The Venture Codex Logo

The Venture Codex

Bonfire Ventures

725 Arizona Avenue #400, Santa Monica, CA, 90401, United States

Overview

Bonfire Ventures leads Seed rounds for business software solutions company founders transforming the industries they target.

Total investments
94
Lead investments
41
Investments · 12mo
10
Active investors
9

Sector focus

  • B2B
  • Finance
  • Financial Services
  • Venture Capital
Visit website

Investment portfolio

  • Katalyze AI

    Led · Seed · Jul 2026

    Katalyze AI provides an agentic operating system for pharmaceutical companies that unifies fragmented production data into a single source-grounded record and runs a catalog of domain-trained agents. The company is led by CEO Reza Farahani and is based in Mountain View, CA. Its platform is already deployed across five of the 20 largest global pharma companies. Katalyze reports that its solution has enabled pharma teams to deliver 10 million medication doses to patients. The company intends to use the Seed proceeds to expand operations and accelerate product development. The article does not disclose revenue, valuation, or prior funding details.

  • Vali Health

    Participated · Equity · Jun 2026

    Vali Health has developed an AI-native, 24/7 safety infrastructure and autonomous agents designed to automate workforce management and coordination for home care agencies. The company positions its platform to ensure continuity of care while maintaining trust and safety, and claims it can save mid-sized agencies upwards of 20 hours per week. Founded by Serena Dang (CEO) and Jason Wu (CTO), Vali launched commercially and saw 400% growth in its first 12 months. It now serves agencies in nearly 100 locations across 30 states. The company intends to use the newly raised $6M to expand operations and widen its business reach. The article does not disclose revenue figures or prior funding rounds.

  • Ranger AI

    Led · Seed · May 2026

    Ranger AI builds an autonomous software infrastructure that deploys specialized AI agents trained on each organization’s technical blueprints to manage workflows from Inquiry to Order for complex RFPs, Order to Remittance, and technical and commercial bid evaluations. The platform is designed to replace manual, fragmented workflows across the industrial revenue cycle and has been deployed on more than 1,000 projects. Customers cited in the article include Celeros Flow, Farabi Petrochemical, MRP Solutions, and Pace Solutions, and the company reports accelerating tendering timelines by up to 50% for those users. Led by founder and CEO James Zhan and based in San Francisco, Ranger AI plans to broaden platform deployment across legal, engineering, and commercial workflows and to expand its engineering team. The company’s immediate financial plan includes using the newly raised seed capital to advance its agentic operating system and scale deployments.

  • Juno

    Led · Seed · Apr 2026

    Juno provides an AI-powered tax preparation automation platform built for tax professionals, designed to handle manual work behind return preparation. Key product features include real-time processing, source-to-return traceability with side-by-side comparisons and bounding boxes, extraction from 92+ document types, and deep integrations with major tax software and tools like TaxDome and K1x. The system also offers automatic error flagging to identify prior-year changes and source-to-return inconsistencies so reviewers can focus on exceptions. Juno is led by founder and CEO David Haase and is headquartered in San Diego, California. Following its $12M Seed raise, the company plans to expand operations and accelerate development of its platform.

  • Odynn

    Led · Seed · Feb 2026

    Odynn offers a white-label, API-driven platform that helps financial institutions and travel companies embed travel, loyalty, and rewards features directly into their products. The system uses AI to personalize offers and drive cardholder engagement, creating new revenue streams for its clients. Current integrations include partnerships with Wildfire, Plusgrade, and Duffel, which extend the platform’s travel and booking capabilities. Odynn’s customer roster already features large enterprises such as ANZ Bank, Flight Centre, Bilt Rewards, Curve, Loop, and Fasten Rewards, underscoring early market traction. The company plans to channel new capital into go-to-market acceleration while scaling its engineering and data science teams to enhance product functionality. Although specific revenue or user metrics were not disclosed, the presence of major financial and travel clients signals meaningful commercial adoption.

Team

  • Mark Mullen

    Co-Founder & Managing Director

    LinkedIn
  • Jim Andelman

    Co-Founder & Managing Director

    LinkedIn
  • Deb Goldstein

    Head of Marketing & Platform

    LinkedIn
  • Brett Queener

    Partner & Managing Director

    LinkedIn