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The Venture Codex

Overview

Venture capital firm investing in tech start-ups across multiple regions.

Founded

2019

Deals · 12mo

2

Stage focus

Series A
Series B

Geographic focus

Brazil
Colombia
Denmark
Finland
...

Sector focus

Financial Services
FinTech
Information Technology
Internet
...

Investment portfolio

33rounds
NAMEDATESIZE
Glacis Labs
Jul 2026Participated
$7 MSeed
Taiv
Feb 2026Led
$13 MOther Equity
Curve
Mar 2025Participated
$50 MOther Equity
Osigu
Oct 2024Led
$25 MSeries B
Marco
Mar 2024Led
$12 MSeries A
Curve
Sep 2023Participated
$71 MSeries C
Tradeshift
Aug 2023Participated
$70 MOther Equity
GoTrendier
Jan 2023Led
$15 MSeries B
Rive
Nov 2022Led
$24 MSeries A
Bob W
Oct 2022Led
$21 MSeries A
Tienda Pago
Oct 2022Led
$12 MSeries B
Mudafy
Aug 2022Participated
$10 MSeries A
Glacis Labs
Jul 2026Participated
$7 MSeed
Taiv
Feb 2026Led
$13 MOther Equity
Curve
Mar 2025Participated
$50 MOther Equity
Osigu
Oct 2024Led
$25 MSeries B
Marco
Mar 2024Led
$12 MSeries A
Curve
Sep 2023Participated
$71 MSeries C
Tradeshift
Aug 2023Participated
$70 MOther Equity
GoTrendier
Jan 2023Led
$15 MSeries B
Rive
Nov 2022Led
$24 MSeries A
Bob W
Oct 2022Led
$21 MSeries A
Tienda Pago
Oct 2022Led
$12 MSeries B
Mudafy
Aug 2022Participated
$10 MSeries A
33
Items
...
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Insights

Time horizon

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Deal Distribution

IDC Ventures: 33 funding rounds are recorded in the selected participation categories.All available history.
IDC Ventures: 33 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A63
Series B54
Series C+33
Other Equity35

Monthly Deal Activity

IDC Ventures: 33 deals are recorded across 89 months.All available history.
IDC Ventures: 33 deals are recorded across 89 months. All available history
MonthDeals
Jun '191
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '191
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '202
Nov '200
Dec '200
Jan '212
Feb '211
Mar '210
Apr '211
May '210
Jun '211
Jul '212
Aug '210
Sep '211
Oct '210
Nov '210
Dec '212
Jan '221
Feb '221
Mar '221
Apr '222
May '220
Jun '220
Jul '221
Aug '221
Sep '220
Oct '222
Nov '221
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

IDC Ventures: Fintech is the largest displayed sector by deal count (18 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.

IDC Ventures: Fintech is the largest displayed sector by deal count (18 deals). All available history
SectorDeals
Fintech18
Enterprise Software12
Networks, Cloud & Communication8
E-Commerce & Retail7
Transportation & Logistics6
AI & Machine Learning4
Food & Agriculture3
Data, Analytics & IT2
Real Estate & Construction2
Consumer & Lifestyle2
Crypto & Blockchain2
Professional Services2
Travel & Hospitality1
AR/VR1
Marketing & Advertising1
Health & Life Sciences1
Social & Community Platforms1

Deal Size Distribution

IDC Ventures: 33 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.

IDC Ventures: 33 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M3
$10M-$25M13
$25M-$50M4
$50M-$100M8
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

IDC Ventures: United States has the largest recorded deal count among the displayed regions (12 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

IDC Ventures: United States has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
United States12
Europe12
Colombia3
Brazil2
Mexico2
Malaysia1
Canada1
IDC Ventures: 20 co-investors are shown, with Fuel Venture Capital sharing 6 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

IDC Ventures: Led accounts for 52% and participating for 48% of round participation.All available history.
IDC Ventures: Led accounts for 52% and participating for 48% of round participation. All available history
CategoryDeals (count)Share (%)
Led1752%
Participating1648%
IDC Ventures: Single-lead accounts for 47% and co-led for 53% of lead dynamics.All available history.
IDC Ventures: Single-lead accounts for 47% and co-led for 53% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead847%
Co-led953%

Team

Alejandra Godoy

Partner, Co-Founder and Chief of Staff

Alejandro Rodriguez

Co-Founder & Managing Partner

Antonio Baena

Partner and CFO

Bobby Aitkenhead

Co-Founder/ Managing Partner

Jaclyn Baumgarten

Managing Partner