Second Front Systems is a defense technology company which offers a secure cloud-based platform to defense agencies and contractors. This company was founded by Peter Dixon, Mark Butler, Nate Hughes, and Patrick Ryan in 2014 and is headquartered in Wilmington, DE. Second Front’s platform, Game Warden, is designed to accelerate the deployment of software and AI tools to the U.S. Department of Defense. The company seeks to bridge the gap between Silicon Valley innovation and national security, with the goal of enabling rapid adoption of advanced technologies in defense environments.

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Will Second Front Systems go IPO?

Second Front Systems has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Second Front Systems’ IPO price?

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When was Second Front Systems founded?

Second Front Systems was founded in 2014.

What is Second Front Systems funding to date?

Second Front Systems has raised $150.26MM to date.

Who are Second Front Systems’s major investors?

Battery Ventures
Moore Strategic Ventures
Abstract Ventures
Artis Ventures
Gula Tech Adventures
Nea
Salesforce Ventures
Aei Horizonx
Gaingels
Pallas Ventures
Kleiner Perkins
8vc

Second Front Systems Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/12/2024 Series C $70MM $xx.xx $752.41MM Salesforce Ventures, Battery Ventures, NEA, Moore Strategic Ventures, ARTIS Ventures
Price per Share
$xx.xx
Shares Outstanding
2,020,570
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Salesforce Ventures, Battery Ventures, NEA, Moore Strategic Ventures, ARTIS Ventures
11/28/2023 Series B $40MM $xx.xx $282.82MM NEA, Moore Strategic Ventures, AEI HorizonX
Price per Share
$xx.xx
Shares Outstanding
2,758,004
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NEA, Moore Strategic Ventures, AEI HorizonX
12/07/2022 Series A-1 $9.91MM $xx.xx $99.32MM Moore Strategic Ventures, AEI HorizonX, ARTIS Ventures, 8VC, Gula Tech Adventures, Abstract Ventures, Pallas Ventures, Gaingels, Kleiner Perkins
Price per Share
$xx.xx
Shares Outstanding
1,931,202
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Moore Strategic Ventures, AEI HorizonX, ARTIS Ventures, 8VC, Gula Tech Adventures, Abstract Ventures, Pallas Ventures, Gaingels, Kleiner Perkins
12/07/2022 Series A $22.13MM $xx.xx $99.32MM Moore Strategic Ventures, AEI HorizonX, ARTIS Ventures, 8VC, Gula Tech Adventures, Abstract Ventures, Pallas Ventures, Gaingels, Kleiner Perkins
Price per Share
$xx.xx
Shares Outstanding
3,452,180
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Moore Strategic Ventures, AEI HorizonX, ARTIS Ventures, 8VC, Gula Tech Adventures, Abstract Ventures, Pallas Ventures, Gaingels, Kleiner Perkins
01/28/2021 Series Seed-2 $2.13MM $xx.xx $39.88MM Pallas Ventures, ARTIS Ventures
Price per Share
$xx.xx
Shares Outstanding
420,343
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Pallas Ventures, ARTIS Ventures
07/07/2020 Series Seed-1 $75,045 $xx.xx $33.93MM ARTIS Ventures, 8VC, Gula Tech Adventures
Price per Share
$xx.xx
Shares Outstanding
218,982
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ARTIS Ventures, 8VC, Gula Tech Adventures
07/07/2020 Series Seed $6.02MM $xx.xx $33.93MM ARTIS Ventures, 8VC, Gula Tech Adventures
Price per Share
$xx.xx
Shares Outstanding
1,724,483
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ARTIS Ventures, 8VC, Gula Tech Adventures
Updated on: Nov 17, 2024

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