Decisive Point, a Beacon, NY-based venture capital and advisory firm focused on investing in technology for government, public safety, and defense, held the initial close of Decisive Point Ventures Fund I, LP. with a final closing anticipated to occur later in 2021 for a total of $10m.
Led by Thomas Hendrix, Fund I will invest in early-stage companies with dual-use applications in both the government and commercial markets. Decisive Point supports mission-driven founders and teams, both as a strategic advisor and investor, as they build solutions that serve the Nation.
Through its advisory practice, the firm has built a portfolio of early-stage technology companies by serving as an advisor and partner in capturing federal business. Decisive Point’s advisory business creates meaningful value for companies and unique insights into each of its portfolio companies.
The firm currently employs a growing team of seven professionals. The team consists of experts from both government and the private sector, with backgrounds in federal procurement, government contracting, venture capital, as well as seasoned combat veterans from the U.S. military.