The Venture Codex Logo

The Venture Codex

2.12 Angels

17 Salt Landing, Tiburon, CA, 94920, United States

Overview

Investment firm focused on pre-seed/seed enterprise companies using AI.

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Spain
United States

Sector focus

Financial Services
Venture Capital

Investment portfolio

9rounds
NAMEDATESIZE
Safebooks
Dec 2025Participated
$15 MSeed
Catena
Sep 2025Participated
$5 MSeed
Ampersand
Apr 2023Participated
$5 MSeed
Archy
Nov 2022Participated
$10 MSeed
Kona
Jul 2022Participated
$4 MSeed
Ahura AI
Nov 2021Participated
$3 MSeed
Klasha
Oct 2021Participated
$2 MSeed
Compa
Aug 2021Participated
$4 MSeed
Lang.ai
Feb 2021Participated
$2 MSeed
Safebooks
Dec 2025Participated
$15 MSeed
Catena
Sep 2025Participated
$5 MSeed
Ampersand
Apr 2023Participated
$5 MSeed
Archy
Nov 2022Participated
$10 MSeed
Kona
Jul 2022Participated
$4 MSeed
Ahura AI
Nov 2021Participated
$3 MSeed
Klasha
Oct 2021Participated
$2 MSeed
Compa
Aug 2021Participated
$4 MSeed
Lang.ai
Feb 2021Participated
$2 MSeed
9
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

2.12 Angels: 9 funding rounds are recorded in the selected participation categories.All available history.
2.12 Angels: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed09

Monthly Deal Activity

2.12 Angels: 9 deals are recorded across 69 months.All available history.
2.12 Angels: 9 deals are recorded across 69 months. All available history
MonthDeals
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '210
Oct '211
Nov '211
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

2.12 Angels: AI & Machine Learning is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

2.12 Angels: AI & Machine Learning is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
AI & Machine Learning6
Enterprise Software4
Networks, Cloud & Communication2
Fintech2
Education & Workforce1
Health & Life Sciences1
Professional Services1
Data, Analytics & IT1
Transportation & Logistics1

Deal Size Distribution

2.12 Angels: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

2.12 Angels: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M1
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

2.12 Angels: United States has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

2.12 Angels: United States has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
United States8
Europe1
2.12 Angels: 20 co-investors are shown, with Plug and Play sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

2.12 Angels: 20 co-investors are shown, with Plug and Play sharing 2 recorded deals. All available history
Co-investorShared deals
Plug and Play2
10D1
Acadian Ventures1
Adapt Ventures1
Alumni Ventures1
Alven1
Base Case Capital1
Base10 Partners1
Basecamp Fund1
Berrywood Capital1
Bessemer Venture Partners1
Blue Impact1
Cerca Partners1
CP Ventures1
Crosscut Ventures1
CRV1
Diagram Collective1
Evolution Equity Partners1
Evolutionary Ventures1
Expert Dojo1

Investment Strategy

2.12 Angels: Led accounts for 0% and participating for 100% of round participation.All available history.
2.12 Angels: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating9100%
2.12 Angels: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
2.12 Angels: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Benjamin Orthlieb

Co-Founder and General Parnter

Olivier Legrand

Limited Partner