
Portfolio
The ledger.
Twelve companies since 2016 — chronological, with Bulwark's position on each. A record of decisions, not a directory.

How we work
We keep a low profile. On purpose.
The people we invest in defend systems adversaries are actively trying to break — so the people investing in them shouldn't become a second attack surface. We'd rather be known by the companies we invest in than by the noise we make about ourselves.
The next line of defense
If you're building it, we want the first call.
We lead early, hold conviction, and stay through the rounds that matter.
For Founders