Moonshots Capital

Overview

Moonshots Capital is a seed-stage venture capital firm founded by military veterans and serial entrepreneurs. It invests in early-stage technology companies led by exceptional leaders, particularly military veterans or serial entrepreneurs, providing capital along with operational support, strategic guidance, and networks. The firm manages multiple funds and has invested in over 40 companies across sectors like fintech, cybersecurity, consumer internet, and web3, with notable portfolio companies including Slack, Robinhood, and ID.me.

History

Moonshots Capital was founded in 2014 by Kelly Perdew and Craig Cummings, leveraging their military and entrepreneurial backgrounds after investing in tech startups since 2004. The firm has deployed over $65 million through syndicate vehicles and formal funds, including Moonshots Capital Fund 2 closed in 2020 and Fund 3 opened in 2022. It maintains offices in Austin, Los Angeles, and Florida, focusing on seed and Series A investments in companies with proven traction.

Notable Products

• Moonshots Capital Fund 3 - Latest fund opened in June 2022 targeting early-stage tech investments.
• Moonshots Capital Fund 2 - Fund closed in June 2020, part of the firm's series of managed vehicles.
• Slack investment - Early investment in the workplace communication platform.
• Robinhood investment - Investment in the commission-free trading platform.
• ID.me investment - Investment in the digital identity verification service.

Reputation

Moonshots Capital is regarded as a specialized VC firm excelling in supporting veteran-led and high-potential startups through hands-on involvement like board seats. Professionals value its military-derived leadership expertise and networks in government and private sectors. It maintains a niche reputation rather than broad market dominance, with a track record of successful exits in prominent tech companies.