Invisible Technologies has closed $100 million in growth funding led by Vanara Capital, a new investment firm founded by former TPG executives. The round brings the AI software company's total funding to $144 million and represents Vanara's first public investment announcement.
The funding round attracted significant interest from both new and existing investors. Princeville Capital, HOF Capital, Freestyle VC, Rocketeer Management, and Tallwoods Capital joined Vanara as new participants. Previous backers Acrew Capital, Greycroft, Backed VC, BY Ventures, and Deepwater Asset Management also contributed to the round.
The timing reflects growing demand for practical AI solutions in large organizations. Most enterprises struggle to move AI models from testing phases into actual production environments, despite substantial investments in the technology.
"I have spent the last decade experiencing both the promises and limitations of enterprise AI, driven by the fact that 70% of the software in the world is over 20 years old," said Matthew Fitzpatrick, CEO of Invisible Technologies. "Despite the recent excitement, most enterprises are still struggling to get AI models into production and to quantify ROI. Invisible changes that. Our software platform, combined with our expert marketplace, enables companies to organize, clean, label, and map their data. This foundation enables them to build agentic workflows that drive real impact. In a landscape flooded with point solutions, we're delivering the infrastructure enterprises need to unlock the value of AI."
The new capital will fund continued development of Invisible's core AI Software Platform. The company has built five interconnected components that handle different aspects of enterprise AI deployment: Neuron for data infrastructure, Atomic for workflow mapping, an Expert Marketplace for human expertise, Synapse for performance evaluation, and Axon for task automation.
Beyond product development, Invisible plans to expand its geographic presence and strengthen its technical team. The company has already opened offices in New York, San Francisco, Washington D.C., and London while doubling its engineering organization in 2025.
Invisible's financial performance has been remarkable. Revenue more than doubled from 2023 to 2024, reaching $134 million. This followed a 24-fold increase between 2020 and 2023, earning the company the No. 2 spot on the 2024 Inc. 5000 list of fastest-growing AI companies.
The company underwent significant changes when Fitzpatrick joined as CEO in January. Previously, he served as Global Head of QuantumBlack Labs, McKinsey's AI development hub, where he managed over 1,000 engineers and product specialists.
Invisible has also strengthened its leadership team with several key appointments. Kit Colbert, former CTO of VMware, joined as Platform CTO. Benjamin Samuels, former CRO of WeWork, took on the role of GM for EMEA expansion. Sharon Woods joined as SVP of Enterprise Accounts, bringing experience from the White House, Pentagon, and defense agencies.
The platform already serves major organizations including Microsoft, Swiss Gear, Science Applications International Corporation (SAIC), and the NBA's Charlotte Hornets. These partnerships demonstrate how Invisible bridges the gap between AI potential and practical implementation.
"Invisible's computer vision models provided high-quality data that played a key role in validating our 2025 draft analysis," said Patrick Harrel, VP of Basketball Insights & Analysis with the Charlotte Hornets. "The insights we gained proved incredibly valuable to our decision-making and we are excited to continue to work together."
In retail, Invisible helped Swiss Gear organize and unify its data systems, improving demand forecasting and supply chain visibility. The company also supported SAIC and Vatn Systems in a U.S. Navy exercise testing autonomous decision-making for underwater vehicles.
Vanara Managing Partner Hayden Lekacz will join Invisible's Board of Directors alongside an experienced group of advisors. The board includes Chairman and Founder Francis Pedraza, Charlie Songhurst (who also serves on Meta's Board), Doug Clinton from Deepwater Asset Management, John Lee from Jazz Venture Partners, and Robyn Scott from Apolitical.
"Invisible is optimizing the adoption of enterprise AI at scale, building the foundational layer of the AI ecosystem that enterprises need, but few have figured out," said Hayden Lekacz and Neil Kamath, Co-Founders and Managing Partners at Vanara. "As one of Vanara's initial investments, Invisible represents the type of technology disruptors we are looking to support and empower. We are excited to partner with the team to continue to scale solutions that make AI work – modernizing workflows while pushing the boundaries of what is possible for enterprise technology."
The company's approach combines software automation with human expertise, a strategy that has proven effective with AI model builders. "We built Invisible quietly and profitably for years because we believe deeply in the combined power of technology and human intelligence. Making AI work requires both," said Francis Pedraza, Co-Founder and Chairman of the Board. "The technology and operations we've developed training LLMs for model builders will be the same tools required to make AI work in the enterprise."
