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The PenFed Foundation

The PenFed Foundation

Alexandria, Virginiapenfedfoundation.org

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.

Year Founded

2001

Portfolio Companies

6

Investments

The PenFed Foundation investments
CompanyDateStageLead
Supply VeinsFeb 2025GrantCo-investor
Signum TechnologiesJun 2024AcceleratorCo-investor
SquareDashMar 2024VC RoundCo-investor
SquareDashApr 2023SeedCo-investor
TumbleOct 2022Seed-

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

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersAlexandria, Virginia
Year Founded2001

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