Seed
Stage at our first check
2021
Year we invested
Seattle
Headquarters
Acquired in 2025
Team today
What they do
Founded by Tara Ellison and Victor Nascimento.
Bastion gave every service, job, and workload a verifiable identity, which made it possible to retire long-lived credentials. Secrets that never exist cannot be leaked.
The company was acquired in 2025 by a public security company, four years after our first check.
Why we invested
Tara was the person other security engineers called when they had a hard problem, and she had been quietly solving this one for a decade. We were the first check and the round took six days.
Ines Carvalho, General Partner
Timeline
How it has gone so far.
First check at seed.
Adopted by two of the largest US retailers.
Acquired by a public security company.
More of the portfolio
Companies we backed at the same stage.
Elsewhere in the portfolio.
Next step
Building something like Bastion?
We write first checks at pre-seed and seed, and we answer within two business days.