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The Venture Codex

Ari

1417 6th Street, Ste 301, Santa Monica, CA, 90401, United States

Overview

Applied Real Intelligence LLC ("A.R.I."​) is an investment manager focused on providing debt financing solutions to innovative, high-growth, VC-backed companies in recession-resistant sectors and underserved regions throughout North America. A.R.I. has dual missions of: (1) providing the Fund’s investors with exclusive access to “innovation” as an asset class, superior risk-adjusted returns, security of capital, and strong portfolio diversification benefits; (2) democratizing access to capital for all types of early-stage founders, including women, people of color, and other underrepresented groups. The strategy consists of short duration, floating-rate senior secured term loans combined with equity 'kickers' to VC-sponsored, revenue-generating companies.  Loans range from $3mm to $30mm with equity warrant coverage of 5-20%

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
1

Sector focus

  • Financial Services
  • Venture Capital
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Investment portfolio

  • Mona Lee Solar

    Led · Debt Financing · Jan 2025

    Monalee is a Boston, MA-based climate technology company focused on accelerating adoption of home solar, storage, and EV charging. It provides Artemis, an AI-powered platform that helps solar installers and energy providers generate precise 3D solar designs in under 10 seconds, provide financing comparisons, and streamline the fulfillment process. The platform is designed to help solar companies reach new customers, increase revenue, and improve the customer experience. The company intends to use new financing to accelerate growth while minimizing equity dilution for its founders. Monalee has raised over $13M in equity capital from investors in the technology and consumer sectors, including Ludlow Ventures, Shrug VC, Coalition Operators, Plug and Play Ventures, Palm Tree Crew, and The Pags Group. The company is led by CEO Walid Halty. Mona Lee is a solar installation company based in Boston, MA that offers an AI-powered design and buying experience for homeowners. Led by CEO Walid Halty, the company aims to simplify purchasing and installing complete solar panel systems to enable home self-sufficiency and sustainability. It currently operates in over seven states and is acquiring more than 150 new customers per month. The company reports an average cost-per-order of $28,000. Mona Lee intends to use the seed funding to expand operations and broaden its business reach. The business is focused on making solar installation affordable for homeowners while scaling its geographic footprint and customer base.

Team

  • Zachary Ellison

    Managing General Partner

    LinkedIn