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- Quartermaster AI
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
About Quartermaster AI
Quartermaster AI is a defense technology company developing real-time distributed marine software through AI robot technology.
Founded
2023
HQ
Website
Status
Privately held
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2026 | Series B | Insight Partners (lead); First Round Capital; BoxGroup; Overmatch Ventures; Quiet Capital; TMV | $100M | Insight 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 2026 | Series A | First Round Capital (lead); Quiet Capital (lead); Steel Atlas; David J. Adelman; BoxGroup; Shorewind Capital; Operator Partners; TMV | $43M | Quartermaster 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | May 2026 | ||
| 2 | Participant | May 2026 | ||
| 2 | Lead | May 2026 | ||
| -- | 2 | Participant | May 2026 | |
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | May 2026 | ||
This data is available for Pro users. Sign up to see all 10 Quartermaster AI investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialQuartermaster AI Competitors
Quartermaster AI competitors include listed companies like Palantir, GE Aerospace, RTX and Airbus, and private ones like Anduril and Shield AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.5B | $1.5B | $386B | 47.6x | ||
| Publicly listed | $46B | $11B | $335B | 7.0x | ||
| Publicly listed | $89B | $15B | $256B | 3.0x | ||
| Publicly listed | $82B | $11B | $174B | 1.9x | ||
| Private | $2.2B | - | $61B | 27.7x | ||
| Private | $300M | - | $29B | 96.0x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 84.1x | 47.6x | 258.7x | 77.6x | |||
| $46B | $11B | 7.5x | 7.0x | 31.1x | 29.0x | |||
| $89B | $15B | 3.2x | 3.0x | 19.3x | 18.3x | |||
| $82B | $11B | 2.1x | 1.9x | 16.1x | 14.4x | |||
| $28B | $11B | 4.8x | 4.4x | 12.9x | 18.6x | |||
| $89B | $7.4B | 1.8x | 1.7x | 22.1x | 42.5x | |||
| $75B | $8.7B | 1.9x | 1.8x | 16.7x | 13.2x | |||
| $53B | $6.3B | 1.9x | 1.8x | 15.8x | 14.6x | |||
This data is available for Pro users. Sign up to see all Quartermaster AI competitors and their valuation data. Start Free Trial | ||||||||
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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