The PenFed Foundation
Overview
The PenFed Foundation is a national nonprofit organization that operates the Veteran Entrepreneur Investment Program (VEIP) to provide seed capital, mentorship, and network access to veteran-owned startups.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Supply Veins | Feb 2025 | Grant | Co-investor |
| Tumble | Oct 2022 | Seed | - |
| True Made Foods | Dec 2018 | Seed | Lead |
| Signum Technologies | Feb 2026 | Seed Round | Co-investor |
| SquareDash | Mar 2024 | VC Round | Co-investor |
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Key People
Jennifer Baird
Managing Director of Development
Paul Mavrikes
Chief Operating Officer
Chris Sowder
Director of Finance
Deborah Lee James
Chairwoman, Board Of Directors
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is The PenFed Foundation based?
The PenFed Foundation is headquartered in Alexandria, Virginia, United States.
When was The PenFed Foundation founded?
The PenFed Foundation was founded in 2001.
How many portfolio companies does The PenFed Foundation have?
The PenFed Foundation has 6 portfolio companies in Caplight's dataset.
What are some companies in The PenFed Foundation's portfolio?
Portfolio companies visible on Caplight include Supply Veins, Tumble, True Made Foods, Signum Technologies, SquareDash.
What was The PenFed Foundation's most recent investment shown here?
The PenFed Foundation's most recent investment in this portfolio sample was in Signum Technologies in 2026.
What sectors does The PenFed Foundation focus on?
The PenFed Foundation focuses on Consumer & Commerce, Enterprise Software, FinTech, Real Estate & PropTech, Real Estate & PropTech, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Real Estate & PropTech.
What company stages does The PenFed Foundation focus on?
The PenFed Foundation typically invests at the Early stage.
What is The PenFed Foundation's AUM?
The PenFed Foundation's assets under management are estimated between $0.0 and $50.0M.