Organization · Venture Capital
The Veteran Fund
The Veteran Fund is a San Francisco-based venture capital firm that invests in seed-stage technology startups led by U.S. military veterans. The firm focuses on critical technologies aligned with national priorities, leveraging the leadership of veteran founders.
Overview
What The Veteran Fund does
What The Veteran Fund is
The Veteran Fund is a San Francisco-based venture capital firm that invests in seed-stage technology startups led by U.S. military veterans. The firm focuses on critical technologies aligned with national priorities, leveraging the leadership of veteran founders.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- May 3, 2026
Official channels
Find The Veteran Fund elsewhere
Open the official website or a supported primary organization account.
Capability profile
The Veteran Fund as a funder
Investment thesis
The Veteran Fund invests in high-growth critical technology startups led by military veterans, leveraging their leadership and resilience to build mission-driven companies that align with national priorities.
Focus narrative
The Veteran Fund primarily invests in seed-stage companies that have a strong military presence in their leadership or workforce. The fund's investment thesis emphasizes technologies that align with national priorities, particularly in sectors such as national security, artificial intelligence, robotics, aerospace, energy, cybersecurity, and defense technology. The fund targets investments ranging from $250,000 to $1 million.
Value beyond capital
The Veteran Fund adds value to its portfolio companies by leveraging a community of military, business, and technology leaders. The firm works closely with its startups on growth strategies, securing non-dilutive capital, and positioning for follow-on funding rounds.
Terms and economics
- Typical check
- $250,000–$1,000,000
- Sweet spot
- $500,000
Focus and fit
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 20
Portfolio context
The Veteran Fund's portfolio includes notable companies such as Havoc AI, a maritime autonomy company; Vatn Systems, which specializes in autonomous underwater systems; and TERN, known for its GPS-denied navigation technology. Other portfolio companies include Launch Firestorm, Cyberspatial, Hedgehog Cloud, and Proteus Space, among others.
Common questions
What to know about The Veteran Fund
Upseed classifies The Veteran Fund under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 3, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.