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The Venture Codex

IDEO

3460 Hillview Ave, Palo Alto, CA, 94304, United States

Overview

IDEO is a global design and innovation consultancy firm. Some of their clients include Procter & Gamble, Pepsi, Microsoft , Nokia , Intel, Eli Lilly, Samsung , and Steelcase.

Total investments
10
Lead investments
1
Investments · 12mo
0
Active investors
8

Sector focus

  • Consulting
  • Human Computer Interaction
  • Product Design
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Investment portfolio

  • Acctual

    Led · Seed · Nov 2023

    Acctual is building a financial operating system that automates accounts payable (AP) and accounts receivable (AR) for companies transacting in both fiat and digital assets. Targeting web3 organizations, its platform helps users manage invoices, ensure on-time payments, and prevent fraud by validating vendors and wallet addresses. The product, currently in beta, integrates with QuickBooks and Xero and is being tested globally by crypto-focused startups from seed to Series A stages. Key features include monitoring and approving invoices, syncing crypto transactions to traditional accounting software, and eliminating over-payments or malicious invoices. By concentrating solely on AP/AR automation rather than broader accounting functions, Acctual aims to differentiate itself from competitors like Bitwave and Cryptio. The founders—Stripe alumni Atikh Bana and Mohamedeq Mohamed and former Google engineer Issa Hassan—bring deep payments and engineering expertise. Its recent seed financing values the company at $15 million post-money and will fund team expansion and the pursuit of product-market fit.

  • LifeScore

    Participated · Series A · Mar 2022

    LifeScore develops proprietary adaptive music technology that delivers real-time, context-aware soundtracks. Its patented Cellular Composition platform uses AI to transform pre-recorded 'cells'—captured at Abbey Road Studios with ambisonic microphones—into layered, sequenced, and mixed outputs. The company targets applications across AR and other simulated environments, including live streaming, gaming, automotive, sleep, fitness, health, and wellness. LifeScore's technology has been incorporated into a Bentley demonstration vehicle and the company has signed a deal with Audi. The founding team includes composer Philip Sheppard, Siri co-founder Tom Gruber, former ARM executive Ian Drew, and Chris Walch. LifeScore stresses its system complements human-composed music rather than replacing it. The company plans to use the new funding to further develop its adaptive music technology and expand its customer base in Europe, the U.S., and Asia. The Series A brings LifeScore's total funding to £12 million.

  • Curve Health

    Participated · Series A · Feb 2022

    Curve Health is a care enablement platform led by CEO Rob MacNaughton that enables patients and providers to connect beyond a facility. Its solution includes telemedicine, health information exchange, data and predictive analytics, and billing integrations. The platform is designed to help patients avoid unnecessary trips to the hospital, provide providers with a one-of-a-kind user experience, and help skilled nursing facilities, healthcare systems, and provider groups improve their bottom line. In July, Curve partnered with CareConnectMD, a California-based provider group delivering value-based care for people living in nursing homes via its High Needs Direct Contracting Entity. Curve Health raised $12M in a Series A financing and intends to use the funds to scale nationwide. The company’s investor base includes both new and returning backers across venture firms and angels. Curve Health delivers connected senior care through a platform that combines telemedicine, smart billing, health information exchange and predictive analytics. The platform integrates virtual care, billing, data exchange and predictive analytics to support senior care workflows. The company is led by newly appointed CEO Rob MacNaughton, with Timothy Peck, MD, the founding CEO, serving as President and Executive Chair. Curve Health intends to use the newly raised capital to continue to expand operations and broaden its business reach. It raised a $6M seed round led by Lightspeed Venture Partners. Curve is NYC-based and has added board observers and members tied to investors and partners, including Dr. Ling Wong (Lightspeed), Tim Brown (IDEO) and Ben Jealous.

  • Sequin

    Participated · Seed · Sep 2021

    Sequin offers a risk-free debit card designed to build credit for women, requiring no approval or prior credit history. The card fronts payments to merchants and then automatically withdraws funds from the user’s connected bank account, reporting those repayments to credit bureaus. Sequin targets women—especially young women, women of color, and first-generation immigrants—who are disproportionately excluded from traditional credit-building paths. The company also emphasizes financial education and community, planning to tap female affinity groups such as professional associations, sororities, and corporate diversity groups to foster conversations about financial well-being. Sequin has positioned its product as an alternative to credit cards and authorized-user arrangements that do not build the user’s own credit history. The startup is using fundraising to expand outreach and marketing to reach more women and increase awareness.

  • Moment House

    Participated · Series A · Aug 2021

    Moment House is a Los Angeles-based livestreaming platform that enables creators to host pay-per-view, interactive events for superfans. The platform supports live and pre-recorded broadcasts (it does not save recordings), limited-quantity tickets, merchandise sales during streams, smaller breakout chatrooms and Clubhouse-like call rooms to facilitate fan interaction. Moment House is desktop-only and is developing additional tools to help fans connect after performances. CEO Arjun Mehta and co-founders Shray Bansal and Nigel Egrari position the product as creating “moments” and as a hybrid complement to physical experiences rather than a replacement. The company raised $12 million in a Series A led by Forerunner Ventures, and Mehta said its top streams have grossed several million dollars and peaked at hundreds of thousands of viewers, though he declined to disclose comprehensive revenue or viewership metrics. The product targets both small and large creators but emphasizes ticketing and features that filter to the most dedicated fans. Moment House offers a platform that lets artists create geo-fenced, location-specific online events and ticketed digital experiences. The product emphasizes ticketing security, merchandise integrations, and global payments support. For performers, Moment House passes all ticket revenue to the artists while earning money by charging fans a small fee. The company plans to host a geo-fenced tour for Yungblud and additional ticketed events from Kygo, blackbear, Kaytranada, Denzel Curry and Ruel. Moment House says its technology is intended to amplify the concert-going experience rather than respond to the COVID-19 pandemic. The company was founded by Arjun Mehta, Shray Bansal and Nigel Egrari and grew out of work they did at USC and the USC Jimmy Iovine & Dr. Dre Academy; it has raised $1.5 million in seed funding.

Team