Fundraising Fox

Veritas Capital

Private equity

New York Β· Growth–Late Stage

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Investment thesis

Veritas Capital pursues a concentrated portfolio strategy, emphasizing enhanced focus on execution and value creation. Its investments center on companies delivering technology, engineering, and mission-critical services to government and commercial customers across defense, aerospace, national security, healthcare technology and analytics, education technology, and IT/consulting services.

Source: firm website, verified Aug 7, 2026.

Stage
Growth–Late Stage
HQ
New York, US
Instruments
Equity Β· Debt
Founded
1998
AUM
$50B
Tracked investments
50

What they invest in

from 3 of 50 portfolio companies

Biotech Γ—1Data & Infrastructure Γ—1EdTech Γ—1Enterprise Software Γ—1Healthtech Γ—1SaaS Γ—1

Investments Β· 50 tracked

founders shown can be your intro path
Abaco Systems

High-performance computing systems for aerospace, defense and industrial use in harsh environments

Aeroflex

Radio frequency and microwave integrated circuits, components and systems for aerospace, defense and communications

Alion Science and Technology Corporation

Advanced engineering, IT, naval architecture and operational solutions for government and commercial customers

Anaren

Radio frequency components, assemblies and subsystems for aerospace, defense, wireless, medical and industrial markets

Anthologyanthology.com
API Healthcare

Healthcare-specific workforce management software for health systems

Aptimaptim.comin
Arcfieldarcfield.comin𝕏
Athena Innovative Solutions

National security training, analytics, operations, planning and investigative support

athenahealth

Cloud-based healthcare platform for clinical workflows

BeyondTrust

Cyber security threat management software to reduce IT security risks and simplify compliance reporting.

BeyondTrust Software

Cyber security threat management software to reduce IT security risks and simplify compliance reporting

Cambium Learning Group

Digital education solutions to school districts, educators, students and parents

Cambiumlearningcambiumlearning.comin𝕏
Candescentcandescent.comin
Chromalloychromalloy.com
Coronis Health

Scaled revenue cycle management platform providing end-to-end technology-enabled solutions to US healthcare providers

Coronishealthcoronishealth.com
Cotiviticotiviti.comin
CPI International

Components and subsystems for generation, amplification, transmission and reception of microwave signals

Cubiccubic.comin
DynCorp International

Specialized mission-critical outsourced technical services for businesses and government agencies

Epiq Solutions

Provider of small form factor, SWaP-C optimized software defined radio and turnkey RF solutions

Epiqsolutionsepiqsolutions.comin
Excelitas Technologies

Global optoelectronics provider to military and defense customers and commercial OEMs

Finalsitefinalsite.comin𝕏
Frontgradefrontgrade.comin𝕏
Frontgrade Technologies

Independent supplier of high-reliability electronic solutions for space, defense, healthcare and industrial applications

Gainwell

Technology solutions for the administration and operation of health and human services in the US

Gainwelltechnologiesgainwelltechnologies.comin𝕏
Global Healthcare Exchange

Supply chain software connecting healthcare providers and suppliers

Global Healthcare Exchange, LLCghx.comin𝕏

GHX operates a cloud-based supply chain network connecting healthcare providers, suppliers, and distributors to optimize procurement and clinical outcomes.

Data & InfrastructureEnterprise SoftwareHealthtechSaaS<UNKNOWN>

Tina Vatanka Murphy(President and CEO)

Guidehouse

Management, technology, and risk consulting services to public and commercial markets

HMHhmhco.comin

HMH provides K–12 instructional programs and assessment tools that integrate curriculum, professional learning, and student engagement features on a single platform.

EdTech

Integrated Defense Technologies

Advanced electronics and technology products for defense and intelligence applications

KeyPoint Government Solutions

Security-clearance background investigations, employment screenings, and related services for government agencies

McNeil Technologies

Mission-critical language, translation, intelligence, security and related services for US government agencies

Metrostarmetrostar.comin𝕏
onSolve

SaaS-based platform helping organizations mitigate risk and strengthen resilience

Perspecta

Cyber, data analytics, cloud computing, enterprise IT, systems engineering and background investigation capabilities

Salient CRGT

Agile application development, big data analytics, cyber security and related solutions for US government agencies

SolAero Technologies

Solar cells, solar panels and composite structures for satellites and aerospace applications

StandardAero

Aircraft engine and airframe MRO services for general aviation, airline, military, helicopter and energy customers

Syneos Healthsyneoshealth.comin

Syneos Health is a contract research and commercialization services company that supports biopharmaceutical companies in drug development, regulatory affairs, and market launch across therapeutic areas.

Biotech<UNKNOWN>

TRAK Communications

Microwave components and subsystems used in airborne radars, electronic warfare, surveillance and wireless communication

Truven Health Analytics

Healthcare data and analytics for governments, employers, health plans, hospitals, clinicians, and pharma companies

Vencore

Data analytics, system engineering & integration, and cyber security for government and commercial customers

Vertex Aerospace

Aviation-related support services for the US military and various US government agencies

Fund performance Β· per public LP disclosures Β· 15

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
The Veritas Capital Fund IX, L.P.LPs: California Public Employees' Retirement System, Empire State Development – New York Ventures2024β€”β€”0.00x0.00x
Veritas Capital Fund IXLPs: Oregon Public Employees Retirement System, Michigan Municipal Employees' Retirement System2024β€”β€”0.12x0.00x
Veritas IXLPs: Teachers' Retirement System of Oklahoma2023β€”β€”0.12x0.00x
The Veritas Capital Fund VIII, L.P.LPs: California Public Employees' Retirement System, Michigan Municipal Employees' Retirement System, Los Angeles County Employees Retirement Association2022β€”9.7%1.21x0.00x
Veritas Capital Fund VIIILPs: Oregon Public Employees Retirement System, Pennsylvania Public School Employees' Retirement System, San Diego City Employees' Retirement System2022β€”10.8%1.23x0.03x
Veritas VIIILPs: Teachers' Retirement System of Oklahoma2022β€”10.8%1.24x0.00x
VERITAS CAPITAL FUND VII LPLPs: Oregon Public Employees Retirement System, Michigan Municipal Employees' Retirement System, San Diego City Employees' Retirement System +1 more2020β€”7.9%1.37x0.01x
Veritas Capital Fund VILPs: Oregon Public Employees Retirement System, Michigan Municipal Employees' Retirement System, Public Employee Retirement System of Idaho +2 more2017β€”35.0%2.87x2.35x
Veritas VILPs: Teachers' Retirement System of Oklahoma2017β€”35.2%2.84x2.28x
Veritas Capital Fund VLPs: Oregon Public Employees Retirement System, Michigan Municipal Employees' Retirement System, Hawaii Employees' Retirement System +1 more2015β€”17.2%2.55x2.08x
Veritas VLPs: Teachers' Retirement System of Oklahoma2015β€”17.2%2.56x2.08x
Veritas Capital Fund IVLPs: Oregon Public Employees Retirement System, Public Employee Retirement System of Idaho2010β€”18.8%2.46x2.46x
Veritas IVLPs: San Diego City Employees' Retirement System2009β€”18.8%2.39x2.39x
Veritas Capital Fund, L.P.LPs: Connecticut Retirement Plans and Trust Funds1997β€”26.9%2.60x2.60x
The Veritas Capital Vantage Fund, L.P.LPs: Los Angeles County Employees Retirement Association, Michigan Municipal Employees' Retirement System, San Diego City Employees' Retirement Systemβ€”β€”8.0%1.22x0.00x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does Veritas Capital invest at?
Veritas Capital invests at the Growth, Late Stage stages.
What sectors does Veritas Capital focus on?
Veritas Capital focuses on AI & Machine Learning, Cybersecurity, Defense Tech, EdTech, Enterprise Software, GovTech, Healthtech, SaaS.
Where is Veritas Capital located?
Veritas Capital is headquartered in New York, US.

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