Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Scout Ventures is an early-stage venture capital firm founded by Brad Harrison in New York City. The firm focuses on investing in frontier technologies, particularly those with dual-use applications that cater to both civilian and military needs. With a team largely composed of military academy graduates and veterans, Scout Ventures leverages its unique network to identify and support innovative startups in sectors such as artificial intelligence, robotics, cybersecurity, and advanced materials.
Currently, Scout Ventures manages a fund size of $125 million and has invested in over 50 companies. The firm has established a strong presence in the venture capital landscape, with offices located in New York City, Austin, and Washington D.C. Notable milestones include the successful closing of Fund V, which was oversubscribed, reflecting strong institutional interest in defense technology and dual-use innovations.
Scout Ventures primarily invests in seed rounds, typically leading with check sizes ranging from $2 million to $5 million. The firm reserves capital for follow-on investments through Series B. Their investment strategy emphasizes dual-use technologies that have significant implications for national security and defense, as well as commercial viability. The sectors of interest include artificial intelligence, robotics, cybersecurity, frontier technologies, space-tech, energy, and advanced materials.
Scout Ventures prioritizes founders from military backgrounds, the intelligence community, and national research labs. The firm seeks innovations that serve both civilian and military applications, aiming to generate outsized returns through cutting-edge early-stage technology. Their unique focus on dual-use technologies positions them to capitalize on the growing demand for solutions that address both commercial and defense needs.
Scout Ventures has built a diverse portfolio of over 50 companies, showcasing its commitment to investing in dual-use technologies. Notable portfolio companies include:
These companies exemplify the firm's focus on sectors such as AI, robotics, and cybersecurity, highlighting the potential for both commercial success and contributions to national security.
Brad Harrison: Managing Partner. Brad is a West Point graduate and Army Ranger with an MBA from MIT Sloan. He has extensive experience in early-stage investing and has led numerous successful deals in the defense technology sector.
Cody Huggins: Partner. Cody brings a wealth of experience in venture capital and has a strong background in technology startups, particularly in the defense and cybersecurity sectors.
Ian Folau: Operating Partner. Ian has a background in operations and strategy, with experience in both military and civilian sectors, focusing on enhancing portfolio company performance.
Nate George: Principal. Nate specializes in sourcing and evaluating investment opportunities, with a keen interest in dual-use technologies and their applications.
Greg Kaparski: Head of Finance. Greg oversees the financial operations of the firm, ensuring sound financial management and reporting.
Kellie Pais: Chief of Staff. Kellie supports the firm's operations and strategic initiatives, playing a key role in managing internal processes.
Tim Kopra: Venture Partner. Tim has a distinguished military background and provides insights into defense-related investments.
Troy Lambeth: Venture Partner. Troy brings expertise in technology commercialization and has a strong network in the defense sector.
To pitch to Scout Ventures, founders should send their proposals via email to ir@scout.vc. It is essential to include a comprehensive pitch deck that outlines the business model, market opportunity, and team qualifications. The firm prefers detailed information on how the technology serves both civilian and military applications.
Response times may vary, but founders should expect to hear back within a few weeks. Warm introductions through mutual connections in the military or intelligence community can enhance the chances of receiving a timely response.
Scout Ventures has established the Academy Investor Network (AIN), which focuses on supporting veteran entrepreneurs and graduates from U.S. Service Academies. AIN is in the process of launching a dedicated venture fund to support dual-use technology and veteran-led startups.
In March 2023, Scout Ventures announced the successful closing of Fund V, which raised $125 million and was oversubscribed, indicating strong institutional interest in dual-use technologies. The firm continues to expand its portfolio, which now includes over 50 companies focused on sectors such as AI, robotics, and cybersecurity.
Scout Ventures has been actively involved in discussions and roundtables centered on veteran entrepreneurship and innovation within the defense sector, further solidifying its commitment to supporting startups with military and intelligence community backgrounds.
What are Scout Ventures' investment criteria?
Scout Ventures invests in early-stage companies, primarily in seed rounds, with check sizes ranging from $2 million to $5 million. The firm focuses on dual-use technologies that have applications in both civilian and military sectors.
How can founders apply or pitch to Scout Ventures?
Founders interested in pitching to Scout Ventures can reach out via email at ir@scout.vc. It is advisable to include a detailed pitch deck outlining the business model, market opportunity, and team background.
What makes Scout Ventures different from other venture capital firms?
Scout Ventures differentiates itself through its focus on dual-use technologies and its team, which is largely composed of military academy graduates and veterans. This unique background provides access to a network of military and intelligence community contacts that can enhance the growth of portfolio companies.
What is the geographic scope of Scout Ventures' investments?
The firm primarily invests in companies based in the United States, focusing on startups that are developing technologies with significant implications for national security and defense.
What kind of support do portfolio companies receive post-investment?
Scout Ventures adds value to its portfolio companies by leveraging its extensive network, providing strategic guidance, and facilitating access to resources that enhance innovation and growth. The firm emphasizes founder support and well-being, fostering a collaborative environment for entrepreneurs.
What is the fund size and investment history of Scout Ventures?
Scout Ventures currently manages a fund size of $125 million, with a history of investing in over 50 companies. The firm has a strong track record in early-stage investing, particularly in sectors related to dual-use technologies.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.