The Venture Codex Logo

The Venture Codex

Overview

Investment firm focused on small-cap growth in healthcare and tech.

Founded

2006

Deals ยท 12mo

3

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

Financial Services
Health Care
Security

Investment portfolio

34rounds
NAMEDATESIZE
Buildforce
Jul 2026Participated
$10 MSeries A
Ognomy
Jul 2026Participated
$20 MSeries A
Vend Park
Nov 2025Led
$18 MSeries A
BlackCloak
Sep 2024Participated
$17 MSeries B
CSA Medical
Sep 2024Participated
$53 MSeries D
Tava Health
Mar 2024Participated
$20 MSeries B
Redi.Health
Feb 2024Led
$14 MSeries B
Proof Technology
Jan 2024Participated
$30 MSeries B
ShiftMed
Feb 2023Participated
$200 MOther Equity
AnswerNow
Feb 2023Participated
$11 MSeries A
AnswersNow
Feb 2023Participated
$11 MSeries A
Authenticx
Jan 2023Led
$20 MSeries B
Buildforce
Jul 2026Participated
$10 MSeries A
Ognomy
Jul 2026Participated
$20 MSeries A
Vend Park
Nov 2025Led
$18 MSeries A
BlackCloak
Sep 2024Participated
$17 MSeries B
CSA Medical
Sep 2024Participated
$53 MSeries D
Tava Health
Mar 2024Participated
$20 MSeries B
Redi.Health
Feb 2024Led
$14 MSeries B
Proof Technology
Jan 2024Participated
$30 MSeries B
ShiftMed
Feb 2023Participated
$200 MOther Equity
AnswerNow
Feb 2023Participated
$11 MSeries A
AnswersNow
Feb 2023Participated
$11 MSeries A
Authenticx
Jan 2023Led
$20 MSeries B
34
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Blue Heron Capital: 34 funding rounds are recorded in the selected participation categories.All available history.
Blue Heron Capital: 34 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A65
Series B46
Series C+06
Other Equity25

Monthly Deal Activity

Blue Heron Capital: 34 deals are recorded across 184 months.All available history.
Blue Heron Capital: 34 deals are recorded across 184 months. All available history
MonthDeals
Jul '111
Aug '110
Sep '110
Oct '110
Nov '110
Dec '111
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '121
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '131
May '130
Jun '130
Jul '131
Aug '130
Sep '130
Oct '130
Nov '130
Dec '131
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '141
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '151
Nov '151
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '161
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '171
Nov '170
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '191
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '201
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '212
Nov '210
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '231
Feb '233
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '241
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '242
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

Blue Heron Capital: Health & Life Sciences is the largest displayed sector by deal count (20 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.

Blue Heron Capital: Health & Life Sciences is the largest displayed sector by deal count (20 deals). All available history
SectorDeals
Health & Life Sciences20
Networks, Cloud & Communication8
Enterprise Software7
Data, Analytics & IT6
Professional Services6
Cybersecurity & Privacy4
Consumer & Lifestyle3
AI & Machine Learning3
Education & Workforce2
Real Estate & Construction2
Hardware & Robotics2
Manufacturing2
Media & Entertainment2
Social & Community Platforms2
Travel & Hospitality1
E-Commerce & Retail1
Marketing & Advertising1
Fintech1

Deal Size Distribution

Blue Heron Capital: 34 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.

Blue Heron Capital: 34 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M4
$10M-$25M21
$25M-$50M4
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Blue Heron Capital: United States has the largest recorded deal count among the displayed regions (34 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Blue Heron Capital: United States has the largest recorded deal count among the displayed regions (34 deals). All available history
RegionDeals
United States34
Blue Heron Capital: 20 co-investors are shown, with First Analysis sharing 4 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.

Investment Strategy

Blue Heron Capital: Led accounts for 35% and participating for 65% of round participation.All available history.
Blue Heron Capital: Led accounts for 35% and participating for 65% of round participation. All available history
CategoryDeals (count)Share (%)
Led1235%
Participating2265%
Blue Heron Capital: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Blue Heron Capital: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead867%
Co-led433%

Team

Andrew Tichenor

Co-Founder & Managing Partner

John Alexander

Business Team

John Whitlock

Business Team

Linda Gardner

Co-Founder

Sam Sezak

Partner

Satya Rangarajan

Part of the Industry Advisory Network

Tom Benedetti

Co-Founder & Managing Partner