Trae Stephens
VCPartner & Director, Founders Fund
Defense tech specialist, Anduril co-founder partner
San Francisco, CA2 notable investments
SeedSeries ASeries B+
DefenseAIDeep TechInfrastructureSecurity
Background
Trae Stephens joined Founders Fund in 2014 after a career at Palantir Technologies, where he led teams focused on intelligence and defense. He co-founded Anduril Industries in 2017 alongside Palmer Luckey, and the company raised a Series G in 2025 that made Stephens a billionaire. He focuses on startups building technology for government and defense customers. He graduated from Georgetown's School of Foreign Service.
Investment Thesis
Invest in companies building technology for the U.S. government and defense sectors
Investment Focus
Stages
SeedSeries ASeries B+
Sectors
DefenseAIDeep TechInfrastructureSecurity
Based in: San Francisco, CA (North America)
Notable Investments
Last updated: Jun 11, 2026