Cathexis Ventures
1000 Louisiana Street, Suite #7000, Houston, Texas, 77002, United States
Overview
Cathexis Ventures is the venture arm of Cathexis Holdings, a single-family office based in Houston Texas. Minimum check size $100k, max $10M for seed stage companies. Typically $250k checks.
- Total investments
- 29
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Legistify
Participated · Series A · Sep 2023
Legistify offers a comprehensive LegisTrak platform that helps enterprises manage legal contracts, cases, IP, legal notices, and compliance through customizable and automated modules. The platform leverages artificial intelligence to provide data insights for decision-making and to enhance ROI. A notable product initiative is LegisTrak 2.0, recently introduced to streamline legal processes for businesses. The company will use the Series A proceeds for product enrichment and innovation, international business expansion, and strengthening its domestic customer base. As of the reported round, Legistify has raised over $5 million in total and specifically closed a $4.0M Series A in September 2023. The company was founded by Akshat Singhal in December 2014 and operates as Legistify Services Private Limited. Legistify operates a tech-enabled legal concierge platform that connects users with legal services. The company offers a technology-driven approach to deliver legal support and concierge services. Recent reporting focuses on its completed pre-Series A raise and tendered partial stake sale to early investors. Founders executed a transaction that produced a 5x cash payout for a subset of early backers, who nonetheless continue to hold minority stakes. The round and stake-sale details were disclosed in a company press release. No operating metrics or revenue figures were provided in the article.
- BBy
Participated · Equity · May 2023
BBy sells a patent-pending device and process that converts donor breast milk into shelf-stable powder that retains nutritional and immunological properties and remains stable for up to six months. The company packages powdered milk in one- and two-ounce aluminum packets and delivers to hospitals every two weeks, removing freezer needs and reducing waste. BBy processes roughly 10 gallons of breast milk twice daily across eight regional processing facilities serving 17 client hospitals, with a main research facility in Guadalajara, Mexico. The U.S. FDA has designated BBy’s technology as a food device and does not require further medical review. The company is averaging about $800,000 in revenue per month (approaching $10 million annually) and expects to double revenue in the next year as hospital contracts close. Future product plans mentioned include developing more user-friendly versions of the device for individual use, though current focus remains on hospitals.
- Careerist
Participated · Series A · May 2023
Careerist is an ed-fintech marketplace connecting motivated learners, teachers, and employers to finance and train underserved U.S. jobseekers for technology careers. The platform runs software- and freelance-instructor-led training, provides career coaching, job placement assistance, and ongoing mentorship, and automates students' job searches. In 2023 Careerist launched an initiative to underwrite loans for applicants with credit scores below 620 and plans to provide up to $12M in installments that year. Its loan product targets applicants with an SSN and credit scores under 620, offers up to 24-month repayment terms, an average APR of 18%, and requires a $499 down payment for low-credit students. The company was founded in 2019, participated in Y Combinator's Spring 2021 cohort, and has grown to a team of over 100 employees. Careerist recently raised $8 million in a Series A. Careerist operates a career-development platform that trains people without tech or coding backgrounds for roles such as software testing and then applies its students for jobs in the U.S. tech industry. Students pay an initial application fee and sign an Income Share Agreement to pay full tuition only if they land a job. The platform also helps graduates grow into more advanced roles after placement. Careerist graduates have secured jobs at major companies including Google, Apple, Amazon, Slack, Salesforce, Samsung, Verizon, AT&T, Snap, and Facebook. The company was founded in March 2019 by CEO Ivan Tsybaev and is Sunnivale, Calif.-based. Recent fundraising and product plans are positioned to support continued growth and scaling of its offering.
- BlueCargo
Participated · Equity · Feb 2023
BlueCargo builds a software platform that aggregates port terminal data to track containers, manage gate schedules, and handle dispatching, planning and scheduling for trucking companies and shippers. The company connects to ports (rather than selling to them) and positions itself as an interface between ports and trucking companies rather than a replacement for truck management systems. Its platform tracks demurrage, detention and per diem fees, secures appointments for pick-ups and drop-offs, and generates supporting documentation to dispute late fees. BlueCargo pivoted in 2019–2020 from optimizing container stacking at terminals to this dispatching and scheduling focus. The company has raised $11 million in a new round and is currently focused on the U.S.; the article cites Forrest Logistics saving more than $5 million in fees using BlueCargo and notes late fees ballooned to "tens of millions" in 2021–2022. BlueCargo plans to bring shipping companies onto the platform so they can flag priority containers and may expand to other intermodal transport such as rail in the coming years. BlueCargo builds software to optimize how containers are stored in seaport terminal yards so the first container scheduled to leave is at the top of the pile, reducing unproductive moves. The system leverages extensive data on each container — origin, container type, full/empty status, ship, seasonality and more — to train models after ingesting a terminal's historical data. It integrates with existing ERP solutions and crane workflows (cranes already scan container IDs) and can push positioning guidance to crane operators. In modeling work at Saint‑Nazaire the company estimated a 22% reduction in container shifting and plans to test its solution there in December. BlueCargo charges fees based on realized shifting savings (taking 30% of what shifting would have cost under the old model) and aims to be minimally disruptive to terminal workflows. The startup is part of Y Combinator’s latest batch and is in discussions with larger ports including Long Beach; winning adoption from the six dominant terminal-management players would be a significant commercial opportunity.
- Recall.ai
Participated · Seed · Dec 2022
Recall.ai offers a unified API that abstracts the complexity of building and scaling meeting and conversation capture across platforms like Zoom, Google Meet, Microsoft Teams, and Slack Huddles. The platform supplies recordings, transcripts, and metadata in near real time (metadata available within 10 seconds after a meeting ends), enabling developers to embed conversation-aware AI features quickly. Recall.ai processes over three terabytes per second of raw video through custom pipelines and launches over eight million EC2 instances monthly to support its infrastructure. The company serves over 2,000 customers, including HubSpot, ClickUp, and Apollo.io, and processes millions of meetings monthly. Product expansion plans include Desktop Recording SDK, dialers, phone, and in-person meeting support, plus additional storage, playback, and agentic AI integrations. Recall.ai is headquartered in San Francisco and positions itself as the infrastructure layer for conversation data across sales, recruiting, healthcare, and productivity applications. Recall.ai provides infrastructure and a unified API that lets companies access raw audio and video from virtual meeting platforms including Google Meet, Microsoft Teams, Slack Huddles and Zoom, plus platforms with no API. Customers use that data to build AI-powered meeting apps such as sales coaching, meeting notetakers and daily standup bots. The company charges per hour of audio and video processed and in less than two years has grown annual revenues from zero to several million dollars, with more than 300 enterprise customers and “millions” of end users. Recall.ai says it is SOC2, GDPR, CCPA and HIPAA compliant, stores recordings for a maximum of seven days and offers an API endpoint for immediate deletion. The startup launched in 2022 and was founded by David Gu and Amanda Zhu, who previously built a real-time transcription tool and integrations for conferencing platforms. Recall.ai currently has nine employees and plans to grow to more than 16 by year-end; the new capital will be used to expand the team and build integrations with more data sources. Recall.ai offers a unified API that accesses meeting data including real-time video and audio, participant identities, speaking times, join/leave events and screen-sharing signals to enable apps across sales, support, hiring, research and more. The API currently integrates with Zoom, Google Meet and Microsoft Team and is being used by about 50 companies while the product remains in private beta. Recall.ai charges customers per minute of audio and video processed and is already generating revenue. The company abstracts away the engineering and infrastructure needed to capture and process meeting streams, saving teams months of integration work and large hosting footprints. Founders David Gu and Amanda Zhu built the product after working on a research tool that produced real-time transcription from meeting recordings. Plans include adding more video conferencing and telephony system integrations as the product expands.
Team
William Harrison
Founder
LinkedIn