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The Venture Codex

Asylum

251 Little Falls Drive, Wilmington, DE, 19808, USA

Overview

Asylum Ventures is a venture firm dedicated to the creative act of building companies.

Total investments
2
Lead investments
0
Investments · 12mo
2
Active investors
2

Sector focus

  • Venture Capital
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Investment portfolio

  • Kanurra

    Participated · Equity · Jul 2026

    Kanurra is building routing and administrative infrastructure aimed at reducing drug costs for small and midsize employers. The company was founded by Semih Gultekin after he left Aviary Health. Kanurra has attracted early demand from brokers, third-party administrators and captives and says its first customers are ready to start on the platform. It is hiring for a pharmacist to lead clinical work, operators for implementation and service, sales and go-to-market staff, and engineers. Financially, the company has raised $6.35 million in its announced seed financing to fund product development and hiring. The articles do not report revenue, user counts, or prior funding rounds.

  • The Clearing Company

    Participated · Seed · Aug 2025

    The Clearing Company is developing a new type of prediction market that it describes as onchain, permissionless and regulated. The startup is led by CEO Toni Gemayel, a former head of growth at Polymarket and Kalshi, and includes other staff who previously worked at Polymarket. The product will compete directly with incumbent prediction-market platforms such as Polymarket and Kalshi. The company has signaled early-market traction through fundraising, completing a $15 million seed round. The article notes wider industry interest—Coinbase has said it plans to expand into prediction markets—and cites Polymarket’s 286,000 active traders in July as context. The announcement does not disclose The Clearing Company’s revenue or user metrics.

Team