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The Venture Codex

Early Light Ventures

10401 Grosvenor Pl, Rockville, Maryland, 20852, United States

Overview

We are not unicorn hunters and we don't care if your market size is $1 Billion, or $1 Trillion. However, we are very disciplined seed-stage investors that have been in your shoes as founders, and will move very fast for the right companies. If we invest, we'll add as much value as possible and be there with you every step of the way. We only invest in B2B software companies and have a special affinity for companies in the mid-atlantic region. Here are the main quantifiable metrics we're looking for: • Valuations ranging from $3 million to $12 million • $400,000 ARR - $3 million ARR (annual run rate) • Previously raised less than ~$2 million • Net burn rate less than $100,000 a month • Growing at least 80% year-over-year • Gross churn rates under 4% per year and positive net churn • Aiming for $50 million - $150 million exits

Total investments
20
Lead investments
5
Investments · 12mo
3
Active investors
6
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Investment portfolio

  • IntelliGRC

    Participated · Seed · Mar 2026

    IntelliGRC is a Fairfax, Virginia–based company that delivers a provider-centric, multi-tenant GRC platform purpose-built for managed service and managed security service providers serving highly regulated sectors. Its software combines practitioner-tuned AI, bulk automations and an Intelligent Control Library to automate evidence collection, continuous control monitoring and remediation mapping, allowing partners to package compliance as a scalable service. The product targets frameworks such as CMMC for the Defense Industrial Base and aims to make enterprise-grade cyber hygiene a default safety standard for small and mid-sized businesses. Seed funding will be used to deepen AI capabilities, enhance asset-centric data modeling, broaden integrations across the MSP ecosystem and grow sales, customer success and enablement teams. The company will also invest in education and partner programs that help channel partners operationalize repeatable, profitable GRC offerings. Revenue and user numbers were not disclosed, but the release cites strong recent growth and market traction.

  • FirmPilot

    Participated · Series A · Feb 2026

    FirmPilot develops a patent-pending AI Legal Marketing Engine that analyzes more than 5 million pieces of legal marketing content and a proprietary database of 3,000+ legal cases to automate SEO, PPC, local search, digital PR, and website optimization for law firms. Since launching in 2023, the platform has generated tens of thousands of qualified leads for U.S. firms, driving case-volume increases of over 180% for clients. Competitive blueprinting technology continuously monitors rivals’ online activity, while AI agents handle content creation and campaign adjustments, providing real-time ROI dashboards. The company reports rapid growth, serving a market of 425,000+ U.S. law firms that traditionally rely on costly, low-ROI agencies. With total funding now at $27.25 million, FirmPilot plans to release a next-generation AI model—ten times larger than its current version—by Q3 2026 to deepen content capabilities and shorten time to ROI. It is also building direct integrations with leading case-management systems to tie marketing spend to case outcomes and enable precise revenue attribution. These initiatives aim to position FirmPilot as an end-to-end revenue operations command center for legal practices.

  • MagicDoor

    Participated · Seed · Sep 2025

    MagicDoor offers an AI-native, fully integrated property-management platform that unifies listing vacancies, payments, maintenance dispatch, vendor sourcing, compliance and tenant communication into a single system. The platform automatically triages requests, dispatches appropriate vendors and updates tenants in their preferred language, effectively executing work across systems rather than acting as a simple chatbot. Since launching in late 2024, MagicDoor has seen triple‑digit monthly growth and customers report up to a fivefold productivity improvement. The company describes its architecture as “open at the boundaries,” enabling it to adopt new AI models as they emerge and continually improve the product. The recent seed funding will be used to accelerate product development and hiring as MagicDoor scales to meet demand. Founder and CEO Kasper Søgaard is leading the company from Las Vegas and has added three new board members to support growth. MagicDoor offers an AI-native property management software platform that consolidates all property management functions into a single place. The platform uses AI to optimize efficiencies and automate and streamline property manager tasks. It provides a transparent pricing model of $2.50 per unit per month with no additional fees, no onboarding costs and no minimums. The company raised over $2M in Pre-Seed funding to accelerate growth. MagicDoor plans to use the funds to develop additional features in its AI-powered solution and to accelerate sales, marketing and onboarding efforts. The company was founded by Kasper Sogaard and is based in Las Vegas, NV.

  • Chargezoom

    Participated · Series A · Dec 2024

    Chargezoom uses AI and machine learning, powered by a proprietary dataset, to automate accounts receivable, invoicing, and customer payments. The platform aims to eliminate manual AR work and accelerate cash flow for growing businesses. Since its $2.0M Seed in July 2021, the company reports growth of 3,972%. Chargezoom plans to scale rapidly and expand its platform capabilities with the new funding. The company has repositioned its investor lineup to align with long-term strategy, with BIP Ventures exiting and several new investors joining. Chargezoom is building its presence in Utah’s Silicon Slopes tech scene. Chargezoom is an Irvine, California–based billing and integrated-payments platform led by CEO Matt Dubois. The company's core product integrates payments into the accounting applications businesses use daily, with integrations including QuickBooks Desktop, QuickBooks Online, FreshDesk and Xero. Its tools allow businesses of all sizes to collect payments faster with full GAAP compliance and to eliminate manual accounting tasks. Chargezoom has signed agreements with Fortune 500 payment service providers and entered partnerships with the majority of the top 20 merchant acquirers in the United States. The company raised $10 million in a Series A to support growth. It intends to use the funds to double down on product expansion and to hire talent, with plans to double staff size by the end of 2022. Chargezoom provides a platform that manages billing and payments for modern businesses, focusing on automation to help companies scale quickly. Led by Matt Dubois (CEO), Scott King (CRO), and Miguel Avellan (CIO), the company targets the operational payment needs of growing firms. The company is headquartered in Irvine, Calif. In September 2021 Chargezoom raised $2M in seed funding to support its growth. The company intends to use the funds to continue to expand operations and broaden its business reach. Investors in the round included Okapi Venture Capital as lead and SaaS Ventures.

  • Protiv

    Participated · Seed · Apr 2024

    Protiv, co-founded by Michael Fortinberry and David Franco (CEO), is a patent-pending, integrated pay-for-performance platform designed for construction, landscaping, and service industries. The platform legally complies in all 50 states and directly links budgets, goals, and timelines to worker incentives. It provides worker-level visibility and engagement with a configurable performance-based bonus structure integrated into customers' operating platforms. Customers range from small landscaping companies and mid-size trade contractors to large civil construction companies. Users have applied Protiv to improve teamwork, quality, production, communication, and safety operations. The company plans to use the funds to build additional product features and expand its go-to-market strategy.

Team