The Venture Codex

Led · Equity · Nov 2023

Coinchange provides an Earn API that enables businesses and fintechs to embed institutional-grade active stablecoin yield portfolios into their applications, supporting major stablecoins as well as BTC and ETH. Its platform emphasizes on-chain asset management to avoid reliance on centralized custody or counterparties, and offers asset visibility, reporting transparency, and risk-managed returns comparable to traditional money-market products. Coinchange employs yield optimization, risk trenching strategies, machine-learning sequencing of yield opportunities, and real-time portfolio monitoring to maximize returns and manage risk. The company also operates regulated and compliant brokerage services in the US and across Europe and works closely with regulators to maintain security and compliance. Management highlights benefits for API partners including new revenue streams, improved customer retention and conversion, and enhanced regulatory compliance. Coinchange reports over 500 business clients and plans to expand its team and products to grow its clientele and scale operations. The company recently raised $10 million to support expansion and product development.

Led · Equity · Sep 2021

Nobul is a property-technology company that runs an open, dynamic digital marketplace allowing real estate agents to compete for buyers and sellers. The platform is positioned as a consumer-centric marketplace that brings transparency, choice, accountability, and simplicity to the real estate process. Nobul reports transactions closing on the marketplace in over 100 markets and more than US$3.5 billion of sales, producing millions of dollars in savings for customers. The company says it remains debt-free and that founder and CEO Regan McGee personally invested several million dollars and financed the company in its early years. Nobul plans to continue geographic expansion across the United States and Canada and to add mortgages and insurance to its marketplace to create additional revenue streams. Management emphasizes a continued focus on profitability and growth as it scales.

Participated · Series A · Jun 2021

Rebelstork (branded as REBEL) provides a technology platform and marketplace that processes, quality-checks, and resells returned, never-used inventory for retail partners, turning costly returns into recovered revenue while offering consumers steep discounts. Its proprietary returns recommerce system has processed more than one million products as of August 2025, reflecting 2,640% growth in three years. The service diverts significant waste from landfills and is projected to keep over 25 million pounds of goods out of landfills by year-end 2025. Having started in the baby category, the company expanded into home goods earlier in 2025 and is now moving into higher-ticket outdoor and sporting goods—including water and winter sports, camping, and athletic gear—through existing retail partnerships. REBEL’s marketplace gives shoppers savings of up to 70% off while helping retailers meet sustainability goals and recapture value from returned merchandise. Certified as a B-Corp, the company positions circular retail at the core of its mission and branding. Rapid retailer adoption and consumer demand underscore its traction and support ongoing vertical expansion.

Participated · Equity · Mar 2021

Wesana Health focuses on developing psychedelic-assisted and naturally sourced treatments, including psilocybin-based medicine, to address neurological and psychological harms from traumatic brain injury. The company emphasizes evidence-based formulations and protocols developed through clinical research and academic partnerships. Proceeds from its recent financing will primarily fund preclinical and clinical development of its therapies and enable expansion of its senior leadership team. Wesana positioned the financing ahead of a planned go-public transaction via a reverse takeover. The company highlights patient empowerment and advancing alternative treatments for TBI as core mission priorities. No operating metrics (revenue or user figures) were disclosed in the announcement. Wesana Health is an emerging life sciences company committed to patient empowerment and the advancement of psilocybin-based medicine to improve health and wellness. The company champions development and delivery of psychedelic and naturally-sourced therapies to treat traumatic brain injury (TBI). Through extensive clinical research and academic partnerships, Wesana is developing evidence-based formulations and protocols to help patients overcome neurological, psychological and mental health ailments caused by trauma. The company announced the close of a $4 million convertible note financing round led by The Conscious Fund and Ambria Capital. Wesana positions itself around evidence-based approaches and academic collaborations as it advances its therapeutic programs. The financing reflects a capital event reported by the company to support its ongoing development activities.

Led · Series A · Aug 2020

Chicago-based Fyllo, led by founder and CEO Chad Bronstein, delivers the Compliance Cloud, a suite of software and services that simplifies regulatory management for companies operating in tightly controlled sectors like cannabis. Its offering combines compliance monitoring, data services and marketing tools, and is complemented by the Fyllo Data Marketplace, which lets mainstream advertisers target cannabis and CBD consumers. The company is expanding its capabilities through M&A, including the February 2021 acquisition of retail and marketing platform DataOwl. Fyllo plans to continue strategic acquisitions and aggressive hiring to bolster its technology stack. Year-to-date in 2021 the business has grown revenue more than 100% and expanded headcount by roughly 275%, adding executives from firms such as Twitter and Salesforce. These metrics underscore rising demand for compliance-first SaaS in regulated markets, positioning Fyllo for continued growth.