The Venture Codex Logo

The Venture Codex

Informal Systems

180 John St Ste 314, Toronto, Ontario, M5T 1X5, Canada

Overview

Informal Systems offer research and development at the intersection of formal verification and distributed systems.

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

Sector focus

  • Blockchain
  • Information Technology
  • Software
Visit website

Investment portfolio

  • Range Labs

    Participated · Seed · Mar 2024

    Range Labs offers a single real-time platform that unifies wallets, custodians, bank accounts, and exchanges while providing risk and compliance controls that screen transactions before money moves. The company positions its product as closing the gap between instant stablecoin settlement and slower, business-day treasury and compliance logic. Range reports protecting over $30B in assets under management and tracking 99.41% of stablecoin payments across 200+ networks, supported by more than 10,000 integrations with banks, custodians, and wallets. The newly raised Series A will be used to advance the financial control layer for companies operating across stablecoin, digital asset, and fiat rails. Range has attracted both fintech and crypto venture investors to support its growth.

  • Cosmology

    Participated · Seed · Mar 2024

    Cosmology provides a tech suite that enables developers to build Web3 apps across the Cosmos ecosystem, offering a unified developer experience for cross-chain dApps. Its platform streamlines low-level tasks such as encoding and signing and extends to user interfaces and wallet adapters. Developers use Cosmology’s tools to build DEXes, wallets, governance tooling, NFT platforms, lending, leverage, and liquid staking protocols. The company’s software is used by projects including Osmosis, dYdX, Celestia, Cosmostation, Stride, Juno, DaoDao, Stargaze, Mars Protocol, Leap Wallet, AstroTech, Persistence, and Quicksilver. Cosmology’s community has grown to 100+ chains and countless smart contract projects across the Cosmos ecosystem. The company raised $5M in Seed funding to support interchain growth and to make app development accessible without requiring deep technical blockchain knowledge.

  • Skip

    Participated · Seed · Sep 2022

    Skip is developing infrastructure to enable transaction prioritization, reordering, and bundling (MEV) for Cosmos and other fast-emerging proof-of-stake chains. Its platform uses sealed-bid auctions to let users and traders pay for prioritization and privacy while aiming to democratize access to MEV opportunities. Skip’s infrastructure is designed to share MEV profits with validators, stakers, and protocols and to make it easier for traders to execute strategies. The product also seeks to protect users from gas wars, transaction spam, frontrunning, sandwich attacks, and other toxic MEV behaviors. Skip was founded in 2022 by Barry Plunkett and Maghnus Mareneck, who position the company as the first MEV provider focused on giving blockchain communities control over how MEV revenues are captured and distributed. The team plans to leverage the seed financing to expand its tooling and partnerships across the Cosmos ecosystem and other PoS networks.

Team

  • Ethan Buchman

    Chief Executive Officer & Founder

    LinkedIn