Our Story

We are a Veteran-led venture capital firm uniquely focused on investing in high performing, accomplished, and commercially-tested former military and national security leaders building early stage technology (B2B) and technology enabled businesses.

Established in 2015, TFX Capital originated from an unmet need identified by a unique set of founders: former military leaders. Those who have served in the military are 45% more likely to start a business than those without military experience. Approximately 10% or 2.5 million small businesses in the U.S. are founded and led by military veterans despite less than 1% of America’s adult population serving. We believe this level of outperformance by such a small population of leaders is attributable to how those individuals developed, learned leadership and people management skills, leveraged technology at scale, and operated in dynamic, high risk environments during the early years of their professional careers (ages 18-25) via the military. While not all veterans who transition to commercial careers will become successful entrepreneurs, the talent pool is rich.

Capital raising for these founders, however, remains an enormous challenge as gaps in understanding their military experience and capabilities persist. While the U.S. military continues to be one of the world’s largest investors in leadership training and technology development, the current venture capital landscape struggles to identify, engage and value technology startups founded and led by those who have had proven military and commercial success.

TFX Capital aims to partner with select, former military leaders by providing smart capital and network-driven support.

We see the presence of a military veteran on a founding team as a potential source of investment alpha. As veterans ourselves we have unique access to this community of founders and offer a unique risk management approach via the common bond we share. We can get to moments of trust and transparency rapidly and in a way that many investors cannot. We know how to coach, mentor and support the teams they build to get the best out of them. We are able to de-risk and enhance investment outcomes by getting in the trenches with them and activating the veteran and pro-military tribe across corporate enterprises. We are a venture capital firm founded by veterans for veteran founders; we aspire to deliver above market returns for our investors with these leaders.

TFX Capital is a proud member of the National Venture Capital Association (NVCA) and the Impact Capital Managers (ICM) network.

To persevere I think is important for everybody. Don’t give up, don’t give in. There’s always an answer to everything.

Louie ZamperiniUS Prisoner of War Survivor