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The Venture Codex

Lead Edge Capital

96 Spring Street, Floor 5, New York, 10012, United States

Overview

Lead Edge Capital is a $5 billion growth equity firm investing in software, internet, and tech-enabled services businesses globally. The firm has invested in a number of major software and internet companies around the world, including Alibaba Group, Arrive Logistics, Asana, Azul Systems, Bazaarvoice, Benchling, Clearscore, Duo Security, Grafana, GrowthZone, Holistiplan, LeanStaffing, LiveView Technologies, Pacemate, Safesend, Signal Sciences, Tempo, Toast, Wise, and YouSign. Lead Edge has invested in more than 100 companies worldwide and has seen over 60 portfolio companies achieve an exit. One of the main drivers of Lead Edge’s success is its unique investor base, a group of 700+ executives, entrepreneurs, and dealmakers who have built and run some of the world’s most successful companies. In addition to providing flexible capital, Lead Edge leverages this global advisory group to connect portfolio companies with the customers, partners, talent, and advisors needed to accelerate growth. Lead Edge Capital was founded in 2011 and has offices in New York City and Santa Barbara.

Total investments
73
Lead investments
25
Investments · 12mo
2
Active investors
12

Sector focus

  • Enterprise Software
  • Information Services
  • Internet
  • Software
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Investment portfolio

  • Pepper

    Led · Series C · Feb 2026

    Pepper is a New York City–based company offering a unified software platform that helps independent food distributors manage ordering, sales and marketing, accounts receivable, and embedded payments in one place. Its AI-driven tools aim to boost distributor revenue, increase workforce productivity, and optimize daily operations. The platform currently powers more than 500 distributors that collectively represent approximately $30 billion in annual gross merchandise volume. Pepper also supports over 100,000 active restaurant and operator customers nationwide. With its all-in-one approach, the company positions itself as critical infrastructure for the independent food distribution ecosystem. Newly raised capital will be directed toward further product innovation and the deepening of its AI capabilities to accelerate adoption across the market.

  • Artera

    Led · Equity · Dec 2025

    Artera combines human expertise with AI Agents, Flows Agents, Co-Pilots and its Harmony platform to streamline every step of the patient journey, from scheduling and intake to billing and follow-up. Built on a proprietary data set of more than 2 billion patient–provider interactions involving over 200 million unique patients, the system delivers highly accurate, compliant and secure automation across text, phone and web channels. The platform is trusted by more than 1,000 healthcare organizations, including health systems, specialty groups, FQHCs and multiple U.S. federal agencies, and is white-labeled inside major EHRs such as Oracle Health and MEDITECH. Artera’s business is scaling rapidly, with the company projecting $100 million in Contracted Annual Recurring Revenue (CARR) by the end of 2025. Its security posture includes seven certifications and a FedRAMP High authorization process, underscoring a focus on compliance. With a decade of domain experience and an extensive distribution network, Artera aims to accelerate adoption of fully autonomous AI Agents that reduce administrative burden and improve patient access.

  • BinSentry

    Led · Series C · Aug 2025

    BinSentry builds and sells solar-powered, self-cleaning sensors that sit atop feed bins and transmit precise inventory data to a cloud platform, eliminating manual feed checks and reducing stock-outs. The sensors pair with a mobile dashboard that helps feed mills and large agricultural operations forecast demand, optimize delivery routes, and minimize waste. The company’s system is currently deployed on more than 40,000 bins across North America and Brazil, providing continuous, real-time monitoring. By automating inventory tracking, BinSentry aims to boost profitability for animal-agriculture customers while improving supply-chain efficiency. Management plans to use additional capital to accelerate global expansion beyond its existing markets. Revenue, user growth, or other financial metrics were not disclosed in the article.

  • Nerdio

    Participated · Series C · Mar 2025

    Nerdio provides a cloud-native platform, including Nerdio Manager for Enterprise, that helps businesses deploy and manage Azure Virtual Desktop, Windows applications, and optimize cloud costs via automation and auto-scaling. The company positions itself as a modern alternative to legacy virtual desktop vendors and targets organizations adopting remote and hybrid work. Nerdio spun out of IT-as-a-service company Adar in 2020 and is Chicago-based. Its customer roster includes PayPal, Sony, and Comcast. The company currently has about 300 employees and says it will significantly grow headcount to scale global presence and build customer support and engineering teams. Nerdio plans to use recent funding to enhance its product lineup across Azure Virtual Desktop, Windows 365, and Microsoft 365. Nerdio builds a platform that lets customers deploy, manage and cost-optimize virtual desktops running in Microsoft Azure, extending the native capabilities of Azure Virtual Desktop with auto-scaling, license optimization, security, monitoring and reporting. The company spun out from Adar in January 2020 after Adar was sold to a private equity firm; founders Vadim Vladimirskiy and Joseph Landes contributed to Nerdio’s first funding round in February 2020. Proceeds from the latest round will be used for customer acquisition, product R&D and hiring. Between February 2020 and the time of the article, Nerdio reported a 2,000% increase in annual recurring revenue and now serves more than 5,000 customers with over 1,000 channel partners. Nerdio has a close working relationship with Microsoft, including Microsoft veterans on its board and regular inclusion in Microsoft marketing materials. The company is based in Skokie, Illinois, currently employs around 100 people and plans to roughly double headcount next year. Nerdio provides Nerdio for Azure, an automation solution that helps managed service providers and IT professionals deploy, package, price, manage, cost-optimize, and secure Microsoft Azure environments. Its product set includes support for Windows Virtual Desktop and aims to make moves to Azure seamless for channel partners. The company evolved from an MSP to offering a private cloud business and is now focused entirely on Azure. Nerdio plans to use its new funding to drive product development, roll out additional Windows Virtual Desktop functionality, expand internationally, and add ecosystem partnerships while reinforcing support offerings. Leadership, including CEO Vadim Vladimirskiy and CRO Joseph Landes, are financially invested in the company and actively engaging channel partners. The company recently raised an $8 million Series A to support these initiatives.

  • Grafana Labs

    Participated · Series D · Aug 2024

    Grafana Labs offers a modular observability and data visualization platform used to monitor and visualize data in real time, emphasizing flexibility and scalability. The company’s platform is positioned to help organizations handle growing data volumes and heightened IT security requirements. Grafana Labs was founded in 2014 by Anthony Woods, Raj Dutt and Torkel Odegaard. According to the article, the company has raised a total of $1.055 billion in equity financing to date. It recently secured $250 million from eleven investors, with those proceeds intended to further develop the platform and expand the company’s market presence. The report frames Grafana Labs as a leading provider in the observability space within the New York startup ecosystem.

Team

  • Mitchell Green

    Founder and Managing Partner

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  • Scott Booth

    Founder

    LinkedIn
  • Lisa Anderson

    Director of Administration

    LinkedIn
  • Chris Pohl

    CFO