About BlueWing
BlueWing is a venture capital firm located in Washington, DC, United States. As of May 2026, BlueWing is an active investor, having invested in 18 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Lastwall Overall, BlueWing portfolio has seen 1 unicorn and 2 acquisitions, namely Anduril, Adlumin and Phylum. A lot of funds co-invest with BlueWing, with names like Blu Venture Investors sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
BlueWing's List of Top Investments
BlueWing has a portfolio of 18 companies, one of which is a Unicorn. Their most notable investments are in TUBR and Tidal.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by BlueWing:
1. Anduril
Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains. It develops integrated platforms that enhance situational awareness, real-time decision-making, and operational effectiveness for defense and security applications. It delivers a range of autonomous systems and software-defined defense infrastructure, including surveillance systems, unmanned platforms, and command-and-control technologies designed to operate in complex and contested environments. Its solutions support modern military needs such as border security, force protection, and multi-domain mission coordination.
Key facts about Anduril
- Founded Year: 2017
- Location: Costa Mesa (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $11.3B
- Employee Count: 6,214 as on Nov 12, 2025
- Investors: Franklin Templeton Investments, Valor Equity Partners and 73 Others
- Latest Funding Round: Series H, May 13, 2026, $*****
- Highlight: Editors' Pick
2. Shift5
Platform for intrusion detection and prevention. The platform offers data recorder to collect, enrich, store and transmit embedded data for real-time incident response, and analytics, Shift5 Engine which prevents and detect intrusion by leveraging rule based and model based analytics and Shift Guage Cluster which provides a solution to conduct incident response and preventive maintenance.
Key facts about Shift5
- Founded Year: 2018
- Location: Arlington (United States)
- Stage: Series C
- Total Funding till date: $180M
- Employee Count: 145 as on Apr 30, 2026
- Investors: Boeing, Neu Capital and 18 Others
- Latest Funding Round: Series C, Sep 03, 2025, $*****
- Highlight: Editors' Pick
3. Antithesis
Provider of autonomous software testing platform for bug detection and reproduction. This platform offers deterministic testing, enabling perfect reproducibility of found bugs, regardless of complexity. It explores software in novel ways, uncovering "unknown unknowns" not found through traditional testing methods. The platform facilitates easier debugging by providing a deterministic environment for analysis and reproduction of error paths. It also allows for continuous testing of new software versions, leading to quicker bug identification and resolution. This reduces time spent on manual testing and improves overall software quality and release cycles.
Key facts about Antithesis
- Founded Year: 2018
- Location: Vienna (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $182M
- Employee Count: 191 as on Apr 30, 2026
- Investors: Jane Street, Tamarack Global and 16 Others
- Latest Funding Round: Series A, Dec 03, 2025, $*****
- Highlight: Editors' Pick
Developer of an AI agent platform for cybersecurity operations centers. The platform allows security analysts to build and manage AI agents. These agents automate repetitive tasks and assist with threat intelligence. The AI agents gather data, analyze vulnerabilities, and generate reports. The platform integrates with existing security tools and requires no coding.
Key facts about Bricklayer AI
- Founded Year: 2023
- Location: Arlington (United States)
- Stage: Seed
- Total Funding till date: $7.5M
- Employee Count: 35 as on Apr 30, 2026
- Investors: Blu Venture Investors, Dreamit and 4 Others
- Latest Funding Round: Seed, Oct 22, 2025, $*****
- Highlight: Editors' Pick
5. Lastwall
Secure identity management solutions protecting against credential-based, phishing, and quantum threats. The company empowers defense and government teams with secure identity solutions, ensuring operational integrity and mission readiness. They offer a platform that locks down cloud services and IT networks by verifying user identity, preventing unauthorized access and breaches. Their technology fuses Zero Trust and Public Key Infrastructure, delivering a streamlined solution with minimal attack surface and post-quantum cryptographic protection. They provide passwordless advanced MFA, contextual authentication, and compliance-built platforms secured using NIST standards. They are focused on defending institutions through innovative identity and digital defense solutions. They offer identity platform, zero-trust architecture, multi-factor authentication, passwordless login, cloud applications, user directories, webAuthn/FIDO2, CAC and PIV cards, hardware authentication, and quantum resilience.
Key facts about Lastwall
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $16M
- Employee Count: 29 as on Apr 30, 2026
- Investors: Blue Bear Capital, Elemental and 5 Others
- Latest Funding Round: Series A, May 27, 2026, $*****
BlueWing's Year-on-Year Investment Trends
BlueWing has invested in 18 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 2 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Lastwall and most recent follow-on round was in Bricklayer AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 1 | 2 |
2024 | 3 | 0 | 3 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
BlueWing's Investments by Stage
BlueWing has made 6 investments in Seed stage with an average round size of $2.33M and 2 investments in Series A stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 2 |
Note: We have considered here, only first round of investments
BlueWing's Investments by Sector
BlueWing has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Artificial Intelligence - Industry Applications, High Tech and Business Services. Notably, it has invested in 15 Enterprise (B2B) companies, 14 Tech companies, 13 Software companies and at least 10 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
Enterprise Infrastructure | 6 |
Artificial Intelligence - Industry Applications | 2 |
High Tech | 2 |
Business Services | 1 |
Note: We have considered here, only first round of investments
BlueWing's Investments by Geography
BlueWing has made most investments in United States (7), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
BlueWing's recent investments
BlueWing has made 1 investments in 2026 so far - Lastwall.Here are the most recent investments by BlueWing:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 27, 2026 | United States | Series A | 5393 | [+2] | |
Dec 21, 2025 | United States | Seed | 4964 | [+6] | |
Oct 22, 2025 | United States | Seed | 6280 | [+2] | |
May 07, 2024 | United States | Seed | 1964 | [+9] | |
May 02, 2024 | United States | Seed | 9892 | [+3] |
Unicorns in BlueWing's Portfolio
BlueWing has 1 unicorn in its portfolio - Anduril. The most recent unicorn in their portfolio is Anduril which became a unicorn in 2019, 6 years before BlueWing first invested in it.Here is a list of unicorns in BlueWing's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains | 2017 | Costa Mesa | Series H | n{otdgm |
Acquired companies in BlueWing's Portfolio
2 companies from BlueWing's portfolio have been acquired. The most recent acquisition was Phylum in Jan 2025 by Veracode for $*****.Here are BlueWing's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 06, 2025 | - | - | 2331 | |
Nov 20, 2024 | - | - | 5551 |
Co-investors of BlueWing
Over the past 4 years, 42 investors have co-invested in BlueWing's portfolio companies. This includes funds and angels.
- Invested before BlueWing: Techstars has invested before BlueWing.
- Top Co-investors of BlueWing: 33 investors entered a company along with BlueWing. These include investors like Blu Venture Investors (3 companies).
- Invested after BlueWing: A total of 8 investors have invested in BlueWing's portfolio after their investments. Top Investors include Tech Square Ventures (1 company), Squadra Ventures (1 company) and USAA (1 company).
Recent News related to BlueWing
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Lastwall Secures $16 Million Investment for Quantum-Resilient Cyber Defense Expansion in CanadaQuantum Computing Report•May 27, 2026•BlueWing, New Brunswick Innovation Foundation, Blue Bear Capital, BDC and 1 other
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Ciphero Secures $2.5M to Develop AI-Native Security for Agentic WorkflowsAlleyWatch•Dec 18, 2025•Chingona Ventures, Sovereign's Capital, CIPHERO, BlueWing and 8 others
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Bricklayer AI Raises $5M in Seed FundingFinSMEs•Oct 22, 2025•Bricklayer AI, BlueWing, Sovereign's Capital, Dreamit and 1 other
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Bleach Cyber Secures $2 Million Pre-Seed Round from Industry Leading InvestorsPRWeb•May 07, 2024•Bleach Cyber, Everywhere, The Fund, Raintree Capital Inc and 5 others
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Bricklayer AI Raises $2.5M in Pre-Seed FundingFinSMEs•May 02, 2024•Bricklayer AI, Sovereign's Capital, Dreamit, VIPC and 2 others
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Tidal Cyber Raises $4M in FundingFinSMEs•Oct 05, 2022•Tidal, Ultratech Capital Partners, Access Venture Partners, TFX Capital and 7 others
