National Security Technology Investor Razor’s Edge Closes Oversubscribed $340 Million Investment Fund

RESTON, VA – September 20, 2022

Razor’s Edge, a leading national security-focused technology investor, today announced the final closing of its third investment fund, at just under $340 million. Significantly exceeding the firm’s original fundraising target of $250 million, this result reflects strong investor support for the firm’s strategy of investing in sophisticated companies that are key to helping the United States maintain technological superiority over its adversaries.

Razor’s Edge was founded in 2010 by a seasoned team of entrepreneurs and operating executives who collectively bring decades of experience helping national security community customers solve difficult technology problems and advance critical missions. Leveraging its position as a trusted resource to elite customers, the firm invests in high-growth companies developing products and capabilities that address U.S. technology gaps. In many cases, these companies will also have the ability to scale into large, adjacent commercial enterprise markets, such as healthcare, energy, telecommunications, financial services, industrial and manufacturing. Current technology areas of interest for the firm, which are informed by strategic U.S. national security priorities, include autonomous systems, space technologies, cybersecurity, artificial intelligence / machine learning, digital signal processing, and other aerospace and defense technologies.

“Our third fund will continue the approach we have successfully applied since the beginning. The U.S. faces an increasingly complex and rapidly growing national security threat environment. We work diligently across our portfolio to help our customers solve the hardest problems and maintain a technological advantage over near peer adversaries,” said Peggy Styer, Co-Founder and Managing Partner.

“Our laser focus on supporting elite customer missions and obsession with building innovative cultures attract exceptional founders to the firm and drive a high volume of deal flow,” noted Jack Kerrigan, Co-Founder and Managing Partner. “We have already completed five new investments in 2022.”

“We have a fantastic group of new and long-standing investors and want to thank them for their commitment to Razor’s Edge,” said Mark Spoto, Co-Founder and Managing Partner. “The fact that this fund significantly exceeded our initial target speaks to the trust our investors have in the team and the enthusiasm they have in our ability to deliver venture capital returns while leveraging our operating experience to hedge against risk.”

The fundraising brings the firm’s total assets under management to more than $600 million. In the last two years, Razor’s Edge has delivered two initial public offerings and two material M&A exits from its portfolio companies to investors.

About Razor’s Edge

Razor’s Edge, a Reston, Virginia-based multi-stage venture capital firm, invests in technology companies solving significant challenges in national security and high-growth commercial enterprise markets. In addition to providing capital to accelerate the pace of innovation, Razor’s Edge offers direct and practical operational support informed by decades of collective experience in the national security sector. The Razor’s Edge team works tirelessly to identify disruptive technologies and capabilities that can solve critical mission needs and deliver them to government and commercial customers who need them. For more information, visit