Deal Details

Capitol Meridian Makes Strategic Growth Investment in Parry Labs

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Summary

About

Parry Labs, a leading defense technology company, develops next generation open architecture mission solutions. The Company delivers advanced edge capabilities to the warfighter – including command and control, mission enabling software, interoperability, and advanced AI computing. The Company’s open architecture software stack, Stratia, serves as the digital backbone of its edge compute solutions and electronic warfare applications. Parry Labs is headquartered in Alexandria, Virginia.

Capitol Meridian’s investment in Parry Labs illustrates the following themes in Defense & Government technology investment: (1) significant inflows of growth equity in the DefenseTech sector; (2) accelerating innovation of warfighting capabilities; (3) prioritization of companies advancing tactical edge computing and electronic warfare solutions for national security missions.

Formed in 2021, Capitol Meridian invests at the nexus of commercial and government markets, targeting opportunities where the firm can invest and drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 27+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity. Capitol Meridian is headquartered in Washington, D.C.

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