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Yurts Receives $40M Series B Funding Round

2024-12-03
SAN FRANCISCO, CA, Yurts, a leader in secure and trusted generative AI (GenAI) integration at scale for defense, government, and enterprise customers, announced today a $40 million Series B funding round.
The round was led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital. Yurts will use this funding to accelerate its growth and capabilities in leading an industry shift from experimental GenAI use to deep integration across mission-critical systems, unlocking real value within secure environments.

Yurts delivers secure, production-ready AI solutions designed to transform mission-critical workflows in defense, government, and enterprise environments. Founded by Ben Van Roo, Jason Schnitzer, and Guruprasad Raghavan, Yurts originated from a strategic collaboration with the Department of Defense. Its AI integration platform connects models to high-security systems of record, enabling organizations to unlock operational insights, enhance decision-making, and achieve unprecedented productivity.
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