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The Venture Codex

FortyTwo VC

3900 S Stonebridge Dr, Suite 1104, McKinney, TX, 75070, United States

Overview

FortyTwo VC is a Pre-Seed fund dedicated to Indian Founders building tech for global markets.

Total investments
8
Lead investments
1
Investments · 12mo
0
Active investors
3
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Investment portfolio

  • GoodGist

    Participated · Equity · Apr 2024

    GoodGist focuses on corporate skill development and knowledge management automation, using generative AI to support professional upskilling, reskilling, and enterprise knowledge delivery. The company offers personalized, on-demand access to enterprise knowledge to boost employee productivity and engagement. At its core is a proprietary content intelligence system that enables optimization of knowledge use. Led by CEO Ruban Phukan and based in Foster City, CA, GoodGist sells a platform for employers to mitigate skill gaps and information overload. The company recently raised $1M and intends to use the funds to launch a multilingual platform in global markets, expand its team to bolster research and development, and enhance product offerings.

  • Protecto

    Participated · Seed · Mar 2024

    Protecto builds APIs designed to protect sensitive data across the generative-AI lifecycle while maintaining its utility. The company’s public pitch deck (14 slides) emphasizes problem framing, a technology overview, use cases, competitive alternatives and a team slide highlighting CEO Amar Kanagaraj (former Microsoft search/AI) and CTO Baskaran Alagarsamy (Apple India). Protecto’s deck omits detailed traction, business model specifics, market sizing and clear defensibility claims; several slides were redacted, including short-term and five-year goals and parts of the product roadmap. The deck lists planned uses of capital—expand engineering, drive marketing, build channel sales, drive developer evangelism and category definition—but TechCrunch critiques those items as vague. Financially, Protecto announced a $4 million seed raise that brings total funding to $5 million. The pitch-deck teardown notes the company initially set out to raise $3 million in the deck materials.

  • Blockfenders

    Participated · Seed · Feb 2023

    Blockfenders combines blockchain, cloud and distributed ledger technologies such as Hedera and Hyperledger to create an enterprise data exchange network for controlled, privacy-preserving data sharing. Its no-code platform is designed to operate in a zero-trust environment and reduces burden on IT and data engineering teams. The company aims to enable complete data sharing between multiple parties without exposing raw data. Blockfenders plans to use the new funds to grow the team, add capabilities like supporting multiple data sources and tokenization, and expand into healthcare, banking and financial services, enterprises, and technology. It has engaged two U.S. industry partners—a digital health company in eye care and a global employee engagement platform provider—both currently in proof-of-concept and pilot stages. The company was co-founded in 2022 and also maintains an operational office in Pune, India.

  • Kennect

    Led · Seed · Aug 2022

    Kennect provides a no-code cloud platform that lets enterprises design, simulate and automate incentive compensation plans to improve sales productivity and visibility for sales reps. The product targets incentive compensation management and sales rep engagement through automated commission tracking and performance visibility. Founded in 2017 by Pulkit Agrawal and Pralok Chhajed, the company positions itself as an affordable, customizable enterprise-level solution for sales incentives. Kennect aims to become a preferred, flexible and user-friendly solution for managing sales incentives across innovative businesses. Following its seed raise, the company plans to ramp up its engineering team and expand commercial presence in North American and European markets. No operating metrics (revenue/users) are disclosed in the article.

  • Emitrr

    Participated · Series A · Aug 2022

    Emitrr offers an automation platform that uses SMS to handle appointment reminders, follow-ups, review generation and other receptionist-like tasks for small and local businesses. The company integrates with more than a thousand vertical CRM platforms and has built seven to eight automation models operating over SMS. Emitrr serves over 150 local U.S. businesses and has additional customers in Australia and Canada; it employs a 25-person team, mostly remote in South Asian tier-two and tier-three cities. The company emphasizes data security with system-wide encryption, a single-tenant architecture and HIPAA compliance for handling sensitive patient information. Emitrr competes with providers such as Weave and Podium and claims a cost and product/support advantage. With recent funding, the startup plans to deepen its platform to solve 15–20 problems for small businesses and double down on its go-to-market motion; it may also add channels like WhatsApp in future.

Team