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Stony Lonesome Group

Sean Drake's Stony Lonesome Group has deployed $125M into dual-use startups since 2011, with over 80% of its 70+ portfolio companies led by military...

Stony Lonesome Group

Stony Lonesome Group

Stony Lonesome Group was founded in 2011 by Sean Drake and operates from Tampa, Florida. The firm focuses on early-stage and growth companies developing dual-use technology — products with both government and commercial applications — with over 80% of its portfolio companies led by military veterans. Since inception, the firm has deployed $125M across more than 70 companies, targeting sectors including artificial intelligence, cybersecurity, healthtech, quantum computing, unmanned aerial vehicles, and deep tech (per the firm, 2025). The firm invests primarily through direct equity and co-investment structures, covering seed through late-stage rounds. Geographic concentration is domestic, with portfolio operations spanning the United States. Exits and active positions are not publicly itemized, though confirmed peer recognition includes ID.me and Upskill, both named Washington DC Tech Titans in 2018. Stony Lonesome Group operates with a lean core team led by Drake, supported by Partners Brooks Bash and Don Noble, and a network of military and medical advisory boards. General Partner Patrick Murphy anchors the Military Advisory Board. The firm relocated its headquarters to Tampa in 2021. In 2024, the firm renewed its emphasis on veteran-led startups, a through-line since launch — three of its founders were named to the Inc. Magazine Top 20 Military Veteran Tech Entrepreneurs list in 2016. Stony Lonesome Group’s structural differentiator is its embedded military-operating model. Rather than sourcing deals through a conventional VC network, the firm builds a dedicated “SLG Deal Team” for each portfolio company, drawing on former Special Forces, intelligence, and defense-acquisition professionals to diligence and actively manage investments — a sourcing and oversight architecture uncommon outside of dedicated government-contracting funds.

General information

Firm type

Private Equity

Year founded

2011

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Tampa

Corporate office

5001 Bridge St Unit 1413, Tampa, FL 33611, United States

Principals

Sean Drake

Founder & Managing Partner

Patrick Murphy

General Partner & Military Advisory Board

Brooks Bash

Partner

Don Noble

Partner

Sector focus

AI/MLCybersecurityDigital HealthEnterprise SoftwareRobotics & AutomationSpaceTech

Frequently asked questions

What sectors does Stony Lonesome Group target?

The firm concentrates on dual-use technologies across AI, cybersecurity, healthcare, quantum computing, unmanned aerial vehicles, and deep tech. Its investment thesis favors products that can scale in both government and commercial markets simultaneously.

Who runs investment decisions at Stony Lonesome Group?

Founder and Managing Partner Sean Drake leads investment decisions. He is supported by Partners Brooks Bash, Don Noble, and General Partner Patrick Murphy, who chairs the Military Advisory Board and brings direct defense-sector sourcing capabilities.

Is Stony Lonesome Group a single family office or a venture firm?

Stony Lonesome Group operates as a venture capital firm, not a family office. It accepts limited-partner capital and has deployed $125M across more than 70 companies since 2011 (per the firm).

How does Stony Lonesome Group source proprietary deal flow?

The firm builds an 'SLG Deal Team' for each investment, staffed by former Special Forces operators and defense-acquisition veterans who originate and diligence opportunities within the national-security ecosystem. Over 80% of portfolio companies are led by military veterans, reflecting deep sourcing ties to the veteran-entrepreneur community.

What investment stages does Stony Lonesome Group typically target?

SLG invests from seed through late-stage growth rounds. Its public materials emphasize early-stage dual-use companies, though the portfolio spans more than seventy companies across the startup lifecycle.

Does Stony Lonesome Group participate in fund commitments or only direct deals?

The firm structures investments as direct equity and co-investments. There is no public indication of fund-of-funds commitments or limited-partner positions in peer venture funds.

Does Stony Lonesome Group maintain a specific veteran mandate?

Veteran-led entrepreneurship is central. SLG reports that over 80% of its portfolio companies are founded or managed by military veterans, and its operating model deliberately integrates former military personnel into diligence and portfolio management. It has also been recognized for creating more than 1,000 jobs for veterans and their spouses.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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