Stony Lonesome Group

Overview

Stony Lonesome Group is a boutique venture capital firm specializing in mission-focused investments in dual-use technology companies. Founded in 2011, the firm has invested over $100 million across more than 70 early and later-stage companies, with a strong emphasis on supporting military veteran entrepreneurs. Their investment thesis centers on dual-use technologies that impact at the speed of innovation, rather than the speed of government. The firm's investment strategy spans various sectors, including national security, cybersecurity, critical infrastructure protection, big data, artificial intelligence, machine learning, blockchain, robotics, military medicine, healthcare, veteran care, veterans' affairs, health, fitness, and sports. They invest across the capital structure, including equity, debt, and short-term credit financings, with typical investments ranging from $250,000 to $1 million, and syndicating larger deals in the $1 million to $10 million range. Stony Lonesome Group has a notable track record of backing veteran-led companies, with over 80% of their investments supporting entrepreneurs or management teams with military service backgrounds. Their portfolio includes companies like ID.me, StreetShares, Neuroflow, and Cyberspatial. The firm also launched Pathfinder Solutions Group, a consulting firm that serves as a value-added reseller for its portfolio companies, assisting them in gaining critical early customer traction, particularly within the Department of Defense and government sectors. In June 2024, Stony Lonesome Group announced a strategic partnership with Freedom First Corp, a subsidiary of RTB Ventures, which became the anchor investor in their fifth fund, Stony Lonesome Capital Special Reserve II LP. This partnership aims to provide growth capital to the best companies from previous funds and the most promising dual-use growth opportunities, further solidifying Stony Lonesome Group's commitment to supporting veteran entrepreneurs and mission-focused investments.

Investment Focus

• Dual-use technology focus
• Military veteran founders or management teams
• Mission-focused impact
• Early to late-stage companies
• Investments across equity, debt, and short-term credit financings

Portfolio Companies