The Venture Codex Logo

The Venture Codex

Overview

Investment business focused on capital management.

Founded

2022

Deals · 12mo

5

Stage focus

Seed
Series A

Geographic focus

France
Germany
Sweden
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

17rounds
NAMEDATESIZE
Catch
Sep 2026Participated
$5 MSeed
Patronus AI
Jun 2026Participated
$50 MSeries B
NanoCo
May 2026Participated
$12 MSeed
GitButler
Apr 2026Participated
$4 MSeed
Symbiotic Security
Jan 2026Participated
$10 MSeed
Oboe
Sep 2025Participated
$4 MSeed
Resolvd AI
Aug 2025Participated
$2 MSeed
Symbiotic Security
Nov 2024Participated
$3 MSeed
Mbue
Sep 2024Participated
$2 MSeed
Caladan Bio
May 2024Participated
$5 MSeed
Adaptive ML
Mar 2024Participated
$20 MSeed
Flower
Feb 2024Participated
$20 MSeries A
Catch
Sep 2026Participated
$5 MSeed
Patronus AI
Jun 2026Participated
$50 MSeries B
NanoCo
May 2026Participated
$12 MSeed
GitButler
Apr 2026Participated
$4 MSeed
Symbiotic Security
Jan 2026Participated
$10 MSeed
Oboe
Sep 2025Participated
$4 MSeed
Resolvd AI
Aug 2025Participated
$2 MSeed
Symbiotic Security
Nov 2024Participated
$3 MSeed
Mbue
Sep 2024Participated
$2 MSeed
Caladan Bio
May 2024Participated
$5 MSeed
Adaptive ML
Mar 2024Participated
$20 MSeed
Flower
Feb 2024Participated
$20 MSeries A
17
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Factorial Capital: 17 funding rounds are recorded in the selected participation categories.All available history.
Factorial Capital: 17 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed012
Series A04
Series B01

Monthly Deal Activity

Factorial Capital: 17 deals are recorded across 40 months.All available history.
Factorial Capital: 17 deals are recorded across 40 months. All available history
MonthDeals
Jul '232
Aug '231
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '242
Mar '241
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '251
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '261
May '261
Jun '261
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Factorial Capital: AI & Machine Learning is the largest displayed sector by deal count (13 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.

Factorial Capital: AI & Machine Learning is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
AI & Machine Learning13
Cybersecurity & Privacy5
Networks, Cloud & Communication3
Enterprise Software3
Developer Tools2
Consumer & Lifestyle2
Professional Services2
Clean Energy & Sustainability2
Data, Analytics & IT2
Marketing & Advertising1
Education & Workforce1
Health & Life Sciences1

Deal Size Distribution

Factorial Capital: 17 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.

Factorial Capital: 17 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M2
$10M-$25M7
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Factorial Capital: United States has the largest recorded deal count among the displayed regions (9 deals).All available history.

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

Factorial Capital: United States has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
United States9
Europe6
112492
Factorial Capital: 20 co-investors are shown, with Betaworks 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

Factorial Capital: Led accounts for 0% and participating for 100% of round participation.All available history.
Factorial Capital: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating17100%
Factorial Capital: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Factorial Capital: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Matthew Hartman

Managing Partner

Ryan Fink

Investor