Fundraising Fox

Paladin Capital Group

Venture capital

Washington · Seed–Late Stage · 71 people tracked

Also known as Paladin Capital Management, Llc

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Investment thesis

Paladin Capital Group positions itself as a leading global investor focused on supporting and scaling companies working in cybersecurity, secure artificial intelligence, and deep technology. The firm emphasizes adding value beyond capital, and operates the Paladin Global Institute, which produces tech and cyber policy research. Its portfolio and activities suggest a strong orientation toward national security-relevant technologies, semiconductor innovation, and trustworthy AI development.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$100K – $5M
HQ
Washington, DC, US
Leads rounds
Follows
Instruments
Equity
Founded
2001
Last 12 months
1 investment
AUM
$1.3B
Tracked investments
94

Team · 71 people

from the firm's website & public directories
Peter Cheung· Managing Directorin
Rick Ledgett· Managing Directorin
Kenneth Pentimonti· Principalin
Peter O’Keefe· Venture Partner
Alan Barton· Senior Advisor
Alex van Someren· Strategic Advisor
Alf Andreassen, PhD· Global Security Expert
Andrea Rigoni· Strategic Advisor
Andrew Mallory· Capital Development Senior Associate
Bryan Smith· Technical Advisor
Claire Eleshewich· Tax Director
Congressman James R. Langevin· Strategic Advisor
David Hoffman· Strategic Advisor
Emily Annick· Vice President of Fund Finance
Frank Hodas· Senior Vice President of Finance
General (Ret.) Mike Minihan· Strategic Advisor
H. Lee Buchanan· Global Security Expert and Strategic Advisor
James R. Langevin· Strategic Advisor
Jan Tighe· Global Security Expert and Strategic Advisor

Retired Vice Admiral serving as a global security expert and strategic advisor.

Jeremy B. Bash· Global Security Expert and Strategic Advisor
Kevin Phillips· Strategic Advisor
Mark Montgomery· Strategic Advisor
Mary Aiken, PhD· Chief Scientist Safety Tech
Mike Minihan· Strategic Advisor

Retired General serving as a strategic advisor.

Mohammad Karzai· Senior Accountant
Najwa Aaraj, PhD· Strategic Advisor
Nuné Martiros, PhD· Vice President
Patrice Rainier· Vice President of Operations & Investor Relations
Samuel Visner· Strategic Advisor
Stacey Dixon, Ph.D.· Strategic Advisor
Sunny Lee· Controller
Yohannes Abraham· Strategic Advisor
Roxana Irina Big· Associate
Winston Hickoxin

What they invest in

from 21 of 94 portfolio companies

Cybersecurity ×16Enterprise Software ×11AI & Machine Learning ×9Data & Infrastructure ×3Deep Tech ×3Developer Tools ×3Biotech ×2Cloud Computing ×2

HQs:United States×16Israel×1

Investments · 94 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12023 · 12022 · 12021 · 12020 · 12018 · 12016 · 29 dated

10x GenomicsNASDAQ: TXG

Next-generation genetic sequencing using microfluidics for sequencing and molecular diagnostics

Royalty PharmaNASDAQ: RPRX
Twist Biosciencetwistbioscience.comin𝕏NASDAQ: TWST

Twist Bioscience develops a silicon-based synthetic DNA manufacturing platform that produces high-quality DNA, genes, and NGS reagents for customers in medicine, agriculture, and industrial chemicals.

BiotechDeep TechSemiconductorsSouth San Francisco, US

Keith Crandell(Director)Paul Conley(Director)Fred Craves(Director)Emily Marine Leproust(Executive Officer, Director, Promoter)William Charles Banyai(Executive Officer, Director, Promoter)Bill James Peck(Executive Officer, Promoter)

Expel, Inc.Aug 2016SEC filingmedium confidence

Mclean, US

Board seatMourad Yesayan· per SEC Form D · $7.5M raise · filed Sep 2016

RADICL DefenseNov 2025SEC filingmedium confidence

Boulder, US

Mourad Yesayan(Director)Matthew Petersen(Founder)Christopher Petersen(Founder)David Graff(Founder)Chris Petersen(Founder)

Board seatMourad Yesayan· per SEC Form D · $21M raise · filed Feb 2026

RiskSenseJun 2016

Sunnyvale, US

William Dennis Peterson(Director)Dr. Srinivas Mukkamala(Executive Officer, Director)John Stewart(Director)Brett Newsome(Executive Officer)Mourad Yesayan(Director)Greg Oslan(Director)

Board seatMourad Yesayan· per SEC Form D

TurngateApr 2023

Ellicott City, US

Mourad Yesayan(Director)Bruce Potter(Executive Officer, Director)

Board seatMourad Yesayan· per SEC Form D

10X Technologies
Acalvioacalvio.comin𝕏

Acalvio provides ShadowPlex, a deception-based security platform that detects reconnaissance, credential misuse, and lateral movement during red and purple team exercises across IT, cloud, and OT environments.

AI & Machine LearningCloud ComputingCybersecurityDefense TechEnterprise SoftwareSilicon Valley, US

Adventr
Anomalianomali.comin𝕏Jan 2018

Anomali is a cybersecurity platform that combines a unified security data lake, threat intelligence, and agentic AI to help security teams detect, investigate, and respond to cyber threats.

AI & Machine LearningCybersecurityEnterprise SoftwareRedwood City, US

Karim Faris(Director)Steve Harrick(Director)Hugh Njemanze(Executive Officer, Director)inSteve Herrod(Director)Tom Reilly(Director)

Aralez Bioaralezbio.comin
Arxan
BA Insightbainsight.comin

BA Insight provides an AI enablement platform that integrates data from disparate enterprise systems using AI-powered enterprise search and retrieval-augmented generation to help organizations extract accurate answers and information across their content sources.

AI & Machine LearningData & InfrastructureEnterprise Software

Basilard BioTechbasilardbiotech.comin
Bugcrowdbugcrowd.comin𝕏

Bugcrowd operates a platform that connects security researchers and hackers with organizations to identify and report vulnerabilities in their attack surface.

CybersecuritySan Francisco, US

Chris Raethke(Executive Officer)Neill Occhiogrosso(Director)Casey Ellis(Executive Officer, Director)

BoardCharles Beeler(Director)

BuildingIQ
Calypsocalypsoai.comin𝕏

F5 AI Guardrails is an enterprise security platform that deploys runtime guardrails to protect AI models and agents against adversarial attacks, data leakage, and policy violations while enabling compliance and observability.

AI & Machine LearningCybersecurityEnterprise Software

Neil Serebryany(Cofounder)

Cellsonics
Circumvent
clearcube
Cloud Conformity
Cloudconformitycloudconformity.comin𝕏

Cloud Conformity, now part of Trend Micro's Vision One / Cloud One platform, provides cloud security posture management with automated monitoring and auto-remediation of cloud infrastructure.

Cloud ComputingCybersecurityDeveloper Tools

CloudShield
Cogent
Constructive Bio
CorelliumNov 2021

Boynton Beach, US

STAN SKOWRONECK(MANAGER)AMANDA GORTON(Executive Officer, Director)CHRISTOPHER WADE(MANAGER)

Courioncourion.com
Crossbow
Cybercore Technologies
Dam Secure
Darkweb Iq
Dashbird
Decentriq
Digital Shadowsdigitalshadows.com
Dporganizer
Edifice Health
Ellipticelliptic.coin𝕏

Elliptic provides blockchain forensics and compliance investigation tools that help financial institutions trace cryptocurrency transactions across multiple networks and assets to detect illicit activity and generate regulatory reports.

Crypto & Web3Enterprise SoftwareFintechLondon

Eyal Rabinovich(Director)James Smith(Executive Officer, Director)Thomas Robinson(Director)Adam Joyce(Executive Officer)Walter Kortschak(Director)

Embed Security
Endgameendgame.comin𝕏

Elastic provides endpoint security software that detects, investigates, and responds to threats using AI-driven analytics and behavior-based prevention.

AI & Machine LearningCybersecurityEnterprise SoftwareArlington, US

David Cowan(Director)Mark Snell(Executive Officer)Chris Darby(Director)Kenneth A. Minihan(Director)Thomas E. Noonan(Director)Arun Gupta(Director)

Expelexpel.comin𝕏

Expel provides managed detection and response (MDR) services for cybersecurity threats, helping organizations detect and respond to security incidents.

CybersecurityEnterprise SoftwareSaaS

Dave Merkel(Chief Executive Officer)

Expelexpel.ioin𝕏

Expel provides managed detection and response (MDR) services powered by AI and 24/7 human security analysts.

Cybersecurity

FiretailMar 2022

Mclean, US

Riley Priddle(Executive Officer)Jeremy Snyder(Executive Officer, Director)Mourad Yesayan(Director)

Fixifyfixify.comin
General Inception
Good_Technology
Greynoisegreynoise.ioin𝕏

GreyNoise collects primary scanning and exploitation data to provide actionable threat intelligence for cybersecurity defenders.

CybersecurityData & InfrastructureEnterprise SoftwareWashington, US

Andrew Morris(Executive Officer, Director)

Hack The Boxhackthebox.comin𝕏

Hack The Box provides hands-on training and simulation platforms for cybersecurity blue teams, including labs, courses, and incident response exercises designed to develop skills in SOC operations, digital forensics, and threat hunting.

CybersecurityDeveloper ToolsEdTechEnterprise Software

Hacktheboxhackthebox.euin𝕏

Hack The Box operates a cybersecurity training and skills platform offering hands-on labs, simulations, assessments, and cyber ranges for individuals, enterprises, and public sector organizations.

AI & Machine LearningCybersecurityEdTech

Hawkeye
Hubble Technology
Hushmeshhushmesh.com

Hushmesh operates the Mesh, a cryptographic infrastructure that gives every person, agent, and data object a globally verified identity, keychain, and encrypted space to assure data provenance, integrity, and privacy.

AI & Machine LearningCybersecurityDeep Tech

Igniter Eu
Initiate
Insane CyberFeb 2024

San Antonio, US

Mourad Yesayan(Director)Daniel Gunter(Executive Officer, Director)

Inscriptainscripta.com

BiotechBoulder, US

Michael Graige(Executive Officer)John R. Stuelpnagel(Director)Ron McGrath(Executive Officer)Sri Kosaraju(Executive Officer, Director)Roger Wyse(Director)Dianna L. DeVore(Executive Officer)

Irius Riskiriusrisk.comin
Karamba Securitykarambasecurity.com

Karamba Security provides runtime protection and binary hardening software for edge devices, embedded systems, and containerized workloads to prevent AI-enabled attacks and supply chain compromises.

AI & Machine LearningCybersecurityDefense TechDeveloper ToolsIoTHod Hasharon, IL

Menlo Micro

Develops cutting edge electronic switches to create a more energy efficient and sustainable world.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

IPOs and acquisitions across the tracked portfolio

10x GenomicsNASDAQ: TXGRoyalty PharmaNASDAQ: RPRXTwist BioscienceNASDAQ: TWST

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 6

as of Dec 2025
FundVintageCommittedNet IRRTVPIDPI
Paladin III, L.P.LPs: Contra Costa County Employees' Retirement Association, Employees' Retirement System of Rhode Island20082.16x2.05x
Paladin Latin American Partners III, L.P.LPs: North Carolina Retirement Systems20080.0%7.00x0.16x
Paladin III (NY City)LPs: New York City Police Pension Fund, New York City Employees' Retirement System, Teachers' Retirement System of the City of New York +1 more200712.3%2.10x2.10x
Paladin (NY), LPLPs: Empire State Development – New York Ventures20041.62x1.62x
Paladin Homeland Security Fund (NY City)LPs: New York City Police Pension Fund, New York City Fire Department Pension Fund, New York City Employees' Retirement System2004-14.2%0.38x0.38x
Paladin Homeland Security Fund (NY), L.PLPs: Teachers' Retirement System of the City of New York2004-14.2%0.38x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does Paladin Capital Group invest at?
Paladin Capital Group invests at the Seed, Series A, Series B, Growth, Late Stage stages.
What is Paladin Capital Group's typical check size?
Paladin Capital Group typically writes checks of $100K – $5M.
What sectors does Paladin Capital Group focus on?
Paladin Capital Group focuses on AI & Machine Learning, Biotech, Cloud Computing, Crypto & Web3, Cybersecurity, Deep Tech, Defense Tech, Developer Tools.
Where is Paladin Capital Group located?
Paladin Capital Group is headquartered in Washington, US.
Does Paladin Capital Group lead rounds?
Paladin Capital Group typically participates in rounds rather than leading them.

Co-investors · 50

Vertical Venture Partners

Vertical Venture Partners is an early-stage venture capital firm that invests exclusively in specific industry verticals, backing founders whose deep, operator-level understanding of a vertical drives their company.

Both backed · 4
AcalvioInscriptaBasilard BioTechMenlo Micro
$500K – $4M
Scale Venture Partners

Scale Venture Partners is an early-stage investor that partners with AI companies to help them grow from founder-led growth into a scalable go-to-market operation.

Both backed · 2
ExpelFixify
$5M – $25M
ForgePoint Capital

ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.

Both backed · 2
PanaseerSecure Code Warrior
$5M – $50M
GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

Both backed · 1
$250K – $50M
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

Both backed · 1
$5M – $100M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

Both backed · 1
$1.6M – $70M
Index Ventures

Index Ventures is a venture capital firm that backs founders across the globe, investing in the people behind ideas from early through later stages.

Both backed · 1
$540K – $10.8M
Venrock

Venrock is a venture capital firm investing across technology and healthcare, backing companies in fintech, developer infrastructure, life sciences, therapeutics, semiconductors, and consumer products.

Both backed · 1
10x Genomics
$500K – $10M
Costanoa Ventures

Costanoa Ventures is an early-stage venture capital firm that backs a select group of founders solving large, difficult problems, positioning itself as a long-term, operationally engaged partner from a company's earliest days through later milestones.

Both backed · 1
$500K – $8M
CapitalG

CapitalG is Alphabet's independent growth fund, investing in growth-stage consumer and enterprise technology companies and providing hands-on operational and strategic support drawn from Google's scaling experience.

Both backed · 1
$50M – $100M
March Capital Partners

March Capital is an early-growth venture capital firm investing in frontier technology companies focused on the AI revolution, partnering with founders to build category-defining businesses.

Both backed · 1
ARCH Venture Partners

ARCH Venture Partners is a venture capital firm that backs and helps build transformational companies, with a strong focus on the life sciences and biotech sector.

Both backed · 1
$50K – $250M
38 more co-investors

Decibel PartnersS32Frontline VenturesPiva CapitalDBL PartnersGood Growth Capital+ND CapitalSwanlaab Venture FactoryActivate Venture PartnersNew Enterprise Associates (NEA)Canaan PartnersRRE VenturesAccel-KKRInovia CapitalCrosslink CapitalCreandumboldstart ventures23andMeEnergy Impact PartnersCisco InvestmentsPlayground Global137 VenturesArtis VenturesAngular VenturesGE VenturesGutbrain VenturesS3 VenturesGrotech VenturesCerity Partners VenturesLigature VCEqual VenturesAlkeon CapitalAster CapitalTop Tier Capital PartnersLeaps by BayerFinancial Technology Partners / FT PartnersIllumina VenturesFine Structures Ventures

Firms observed investing alongside Paladin Capital Group, from public investor directories. Shared companies are the overlap with Paladin Capital Group's recorded portfolio.

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