# PenFed Foundation Veteran Entrepreneur Investment Program

Source: https://capitalatlas.ai/funds/penfed-foundation-veteran-entrepreneur-investment-program

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

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.

## Facts

- Type: Venture Capital Firm
- Headquarters: McLean, US
- Founded: 2018
- Website: https://veip.penfedfoundation.org/
- Estimated dry powder: $710K
- Latest fund: Veteran Entreprenues Investment Fund Alpha, $700K
- Estimated cheque size: $100K–$241.3K
- Stages: Seed, Series A, Venture Debt, Early Stage
- Sectors: Diversified
- Regions: North America
- Last seen investing: Mar 2024

## Recent investments (newest 5 of 22)

- Mar 2024: SquareDash (Seed, $5.5M)
- Feb 2023: DSA Laboratories, Inc. (Seed)
- Jan 2023: Chimney Trail Co (Unspecified Round, $190K)
- Jan 2023: SquareDash (Unspecified Round)
- Nov 2022: Sensatek Propulsion Technology, Inc (Series A)

## Questions

### How much does PenFed Foundation Veteran Entrepreneur Investment Program invest per deal?

Based on the size of its funds, PenFed Foundation Veteran Entrepreneur Investment Program writes estimated cheques of $100K–$241.3K. Lead cheques usually sit at the top of that range and follow-on cheques lower.

### What stages does PenFed Foundation Veteran Entrepreneur Investment Program invest in?

PenFed Foundation Veteran Entrepreneur Investment Program has invested at Seed, Series A, Venture Debt and Early Stage. Its most frequent rounds on record are Seed, Series A and Venture Debt.

### How much capital does PenFed Foundation Veteran Entrepreneur Investment Program have left to invest?

PenFed Foundation Veteran Entrepreneur Investment Program has an estimated $710K in dry powder: capital it has raised but not yet invested.

### What has PenFed Foundation Veteran Entrepreneur Investment Program invested in recently?

Recent investments include SquareDash, DSA Laboratories, Inc. and Chimney Trail Co.

### Where is PenFed Foundation Veteran Entrepreneur Investment Program based?

PenFed Foundation Veteran Entrepreneur Investment Program is headquartered in McLean, US.

### How do I contact PenFed Foundation Veteran Entrepreneur Investment Program?

Partner names, emails and LinkedIn profiles for PenFed Foundation Veteran Entrepreneur Investment Program are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 17 more deals (22 in total), with amounts and co-investors
- 19 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/penfed-foundation-veteran-entrepreneur-investment-program) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `633ddaea-8f17-48af-9325-e8a42c1d5fbf`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.