Valinor Enterprises
US defense holding company centralizing back-office infrastructure for decentralized product companies.
Valinor Enterprises operates as a holding company for defense tech — centralizing business development, procurement, compliance, and government affairs infrastructure while running decentralized, engineering-focused 'Product Companies' (Harbor - mobile medical system; Reflex - smart optics; Dispatch - charging node for unmanned systems; Streamline - secure data ingestion; Condor - attritable UAS). Founded in 2024 and led by CEO Julie Bush (previously in Palantir's government business), with co-founders/backers Trae Stephens (Founders Fund), Paul Kwan (General Catalyst), and Grant Verstandig (Red Cell Partners); headquartered in Washington, D.C. Raised a $54M Series A (Jan 2026, led by Friends & Family Capital) bringing total funding to over $85M, with continuing investors General Catalyst, Founders Fund, and Red Cell Partners plus new investors Narya, XYZ Venture Capital, and Fifth Down Capital.
Overview
- Headquarters
- Washington, DC, United States
- Founded
- 2024
- Employees
- Total funding
- $85M
- Stage
- Series A
- Status
- active
- Domains
- Defense operating infrastructure, Procurement and compliance software, Portfolio product incubation
- Website
- www.valinor.co
Founders4
- FounderJulie BushCo-founder and CEO of Valinor Enterprises since July 2024. Spent more than a decade at Palantir Technologies, most recently as Senior Vice President of Federal & Strategic, where she helped build its government business; previously Legislative Counsel for the U.S. House of Representatives. J.D., Elon University School of Law.
- FounderPaul KwanCo-founder of Valinor Enterprises and Managing Director of General Catalyst's Global Resilience team. Axios (Oct 2025) describes him, alongside Trae Stephens and Grant Verstandig, as a founding partner of the company.
- FounderTrae StephensCo-Founder & Executive Chairman of Anduril Industries; Founders Fund partner.
- FounderGrant VerstandigCo-founder of Epirus and founder of Red Cell Partners.
Investors7
- FundFriends & Family CapitalInvestment firm founded by Colin Anderson (ex-Palantir CFO) and John Fogelsong; led Valinor Enterprises' $54M Series A (January 2026).
- FundGeneral CatalystGlobal VC with dedicated defense and national security practice.
- FundFounders FundMulti-stage VC known for early bets on SpaceX, Palantir, and Anduril.
- FundRed Cell PartnersInvestment firm founded by Grant Verstandig that builds and scales defense and health-tech companies; a continuing investor in Valinor Enterprises' $54M Series A (January 2026), and Verstandig is a Valinor founding partner.
- FundNaryaVenture capital firm; new investor in Valinor Enterprises' $54M Series A (January 2026).
- FundXYZ Venture CapitalEarly-stage VC firm with deep public-sector/defense expertise (~20 Palantir-alumni portfolio companies incl. Anduril); co-led Forterra's $75M Series B (Sept 2024) and continued in its $238M Series C (Nov 2025); also a new participant in Valinor Enterprises' $54M Series A (Jan 2026).
- FundFifth Down CapitalVenture capital firm; new investor in Valinor Enterprises' $54M Series A (January 2026).
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
| Preferred (Series A) | ~14.3% | |
| Preferred (Series A) | ~14.3% | |
| Preferred (Series A) | ~14.3% | |
| Preferred (Series A, Continuing) | ~14.3% | |
| Preferred (Series A, Continuing) | ~14.3% | |
| Preferred (Series A, Continuing) | ~14.3% | |
| Preferred (Series A, Lead) | ~14.3% |
Contracts0
No linked records yet.
Programs0
No linked records yet.
Frequently asked
- What does Valinor Enterprises do?
- Valinor Enterprises operates as a holding company for defense tech — centralizing business development, procurement, compliance, and government affairs infrastructure while running decentralized, engineering-focused 'Product Companies' (Harbor - mobile medical system; Reflex - smart optics; Dispatch - charging node for unmanned systems; Streamline - secure data ingestion; Condor - attritable UAS). Founded in 2024 and led by CEO Julie Bush (previously in Palantir's government business), with co-founders/backers Trae Stephens (Founders Fund), Paul Kwan (General Catalyst), and Grant Verstandig (Red Cell Partners); headquartered in Washington, D.C. Raised a $54M Series A (Jan 2026, led by Friends & Family Capital) bringing total funding to over $85M, with continuing investors General Catalyst, Founders Fund, and Red Cell Partners plus new investors Narya, XYZ Venture Capital, and Fifth Down Capital.
- Where is Valinor Enterprises headquartered?
- Valinor Enterprises is headquartered in Washington, DC, United States and was founded in 2024.
- How much funding has Valinor Enterprises raised?
- Valinor Enterprises has raised $85M in disclosed funding.
- What does Valinor Enterprises specialize in?
- Valinor Enterprises works across Defense operating infrastructure, Procurement and compliance software, Portfolio product incubation.
Sources & citations2
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Raised $54M Series A led by Friends & Family Capital, bringing total capital raised to over $85M, Jan 2026
PR Newswire: Valinor Enterprises: $85 Million Raised to Scale New Operating Model for DefenseVerified2026-01-08 - 2
Trae Stephens at Founders Fund, Paul Kwan at General Catalyst and Grant Verstandig at Red Cell Partners are considered founding partners of Valinor Enterprises
Axios: Exclusive: Valinor wants to build defense-tech 'picks and shovels'Verified2025-10-15