The Venture Codex

Participated · Series A · Jun 2026

Trovy builds a consumer fintech platform that gives homeowners access to low-cost capital by turning home equity into on-demand financing via its flagship home equity–backed credit card. The platform pairs financing with a homeowner hub offering maintenance reminders, document storage, and rewards tailored to homeowner spending. Trovy launched its first product in June 2025, is live in 27 states and licensed in 30, and issues its card through Cross River Bank under a Mastercard license. The company plans to launch a second product, the 1Loan HELOC for purchases and refinances, and to deepen its product suite and team as it scales nationally. Trovy positions itself as a financial home base for America's homeowners, aiming to serve the roughly 85 million homeowners referenced in its materials.

Participated · Series C · Mar 2026

Cents offers an all-in-one platform for laundry businesses combining AI-native business management software, proprietary hardware, and integrated payments. The company provides tools including point-of-sale systems, on-machine payments, marketing automation, AI customer service, and pickup & delivery services. Cents is trusted by over 4,500 laundromat locations and processes $1 billion in payments annually. The firm positions itself as the leading operating system for laundromats, dry cleaners, and multi-family laundry operations. With the Series C, Cents plans to accelerate its AI-powered product suite, expand its product line, invest in payment hardware infrastructure, and enhance support and customer experience. The company emphasizes partnerships with route operators and equipment distributors as part of its go-to-market strategy.

Led · Seed · Jan 2026

Whale modernizes the traditional rental security-deposit system by allowing renters to keep their deposits in individually owned, high-yield, FDIC-insured savings accounts that landlords can access if needed. Operated as a Registered Investment Advisor regulated by the SEC, the platform offers yields up to seven times the national average and full transparency for residents. For property owners and managers, Whale eliminates the compliance, accounting, and administrative load associated with collecting, holding, and returning deposits, integrating seamlessly into existing leasing workflows. The company already supports more than 500,000 multifamily units across institutional operators such as Mill Creek, Berkshire Residential, Cardinal Group, Rudin, and Urby. Whale targets the estimated $60 billion pool of largely idle U.S. security-deposit capital, positioning these funds as a pathway to financial wellness for America’s 44 million renter households. Led by founder and CEO Jamie Petraglia, a 25-year finance and real-estate veteran, Whale aims to scale nationally by partnering with additional operators and expanding its renter-focused financial tools. The firm promotes a “win-win” model in which landlords remain fully protected while renters build savings and credit. No revenue figures were disclosed, but the rapid adoption across half a million units underscores early traction and market demand.

Led · Equity · Dec 2025

SERHANT, founded and led by celebrity broker Ryan Serhant, began as a residential real-estate brokerage and has since expanded into media production and agent education services. The company is now channeling resources into technology, with plans to launch S.MPLE—described by Serhant as "Instacart for salespeople"—to streamline sales workflows. Fueled by rising listings, new agents, and office expansion featured on Netflix’s Owning Manhattan, the firm is positioning itself as a full-stack real-estate and prop-tech platform. In June 2024 Serhant accepted a $45 million equity investment led by Camber Creek with participation from Left Lane Capital, capital that will underwrite the firm’s tech build-out and broader growth initiatives. Although specific ownership details were not disclosed, Serhant remains both CEO and majority shareholder. The infusion gives the company additional runway to scale its brokerage footprint, enhance its media reach, and roll out new digital tools. No revenue or user metrics were disclosed in the article.

Participated · Series B · Nov 2025

Maybern builds fund-management infrastructure that unifies fund, investor, and investment data into a single performance book of record. Its cloud platform replaces spreadsheets and manual workflows with automated controls, real-time analytics, and governance tools, enabling CFOs to shift from reactive reporting to strategic insight generation. Over the past year the company recorded 4.6× year-over-year growth and now supports more than $80 billion in assets under management across clients such as Madison Realty Capital, Gauge Capital, Town Lane, and Derby Lane Partners. Maybern positions its software as the data foundation that makes AI reliable for private-markets workflows. With the new financing, the company will expand R&D and roll out additional AI-driven tools to further automate fund operations, streamline audits, and enhance reporting. Founded in New York City, Maybern has raised $76 million in total funding to date.