The Veteran Fund
Venture capitalSan Francisco · Seed · 5 people tracked
Investment thesis
The Veteran Fund invests at the seed stage in critical technology startups led by elite military veterans. It targets companies with strong military presence in leadership or workforce, believing veteran leaders bring the resilience, purpose, and discipline needed to build transformative companies. The firm concentrates on mission-driven technologies aligned with national priorities that impact America's security, economic strength, and global leadership. Beyond capital, it offers portfolio companies a community of top military and business leaders, help unlocking non-dilutive capital, and support positioning for follow-on funding, while giving investors co-investment opportunities and exclusive experiences.
Source: firm website, verified Aug 3, 2026.
Team · 5 people
from the firm's website & public directories
What they invest in
from 24 of 32 portfolio companiesAI & Machine Learning ×11Defense Tech ×7Cloud Computing ×5Data & Infrastructure ×5Enterprise Software ×4Hardware ×4Robotics ×4Deep Tech ×3
HQs:United States×10
Investments · 32 tracked
founders shown can be your intro pathAndromeda provides a knowledge graph platform that processes technical manuals, service records, and operational data to deliver structured diagnostics for equipment maintenance and field operations.
AI & Machine LearningData & InfrastructureEnterprise Software
Warhead designs and manufactures advanced explosive ordnance systems for autonomous weapons platforms and drone applications.
Deep TechDefense TechHardware
Anthony Jones(COO and Co-Founder)Devan Plantamura(CEO)Jacob Lambuth(CTO)
Teleseer is a browser-based network packet analysis and visualization tool that allows users to analyze PCAP files without requiring infrastructure, databases, or setup.
CybersecurityData & InfrastructureEnterprise SoftwareClaymont, US
Lawrence Nunn(Executive Officer, Director)Xiao Tan(Executive Officer, Director)David Fulton(Executive Officer)
DarkSaber Labs develops AI and data fusion systems purpose-built for military special operations, transforming fragmented sensor data into real-time tactical insights for warfighters in disconnected and contested environments.
AI & Machine LearningData & InfrastructureDefense Tech
O'Connor
Foundation builds autonomous machines designed to perform tasks across a wide range of applications.
AI & Machine LearningHardwareRobotics
Fulcrum Autonomy develops autonomous capabilities and systems designed for defense and strategic applications, serving military and government organizations focused on tactical and operational effectiveness.
AI & Machine LearningDefense TechRobotics
Glīd builds dual-mode vehicles and orchestration software that move freight across road and rail networks, reducing transfer points and dwell time for logistics operators, yards, ports, and defense environments.
AI & Machine LearningLogistics & Supply ChainMobility & Transportation
Kevin Damoa(Founder & CEO)in
Havoc develops software for coordinating autonomous vehicles across air, sea, and land domains, enabling operators to supervise hundreds or thousands of autonomous assets simultaneously through a unified control platform.
AI & Machine LearningDefense TechRobotics
Paul Lwin(Co-Founder & CEO)
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
Lone Star Lunar operates space-based data storage and sovereign AI inference platforms called StarVaults, which orbit Earth and the Moon.
AI & Machine LearningCloud ComputingSpace Tech
OneRange is an AI-powered platform that helps companies identify workforce skills gaps, develop employee competencies through personalized upskilling, and anticipate future skill needs.
AI & Machine LearningEdTechEnterprise SoftwareHR TechSaaS
Steve Gilman(Co-founder & CEO)inHoutan Fanisalek(Co-founder & CTO)in
Proteus Space designs custom spacecraft buses tailored to individual payload requirements using generative design and flight-proven components, eliminating the compromises of standardized bus solutions.
Deep TechHardwareSpace Tech
Refacture manufactures critical materials including silicon carbide, rare earth elements, aluminum fluoride, and recovered graphite by converting waste from industrial processes into high-value products for semiconductors, clean energy, defense, and electronics applications.
Advanced ManufacturingCleantechNew Materials
AMP is an open-source web component framework for building websites, Web Stories, and interactive emails with fast page performance.
Cloud ComputingDeveloper ToolsMedia & Entertainment
Stitch3D is a cloud-based platform for hosting, managing, and collaborating on spatial data including point clouds, orthomosaics, and LiDAR scans with features like real-time multiplayer viewing, secure sharing, and volume measurement tools.
Cloud ComputingConstruction TechData & InfrastructureTacoma, US
Jeffrey Jakinovich(Executive Officer)Clark Yuan(Executive Officer, Director)
Vatn builds autonomous underwater vehicles and systems for underwater operations including surveillance, mine countermeasures, and payload delivery in GPS-denied environments.
Defense TechHardwareRoboticsPortsmouth, US
BoardThomas Hendrix(Director)Geoffrey Manchester(Director)Thomas Hennessey(Director)Nelson Mills(Executive Officer, Director)Frederick Mills(Director)
VetraFi is a digital banking platform serving the U.S. military community—active service members, veterans, and their families.
Fintech
Frequently asked questions
- What stage does The Veteran Fund invest at?
- The Veteran Fund invests at the Seed stage.
- What is The Veteran Fund's typical check size?
- The Veteran Fund typically writes checks of $500K – $2M.
- What sectors does The Veteran Fund focus on?
- The Veteran Fund focuses on Deep Tech, Defense Tech.
- Where is The Veteran Fund located?
- The Veteran Fund is headquartered in San Francisco, US.
Media · Podcasts & interviews
featuring the teamMission Oriented Episode 201 - Mike Sherbakov of The Veteran Fund
VeteranCrowd · Mike Sherbakov
Ryan Micheletti - The Veteran Fund & Founder Institute
VeteranCrowd · Ryan Micheletti
Co-investors · 1
Cubit Capital is an investment firm that partners with founders building solutions to foundational problems, emphasizing steady guidance, proximity, and transparent partnership.
Firms observed investing alongside The Veteran Fund, from public investor directories. Shared companies are the overlap with The Veteran Fund's recorded portfolio.
Similar investors
8VC is a technology investment firm that builds and invests in ambitious companies across sectors including life sciences, healthcare, manufacturing, enterprise, logistics, and defense.
ACT Venture Capital is an independent Irish venture capital firm that invests €1 million to €15 million in growth-stage private companies, with capacity for larger commitments through syndicated rounds.
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.
Crosscut Ventures is an early-stage venture capital firm that has backed founders across industries and geographies since 2008.