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Valuation

$575M

2024 Revenue

$33.3M(Est.)

Funding

$91.1M

Team

163

Founded

2019

Vannevar Labs Revenue, Valuation & Funding (2024)

Vannevar Labs is a defense technology company that combines government expertise with Silicon Valley engineering to address some of the most significant national security challenges. The company specializes in developing machine learning products targeted at solving critical national security problems.

Vannevar Labs operates as a technology startup focusing on defense and national security technologies.

Last updated

Vannevar Labs Revenue

In 2024, Vannevar Labs's revenue reached $33.3M. The company previously reported $25M in 2023. Since its launch in 2019, Vannevar Labs has shown consistent revenue growth.

Vannevar Labs Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$7.5M$15M$22.5M$30M$37.5M201920202021202220232024$0$11M$25M$33.3MSource: GetLatka.com
YearMilestoneSource
2024Vannevar Labs Hit $33.3m revenue in October 2024Estimated
2023Vannevar Labs Hit $25m revenue in December 2023
2022Vannevar Labs Hit $11m revenue in December 2022
2019Launched with $0 revenue

Vannevar Labs Valuation, Funding Rounds

Vannevar Labs reached a $575M valuation in 2023, set during its Series B round.

Vannevar Labs has raised $91.1M in total funding across 3 rounds, most recently a $75M Series B round in 2023.

Vannevar Labs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$125M$20M$250M$40M$375M$60M$500M$80M$625M$100M20192020202120222023$575MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2023Series B$75M$575M13%
2021Series A$12M--
2021None$4.1M--

Founders

Brett Granberg

CEO

Brett Granberg is listed as CEO at Vannevar Labs.

Nini Hamrick

Co-Founder, President

Nini Hamrick is listed as Co-Founder, President at Vannevar Labs.

Q&A

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Customers

We do not have customer count information for Vannevar Labs yet.

Vannevar Labs Employees & Team Size

Vannevar Labs employs approximately 163 people as of 2026, up from 96 in 2023.

Vannevar Labs Team GrowthReported headcount over time0408012016020020192020202120222023202400163163Source: GetLatka.com
YearMilestoneSource
2024Reached 163 employees (December 2024)
2024Reached 153 employees (October 2024)
2024Reached 111 employees (September 2024)
2023Reached 96 employees (December 2023)
2022Reached 48 employees (December 2022)
2021Reached 24 employees (December 2021)

Frequently Asked Questions about Vannevar Labs

What is Vannevar Labs's revenue?

Vannevar Labs generates an estimated $33.3M in annual revenue.

Who founded Vannevar Labs?

Vannevar Labs was founded by Nini Hamrick.

Who is the CEO of Vannevar Labs?

The CEO of Vannevar Labs is Brett Granberg.

How much funding does Vannevar Labs have?

Vannevar Labs raised $91.1M across 3 rounds.

How many employees does Vannevar Labs have?

Vannevar Labs has 163 employees.

Where is Vannevar Labs headquarters?

Vannevar Labs is headquartered in Palo Alto.

Compare Vannevar Labs to the industry

Vannevar Labs operates across multiple industries. Browse revenue, funding, and growth data for Vannevar Labs in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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