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Northslope, the first applied AI company purpose-built for the Palantir operating system, announced a $22 million Series A funding round to scale its Forward Deployed Engineering model and expand its Palantir-native AI application platform.
Northslope closed a $22 million Series A round following a breakout year that saw nearly 7x revenue growth and successful production deployments of mission-specific AI applications across multiple sectors. The funding will support scaling of its unique Forward Deployed Engineering model and further development of its Palantir-native platform, enabling enterprises to achieve differentiated outcomes without traditional custom software trade-offs.
Northslope argues that the era of one-size-fits-all enterprise software is ending. Leading organizations require AI solutions that amplify their unique strengths rather than force conformity to standardized platforms. By building directly on the Palantir operating system, Northslope provides connected AI application suites that offer the precision of bespoke development combined with the deployment speed, predictable cost structure, and ongoing maintainability of modern SaaS.
Applications already in production include tools that enable earlier cancer detection for healthcare providers, enhanced rocket building and flight operations for aerospace manufacturers, and greater renewable energy megawatt delivery for energy producers.
"World-changing organizations don't run on off-the-shelf software, they cannot afford to operate like everyone else," said Founder and CEO Bill Ward, a former Palantir Forward Deployed Engineer. "Northslope brings mission-specific software within reach for organizations ready to stop compromising. Our customers get to focus on what only they can do. We handle the rest."
The round was co-led by Friends & Family Capital, founded by former Palantir CFO Colin Anderson, and Goldcrest Capital, founded by Adam Ross, Palantir’s first independent board member. Additional investors included Fifth Down Capital, Leblon Capital, and a strong network of Palantir alumni, including a co-founder, director, and senior leaders from product and forward-deployed engineering teams.
“The enterprise technology stack of the AI age will be the Palantir operating system plus Northslope’s mission-specific applications. Northslope pioneers this category, with AI deployed in complex enterprise production environments to deliver meaningful customer outcomes today,” said Colin Anderson, Founding Partner of Friends & Family Capital and former CFO of Palantir.
"The next Palantir will be built on Palantir. Northslope is creating a new enterprise software category for the world's AI operating system,” said Adam Ross, Founding Partner of Goldcrest Capital and former Palantir board member. “For decades, organizations had to choose between expensive multi-year builds and generic SaaS that commoditized away their competitive advantage. We're watching Northslope's mission-specific AI applications deliver better outcomes for customers and replace two different trillion-dollar industries in the process."
The funding announcement follows Northslope’s designation as Palantir’s first and only Vanguard: Elite partner, honoring the company’s effective forward-deployed engineering approach and exceptional outcomes delivered on the Palantir platform.
“Northslope enables customers to win with Palantir AIP and dominate their industry,” said Ted Mabrey, Global Head of Commercial at Palantir Technologies. “We are extremely bullish on Northslope’s vision and execution, and are proud to serve the most critical institutions in the West together.”
About Northslope
Northslope is a software company that ships mission-specific AI applications on the Palantir operating system. The company’s purpose-built agentic software powers mission-critical business outcomes for customers across industries on Palantir AIP, Foundry, and Gotham. Founded and led by Palantir alumni, Northslope forward deploys with customers around the world and has hub offices in New York, London, and Denver. Learn more at northslope.com.
About Friends & Family Capital
Friends & Family Capital invests in entrepreneurs that transform big markets. The firm’s founding partners helped scale Palantir in the private markets as its longtime CFO and jointly backed over 25 Unicorn startups. The trusted partner for Founders and CFOs as they scale their finance function, Friends & Family Capital invests in business models that produce long-term and defensible compounding growth and cash flow powered by world-class software.
About Goldcrest Capital
Goldcrest Capital is an early-stage venture capital firm with $2.7 billion in assets under management. The firm’s investments include SpaceX, Peregrine, and Anduril. Goldcrest is headquartered in Dallas, Texas.
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