Istari Digital
Summary active Updated Aug 30, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
Istari Digital is an Arlington, Virginia-based defense software company building digital engineering infrastructure — a “working data layer” that lets defense contractors and government engineers share live engineering models across security boundaries without handing over the underlying files 12. The company was co-founded in 2022 by former Air Force acquisition chief Will Roper 13. On 2026-07-27, Washington Business Journal reported that Istari had raised $22.6 million toward a $40 million Series B goal, disclosed via a July 24 Form D SEC filing, bringing total capital to approximately $62.7 million 123. The company’s biggest current proof point is Industry Øne, a shared digital engineering program connecting Lockheed Martin, Northrop Grumman, and 13 other organizations, backed by an $8.6 million Air Force contract announced in May 2026 14.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-27 | Series B (partial close) | $22.6M | — | — 12 |
| 2025-01-10 | Series A | $27.05M | — | — 3 |
What Investors Say
What Founders Say
Sources
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Startup Fortune, “Istari Digital raises $22.6M in Series B as defense software bets on Pentagon contracts over hype,” July 2026. Accessed August 2026. https://startupfortune.com/istari-digital-raises-226m-in-series-b-as-defense-software-bets-on-pentagon-contracts-over-hype/↩↩↩↩↩
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Dealroom, “Istari Digital raises $22.6M toward $40M goal, secures millions in Air Force contracts,” July 2026. Accessed August 2026. https://app.dealroom.co/news/feed/istari-digital-raises-22-6m-toward-40m-goal-secures-millions-in-air-force-contracts↩↩↩
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FormDS.com, “Istari Digital, Inc. — fund raising filings (7/24/26 and 1/10/25),” accessed August 2026. https://www.formds.com/issuers/istari-digital-inc↩↩↩
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PR Newswire, “Department of the Air Force Awards $8.6M to Istari Digital for Industry Øne,” May 20, 2026. Accessed August 2026. https://www.prnewswire.com/news-releases/department-of-the-air-force-awards-8-6m-to-istari-digital-for-industry-one-302699688.html↩