Vannevar

225 Total Employees
Year Founded: 2019

Vannevar Company Growth, Stability & Outlook

What People Are Saying About Vannevar

  • Strong Revenue Growth: Reported revenue rose from ~$11M (2022) to ~$25M (2023) and ~$33.3M (2024), with some sources citing a run-rate near ~$80M by late 2024. Feedback suggests bookings and deployments have expanded alongside top‑line growth.
  • Profitability: The company is described as profitable for multiple consecutive years, unusual for an early-stage defense software firm. This profitability is repeatedly referenced alongside rising ACV and revenue since 2022.
  • Market Expansion: A DIU production contract up to $99M (with $16M initially obligated) and Marine Corps operational use indicate scaling beyond pilots into broader field deployment. Company materials also cite 125+ U.S. national‑security deployments and new regional footprints in Europe and the Indo‑Pacific.