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The Venture Codex

Overview

Invests in expansion stage enterprise software and hardware companies.

Founded

2017

Deals ยท 12mo

2

Stage focus

Series A
Series B

Geographic focus

Canada
United States

Sector focus

Business Development
Enterprise
Financial Services
Hardware
...

Investment portfolio

28rounds
NAMEDATESIZE
Checkbox
Jan 2026Participated
$23 MSeries A
Ume
Oct 2025Led
$10 MSeries A
Qualytics
Jun 2025Participated
$10 MSeries A
HopSkip
Jul 2024Led
$3 MSeed
Cloverleaf.me
Mar 2024Participated
$7 MSeries A
Lily AI
Mar 2024Led
$20 MSeries B
MoeGo
Mar 2024Participated
$24 MSeries A
Empowerly
Feb 2024Led
$15 MOther Equity
evolvedMD
Jun 2023Led
$14 MSeries A
evolvedMD
May 2022Led
$5 MSeries A
Nice Healthcare
Mar 2022Participated
$30 MSeries A
HireEZ
Feb 2022Led
$26 MSeries B
Checkbox
Jan 2026Participated
$23 MSeries A
Ume
Oct 2025Led
$10 MSeries A
Qualytics
Jun 2025Participated
$10 MSeries A
HopSkip
Jul 2024Led
$3 MSeed
Cloverleaf.me
Mar 2024Participated
$7 MSeries A
Lily AI
Mar 2024Led
$20 MSeries B
MoeGo
Mar 2024Participated
$24 MSeries A
Empowerly
Feb 2024Led
$15 MOther Equity
evolvedMD
Jun 2023Led
$14 MSeries A
evolvedMD
May 2022Led
$5 MSeries A
Nice Healthcare
Mar 2022Participated
$30 MSeries A
HireEZ
Feb 2022Led
$26 MSeries B
28
Items
...
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Insights

Time horizon

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Deal Distribution

Conductive Ventures: 28 funding rounds are recorded in the selected participation categories.All available history.
Conductive Ventures: 28 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed21
Series A47
Series B52
Series C+14
Other Equity11

Monthly Deal Activity

Conductive Ventures: 28 deals are recorded across 100 months.All available history.
Conductive Ventures: 28 deals are recorded across 100 months. All available history
MonthDeals
Jul '181
Aug '181
Sep '180
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '191
Jun '190
Jul '190
Aug '191
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '202
Jan '210
Feb '211
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '212
Oct '210
Nov '211
Dec '210
Jan '221
Feb '221
Mar '221
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '243
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Conductive Ventures: Enterprise Software is the largest displayed sector by deal count (12 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.

Conductive Ventures: Enterprise Software is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Enterprise Software12
Networks, Cloud & Communication8
AI & Machine Learning7
Data, Analytics & IT5
Marketing & Advertising5
Health & Life Sciences4
Consumer & Lifestyle3
Fintech3
Manufacturing3
Food & Agriculture3
Professional Services3
Gaming & eSports3
E-Commerce & Retail2
Travel & Hospitality1
Education & Workforce1
Real Estate & Construction1
Transportation & Logistics1
Hardware & Robotics1

Deal Size Distribution

Conductive Ventures: 28 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.

Conductive Ventures: 28 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M6
$10M-$25M12
$25M-$50M5
$50M-$100M3
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Conductive Ventures: United States has the largest recorded deal count among the displayed regions (25 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Conductive Ventures: United States has the largest recorded deal count among the displayed regions (25 deals). All available history
RegionDeals
United States25
Canada2
South Korea1
Conductive Ventures: 20 co-investors are shown, with Waterline Ventures 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

Conductive Ventures: Led accounts for 46% and participating for 54% of round participation.All available history.
Conductive Ventures: Led accounts for 46% and participating for 54% of round participation. All available history
CategoryDeals (count)Share (%)
Led1346%
Participating1554%
Conductive Ventures: Single-lead accounts for 69% and co-led for 31% of lead dynamics.All available history.
Conductive Ventures: Single-lead accounts for 69% and co-led for 31% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead969%
Co-led431%

Team

Arif Damji

Principal

Carey Lai

Founding Member and Managing Director

Masahiro Kinoshita

Managing Director

Norihiro Kondo

Head of Business Development

Paul Yeh

Founding Member and Managing Director

Stella Zhang

Analyst and Investor

Takashi Nishikawa

Managing Director