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Smack secures $61 million in a Series B funding round as military branches seek to diversify AI vendors, driven by recent Pentagon pressures.
PRIVATEAug 18, 2026•about 6 hours ago
Amount Raised
$61 Million
Round Type
Series B
Information TechnologyArtificial IntelligenceMachine Learning
Description
Smack has raised $61 million in a Series B funding round. This funding comes as the Defense Department identified Anthropic as a supply-chain risk, prompting military branches to look for alternative AI vendors. The increased demand has positioned startups like Smack as valuable assets in the AI sector. The investment will help Smack further develop its technology and expand its market reach.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech