During Veteran’s Day, Crunchbase released a list of venture capital firms that specifically target military veterans when creating their investment strategies. Below is a list of these firms along with a brief description on them. In my opinion, firms that have strategies such as these are a good way to define your strategy as well as look for new opportunities in markets that may have gems in their own right.
- Hivers and Strivers is a Virginia-based firm that “describes itself as an angel investment group focused on early-stage investments in startup companies founded and run by graduates of the U.S. Military Academies.”
- Veteran Ventures Capital is a Tennessee based firm who’s “goal is to help “vetrepreneurs” turn their own ideas and visions into successful companies, according to its website. It was established out of the collective ambition of investors experienced in the business, cyberspace, aerospace, information technology, and finance industries.”
- Task Force (TFX Capital) is a South Carolina based venture capital firm that “is focused on investing in “high-performing veteran founders” of seed and early-stage veteran business and startups. It has an extensive portfolio including edtech startup proctorfree, GoodUnited, Vemo Education, and on-demand car wash and detailing service spiffy.”
- 1836 Veterans is a Texas based firm, “founded in 2017 by a group military veterans and successful business leaders who” look to support members of Houston’s veteran community who have “great entrepreneurial potential but that they needed resources: financial and otherwise in order to succeed.”
- TechStars is a well known firm that has created its Patriot Boot Cam (PBC) program aimed at veterans. “PBC’s core program is an intensive three-day technology entrepreneurship boot camp modeled after the TechStars accelerator to provide educational training and 1:1 mentoring to inspire and advance startup founders, according to the organization. PBC runs the program twice a year, in Texas and Colorado, for cohorts of 50 tech entrepreneurs.”