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The Venture Codex

Overview

Growth equity firm investing in software and tech-enabled services.

Founded

2011

Deals ยท 12mo

2

Stage focus

Series B
Series C

Geographic focus

United States

Sector focus

Enterprise Software
Information Services
Internet
Software

Investment portfolio

73rounds
NAMEDATESIZE
Pepper
Feb 2026Led
$50 MSeries C
Artera
Dec 2025Led
$65 MOther Equity
BinSentry
Aug 2025Led
$50 MSeries C
Nerdio
Mar 2025Participated
$500 MSeries C
Grafana Labs
Aug 2024Participated
$270 MSeries D
Nucleus Security
Feb 2024Led
$43 MSeries B
LiveView Technologies
Jun 2022Participated
$50 MSeries B
Akuity
May 2022Led
$20 MSeries A
Material Bank
May 2022Participated
$175 MSeries D
Grafana Labs
Apr 2022Participated
$240 MSeries D
Nucleus Security
Mar 2022Led
$20 MSeries B
Workiz
Nov 2021Led
$40 MSeries C
Pepper
Feb 2026Led
$50 MSeries C
Artera
Dec 2025Led
$65 MOther Equity
BinSentry
Aug 2025Led
$50 MSeries C
Nerdio
Mar 2025Participated
$500 MSeries C
Grafana Labs
Aug 2024Participated
$270 MSeries D
Nucleus Security
Feb 2024Led
$43 MSeries B
LiveView Technologies
Jun 2022Participated
$50 MSeries B
Akuity
May 2022Led
$20 MSeries A
Material Bank
May 2022Participated
$175 MSeries D
Grafana Labs
Apr 2022Participated
$240 MSeries D
Nucleus Security
Mar 2022Led
$20 MSeries B
Workiz
Nov 2021Led
$40 MSeries C
73
Items
...
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Insights

Time horizon

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Deal Distribution

Lead Edge Capital: 73 funding rounds are recorded in the selected participation categories.All available history.
Lead Edge Capital: 73 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A45
Series B411
Series C+1125
Other Equity67

Monthly Deal Activity

Lead Edge Capital: 73 deals are recorded across 160 months.All available history.
Lead Edge Capital: 73 deals are recorded across 160 months. All available history
MonthDeals
Jul '132
Aug '130
Sep '131
Oct '130
Nov '130
Dec '131
Jan '141
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '141
Aug '141
Sep '140
Oct '140
Nov '141
Dec '141
Jan '150
Feb '150
Mar '150
Apr '150
May '152
Jun '150
Jul '151
Aug '150
Sep '151
Oct '151
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '161
Jul '161
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '171
Jun '170
Jul '171
Aug '170
Sep '170
Oct '172
Nov '170
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '181
Nov '181
Dec '182
Jan '190
Feb '191
Mar '190
Apr '190
May '191
Jun '191
Jul '191
Aug '190
Sep '190
Oct '193
Nov '191
Dec '190
Jan '201
Feb '201
Mar '201
Apr '200
May '203
Jun '201
Jul '201
Aug '202
Sep '201
Oct '201
Nov '201
Dec '202
Jan '210
Feb '212
Mar '211
Apr '211
May '211
Jun '212
Jul '211
Aug '211
Sep '212
Oct '211
Nov '212
Dec '210
Jan '220
Feb '220
Mar '221
Apr '221
May '222
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Lead Edge Capital: Enterprise Software is the largest displayed sector by deal count (36 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Lead Edge Capital: Enterprise Software is the largest displayed sector by deal count (36 deals). All available history
SectorDeals
Enterprise Software36
Networks, Cloud & Communication34
Data, Analytics & IT17
E-Commerce & Retail11
Developer Tools11
Professional Services10
Health & Life Sciences9
Cybersecurity & Privacy8
Real Estate & Construction8
Transportation & Logistics6
Marketing & Advertising6
AI & Machine Learning6
Social & Community Platforms6
Hardware & Robotics5
Food & Agriculture5
Fintech3
Media & Entertainment3
Education & Workforce2
Travel & Hospitality1
Government & Defense1
AR/VR1
Space & Frontier Tech1

Deal Size Distribution

Lead Edge Capital: 73 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Lead Edge Capital: 73 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M6
$10M-$25M13
$25M-$50M14
$50M-$100M19
$100M-$250M13
$250M-$500M3
$500M-$1B1
$1B+0

Deals By Geography

Lead Edge Capital: United States has the largest recorded deal count among the displayed regions (61 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Lead Edge Capital: United States has the largest recorded deal count among the displayed regions (61 deals). All available history
RegionDeals
United States61
Europe6
Canada2
100162
907401
Brazil1
Lead Edge Capital: 20 co-investors are shown, with Insight Partners sharing 9 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Lead Edge Capital: Led accounts for 34% and participating for 66% of round participation.All available history.
Lead Edge Capital: Led accounts for 34% and participating for 66% of round participation. All available history
CategoryDeals (count)Share (%)
Led2534%
Participating4866%
Lead Edge Capital: Single-lead accounts for 72% and co-led for 28% of lead dynamics.All available history.
Lead Edge Capital: Single-lead accounts for 72% and co-led for 28% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1872%
Co-led728%

Team

Brian Lobdell

Principal

David Berdoff

Vice President

Lisa Anderson

Director of Administration

Mitchell Green

Founder and Managing Partner