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The Veteran Fund

The Veteran Fund

San Francisco, Californiaveteran.fund

Overview

The Veteran Fund is a venture capital firm that invests in high-growth, critical, and dual-use technology startups led by exceptional founders from the military community, with a focus on sectors like cybersecurity, AI, space, and advanced manufacturing.

Year Founded

2021

Portfolio Companies

22

Investments

The Veteran Fund investments
CompanyDateStageLead
Firestorm LabsMar 2024SeedCo-investor
HavocAIMay 2026Series ACo-investor
Glīd TechnologiesJul 2025Pre SeedCo-investor
Instant TeamsMar 2022Series A-
Eos AtomicsMar 2025Pre SeedCo-investor
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Key People

Justin Nahama

Co-Founder And General Partner

Ryan Micheletti

Cofounder General Partner

Mike Sherbakov

General Partner

Alex G.

Venture Partner

Aviv Shalgi

Venture Partner Startup Advisor

Brett Beckett

Venture Partner

Carlos Romero

Venture Partner

Donald Gansberger

Venture Partner

Eric Basu

Limited And Venture Partner

Greg Call

Venture Partner Limited Partner

Jen Pilcher

Venture Partner

Lucas Rotter

Venture Partner

Regan Delaney

Venture Partner

Tony Weedn

Venture Partner

Zach Micheletti

Venture Partner

Forrest Underwood

Limited Partner

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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is The Veteran Fund based?

The Veteran Fund is headquartered in San Francisco, California, United States.

When was The Veteran Fund founded?

The Veteran Fund was founded in 2021.

How many portfolio companies does The Veteran Fund have?

The Veteran Fund has 22 portfolio companies in Caplight's dataset.

What are some companies in The Veteran Fund's portfolio?

Portfolio companies visible on Caplight include Firestorm Labs, HavocAI, Glīd Technologies, Instant Teams, Eos Atomics.

What was The Veteran Fund's most recent investment shown here?

The Veteran Fund's most recent investment in this portfolio sample was in HavocAI in 2026.

What sectors does The Veteran Fund focus on?

The Veteran Fund focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Cybersecurity, Frontier & Industrial Tech, Frontier & Industrial Tech, Cybersecurity, FinTech, Cybersecurity, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, FinTech, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure.

What company stages does The Veteran Fund focus on?

The Veteran Fund typically invests at the Early stage.

What is The Veteran Fund's AUM?

The Veteran Fund's assets under management are estimated between $50.0M and $100.0M.

Firmographic Details

HeadquartersSan Francisco, California
Year Founded2021

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