# The Veteran Fund: portfolio, investments and team

> The Veteran Fund is a vc firm based in United States. 2 investments on record, 1 in the last 12 months, latest May 2026.

Source: https://millionrounds.com/fund/the-veteran-fund-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# The Veteran Fund

Last cheque observed May 2026; 2 cheques on record.

Email

VC firm Deploying now

Pre-seed Seed Series A Weapons Dual-use Defensetech

Follow The Veteran Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fthe-veteran-fund-2)

Deploying now

**50%** of best year **1** **cheques in 12 months**, 2 on record

Since the last cheque **160** days **00** hrs **00** min **00** sec

Median round **$52M** Cheque size, as they say **$5.0M – $25M** Rounds led **0 of 2**

Pitch The Veteran Fund

## The Veteran Fund highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Pre-seed and Series A: 100% of its rounds

## What they do

> The Veteran Fund is a next-generation venture capital firm backing high-growth critical technology startups led by elite military veterans. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $5.0M – $25M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Weapons Dual-use Defensetech
- **Based in:** San Francisco, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **2 appearances**

- **2026** 1 round
- **May** **[Havoc](https://millionrounds.com/company/havoc)** Series A · US · Outlander VC **$100M** With 17 others
- **2025** 1 round
- **Jul** **[Glīd](https://millionrounds.com/company/glid)** Pre-seed · US · TechStartups **$3.1M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**10** of 28 we have independently watched raise

[Empeq](https://millionrounds.com/company/empeq)[Foundation](https://millionrounds.com/company/foundation)[Havocai](https://millionrounds.com/company/havocai)[Hedgehog](https://millionrounds.com/company/hedgehog)[Instantteams](https://millionrounds.com/company/instant-teams)[Natilus](https://millionrounds.com/company/natilus)[Proteus-space](https://millionrounds.com/company/proteus-space)[Stitch3d](https://millionrounds.com/company/stitch3d)[Tern](https://millionrounds.com/company/tern)[Vatnsystems](https://millionrounds.com/company/vatn-systems) Acyber Aero-fuse Andromeda+Logo.jpg Andromeda+ Cyberspatial Cyphrai Darksaberlabs Defiant Fulcrumautonomy Glid+Logo.jpg Glid+ Haikuinc Launchfirestorm Lonestarlunar Onerange Pixly Refacture Splashone Vetrafi Warhead

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$52M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Said size:** $5.0M – $25M
- **Sole investor:** Never alone
- **Last cheque:** May 2026

Rounds by stage said on their site

- Pre-seed said *1*
- Series A said *1*
- Seed said *-*
- Series B said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Outlander VC](https://millionrounds.com/fund/outlander-vc) 2

**Pitching The Veteran Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as The Veteran Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Outlander VC** VC firm **2** rounds together](https://millionrounds.com/fund/outlander-vc)

## Quick answers about The Veteran Fund

### What does The Veteran Fund invest in?

The Veteran Fund invests most often at Pre-seed and Series A (100% of the rounds on record), in sectors such as Weapons, Dual-use and Defensetech.

### How active is The Veteran Fund?

2 investments on record, 1 of them in the last 12 months. The most recent was in May 2026.

### What has The Veteran Fund invested in recently?

Its most recent investments on record: Havoc (Series A, May 2026) and Glīd (Pre-seed, Jul 2025).

### How big are The Veteran Fund's cheques?

The median round it joins is $52M. It says it writes cheques of $5.0M to $25M.

### Is The Veteran Fund investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does The Veteran Fund invest alongside?

Most often Outlander VC (2 rounds together).

### What kind of investor is The Veteran Fund?

The Veteran Fund is a VC firm based in San Francisco, United States.

### Does The Veteran Fund take cold pitches?

Yes: its own website says it reads unsolicited pitches.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=the-veteran-fund-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=the-veteran-fund-2)
