PenFed Foundation Veteran Entrepreneur Investment Program
Est. dry powder
$710K
Raised, not yet invested
AUM
—
Not reported
Latest fund
$700K
Veteran Entreprenues Investment Fund Alpha
Est. cheque size
$100K–
From fund sizes
Deals, last 12 months
—
Not reported
About PenFed Foundation Veteran Entrepreneur Investment Program
PenFed Foundation Veteran Entrepreneur Investment Program (VEIP) provides veteran-owned start-ups with seed capital in a diverse range of industries in the US. The firm was launched in order to provide financial opportunities for veterans by providing access to other capital investment programs, and connecting entrepreneurs to funders. VEIP reinvests all gains back into the PenFed Foundation and other veteran-backed businesses.
- Type
- Venture Capital Firm
- Headquarters
- McLean, Virginia, US
- Stages
- SeedSeries AVenture DebtEarly Stage
- Est. cheque size
- $100K–$241.3K
- Sectors
- Diversified
- Regions
- North America
- Strategies
- Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Seed12
- Series A4
- Venture Debt1
Across 22 deals
Portfolio sectors
- Consumer Products6
- Software4
- Internet3
- Aerospace1
- Biotechnology1
Across 19 companies
Portfolio countries
- US19
Across 19 companies
Recent investments
Newest 5 of 22
- Seed$5.5M
SquareDash
Mar 2024 · Seed
- Seed—
DSA Laboratories, Inc.
Feb 2023 · Seed
- Unspecified Round$190K
Chimney Trail Co
Jan 2023 · Unspecified Round
- Unspecified Round—
SquareDash
Jan 2023 · Unspecified Round
- Series A—
Sensatek Propulsion Technology, Inc
Nov 2022 · Series A
Offices
1 location
- McLean, Virginia, USHQ