MilVet Angels brings military veterans into tech investor network
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A group of 100 military veterans and their families have launched MilVet Angels, the first and largest investment syndicate for military veterans to invest in tech startups in the U.S.
It comes at an interesting time during the economic downturn when other funds have been drying up, as reported by Pitchbook and the National Venture Capital Association.
MilVet Angels pools together members’ funds to jointly invest in technology startups. Founding members of MilVet Angels led extraordinary military careers in premier U.S. special operations units, such as the Navy SEALs and the Army’s Delta Force.
Members of the built-out syndicate now include veterans with experience in a broad array of government arenas, including the State Department, Department of Justice, Department of Transportation, Department of Energy, the Pentagon, NASA, the White House, and other key areas.
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Since their time in public service, these veterans have found success as technology executives, entrepreneurs, investors, business and finance leaders, lawyers, astronauts, and influencers.
Ahead of its public announcement, MilVet Angels has already enjoyed early success with some of its first investments, including funding a defense technology company that was recently awarded a billion-dollar Department of Defense contract. The group has quietly invested several million dollars of capital to date, and now emerges with its public launch today.
MilVet Angels is an
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