Business
Pryzm Raises $12M Led by Andreessen Horowitz to Transform Federal Procurement with AI
Pryzm today announced 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 raise advances Pryzm's mission to modernize how the federal government discovers, evaluates, and acquires emerging technology, while giving industry a clearer, faster path to identify opportunities, shape demand and compete on capability.
About this update from Lockheed Martin Corporation
[{"type":"text","content":"The company's AI procurement operating system bridges government and industry, accelerating how America builds and buys the technologies that power national security.","length":170,"tagName":"p","attribs":{}},{"type":"text","content":"ARLINGTON, Va., Dec. 9, 2025 /PRNewswire/ -- Pryzm today announced 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 raise advances Pryzm's mission to modernize how the federal government discovers, evaluates, and acquires emerging technology, while giving industry a clearer, faster path to identify opportunities, shape demand and compete on capability.","length":513,"tagName":"p"},{"type":"image","alt":"Pryzm Logo (PRNewsfoto/Pryzm Dynamics Inc.)","displaySize":"","headline":null,"caption":"Pryzm Logo (PRNewsfoto/Pryzm Dynamics Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/00946a160f6d16a18faed052879450ec"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MkfiTcKplg.t7iVvF94Hyw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/00946a160f6d16a18faed052879450ec","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2491270/Pryzm_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Built by alumni of Palantir and Lockheed Martin, Pryzm connects government and industry on a shared AI-powered platform that helps defense and civilian agencies move faster from concept to contract.","length":198,"tagName":"p"},{"type":"text","content":""The future of national defense depends on how fast we can get the right technology into the right hands," said Nick LaRovere, Co-Founder and CEO of Pryzm. "Procurement shouldn't be a barrier to innovation. It should be the spark that drives it. With this round led by a16z, we're accelerating a new era of speed, adaptability, and technological advantage for national security."","length":407,"tagName":"p"},{"type":"text","content":"Reclaiming America's Innovation Advantage","length":45,"tagName":"p"},{"type":"text","content":"For decades, America's military has served as a bastion of innovation, fueling ...