The Venture Codex

Participated · Series C · Aug 2026

Launched in 2022, Faye offers an award-winning app and platform that lets travelers purchase coverage quickly, file claims digitally, and receive near-instant reimbursements to mobile wallets while in-trip. Its product suite includes distribution platforms for travel agencies, OTAs and airlines, AI-first policy and claims management, telemedicine, eSIM connectivity, lounge access and real-time concierge assistance. The company says it has become the fastest-growing and highest-rated travel insurance provider in the U.S., has earned more than 20 industry awards, and doubled revenue over the past year. Faye is investing heavily in AI to make underwriting, traveler assistance and claims faster and more autonomous, targeting that AI will resolve over half of claims autonomously by year-end. It plans geographic expansion and deeper partnerships with travel distributors, and will expand its travel fintech features through Faye Wallet to improve in-trip money management and payouts. The company has raised $100M in total funding following the Series C and recently established a U.S. headquarters in Richmond, Virginia.

Participated · Series B · Mar 2026

Sett builds agentic AI systems that analyze performance data, generate diverse playable and video ad concepts, deploy them to networks, and learn from results to optimize user-acquisition creative. Its UA creative performance platform produces different creative hypotheses grounded in real performance signals and automates testing and deployment across ad networks. The company is co-founded by CEO Amit Carmi and CTO Yoni Blumenfeld and is based in Tel Aviv. Following its $30M Series B led by Greenfield Partners, Sett plans to expand operations and accelerate development work with the new capital. The article does not disclose revenue, user metrics, or prior funding amounts.

Participated · Series A · Feb 2026

Founded in 2023, New-York-based Lema AI replaces static, checklist-based third-party risk assessments with an autonomous AI agent that behaves like a vulnerability researcher. The system maps each vendor’s permissions, data movement and potential attack paths inside the customer environment, enabling security teams to identify which suppliers pose the greatest threat and why. Enterprises can reportedly assess a new vendor in under five minutes and receive prescriptive remediation guidance. The platform is already in production with customers in financial services, healthcare and multiple Fortune 500 companies. Backed by seasoned security researchers, Lema plans to accelerate R&D on its autonomous vendor-risk engine and scale go-to-market efforts to meet demand from highly regulated, digitally driven organizations. Its leadership includes CEO and co-founder Eddie Dovzhik, CPO Omer Yehudai, and CTO Tomer Roizman. To date, the company has raised $24 million in venture funding from prominent cybersecurity and strategic investors.

Led · Seed · Dec 2025

Shapes, formerly known as DreamTeam, offers a fully adaptive people operating system that streamlines complex HR, IT, and Finance processes—from onboarding and time-off management to performance reviews and compensation analytics. The platform lets employees request vacation, clock in remotely, and access HR answers through an AI agent, while HR teams can set policies, run smart review cycles, and automatically calculate payroll hours. Additional modules include retention analysis, salary analytics, DEI tracking, engagement monitoring, and documentation management. Shapes allows companies to build custom apps and agents tailored to their internal workflows. Already, the company serves hundreds of customers across 14 industries and 79 countries, with clients such as Quantum Machines, NextSilicon, Healthee, Arena Entertainment, and Imagen. With the newly raised capital, Shapes plans to more than double its headcount over the next year and expand into new geographic markets. These operational milestones underscore the company’s rapid adoption and international reach at an early stage.

Participated · Series B · Dec 2025

Parametrix Insurance is a digital infrastructure insurer specializing in coverage for cloud and data-center downtime and cyber incidents. Its platform continuously monitors performance of more than 7,000 cloud-based technology providers and about 750 data centers, generating over one billion data points each month to quantify risk and automate claims. Policies offer pre-agreed, rapid payouts when defined outages occur, eliminating the need for traditional loss adjustment. The company recently expanded beyond cloud downtime to cover any computer-system failure and has launched a cyber insurance product that embeds digital business-interruption protection within standard cyber policies. Parametrix focuses on large enterprises, including Fortune 500 clients, and distributes its products through insurance brokers rather than direct sales. Management reports revenue in the “tens of millions of dollars” and says the business has tripled annually while operating with a lean 30-person team split between Israel and the United States.