The Venture Codex

Participated · Series D · Jun 2026

Centrical offers a comprehensive performance management platform that integrates real-time performance tracking, gamification elements, and personalized learning to help organizations improve employee engagement and productivity. The company is headquartered in New York City and was founded to address workforce performance improvement. With the $39M Series D, Centrical plans to scale operations and continue developing its platform. The financing positions the company to expand its product and operational footprint, though the article did not disclose revenue or user metrics. Leadership highlighted the capital will support continued platform development and scaling efforts. No additional historical funding details or valuation were provided in the article.

Participated · Equity · Dec 2025

Founded in 2014, Nanit has turned traditional baby monitors into an all-in-one early-childhood health intelligence platform trusted by more than one million families. Its hardware cameras pair with an AI engine to deliver real-time cough detection, clinician-ready video clips, and a personalized Sleep Coach that summarises nightly rest, tracks naps, and offers age-based guidance. The system’s impact is measurable: babies monitored with Nanit sleep 10 % longer on average, giving parents the equivalent of 36 additional nights of rest per year, and 70 % of active camera users remain engaged past age four. Backed by Nanit Lab’s dataset of over five billion hours of infant sleep across 100+ countries, the company feeds research-grade data into its models and has published more than 15 peer-reviewed studies. Looking ahead, Nanit will launch its Parenting Intelligence System in 2026 to track speech, motor, cognitive, and metabolic indicators, expanding the offering from sleep analytics to a holistic early-development platform. The recent $50 million growth capital raise strengthens its financial position to accelerate this product roadmap while continuing to invest in privacy, security, and encryption.

Participated · Series A · Sep 2024

Datricks provides an AI-driven risk mining platform that automatically analyzes and maps entire business processes across systems such as SAP, Oracle, and Salesforce. The platform extracts and correlates data to reverse-engineer comprehensive financial workflows, detect anomalies and fraud patterns, provide detailed root-cause analysis, and in many cases automatically remediate issues. Datricks’ solution requires zero configuration and begins surfacing issues within a week of connecting to an organization’s financial data sources. The company says its platform has prevented hundreds of millions in losses and that more than a trillion dollars in transactions have passed through its intelligence engine. Customers include large global enterprises such as Element Solutions, HELLA FORVIA, Teva, CyberArk, and ICL Group, and partners include major consulting firms like Deloitte, EY, KPMG, and PwC. Datricks recently expanded its commercial partnership with SAP and launched Datricks for Risk Mining as an SAP Endorsed App, positioning the company to further scale enterprise adoption.

Participated · Seed · Aug 2024

Hyperspace builds a cloud-native, software-as-a-service managed database that accelerates lexical and vector search workloads using domain-specific computing, combining FPGAs and GPUs. The company sells access to managed database software hosted on AWS and charges by size and query volume rather than selling hardware instances. CEO Ohad Levi claims Hyperspace’s instances can deliver up to 10x faster searches, 5x higher throughput and 50% lower cost on average compared with typical databases, and says they are generally faster than Elastic in one comparison. The platform handles structured and unstructured data including video, images and text, and the company reports early enterprise traction with customers such as Forter, nSure and Renovai. Hyperspace says it tripled its annual recurring revenue and total contract volume over the last year. The firm plans to scale to “thousands” of instances, launch a free entry-level plan, and is developing a pipeline of additional search-focused products.

Participated · Series C · Jul 2024

Secret Double Octopus builds a workforce passwordless authentication platform designed to secure employee access while simplifying the user experience. Led by CEO Raz Refaeli and based in Menlo Park, CA, the company emphasizes broad enterprise use cases, ease of deployment on any infrastructure, and customizable transition paths to full passwordless operation. Its platform leverages multiple patented technologies, supports common standards and protocols, and offers deep integrations with other IAM vendors. The product is positioned for heavily regulated sectors, including financial institutions, defense contractors, critical infrastructure, and government agencies. The company says it will use the new funding to accelerate delivery of its solutions and services and to expand the reach of its platform into new markets and verticals. Secret Double Octopus offers an enterprise-grade, multi-factor passwordless authentication platform that eliminates passwords to reduce cyber risk and improve user experience. The platform is deployed at hundreds of global enterprises and is used by hundreds of thousands of employees across industries including finance, defense, government, and manufacturing. It facilitates more than a billion authentication requests annually and is recognized as a best-in-class vendor for workforce authentication. The company emphasizes phishing-resistant authentication and high-scale performance in mission-critical environments. Secret Double Octopus is pursuing expansion into new markets and recently appointed Timothy Youngblood to its board to support growth and enterprise adoption. The business closed a Series C round, raising $15 million to help meet increasing demand for its workforce-focused solutions. Secret Double Octopus is a Tel Aviv, Israel–based passwordless authentication platform led by CEO and co-founder Raz Rafaeli. Its Octopus Authentication Server allows employees to forego passwords when logging into workstations, cloud services, legacy applications and other common workplace tools. The platform supports biometrics, mobile devices and FIDO security keys and also offers integration with on-premises Active Directory systems. The company delivers enterprise security solutions designed to protect company assets. It currently serves mid-sized companies up to Fortune 50 customers around the globe. The company intends to use the funds to expand operations and its business reach. Secret Double Octopus is an Israeli cybersecurity startup offering keyless authentication and post-computational ("quantum-safe") data-in-motion protection. Its core product models authentication on the multi-piece consensus used for nuclear launch codes, combining passwordless factors with device biometrics and other parameters to produce a single identity. The company positions the approach as more secure against computational and quantum attacks while providing a seamless user experience compared with conventional two-factor methods. It says the technology can be deployed alongside existing security solutions and is developing related algorithms for IoT devices and network packet protection. Founded by academics and industry executives — Professor Shlomi Dolev (chief science officer), Dr Shimrit Tzur-David (CTO), Raz Rafaeli (CEO) and Chen Tetelman (VP R&D) — the startup recently completed a new funding round. The funding will support expanded R&D and business development in the U.S. and Europe.