inspection.

Source: firm website, verified Aug 16, 2026.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 2004–2024.

Awards
1,155
Companies funded
523
Total awarded
$357.1M
Median award
$148.4K

833 Phase I · 322 Phase II · 6 via STTR · most-funded states: CA, MA, VA, MD, TX

Recent awardeesPhaseYearAmount
AVAWATZ COMPANYAddison, TXPhase I2024$174.5K
AGILE DATA DECISIONS, INC.Houston, TXPhase I2024$171.4K
SKY PARK LABS LLCConcord, MAPhase I2024$175K
TOYON RESEARCH CORPORATIONGoleta, CAPhase I2024$175K
GLOBAL TECHNOLOGY CONNECTION, INC.Atlanta, GAPhase I2024$175K
INTELLISENSE SYSTEMS INCTorrance, CAPhase I2024$175K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$175K
INTELLISENSE SYSTEMS INCTorrance, CAPhase I2024$175K
DEEP ANALYTICS LLCMontpelier, VTPhase I2024$174.9K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$174.9K
VADUM INCRaleigh, NCPhase I2024$174.9K
SYNCOPATED ENGINEERING INCColumbia, MDPhase I2024$174.8K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$174.8K
PENDAR TECHNOLOGIES LLCCambridge, MAPhase I2024$174.6K
Gamma Reality Inc.Richmond, CAPhase I2024$174.6K
MICHIGAN ENGINEERING SERVICES LLCAnn Arbor, MIPhase I2024$174.3K
LUTRIS, INC.Berkeley, CAPhase I2024$171.9K
SECURELOGIX CORPORATIONSan Antonio, TXPhase I2024$166.5K
IONICSCALE LLCAtlanta, GAPhase I2024$166.1K
N5 SENSORS INCROCKVILLE, MDPhase II2023$999.9K
CASPIA TECHNOLOGIES LLCAustin, TXPhase II2023$998.1K
Analytical AI, LLCBirmingham, ALPhase II2023$997.6K
CASPIA TECHNOLOGIES LLCAustin, TXPhase I2023$149.5K
CAPESYM INCNatick, MAPhase II2023$1M
LYNNTECH INC.College Station, TXPhase II2023$1M
RADIATION MONITORING DEVICES, INC.Watertown, MAPhase II2023$1000K
NOVATEUR RESEARCH SOLUTIONS LLCAshburn, VAPhase II2023$1000K
NANOHMICS INCAustin, TXPhase II2023$1000K
Caelum Research CorporationRockville, MDPhase II2023$1000K
CATALYST COMMUNICATIONS TECHNOLOGIES, INC.Forest, VAPhase II2023$1000K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive — the agency takes no equity.

Instruments
Grants
Tracked investments
263
Acquisitions
1

What they invest in

from 172 of 263 portfolio companies

Deep Tech ×101Defense Tech ×98Hardware ×82AI & Machine Learning ×55Enterprise Software ×35Cybersecurity ×32Advanced Manufacturing ×27IoT ×25

HQs:United States×126China×1

Investments · 263 tracked

founders shown can be your intro path

By year:2024 · 72023 · 62022 · 182021 · 152020 · 62019 · 122018 · 152017 · 102016 · 192015 · 122014 · 132013 · 14230 dated

BRIMROSE TECHNOLOGY CORPbrimrosetechnology.com✓ verified

Brimrose Technology develops hyperspectral imaging systems and related instrumentation, receiving substantial funding from U.S.

Deep TechDefense TechHardwareNew MaterialsSpace TechBaltimore, US

Dr. Ronald Rosemeier(Founder and CEO)Dr. Jolanta Soos(Chief Technology Officer)Dr. Sudhir Trivedi(Director of Research and Development)

4D TECH SOLUTIONS, LLC4dtechsolutions.cominMay 2020 · $149.5K

4D Tech Solutions develops unmanned systems, rapid prototyping equipment, and advanced technologies for defense and special operations applications.

Deep TechDefense TechEnterprise SoftwareHardwareFairmont, US

Brad DeRoos(Founder)

ACCIPITER SYSTEMS INCaccipitersystems.cominApr 2019 · $1.3M

Accipiter Systems builds high-performance electronic and photonic system interconnect hardware (PCIe switches, network interface cards, expansion chassis) and software (switch software, drivers, APIs, GUIs) for edge AI infrastructure.

AI & Machine LearningDeep TechHardwareWexford, US

DAVID DRURY(Executive Officer)inDANIEL M FLYNN(Executive Officer, Director)ADAM BOONE(Executive Officer)ERIC J HELMSEN(Executive Officer, Director)inJOHN KRIAK(Executive Officer)

ACELLENT TECHNOLOGIES INCacellent.comin𝕏Dec 2005 · $100K

Acellent develops embedded sensor networks in flexible circuits that can be applied to structures for structural health monitoring and real-time diagnostics in demanding environments.

AI & Machine LearningDeep TechHardwareIoTCalifornia, US

Irene J. Li(President & CEO)

Achilles Heel Technologies, Incaht.aiJun 2019 · $1.1M

Achilles Heel Technologies develops cybersecurity solutions that enable government and commercial customers to model complex systems, identify vulnerabilities, and assess which attacks would be most damaging.

AI & Machine LearningCybersecurityDeep TechDefense Tech

Jerry Rudisin(CEO)David Grimsman(Director, Product Development)Benjamin Francis(Chief Scientist/Principal Investigator)

ADA TECHNOLOGIES, INC.adatech.comMay 2020 · $150K

ADA Technologies manufactures energy storage products for specialized defense applications.

Advanced ManufacturingDeep TechDefense TechEnergyHardwareEnglewood, US

Russ Farmer(President & CEO)Nada Farmer(Vice President & Chief Financial Officer)James Dong(Vice President of Research and Development)Sayan Naha(Vice President, Business Development)

ADELPHI TECHNOLOGY INCadelphitech.comAug 2016 · $800K

Adelphi Technology manufactures neutron generators using Deuterium-Tritium, Deuterium-Deuterium, and thermal neutron sources, offering both actively pumped and sealed systems with yields up to 2x10^10 n/s.

Advanced ManufacturingDeep TechHardwareMedical DevicesRedwood City, US

Melvin Piestrup(Founder/Chairman)

ADVANCED FUEL RESEARCH, INC.afrinc.comSep 2008 · $464.4K
AERODYNE RESEARCH INCaerodyne.com

Aerodyne Research develops research-grade scientific instrumentation and provides measurement and R&D services focused on environmental and energy challenges.

Climate TechDeep TechHardware

AEROSOL DEVICES INCaerosoldevices.comin𝕏May 2021 · $156.5K

Aerosol Devices manufactures aerosol particle sampling devices using condensation growth tube technology for bioaerosol and chemical particle collection across the 5 nanometer to 10 micron size range.

BiotechDeep TechHardwareHealthtechFort Collins, US

Dr. Susanne HeringPat KeadyDr. Ping Chen(President)

Agileddagiledd.aiinMay 2024 · $171.4K

AgileDD offers a human-guided AI platform that ingests unstructured technical documents (PDFs, images, MS Office files, including handwriting via OCR) and extracts, indexes, and searches them using generative AI, machine learning, and RAG.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsACADEMY INVESTORAIN VenturesHouston Angel Network

Agiltronagiltron.comin𝕏Sep 2006 · $2.2M

Payment processing portal for businesses to accept and manage transactions.

Advanced ManufacturingDeep TechDefense TechFintechHardwareBoston, US

AGNIK LLCagnik.com𝕏

Agnik provides a smartphone-based platform for connected cars that analyzes vehicle data to report on vehicle health and driver behavior.

AI & Machine LearningIoTMobility & TransportationSaaS

Dr. Hillol Kargupta(Co-founder)inMs. Kakali Sarkar(Co-founder)in

AKAMAI PHYSICS, INC.akamaiphysicsinc.comSep 2018 · $2M
AKELA INCakelainc.comMay 2014 · $100K
Alakai Defense Systems, Inc.alakaidefense.cominSep 2011 · $2.1M

Alakai Defense Systems develops ultraviolet laser-based standoff sensors for detecting explosives, chemicals, narcotics, and other threats for defense and security applications.

Deep TechDefense TechHardwareTampa, US

Ed Dottery(Founder, President & CEO)

ALAMEDA APPLIED SCIENCES CORPORATIONaasc.spaceSep 2008 · $650K

AASC develops electric propulsion systems for satellites that generate thrust by ionizing solid metallic puck fuel (its Metal Pulsed Thruster), avoiding fluids, tanks and heaters.

Deep TechHardwareSpace Tech

Analytical AIanalyticalai.cominMay 2022 · $1.1M

Analytical AI develops artificial intelligence and machine learning solutions, including computer vision and threat detection systems, for U.S. federal agencies such as the Department of Homeland Security and the Department of Defense.

AI & Machine LearningDefense TechGovTechBirmingham, US

Thomas Anthony(Co-Founder & CIO)inMark Froehlich(Co-Founder & CEO)inFrank Skidmore(Co-Founder & Special Advisor)inCecil Bostany(Director)Kelly Hoggan(Director)inMark A Froelich(Executive Officer, Director)

AnaVation, LLCanavationllc.cominMay 2017 · $849.8K

AnaVation provides innovative technical solutions to customers, with a focus on mission-critical work that protects the nation.

Deep TechDefense TechEnterprise Software

Charles QuillinTodd Graham

ANC GROUP LLCancgroup.aiMay 2023 · $150K

ANC LLC provides advisory and consulting services in homeland and aviation security, covering systems engineering, threat and risk assessment, security technology R&D, and testing and certification.

Defense TechGovTechAlexandria, US

Amir Neeman(Founder & Principal)

ANDRO COMPUTATIONAL SOLUTIONS LLCandrocs.cominMay 2018 · $300K

ANDRO develops software-defined radio solutions and IoT networking products for smart city and defense applications, including mesh networking technology and electromagnetic analysis services.

AI & Machine LearningCybersecurityDeep TechDefense TechIoTRome, US

AOSENSE, INC.aosense.cominMay 2015 · $1.1M

AOSense develops precision sensor devices using cold-atom technology for navigation, gravity measurement, timekeeping, and related applications.

Deep TechDefense TechHardwareQuantum ComputingFremont, US

Brenton Young(President and Co-Founder)Mark KasevichJim Spilker(Chairman)

Applied Biomathematics Incramas.com

Applied Biomathematics develops risk analysis software and research methods serving scientists, engineers, and regulators across conservation, agriculture, and engineering sectors.

AgTechAI & Machine LearningCleantechClimate TechData & InfrastructureSetauket, US

APPLIED NANOTECH, INC.appliednanotech.netSep 2008 · $1.7M

Applied Nanotech develops nano-materials and processes—including printable conductive metallic inks, high-fidelity solders, and water-based graphene carbon stripper foils—for OEM and government customers in microelectronics manufacturing, defense, quantum computing, high-energy physics, and nuclear energy.

Deep TechNew MaterialsSemiconductorsAustin, US

APPLIED TRAINING SOLUTIONS, LLCappliedtrg.cominJun 2019 · $150K

Applied Training Solutions develops GIS and web-based software solutions for infrastructure management, property assessment, and emergency response.

Construction TechData & InfrastructureDefense TechEnterprise SoftwareGovTechSaaS

APPLIED VISIONS, INC.avi.comin𝕏May 2013 · $1.4M

AVI is a digital business builder that designs, develops, markets, and launches digital products for enterprise and startup clients.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSNorthport, US

APTIMA INCaptima.cominSep 2010 · $100K

Aptima engineers technologies that integrate humans and technology to improve how individuals and teams train, develop, and perform in mission-critical settings, using AI, machine learning, data analytics, and modeling and simulation.

AI & Machine LearningDeep TechDefense TechWoburn, US

Daniel Serfaty(Founder & Executive Chairman)

ARETE ASSOCIATESarete.com𝕏

Areté develops geospatial intelligence and sensing solutions for space-based and satellite applications, with deep learning and analytics capabilities serving national security and safety missions.

Deep TechDefense TechHardwareSpace Tech

Aromatix, Inc.aromatixtechnologies.comMay 2017 · $100K
ASSURED INFORMATION SECURITY, INC.ainfosec.comin𝕏May 2023 · $149.9K

Assured Information Security (AIS) is a cybersecurity firm that develops secure communications and assured systems for defense, aerospace, and unmanned systems applications.

CybersecurityDefense TechGovTechRome, US

ATC-NY INCatcorp.comin𝕏Mar 2004 · $199.9K

Architecture Technology Corporation (ATCorp) develops advanced engineering solutions for complex systems, with expertise in next-generation networking, cybersecurity, airspace traffic modeling, and high-performance computing.

CybersecurityDeep TechDefense TechDeveloper ToolsEdTechMinneapolis, US

ATS-MER, LLCatsmer.comAug 2010 · $150K
Avawatzavawatz.comMay 2020 · $324.3K

Avawatz builds AvaAI, an end-to-end AI development platform that automates data labeling, model training, and production monitoring for robotics and computer vision, along with AXIA, an application layer for real-time inference, analytics, and post-hoc analysis.

AI & Machine LearningDefense TechRoboticsLewisville, US

Rajini Anachi(Executive Officer, Promoter)

Azavea Inc.azavea.comin𝕏May 2016 · $100K

Azavea develops cloud-native geospatial software and distributed systems for clients across public, private, and non-profit sectors.

AI & Machine LearningClimate TechCloud ComputingData & Infrastructure

BALFOUR TECHNOLOGIES LLCbal4.comSep 2010 · $1.2M
BlockCypher Blockchain web servicesblockcypher.comMay 2016 · $849.8K

BlockCypher offers cloud-hosted infrastructure for blockchain development.

Developer ToolsRedwood City, US

Matthieu Riou(Founder)inCatheryne Nicholson

Co-investors500 GlobalFuture Perfect VenturesHalogen Ventures Management Company LlcNew Enterprise Associates (NEA)Foundation Capital

BLUE RIDGE ENVISIONEERING, INC.br-envision.comMay 2015 · $99.9K
BLUERISC INCbluerisc.comSep 2013 · $3.8M

Blue Risc develops AI-powered cybersecurity and embedded systems products, including vulnerability analysis, IC authentication, GNSS integrity, forensics, and secure processor technologies.

AI & Machine LearningCybersecurityDefense TechHardware

Dr. Csaba Andras Moritz(Founder & CEO)

BLUEYEQ LLCblueyeq.cominAug 2017 · $1.3M

BlueEyeQ manufactures intelligent gateways and wireless sensor systems for real-time industrial monitoring of machinery and processes.

Advanced ManufacturingAI & Machine LearningData & InfrastructureIoT

Kent Colling(CEO, Managing Director)

BODKIN DESIGN & ENGINEERING LLCbodkindesign.cominSep 2011 · $100K

Bodkin Design & Engineering provides product development and engineering services specializing in electro-optics, opto-mechanics, and mechanical systems for industrial, commercial, military, and research applications.

Advanced ManufacturingDeep TechDefense TechHardwareNewton, US

BOSTON ENGINEERING CORPORATIONboston-engineering.comAug 2015 · $300K
C360Livec360live.comSep 2021 · $843.6KAcquired

C360 builds non-stitched 360-degree immersive video camera and software systems for live sports broadcast and OTT; acquired by Cosm in 2023.

Co-investorsSeventySix Capital

Caelum Research Corporationcaelum.comMay 2022 · $1.1M
CAPESYM INCcapesym.cominSep 2011 · $6.7M

CapeSym manufactures advanced crystal materials for nuclear detection and radiation sensing applications, alongside thermal analysis software and materials consulting services.

Deep TechDefense TechHardwareNew MaterialsSemiconductorsNatick, US

Carbon Solutions Inccarbonsolution.com

Carbon Solution produces high-quality single-wall carbon nanotubes synthesized via electric arc method for research and industrial applications.

Advanced ManufacturingDeep TechHardwareNew MaterialsRiverside, US

Robert C. Haddon(Co-founder, Chief Technical Advisor)

CARDSMART TECHNOLOGIES, INC.yourcardsolution.comMay 2016 · $1.1M
Caspia Technologiescaspiatechnologies.cominMay 2022 · $1.3M

Caspia builds an AI-powered security verification platform for chip and silicon development, using domain-aware AI agents and a hardware security knowledge database to help engineers find and fix hardware security vulnerabilities early in the design flow.

AI & Machine LearningCybersecuritySemiconductorsGainseville, US

Mark Tehranipoor(Director)inWaleed Khalil(Director)in

BoardRick Hegberg(Director)Walden C Rhines(Director)

Co-investorsRaptor Group

CATALYST COMMUNICATIONS TECHNOLOGIES, INC.catcomtec.comin𝕏May 2018 · $2.5M

Catalyst Communications designs and implements wireless communications systems, particularly voice over IP and land mobile radio solutions for public safety, federal agencies, utilities, and education sectors.

Deep TechEnterprise SoftwareGovTechHardwareForest, US

Robin Grier(President)

CELLEX, INC.cellex.usMay 2005 · $100K
CFD RESEARCH CORPORATIONcfd-research.cominApr 2004 · $1.2M

CFD Research Corporation develops engineering simulations, advanced prototypes, and innovative designs for aerospace, defense, life sciences, materials, and energy sectors using software and experimental capabilities.

AI & Machine LearningBiotechDeep TechDefense TechEnergyHuntsville, US

CHARLES RIVER ANALYTICS, INC.cra.cominMay 2010 · $5.4M

Charles River Analytics conducts research and develops AI-driven intelligent systems for defense, cybersecurity, space, and healthcare applications, serving the U.S.

AI & Machine LearningCybersecurityDefense TechRobotics

Cignal LLCcignal.coin𝕏May 2023 · $149.3K

Cignal builds AI that generates physically accurate synthetic images for security and detection applications.

AI & Machine LearningDeep TechDefense TechGovTech

COBALT SOLUTIONS INCcobaltsolutions.netMay 2020 · $899.9K

Cobalt Solutions designs and manufactures edge sensors and software for real-time detection and geolocation of cellular networks, serving U.S. defense, government, and commercial customers working with 4G/5G infrastructure.

AI & Machine LearningDeep TechDefense TechHardwareAustin, US

Coherent Navigationcoherentnavigation.comMay 2013 · $240K

Co-investorsNew Ground Ventures

CONNECTICUT ANALYTICAL CORPORATIONctanalytical.comSep 2010 · $194.6K
CORNERSTONE RESEARCH GROUP INCcrgrp.cominJun 2019 · $150K

CRG Defense designs, develops, and manufactures defense and dual-use technologies, turning prototypes into field-ready systems, subsystems, and mission platforms for warfighters and defense partners.

Advanced ManufacturingDefense TechHardware

CREARE LLCcreare.cominApr 2006 · $2.3M

Creare is an engineering and research company with advanced laboratory and fabrication facilities for experimental work across scales and temperatures.

Advanced ManufacturingDeep TechDefense TechDeveloper ToolsEnterprise SoftwareHardwareNew MaterialsSpace TechHanover, US

Dr. Jay Rozzi(Vice President, Principal Engineer)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(President, Principal Engineer)

Critical Technologies Inccritical.comMar 2004 · $99.9K
CYBERNET SYSTEMS CORPORATIONcybernet.comJan 2007 · $2.3M
DATANOVA SCIENTIFIC LLCdatanovasci.comMay 2016 · $98.3K

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ADVANCED BRAIN MONITORING, INC.AEROSOL DYNAMICS INCCELLULAR MATERIALS INTERNATIONAL, INC.COGNITECH CORPORATIONGINER INCL3 Latitude, LLCNOVA SCIENTIFIC INCORPORATEDQUANTASPEC, INC.RL ASSOCIATES, INC.

Browse all 263 investments with full details →

63 more tracked companies

Sandia Research CorporationSCIENTIFIC APPLICATIONS & RESEARCH ASSOCIATES, INC.SCIENTIFIC SYSTEMS CO INCSEACOAST SCIENCE, INC.SEALOCK SECURITY SYSTEMS, INC.SECURELOGIX CORPORATIONSEMQUEST, INCSEV1TECH, LLCSIGNAL SYSTEM MANAGEMENT LLCSIGNAL SYSTEMS CORPORATIONSILVERSIDE DETECTORS INCSKY PARK LABS LLCSKY SIGHT TECHNOLOGIES, LLCSMART INFORMATION FLOW TECHNOLOGIES LLCSNA International, LLCSONALYSTS INCSpace Micro Inc.SPECTRAL LABS INCORPORATEDSPECTRAL SCIENCES, INCSpectrohmSTARFIRE INDUSTRIES LLCSTELLARRAY INCSTREAMLINE AUTOMATION LLCSTRUCTURED MATERIALS INDUSTRIES, INC.SURMET CORPSYGHT INCSYNCOPATED ENGINEERING INCSYNTHETIK APPLIED TECHNOLOGIES LLCSystems & Processes Engineering CorporationSYSTEMS ENGINEERING INCTango TangoTDA RESEARCH, INC.Telesecurity Sciences, Inc.The Athena Group, Inc.THE NAVSYS CORPORATIONThreatSTOPTIAX LLCTIER 1 PERFORMANCE SOLUTIONS LLCTOYON RESEARCH CORPORATIONTPL, INCTRIDENT SYSTEMS LLCTriple Ring TechnologiesTRITON SYSTEMS, INC.TRX SystemsUHV Technologies IncULTOOL LLCUTOPIACOMPRESSION,CORPORATIONVADUM INCVALID8.COM, INC.Vaporsens, Inc.Verified IdentityVIRGINIA DIODES, INC.VOXTEL, INC.VST LLCWaverleylabsWGS Systems, LLCWizbe Industries, Inc.Xcelerate SolutionsXPLOSAFE LLCYOTTA NAVIGATION CORPZEPHYR SOFTWARE LLCZeroPoint Dynamics LLCZeteo Tech

Portfolio news

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Frequently asked questions

How many investments has Department of Homeland Security made?
Department of Homeland Security has 263 tracked investments, 1 of which have exited.

Images

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