Hivers and Strivers is a venture capital firm that provides early-stage funding to startups founded and run by graduates of the U.S. military academies. The firm was founded in 2012 by a group of military veterans who wanted to invest in and support the entrepreneurial spirit of their fellow veterans.
Hivers and Strivers typically invests between $250,000 and $1 million in startups, and focuses on a variety of industries, including technology, healthcare, manufacturing, and consumer products. The firm’s investments are typically in the form of equity, meaning that they become part owners of the company in exchange for their investment.
One unique aspect of Hivers and Strivers is its focus on investing in companies founded and run by military veterans. The firm believes that veterans have the skills and experience necessary to succeed as entrepreneurs, and that supporting veteran-owned businesses is a way to give back to those who have served their country.
Hivers and Strivers has invested in a number of successful startups, including Shield AI, a company that develops autonomous systems for the military and first responders, and Heat Biologics, a biotechnology company that develops immunotherapies for cancer and infectious diseases.
Overall, Hivers and Strivers is a unique venture capital firm that is dedicated to supporting and investing in veteran-owned businesses.