The Venture Codex

Led · Debt Financing · May 2024

Founded in 2007 by Michael Lahyani and Renan Bourdeau, Property Finder operates one of MENA’s largest online real-estate classifieds platforms, allowing consumers to browse, filter, and compare properties to buy or rent. The company is expanding beyond listings to build a broader real-estate operating system, rolling out AI-driven tools such as Credit Optimizer, Home Valuation, and SuperAgent to increase transparency and data-driven decision-making. It is also partnering with firms like Stake and Keyper to capture more of the transaction journey. Propelled by strong UAE property demand and supportive local regulation, the firm aims to cement its leadership position in the region. Financially, Property Finder has now raised nearly $700 million in equity and secured an additional $250 million in debt from Ares Management and HSBC. Previous high-profile investors include funds advised by Permira and Blackstone Growth, which led a $525 million investment in 2025, while General Atlantic has held a significant stake since 2018. The fresh capital further reinforces the company’s balance sheet and funds its product and geographic expansion plans.

Led · Equity · Nov 2022

TouchBistro is an iPad-based restaurant management platform serving restaurants with tools to manage their operations. The company secured $110 million in growth financing from Francisco Partners. The capital will be used to accelerate growth, expand its product pipeline and pursue strategic acquisitions. The financing is described in the article as growth financing and was reported in TechCrunch's Daily Crunch. The raise is intended to fund both product development and inorganic expansion plans. TouchBistro is an iPad POS and integrated payments solution built specifically for the restaurant industry. More than 16,000 restaurants in over 100 countries use its platform, which processes over US$11 billion annually. The product handles order taking, payment processing, menu management, accounting, reporting, inventory management, staff scheduling, and customer loyalty. TouchBistro emphasizes software automation, predictive data insights, and seamless access to financial services through partnerships. The company plans to use the new funds to acquire complementary products, support technology development, expand international markets, and grow its team. It offers in-depth training and free 24/7 technical support and maintains offices in Toronto, New York, Austin, Chicago, London, and Mexico City. TouchBistro offers an iPad POS that serves as the core of a restaurant’s operations, handling order taking, payments, menu management, accounting, reporting, inventory, scheduling and loyalty. Led by founder and CEO Alex Barrotti, the company serves more than 12,000 restaurants in over 100 countries and processes more than US$6 billion annually. The company is based in Toronto and also maintains offices in New York, Austin, Chicago, London and Mexico City. TouchBistro plans to use new funding to develop its restaurant operating system, build new payment solutions, expand into new and existing markets, and double the size of its team over the next year. The product is positioned as an all-in-one operational platform for restaurants, integrating both front-of-house and back-office functions. TouchBistro offers an iPad POS app that lets servers enter table-side orders, send them directly to the kitchen, and accept integrated EMV payments. The product targets restaurants, bars, cafes, breweries, food trucks and quick service restaurants to increase sales and improve customer experience. The app is deployed in over 9,000 restaurants across 37 countries. TouchBistro plans to use its new capital to enhance and expand the feature set of its mPOS solution and to facilitate expansion into global markets. The company is led by founder and CEO Alex Barrotti and has offices in New York, Toronto, Chicago and Austin. Financially, TouchBistro has raised CDN$16.3M in this Series C and has raised CDN$45.3M in total funding to date. TouchBistro offers an iPad POS app and full reporting suite for the food and drink industry, serving full-service and quick-service restaurants, food trucks, coffee shops and bars. Servers use the app to take tableside orders that are instantly transmitted to the kitchen and bar; bills can be split and totals transferred electronically to integrated card keypads or mobile wallets. The company has deployed approximately 15,000 terminals across 6,000 restaurants worldwide and processes gross merchandise volumes in excess of $4 billion annually. Recent product moves include launches in Spanish and French and integrations with QuickBooks and Square. Led by founder and CEO Alex Barrotti, TouchBistro plans to use its new funding to expand sales and marketing and to build out its POS platform through partnerships and new features. The company has raised $30m in total funding to date.

Led · Equity · Sep 2022

Reciprocity offers the ROAR™ Platform, which provides actionable risk insight at both the business-process and executive levels and ties an organization’s risk directly to its business objectives. The platform delivers expert-provided guidance to help companies protect assets, quantify the value of security investments, accelerate initiatives, and inform leadership about risk and improvements. Reciprocity positions ROAR as a way for InfoSec teams to communicate risk in business terms and make risk manageable and actionable. The company plans to accelerate product innovation and expand go-to-market activities to deliver deeper intelligence and new functionality. Management says the investment will enable faster product development and broader market expansion to better serve CISOs and business leaders. The business emphasizes making risk identification and assessment automatic and aligned with customer business objectives.

Led · Equity · Feb 2022

AndHealth operates virtual Centers of Excellence that deliver root-cause, disease-reversal programs, beginning with a Migraine Reversal VCOE and soon launching VCOEs for autoimmune conditions including rheumatoid arthritis, psoriasis, ulcerative colitis and Crohn’s. The company offers its programs as an employer-sponsored benefit, working with self-funded employers and benefits brokers and aligning interests around outcomes and guaranteed patient participation. Leadership includes CEO Matt Scantland and team members from CoverMyMeds, clinical leaders such as Dr. Robert Sheeler, and national virtual practice Medical Director Dr. Robert Darling. AndHealth emphasizes precision behavioral design and system-biology approaches to drive high patient engagement and address comorbid chronic conditions. A University of Maryland study of the Migraine Reversal Program found 60% of severe/chronic participants no longer met ICHD-3 diagnostic criteria after the program, and anecdotal results include an 80% reduction in attacks for a long‑suffering patient. The company highlights a large addressable population—roughly 30 million working-age people affected by these conditions—and positions its model to reduce employer costs, unlock productivity, and advance DEI objectives. AndHealth states it partners with employers, health plans, public entities and individuals to scale its virtual disease-reversal care model.

Led · Equity · Dec 2021

NZXT designs and sells PC gaming hardware and complementary services, including cases, cooling solutions, RGB lighting, power supplies, accessories, the Capsule microphone, the BLD Kit for first-time builders, and NZXT Cam software. The company emphasizes design and personalized building experiences, and has launched CRFT limited-edition collaborations. Future plans announced alongside the investment include expanding into new hardware categories, hiring senior talent, growing direct-to-consumer sales in new global markets, and investing more in the gaming community and brand-building. NZXT’s CEO Johnny Hou will remain the majority shareholder and maintain day-to-day control of the company. The company was founded in 2004 and is based in City of Industry, California.