Istari is focused on digital engineering, using modeling and simulation to create, test, and certify technology. The company emerged from stealth with plans to revolutionize how technology is developed and certified through virtual modeling. Istari is based in Cambridge, MA and was founded by Will Roper, who launched the company in May 2022. Roper is described as a leader in digital transformation and Industry 4.0, having served as an Air Force assistant secretary and advised McKinsey & Co. The company announced a $13 million seed funding round from Eric Schmidt and other venture investors. The article does not disclose operating metrics.

Total raised

$13M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2023