The Veteran Fund is a U.S. venture capital firm that invests in early-stage, high-growth technology startups led by military veterans with leadership experience and domain expertise. The firm’s mission combines financial returns with a broader purpose of advancing American innovation and national security through capital deployment in critical technologies, particularly those with dual-use commercial and defense applications.

The Veteran Fund focuses on seed-stage investments, typically concentrating on companies with the potential for significant scale and outsized valuations. Its investment thesis emphasizes veteran leadership as a value driver, underpinned by resilience, strategic thinking, and mission-driven execution. The fund partners with its portfolio companies beyond capital infusion by offering access to networks, mentorship, non-dilutive funding sources, and strategic guidance aimed at accelerating growth and competitive positioning.

Public reporting and updates indicate a growing portfolio of companies across sectors such as aerospace and defense, artificial intelligence, cybersecurity, and enterprise software, with continued capital formation and plans for subsequent fund vehicles. The firm’s narrative speaks to both financial objectives and broader strategic impact, positioning it within the venture capital ecosystem rather than traditional real estate or private equity.