Moonshots raises $20 mln for its inaugural fund


Moonshots Capital, a seed-stage venture firm founded by military veterans and serial entrepreneurs-turned VCs, announced it has raised $20 million for its inaugural fund. LPs include Dave McCormick, Co-CEO of Bridgewater Associates. The firm, led by Managing Partners Kelly Perdew and Craig Cummings, has offices in Los Angeles, California and Austin, Texas. Moonshots said it has already invested in four deals, including cybersecurity company New Knowledge and business travel booking provider Shep.

Source: Moonshots announcement

Update: The above brief was updated after initial publication when the amount raised grew to $20 million.

For additional info, VCJ subscribers can read a feature story on Moonshots from June: “Moonshots Capital, led by and investing in military vets, rockets from angel to venture.”

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