Baltimore · Pre-Seed–Growth · 10 people tracked
Also known as SQUADRA MANAGEMENT, LLC
Investment thesis
Squadra applies a growth-stage mindset at the seed stage, aiming to help founders make their earliest critical decisions. Beyond writing checks, the firm commits significant resources to build a growth engine for startups, developing joint strategic plans that increase company value and impact. Leveraging its base in Baltimore and Washington, DC, Squadra draws on strong ties to government and commercial decision makers in the national security and cyber operations space. The team works on operational efficiency, enterprise readiness, and go-to-market execution, helping companies position for future funding rounds and exit while building technologies that support America's national security mission.
Source: firm website, verified Aug 25, 2026.
Team · 10 people
from the firm's website & public directories
What they invest in
from 25 of 43 portfolio companiesSaaS ×8AI & Machine Learning ×7Cybersecurity ×7Defense Tech ×7Enterprise Software ×7Deep Tech ×4Hardware ×4Developer Tools ×3
HQs:United States×22Canada×1
Investments · 43 tracked
founders shown can be your intro pathBy year:2026 · 42025 · 42024 · 12023 · 22022 · 12020 · 12019 · 114 dated
Quill (operated by Flowlie Technologies) provides a managed back-office function that unifies finance, HR, compliance, capital planning, and board preparation for startup founders.
Enterprise SoftwareFintechFuture of WorkHR TechSaaS
Kaben Clauson(Co-Founder & CEO)Ian Cohen(Co-Founder & CEO)Rick Gordon(Co-Founder & CEO)Adam Stepanovic(Co-Founder & CEO)Philip Odelfelt(Co-Founder & CEO)Vlad Cazacu(Founder)in
Co-investorsBaseLayer VenturesBright Pixel CapitalEPIC VENTURESGeek VenturesGlasswing VenturesSage Venture Partners+4 more
New York, US
Adam B. T. Gluck(Executive Officer, Director)
BoardDayna Grayson(Director)inTyler Rowe(Director)Bilal Zuberi(Director)in
Board seatGuy Filippelli· per SEC Form D · $2.2M raise · filed Jun 2026
Co-investorsConstruct CapitalLux Capital
Datalogz provides a governance and cost-optimization platform for business intelligence stacks, mapping every dashboard, dataset, owner, definition, lineage, and usage signal to identify duplicate reports, unused licenses, and wasteful refreshes.
AI & Machine LearningData & InfrastructureSaaSQueens, US
Logan Havern(Executive Officer, Director)
Board seatGuy Filippelli· per SEC Form D
Co-investorsGreatPoint VenturesDefined VCGraphene VenturesMana VenturesTrajectory Ventures
Endolith develops biological intelligence technology for mineral recovery, using microbiology and AI to extract critical minerals sustainably.
AI & Machine LearningBiotechCleantechEnergyNew MaterialsWestminster, US
Dr. Liz Dennett(Founder and CEO)inElizabeth Percak-Dennett(Executive Officer, Director)
BoardGuy Vidra(Director)inShomik Dutta(Director)inMojtaba Karimi(Director)
Board seatDan Madden· per SEC Form D · $16.8M raise · filed Nov 2025
Co-investorsBascom VenturesCollaborative FundDraper AssociatesFounders FactoryFounders Factory NYNucleus Capital+1 more
Reston, US
Pat Wilkison(Executive Officer, Director)Elad M Yoran(Executive Officer, Director)
Board seatGuy Filippelli· per SEC Form D · $30M raise · filed Mar 2025
NetRise offers a cloud-based platform for software supply chain security that analyzes compiled code to build a software asset inventory and identify risks in the firmware and software components running on enterprise systems.
CybersecurityEnterprise SoftwareIoTSaaSAustin, US
Thomas Pace(Co-Founder & CEO)inStuart McClure(Director)in
Board seatGuy Filippelli· per SEC Form D
Co-investorsDnx Ventures
Baltimore, US
Gideon Taub(Executive Officer, Director)Daniel Gardner(Director)
Board seatGuy Filippelli· per SEC Form D · $1.8M raise · filed Nov 2019
Clifton, US
Board seatGuy Filippelli· per SEC Form D · $15.9M raise · filed Sep 2025
Fitchburg, US
HENRY HELGESON(MANAGER)PAUL TOCCI(MANAGER)
Board seatGuy Filippelli· per SEC Form D · $3M raise · filed Jul 2020
Airbase was a spend management platform that has been acquired by Paylocity.
Enterprise SoftwareFintech
Thejo Kote(Founder & CEO)in
Co-investorsAngel Collective Opportunity FundBoxGroupFjor FoundersGaruda VenturesMenlo VenturesVillage Global+3 more
Airbase develops intelligence and data products for aerospace, defense, and related sectors, built by technical operators with backgrounds in satellite imaging, orbital missions, and deep tech.
Deep TechDefense TechGovTechSaaSSpace TechNew York, US
Ari Rosner(CEO)inMillen Anand(CTO)in
Co-investorsAndreessen HorowitzAtas VCAkkadian VenturesGoldman SachsMenlo Ventures
A form builder that generates forms from an Attio CRM workspace schema, with submissions writing directly back to the CRM to create or update records and list entries.
Developer ToolsSaaSSales Tech
CareAdvisors builds Social Care Automation technology that connects patients to social service benefits and automates enrollment into government programs such as Medicaid, SNAP, and cash assistance.
AI & Machine LearningDigital HealthHealthtechChicago, US
Chris Grace(Co-founder & CEO)
Co-investorsFirst Leaf Capital
Colorado-based defense-tech startup building ground sensors and data-fusion software to identify and characterize orbital objects.
Colorado Springs, US
Daniel Brunski(Executive Officer, Director)Thomas Nichols(Executive Officer, Director)
Co-investorsScout VenturesScout VenturesAlumni VenturesIndustrious Ventures
Luma provides a platform for creating event pages, sending invitations, and selling tickets for events.
SaaS
Victor Pontis(Founder)in
Co-investorsAllen Institute for AI (AI2) IncubatorAmplify PartnersBerkley Center for EntrepreneurshipBethnal Green VenturesCedar CapitalEIT Urban Mobility Accelerator+13 more
Falcomm is a fabless semiconductor company that designs RF power amplifiers, including its Dual-Drive power amplifier technology, aimed at higher output power, wider bandwidth, and lower heat for mmWave applications.
Deep TechHardwareSemiconductorsAtlanta, US
Edgar Garay(Founder & CEO)Isabella Tobon(Director)Justin Hovey(Executive Officer)
BoardDom Ventimiglia(Director)Dan Madden(Director)in
Co-investorsBanyan VenturesCambium CapitalDraper CygnusInvariantes FundZEA
Instant Teams builds and manages onshore and remote customer and employee experience teams sourced from military spouses and similar talent pools.
Enterprise SoftwareFuture of WorkHR Tech
Liza Rodewald(Founder)in
Co-investorsBlueTree Venture CapitalFrontier Venture CapitalThe Veteran Fund
Launchpad Build develops AI-first robotics for the manufacturing industry, combining a Manufacturing Language Model (MLM) with robotics to help manufacturers automate operations and integrate human and robot workflows.
Advanced ManufacturingAI & Machine LearningRobotics
Co-investorsLavrock VenturesLockheed Martin Ventures
Nudge Security provides continuous discovery and visibility of an organization's SaaS and AI application ecosystem, including shadow IT and externally-facing apps, for security teams to identify and remediate risks.
CybersecurityEnterprise SoftwareSaaS
Co-investorsBallistic VenturesForgePoint Capital
Overwatch Imaging develops autonomous intelligence software and sensors for ISR (Intelligence, Surveillance, Reconnaissance) operations.
AI & Machine LearningDefense TechHardware
Co-investorsPortland Seed FundShield CapitalElevate Capital
PDW develops air power and drone systems for front-line military forces, focused on defense applications at the tactical edge.
Defense TechHardwareRoboticsHuntsville, US
Ryan Gury(Founder)in
Co-investorsBooz Allen VenturesCRESCENT COVE CAPITALLux CapitalRSE VenturesStage 1 Ventures
Phin provides a security awareness training and phishing simulation platform built for MSPs and MSSPs, offering multi-tenant management, fast client onboarding, and phishing analysis integrated into help desks.
AI & Machine LearningCybersecuritySaaSMiddletown, US
Joshua Simmons(Founder)
Co-investorsEarly Light VenturesInner Loop Capital
SysGit develops tools and processes to support Agile Hardware Development for the defense industrial base, enabling cross-functional collaboration between hardware and software teams.
Defense TechDeveloper ToolsHardwareSpace TechLos Angeles, US
Steve Massey(CEO, Co-Founder)inZeke Brechtel(CTO, Co-Founder)inCharles (Zeke) Brechtel(Founder)
Co-investorsAurelia FoundryChicago Early Growth Ventures (CEGV)Iron PrairieTechstarsWonder VenturesHaystack
Primordial Labs is a defense technology company building combat capability for national security missions, founded by a team of engineers and former special operators.
AI & Machine LearningDeep TechDefense TechRoboticsNew Haven, US
Lee Ritholtz(CEO & Co-founder)inAdrian Pope(CTO & Co-Founder)in
Co-investorsLockheed Martin Ventures
ReSupply provides next-day, at-home donation pickup for furniture, clothing, appliances, and housewares, delivering the items to local charity partners across the United States.
Circular EconomyImpact & Social GoodMarketplaces
Shift5 provides an onboard operational technology (OT) platform that captures and analyzes data from vehicles, fleets, and weapons systems to deliver security monitoring, threat detection, and predictive maintenance insights.
CybersecurityDefense TechIoT
Co-investorsBooz Allen VenturesCenter15 CapitalSavano Capital PartnersTeamworthy VenturesFirst In
Sicura automates security compliance and control management for organizations across government and enterprise.
CybersecurityDeveloper ToolsEnterprise SoftwareGovTech
Lisa Umberger(Co-founder)inKendall Moore(Co-founder)in
Co-investorsInner Loop CapitalScout VenturesScout Ventures
Squadra is a seed-stage venture capital firm that provides hands-on operational support, network connections, and go-to-market help to early-stage startups.
CybersecurityDefense TechBaltimore, US
Co-investorsIronGate Capital AdvisorsConstruct CapitalLux CapitalRenegade Partners
Tidal Cyber develops tools and services that help enterprises adopt MITRE ATT&CK framework for threat-informed defense.
CybersecurityEnterprise Software
Rick Gordonin
Co-investorsAccess Venture PartnersBright Pixel CapitalDreamit VenturesGlasswing VenturesStoneMill VenturesTFX Capital+8 more
VirgilHR is a compliance platform built by HR professionals that helps teams navigate complex employment laws across all 50 states through attorney-informed guidance and intuitive workflows.
HR TechLegalTechGaithersburg, US
Jocelyn King, SHRM-SCP(Founder)in
Co-investorsCitrine AngelsMaryland TEDCOTechstarsTEDCO
Wyvern develops high-resolution hyperspectral imaging satellites and delivers satellite-based earth observation data for model-based predictions.
Advanced ManufacturingAgTechClimate TechDeep TechSpace TechEdmonton, CA
Chris Robson(Founder)inKurtis Broda(Founder)inKristen Cote(Founder)inCallie Lissinna(Founder)in
Co-investorsCortado VenturesForesightMaC Venture CapitalSeraphim SpaceSprint VcStartup TNT+4 more
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 1
IPOs and acquisitions across the tracked portfolioAirbaseacq. by Paylocity
Portfolio news
latest coverage across their companies
Performance Drone Works · dronexl.co · Aug 18, 2026
Squadra · bitget.com · Jul 17, 2026
Events · techcrunch.com · Jul 14, 2026
Citra Space Corporation · gazette.com · Jun 25, 2026
Tidal · esgtoday.com · May 29, 2026
Airbase · telemetry.today · Mar 27, 2026
Airbase · telemetry.today · Mar 27, 2026
INTEGRITY LABS, INC. · tinytechfund.com · Mar 23, 2025
Frequently asked questions
- How many investments has SQUADRA VENTURES made?
- SQUADRA VENTURES has 15 tracked investments.
- What stage does SQUADRA VENTURES invest at?
- SQUADRA VENTURES invests at the Pre-Seed, Seed, Series A, Growth stages.
- What is SQUADRA VENTURES's typical check size?
- SQUADRA VENTURES typically writes checks of $1M – $4M.
- What sectors does SQUADRA VENTURES focus on?
- SQUADRA VENTURES focuses on Cybersecurity, Defense Tech, GovTech, Sector Agnostic.
- Where is SQUADRA VENTURES located?
- SQUADRA VENTURES is headquartered in Baltimore, US.
- Does SQUADRA VENTURES lead rounds?
- Yes, SQUADRA VENTURES leads investment rounds.
- Who does SQUADRA VENTURES co-invest with?
- SQUADRA VENTURES most often shares deals with Amplify Partners, Founders Circle Capital, Heavybit, among 29 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInvestor Updates by Guy Filippelli | Did you know we write investor updates? Listen to Guy Filippelli as he explains the purpose and importance of the updates. #startup #baltimore... | By Squadra Ventures
Guy Filippelli · facebook.com
PART 1: Is there an upside to the sink or swim analogy? Managing partner Guy Filippelli explains. Check back Friday for part 2. #squadra #startup... | By Squadra Ventures
Guy Filippelli · facebook.com
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