How Pryzm is Transforming Federal Procurement with AI

Pryzm, the AI command center for federal business development growth and accelerated acquisitions, led by Nick LaRovere, David Istrati, Justin Deckert, Matt Hawkins, Joe Lace, and Bronwyn Davies, has secured a $12.2 million seed funding round led by Andreessen Horowitz’s (a16z) American Dynamism fund, with participation from existing investors XYZ Venture Capital, Amplify.LA, and Forum Ventures. 

The funding accelerates Pryzm’s mission to modernize federal technology acquisition, streamlining how emerging solutions are discovered, evaluated, and procured, while providing the industry a faster, clearer path to showcase capabilities and compete effectively.

Founded by Palantir and Lockheed Martin alumni, Pryzm connects government and industry via an AI-powered platform, enabling defense and civilian agencies to move rapidly from concept to contract.

Nick LaRovere, Co-Founder and CEO, said: “The future of national defense depends on quickly getting the right technology into the right hands. Procurement shouldn’t hinder innovation, it should drive it. This round, led by a16z, accelerates a new era of speed, adaptability, and technological advantage for national security.”

For decades, the U.S. military has driven transformative innovation, producing technologies from the internet and GPS to compilers and duct tape.

Recently, bureaucratic hurdles, paperwork, silos, and opaque processes have slowed the deployment of advanced technology, widening the gap between what’s possible and what can be fielded.

This is changing. In a November 7, 2025 address, Secretary of War Hegseth outlined reforms to Pentagon acquisitions: “We will foster competition, embrace modularity, and pursue multi-source procurements at every opportunity, moving fast to contract, test, scale, and deploy when a solution is clear.” Speed is now the priority.

Pryzm has been preparing for this shift, supporting programs and innovators including Forterra, Vannevar Labs, HII, and the Defense Innovation Unit (DIU). Its platform provides the digital infrastructure to make federal acquisition faster, more open, and more competitive, closing the gap between innovation and deployment.

“Pryzm is building the connective tissue between America’s innovation base and its mission buyers,” said David Ulevitch, General Partner at Andreessen Horowitz. “Their platform will redefine how the government collaborates with private industry to strengthen technological advantage.”

Translating reforms into real impact requires more than policy; it demands systems, data, and tools built for the speed modern defense requires. Pryzm addresses this need.

While the U.S. government spends over $900 billion annually on defense, much of the process still relies on outdated, fragmented systems. Pryzm unifies acquisition teams and private-sector innovators on an AI-driven platform that provides a complete view of market intelligence, budgets, and program activity.

“Pryzm isn’t just speeding up procurement. They’re becoming the operating system the entire defense ecosystem runs on,” said Ross Fubini, Founder & Managing Partner, XYZ. “It’s rare to see a company define a category this quickly in a space as complex as federal acquisition.”

For the industry, Pryzm delivers real-time insights to identify opportunities, align with funding priorities, and engage the right stakeholders. For the government, it creates a digital thread across every defense dollar, streamlining decisions and accelerating acquisition timelines. The result: top-capability companies can compete effectively, while agencies deploy mission-critical technologies where they’re needed most.

Pryzm’s approach is delivering measurable impact and positioning the company for an ambitious 2026 and beyond. Over the past year, the company has:

• Built a first-of-its-kind AI platform that fuses public and internal data into a targeted digital thread.

• Achieved IL5 and FedRAMP High authorizations, enabling secure connection of sensitive mission and procurement data for end-to-end automation.

• Been selected by the DIU for its Enterprise Workflow and Reporting Platform (eWARP), powering AI-driven program, budget, and contract management.

• Supported leading government contractors, including Forterra, HII, Vannevar Labs, and REGENT Craft, in capture and acquisition efforts.

• Expanded operations with a new Arlington, VA office and growth at its Boston, MA headquarters.

• 
  

With this new funding, Pryzm is set to scale its impact across government and industry. Plans include expanding the customer base, deepening deployments with existing partners, and enhancing the AI platform with next-generation capabilities. The company will strengthen federal compliance with additional certifications, while growing engineering and go-to-market teams across Washington, D.C., Boston, and New York.

By connecting innovation to real-world deployment, Pryzm is making faster, more open, and more competitive federal procurement a reality, reinforcing America’s leadership and technological edge globally.