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Snowpoint Ventures
Venture capital firm; participated in Elroy Air's January 2025 funding round.
Snowpoint Ventures is a venture capital firm founded in 2021 and headquartered in Palm Beach, Florida, that invests in dual-use companies at the intersection of data, deep tech, and frontier technology, with a focus on defense, aerospace, and national-security-relevant sectors. Co-founded by Alex Creasey and Doug Philippone (formerly Head of Global Defense at Palantir). Portfolio includes Shield AI, Gecko Robotics, Red 6, Elroy Air, Merlin, Moxion Power, and FlightWave Aerospace.
Overview
- Firm
- Snowpoint Ventures
- Headquarters
- Palm Beach, FL, USA
- Founded
- 2021
- AUM
- ~$396 million (per SEC Form ADV, aggregate private-fund gross assets, filed 2026-03-31; the firm's own website claims ~$1B, unverified)
- Stages
- Thesis
- Helps next-generation companies "navigate the unique challenges and associated risks of creating innovative technologies that improve national security and societal resilience," targeting the intersection of data, deep tech, and frontier tech.
Portfolio companies2
Partners0
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Frequently asked
- What is Snowpoint Ventures?
- Helps next-generation companies "navigate the unique challenges and associated risks of creating innovative technologies that improve national security and societal resilience," targeting the intersection of data, deep tech, and frontier tech.
- How much does Snowpoint Ventures manage?
- Snowpoint Ventures manages ~$396 million (per SEC Form ADV, aggregate private-fund gross assets, filed 2026-03-31; the firm's own website claims ~$1B, unverified) in assets, and was founded in 2021.
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