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The Venture Codex

Firebolt Ventures

1051 Berkeley Ave, Menlo Park, California, 94025, United States

Overview

Firebolt Ventures is a venture capital firm based in Menlo Park, California. The firm focuses on early-stage and seed-stage investments in companies that operate within the industries involved with digital media, mobile, software, e-commerce, and information technology. Moreover, the firm takes an algorithmic approach to investing. Firebolt Ventures was started in 2014 by Cherian Mathew.

Total investments
53
Lead investments
3
Investments · 12mo
4
Active investors
1

Sector focus

  • Finance
  • Financial Services
  • FinTech
  • Venture Capital
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Investment portfolio

  • Straiker

    Participated · Series A · Jun 2026

    Straiker provides an agentic-native security platform with three integrated capabilities: comprehensive discovery of AI agents across enterprise environments, pre-deployment adversarial testing to surface vulnerabilities, and runtime protection that monitors activity and stops threats. The founding team includes veterans of Palo Alto Networks and AI/security research, and the company emphasizes a shared intelligence layer that uses production detections to strengthen testing and protections. Since launching in 2025, Straiker has become a partner to frontier AI labs and Fortune 500 enterprises and reports run-rate revenue growth of more than 15x in less than a year. Straiker operates STAR Labs, its dedicated AI threat research arm, which informs its defenses and provides early visibility into emerging attack techniques.

  • Modveon

    Participated · Equity · Feb 2026

    Modveon, founded in 2025 and headquartered in Palo Alto, is creating an identity-centric operating system for modern societies. The platform provides verified digital identity, closed-loop communications, regulated digital payments, and automated services, giving governments and citizens a trusted digital environment. By addressing the widening gap between internet scale and trust infrastructure, the company aims to make real-world digital interactions reliable at societal scale. Initial government deployments are already live, backed by commercial agreements that are generating revenue. Modveon plans a broader public launch later this year, with additional product and partnership announcements expected. The company is led by CEO and co-founder Nana Murugesan, whose prior executive roles include Coinbase, Matter Labs (ZKsync), Snapchat, and Samsung.

  • Ava

    Participated · Seed · Oct 2025

    Developer of a consumer financial platform designed to improve credit scores and reduce interest rates for American consumers. The company's app offers a rewards-based credit builder card, installment loans, cash flow-based underwriting, automatic payments, and detailed financial analysis, enabling users to increase on-time payments and lengthen their overall credit history.

  • SEON

    Participated · Series C · Sep 2025

    SEON is a Hungarian-American software company whose API-based platform analyzes customer interactions in real time to surface fraud indicators and ensure AML compliance during onboarding and transactions. The system serves enterprises such as Revolut, Plaid, Nubank, Afterpay, Spotify and Entain, giving them a unified command center to spot and stop bad actors. By combining scalable compliance checks with advanced fraud prevention, SEON aims to let digital businesses grow safely even as fraud tactics grow more sophisticated. The company is doubling-down on AI-powered product development to keep pace with emerging threats and regulatory demands. Fresh capital will fund accelerated expansion in North America and other international markets as well as strategic hiring. To date, SEON has raised $187 million in venture financing, underscoring investor confidence in its ability to address a multibillion-dollar global fraud problem.

  • Wealth.com

    Participated · Series A · Sep 2024

    Wealth.com provides a purpose-built AI platform that unifies estate and tax planning into a single system for financial advisors and institutions. Its proprietary Ester Intelligence engine is trained on estate and tax scenarios to deliver deterministic, auditable outputs and powers end-to-end advisor workflows and integrations. The company reported 664% year-over-year growth in AI-powered workflows and has achieved at least 3x revenue growth in each of the last four years. Wealth.com supports advisory firms that collectively service more than $15 trillion in client assets, processed over 100,000 estate documents in 2025, and performs thousands of deterministic calculations per estate distribution. It has expanded into tax planning, secured approvals from the three largest U.S. broker-dealers (unlocking access to over 50,000 financial advisors), and holds agreements with three of the top five banks. Wealth.com has been recognized in industry surveys and awards, including category leadership in estate planning market share in the Kitces AdvisorTech Survey and inclusion in the CB Insights Fintech 100.

Team