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Status
ACTIVE
Global HQ
Tysons, United States
Countries of investment
  • United States
  • Israel
  • United Kingdom
Investment stages
  • Seed
  • Series A
Industries
  • Cybersecurity
About
Merlin Ventures is a venture capital firm dedicated to investing in and scaling innovative cybersecurity companies. They partner with founders from seed to growth stages, providing capital and strategic support to help them succeed. The firm leverages its deep industry connections and expertise to accelerate the growth of its portfolio companies.
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$250K
Max check size
$5M
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NPS

Investment Thesis

Merlin Ventures is a cybersecurity-focused venture capital firm that invests from seed to growth stages in visionary founders building next-generation security solutions. The firm acts as a 'force multiplier' for its portfolio companies by providing not just capital, but also deep domain expertise and go-to-market resources. Their unique value proposition includes leveraging extensive government and commercial relationships, along with a dedicated Federal Advisory Board, to accelerate growth and market penetration.
Lead investor
Co Invest
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Manager's Experience

The managing partners, Seth Spergel and Marlie Andersch, each bring over 20 years of experience in venture capital and technology with a deep focus on cybersecurity. Their backgrounds include significant investment roles at prominent firms such as In-Q-Tel and Paladin Capital Group, specializing in enterprise software and security. This venture expertise is combined with the operational and go-to-market experience of the broader Merlin Cyber leadership team, which has a 25-year history in the U.S. Public Sector.

Merlin Ventures Contacts Information

Primary contact

Team

Seth Spergel - Managing Partner

Shay Michel - Managing Partner

Marlon D. Williams - Managing Director

Jake Loo - Principal

Andrew Smeallie - Principal

Ryan Ballow - Vice President

Portfolio

Axonius

BitSight

CyCognito

Deep Instinct

ReversingLabs

Sepio

Talon

Uptycs

Votiro

Enveil

Hadrian

Legit Security

Metabase Q

Oort

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