Baltimore · Pre-Seed–Growth · 11 people tracked
Also known as SQUADRA MANAGEMENT, LLC
Find your way into SQUADRA VENTURES
1,827 people in our graph share verified history with the SQUADRA VENTURES team — schools, employers, funds. One of them is your warm intro.
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 Sep 15, 2026.
Team · 11 people
from the firm's website & curated & public directories
Founder mafia
2 people who came through SQUADRA VENTURES went on to found or lead other companies.
What they invest in
from 28 of 37 portfolio companiesEnterprise Software ×10Cybersecurity ×9SaaS ×9AI & Machine Learning ×8Defense Tech ×7Deep Tech ×4Hardware ×4Developer Tools ×3
HQs:United States×26Canada×1
Investments · 37 tracked
founders shown can be your intro pathBy year:2026 · 42025 · 52024 · 12023 · 32022 · 32020 · 12019 · 118 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)inVlad Cazacu(Founder)in
Co-investorsBaseLayer VenturesBright Pixel CapitalEPIC VENTURESGeek VenturesGlasswing VenturesSage Venture Partners+4 more
Phin provides a security awareness training and simulated phishing platform built for managed service providers (MSPs) to train and test their clients' end-users.
CybersecurityEdTechSaaSWilmington, US
CONNOR SWALM(Executive Officer, Director)inJOSHUA SIMMONS(Executive Officer, Director)
BoardJustin Label(Director)inMargaret Roth(Director)in
Co-investorsInner Loop CapitalMercato Partners
Indicium is a data consultancy that helps organizations build data-driven practices by defining strategies, assembling teams, and delivering data platforms and products across data science, analytics, and AI.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSQueens, US
Logan Havern(Executive Officer, Director)in
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)in
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
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)inDaniel Gardner(Director)
Board seatGuy Filippelli· per SEC Form D
Co-investorsTEDCO
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-investorsDreamit VenturesFirst Leaf Capital
Cerberus is a multi-platform investment firm that manages capital across diverse asset classes including direct lending, private equity, real estate, credit, and venture capital.
Enterprise SoftwareFintechNew York, US
Co-investorsAHL Venture PartnersBooz Allen VenturesClean Energy VenturesBallistic VenturesForgePoint CapitalIAG Capital Partners+1 more
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
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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)inIsabella 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 AI develops a proprietary Manufacturing Language Model combined with robotics to accelerate automation system design and deployment for industrial manufacturers.
Advanced ManufacturingAI & Machine LearningRobotics
Jon Quick(Chief Executive Officer)Yoav
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 Data provides an AI-powered threat intelligence platform that monitors digital sources to detect and combat fraud and security risks for enterprise security and risk teams.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareNew York City, US
Arjun Bisen(Founder)inZara Perumal(Founder)in
Co-investorsNew Era Capital PartnersPathlight VenturesPruVen Capital PartnersREFASHIOND VenturesY CombinatorPortland Seed Fund+1 more
Overwatch Imaging develops sensor autonomy software and smart sensors for airborne intelligence missions, delivering real-time imagery processing and automated detection capabilities for government and commercial customers worldwide.
AI & Machine LearningDefense TechGovTechHardwareHood River, US
Greg Davis(Founder & CEO)in
Co-investorsElevate CapitalPortland Seed FundShield Capital
PDW is an American drone company that designs, engineers, and manufactures unmanned aerial systems and related software for defense and public safety customers, including the U.S. military and federal, local, and international public safety entities.
Defense TechHardwareRoboticsHuntsville, US
Ryan Gury(Founder)inMatt Higgins(Co-founder)inJames Slider(CEO)
Co-investorsRSE VenturesHanwha Asset ManagementBooz Allen VenturesCRESCENT COVE CAPITALLux CapitalStage 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)in
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)in
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 operates a next-day home donation pickup service that connects donors with charities and nonprofits nationwide, while diverting donated goods from landfills.
Circular EconomyImpact & Social GoodLogistics & Supply ChainMarketplacesAtlanta, US
Paul Tocci(Founder and CEO)
Shift5 provides operational intelligence and cybersecurity solutions for military and commercial fleets across aviation, ground transportation, maritime, and rail sectors, helping operators detect threats and maintain system resilience in real-time.
CybersecurityDefense TechIoTArlington, US
Josh Lospinoso(Founder)inToby Magsig(President and Chief Executive Officer)Ronak Shah(Chief Technology Officer)in
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
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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 TEDCOTechstarsTEDCOSHRMLabs
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
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Copia Automation, Inc.INTEGRITY LABS, INC.Tidal Cyber Inc.Tradeunoun bright AFA69Bplaceholder
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
1 acquisitionsAirbaseacq. by Paylocity
Portfolio news
latest coverage across their companiesCerberus Ventures · prnewswire.com · Aug 24, 2026
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
Overwatch · pulse2.com · May 23, 2026
Airbase · telemetry.today · Mar 27, 2026
Frequently asked questions
- How many investments has SQUADRA VENTURES made?
- SQUADRA VENTURES has 37 tracked investments, 1 of which have exited, including 10 dated in the last 24 months.
- 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, Heavybit, Lighthouse Network Ventures Llc, among 17 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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