The Venture Codex

Participated · Series C · Aug 2026

Launched in 2020 and headquartered in Calgary, Helcim builds an end-to-end payments and software platform that includes point-of-sale, invoicing, online checkout, a smart terminal, and embedded payments tools for small and mid-sized businesses. The company reports more than 22,000 active merchants across North America, crossed CA$150 million in ARR, employs about 200 people, and is on track to process nearly CA$10 billion in annual payment volume. Helcim built its infrastructure in-house rather than reselling another processor, enabling volume-based interchange-plus pricing. In January 2026 it released an AI-powered Payment Extension to let merchants self-integrate Helcim's payments into existing software, and adoption has scaled quickly. The company intends to use its recent funding to further develop its payments platform, expand into additional financial services for merchants, and deepen partnerships with regional banks and credit unions.

Led · Equity · Nov 2025

DealMaker provides a white-label, AI-powered software platform that lets issuers acquire, convert, and engage retail investors while handling compliance, payments, and investor relations in a single workflow. To date, companies have raised more than $2 billion through the platform, spanning early-stage startups to pre- and post-IPO private offerings. DealMaker’s model allows issuers to retain full ownership of their data and branding throughout the fundraising process. The company plans to use newly secured capital to accelerate product innovation and deepen its expansion across the U.S. market. Management highlights the platform’s ability to streamline direct-to-investor fundraising as a key differentiator in the capital-markets landscape. Headquartered in New York City, DealMaker has maintained a growth-oriented partnership with CIBC Innovation Banking since 2022, leveraging external financing to scale operations and enhance its technology.

Participated · Series A · Jan 2025

Nue provides a unified Revenue Lifecycle platform that combines CPQ, customer lifecycle management, billing, invoicing, collections, and revenue intelligence in a Salesforce-native architecture. The product enables hybrid monetization models including subscriptions and usage-based consumption, real-time usage rating and billing, and enterprise features like billing account hierarchies. Nue positions itself as an alternative to legacy tools such as Salesforce CPQ and Zuora, emphasizing faster ROI, omnichannel flexibility, and reduced implementation complexity. In 2024 the company delivered three-fold year-over-year sales growth and counts customers including Procurify, Iodine, Mews, and i3 Verticals. Financially, the company has raised a total of $40 million to date. Nue plans to accelerate product innovation, enhance customer success, and expand globally while targeting a major share of the $4 billion CPQ and billing markets over the next three to four years. Nue.io provides a quote-to-revenue platform built on the Salesforce platform, offering pricing, sales, and finance tools. The platform includes automated pricing and quoting, sales enablement tools, financial reporting and analytics, and usage-based billing. Nue positions its product to help SaaS businesses optimize pricing and sales strategies, improve cash flow, and reduce operating costs. Led by CEO Mark Walker, the company plans to use the new funding to expand its product offerings and accelerate growth. Nue.io is based in San Mateo, California. With the latest round, the company has raised a total of $15M. Nue.io, based in San Francisco, offers an omni-channel RevOps platform designed for modern SaaS companies. The platform enables RevOps teams to manage quotes to orders to renewals to billing while delivering accurate, real-time analytics to Finance. Nue supports direct and self-service commerce, innovative pricing models, and streamlined processes to accelerate sales. Led by Tina Kung and Kate McCullough, the company positions itself to help teams innovate and manage customer revenue lifecycles end-to-end. Nue closed a $6m seed round to further develop its platform and analytics capabilities. The funding is intended to expand its end-to-end revenue lifecycle management and real-time analytics functionality.

Led · Series A · Jan 2024

Wisedocs offers an AI-driven platform that indexes, reviews, and produces summaries of medical records to support insurance carriers, healthcare providers, law firms, and third-party administrators in the claims process. Its core product—the AI Medical Summaries platform—launched in 2023 to automate complex medical-record reviews and improve accuracy and speed. The company serves auto, liability, disability, workers' compensation, tort law, and similar markets and provides an easy-to-integrate solution for clients. Wisedocs aims to broaden its client base, expand its product offering, and accelerate global expansion with support from strategic partners. Financially, Wisedocs completed an oversubscribed $12.7M Series A in January 2024 and has received a $4.5M CAD growth capital financing from CIBC Innovation Banking to support continued growth. Launched in 2021 and expanded across North America, Wisedocs positions itself as a market leader in the claims ecosystem leveraging state-of-the-art generative AI. Wisedocs is a machine-learning SaaS platform that automates medical-record review, indexing, search, and AI-generated summaries to speed claims processing. The company leverages large language models and generative AI in its 2023-launched Summaries product suite to analyze and generate content from medical records. Wisedocs serves insurance carriers, healthcare providers, law firms, and third-party administrators across markets including auto, liability, disability, workers’ compensation, and tort law. The product provides timeline views, search, filtering, and summarization to improve speed and accuracy within a secure platform. Wisedocs launched in 2021, expanded across North America, entered the U.S. market in 2022, and opened new American headquarters in Florida. In 2023 the company more than doubled its customer base and reported a 3.5X growth rate, supporting continued product, team, and sales expansion. Wisedocs provides an intelligent document-processing platform for the medical sector that uses proprietary Intelligent Optical Recognition and machine learning to sort, understand, and organize unstructured medical records. The software targets insurers, legal firms, healthcare providers, and claimants to reduce manual review work. Founded in 2018 and based in Toronto, the company launched in the U.S. at the end of 2021 and subsequently opened American headquarters in Florida. Wisedocs says it is supporting a growing U.S. customer base. The company closed an oversubscribed Seed financing to fund continued expansion into the United States. No revenue or user metrics were disclosed in the article.

Participated · Equity · Dec 2023

Strike Graph provides a TrustOps platform to help companies design, operate and measure security certifications and compliance programs. The platform offers auditing capabilities for frameworks including SOC 2, ISO 27001, ISO 27701, HIPAA, NIST, FedRAMP, PCI DSS, CCPA/CPRA, TISAX and GDPR. The company says many customers achieve compliance 80% faster from start to certification. Customers include Bluefletch, Thankful and Valid8. Strike Graph plans to use new capital to expand market presence, further develop its AI technology, and add product capabilities to support larger customers and CISOs. The company was founded in 2020 by Justin Beals and is based in Seattle, WA. Strike Graph is a compliance SaaS platform that helps companies pass cybersecurity audits by automating compliance scoping, evidence collection and security questionnaires. Launched in 2020 and based in Seattle, the product supports frameworks including SOC 2, ISO 2700x, CCPA, HIPAA and GDPR. The company says 100% of its customers have received a clean audit report and reports 4x growth in customer adoption since its seed round. Strike Graph was the first company to build an AI offering that automates security questionnaires and has been recognized as a High Performer on G2. With new capital it plans to expand framework support to FEDRAMP and NIST, broaden its international presence including Canada, and hire across engineering, product, marketing, customer support and security/compliance roles. The platform is positioned to help customers achieve certifications (SOC 2 Type I/II, HIPAA, ISO 27001) and to monetize security practices to unlock revenue faster. Strike Graph provides compliance automation that prepares companies for security audits and helps them improve security posture through risk assessments and recommended controls. The company does not perform audits itself; customers still hire auditing firms, while Strike Graph focuses on the pre-audit preparation and ongoing maintenance. Co-founders Justin Beals (CEO) and Brian Bero incubated the company at Madrona Venture Labs; Beals previously served as CTO at Koru and was an Entrepreneur in Residence at Madrona. Strike Graph targets mid-size businesses and plans to build integrations that will automate the collection of evidence (for example, encryption settings) required for ongoing certifications. Automated evidence collection is slated to launch in early 2021 once initial integrations are built out. The company announced a $3.9 million seed round to fund product development and go-to-market efforts.