Quartermaster AI Funding, Investors & Competitors

Quartermaster AI has raised $143M across 2 funding rounds, most recently a $100M Series B in September 2026.

Last Quartermaster AI funding round

$100M

Series B · Sep 2026

Cumulative funding Quartermaster AI raised

$143M

across 2 funding rounds

Key investors in Quartermaster AI

  • First Round Capital
  • BoxGroup
  • Quiet Capital
  • TMV
  • Insight Partners
  • Operator Partners
  • Overmatch Ventures
  • Shorewind Capital

Quartermaster AI Overview

About Quartermaster AI

Quartermaster AI is a defense technology company developing real-time distributed marine software through AI robot technology.


Founded

2023

HQ

United StatesWashington, VA

Status

Privately held

Quartermaster AI Funding History

Quartermaster AI has raised a total of $143M across 2 funding rounds.

Quartermaster AI's first fundraising round was a $43M Series A in May 2026. The most recent completed round was a $100M Series B in September 2026.

Quartermaster AI funding rounds

Quartermaster AI funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2026Series BInsight Partners (lead); First Round Capital; BoxGroup; Overmatch Ventures; Quiet Capital; TMV$100MInsight Partners led Quartermaster’s $100 million Series B in September 2026, with participation from Overmatch Ventures and returning investors including First Round Capital, Quiet Capital, TMV Logistics, and BoxGroup; the financing was paired with a $40 million debt facility from Stifel, bringing total new financing to $140 million. The round was announced on September 28, 2026 and was described as preempted by Insight Partners, with the capital intended to accelerate Quartermaster’s maritime intelligence platform and expand its real-time ocean data network. Quartermaster is an Arlington, Virginia-based maritime intelligence and sensor company that deploys SmartMast systems on working vessels to collect and transmit real-time data for shipping companies, governments, and insurers. The company said the system had been deployed on 650+ vessels across 25 countries with 800+ units shipped, following a $43 million Series A in May 2026 that supported product development and network expansion.
May 2026Series AFirst Round Capital (lead); Quiet Capital (lead); Steel Atlas; David J. Adelman; BoxGroup; Shorewind Capital; Operator Partners; TMV$43MQuartermaster raised $43 million in a Series A round co-led by First Round Capital and Quiet Capital, with BoxGroup participating alongside TMV Logistics, Shorewind Capital, Steel Atlas, Operator Partners, and angel investor David Adelman. The company said the financing will support expansion of its maritime awareness network and broader deployment of its AI-powered maritime sensing platform. Quartermaster is described as an Arlington, Virginia-based startup building what it calls the world’s largest maritime awareness network, using AI-powered sensors and distributed maritime intelligence to improve visibility at sea. The company’s system is centered on SmartMast technology and is positioned as infrastructure for real-time ocean awareness and maritime security applications. No revenue, EBITDA, or valuation was disclosed, and the round structure is identified as a Series A equity financing.

Who has invested in Quartermaster AI?

10 investors have backed Quartermaster AI across its funding rounds, including First Round Capital, BoxGroup, Quiet Capital, TMV, Insight Partners and Operator Partners.

Lead investors include Insight Partners, First Round Capital and Quiet Capital.


Quartermaster AI Investors

Investors in Quartermaster AI by funding rounds participated
InvestorHQRoundsRoleFirst check
First Round CapitalUnited StatesPhiladelphia, PA2LeadMay 2026
BoxGroupUnited StatesNew York City, NY2ParticipantMay 2026
Quiet CapitalUnited StatesSan Francisco, CA2LeadMay 2026
TMV--2ParticipantMay 2026
Steel AtlasUnited StatesNew York City, NY1ParticipantMay 2026
David J. AdelmanUnited StatesPhiladelphia, PA1ParticipantMay 2026
Overmatch VenturesUnited StatesAustin, TX1ParticipantSep 2026
Shorewind CapitalUnited StatesSan Francisco, CA1ParticipantMay 2026

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Quartermaster AI Competitors

Quartermaster AI competitors include listed companies like Palantir, GE Aerospace, RTX and Airbus, and private ones like Anduril and Shield AI.

Public and private companies comparable to Quartermaster AI
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PalantirUnited StatesUnited StatesPublicly listed$4.5B$1.5B$386B47.6x
GE AerospaceUnited StatesUnited StatesPublicly listed$46B$11B$335B7.0x
RTXUnited StatesUnited StatesPublicly listed$89B$15B$256B3.0x
AirbusFranceFrancePublicly listed$82B$11B$174B1.9x
AndurilUnited StatesLos Angeles, CAPrivate$2.2B-$61B27.7x
Shield AIUnited StatesSan Diego, CAPrivate$300M-$29B96.0x

Quartermaster AI Public Comps

Quartermaster AI is still privately-owned, but its public comps include Palantir, GE Aerospace, RTX, Airbus, Rolls-Royce, Boeing, Lockheed Martin, General Dynamics, Howmet Aerospace and Northrop Grumman.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B84.1x47.6x258.7x77.6x
GE Aerospace$46B$11B7.5x7.0x31.1x29.0x
RTX$89B$15B3.2x3.0x19.3x18.3x
Airbus$82B$11B2.1x1.9x16.1x14.4x
Rolls-Royce$28B$11B4.8x4.4x12.9x18.6x
Boeing$89B$7.4B1.8x1.7x22.1x42.5x
Lockheed Martin$75B$8.7B1.9x1.8x16.7x13.2x
General Dynamics$53B$6.3B1.9x1.8x15.8x14.6x

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Common questions about Quartermaster AI

When was Quartermaster AI founded?Quartermaster AI was founded in 2023.
Where is Quartermaster AI headquartered?Quartermaster AI is headquartered in Washington, VA, United States.
Is Quartermaster AI publicly listed?No, Quartermaster AI is a private, VC-backed company.
How much funding has Quartermaster AI raised?Quartermaster AI has raised $143M across 2 funding rounds.
What was Quartermaster AI's last funding round?Quartermaster AI's last funding round was a $100M Series B in September 2026, led by Insight Partners.
Who are Quartermaster AI's investors?Quartermaster AI's investors include First Round Capital, BoxGroup, Quiet Capital, TMV, Steel Atlas, David J. Adelman, Overmatch Ventures, Shorewind Capital, Insight Partners and Operator Partners.
Which companies are comparable to Quartermaster AI?Companies comparable to Quartermaster AI include Palantir, GE Aerospace, RTX, Airbus, Anduril and Shield AI.

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