The Venture Codex Logo

The Venture Codex

Overview

Venture capital firm investing in early-stage enterprise software companies

Founded

2016

Deals · 12mo

3

Links

Stage focus

Series A
Series B

Geographic focus

Canada

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

  • Tangos

    Participated · Seed · Jul 2026

    Founded in 2025 and based in Tel Aviv, Tangos builds an autonomous AI investigation platform for financial crime, sanctions, fraud and compliance investigations. The platform combines domain-trained AI systems, structured investigative workflows and auditability to evaluate evidence, test hypotheses, validate findings and produce regulator-ready case files. Tangos targets financial institutions, fintech companies, government agencies and intelligence organizations and is already supporting major customers in high-stakes investigations. The leadership team includes veterans from sanctions enforcement, intelligence and banking, including former officials from the U.S. Treasury's Office of Foreign Assets Control and senior Israeli intelligence leaders. Tangos positions its technology to expand investigative capacity, improve consistency and address shortages of experienced investigators.

  • Matia

    Participated · Series A · Feb 2026

    Matia delivers a single platform that consolidates data ingestion, observability, cataloging and reverse ETL, giving developers end-to-end visibility and control over production data pipelines. Built for the AI-native era, it replaces fragmented point solutions and supplies the context needed for trusted, scalable data systems. The company has grown more than 10× in the past year as customers such as Ramp, Drata, HoneyBook and Lemonade standardize on its platform. Users report up to a 78 % reduction in total cost of ownership by eliminating multiple standalone tools. Matia is now developing an AI data engineer that will autonomously create pipelines, detect anomalies and run impact analyses, further easing operational burdens. Including its Series A, the company has raised over $31 million to fuel continued product innovation and go-to-market expansion.

  • Upwind Security

    Participated · Series B · Jan 2026

    Upwind Security develops AI-driven cloud security solutions aimed at protecting cloud environments. The company has attracted significant investor interest, most recently a tens-of-millions follow-on investment from Salesforce Ventures at a $1.6 billion valuation. That financing came two months after a prior $250 million round, underscoring strong funding momentum. Public reporting does not disclose revenue, user metrics, or detailed product roadmap in these articles. Likewise, specific plans for the new capital were not reported. The coverage frames the company as a well-funded, growth-stage player in cloud security backed by strategic and venture investors.

  • Vellum

    Led · Series A · Jul 2025

    Vellum provides an end-to-end platform that lets cross-functional teams define, test, deploy and monitor AI workflows through a visual UI and SDK. The platform couples workflow orchestration, evaluations, testing, deployment and live monitoring to help teams move models from prototype to production. Vellum is GA and emphasizes reliability, compliance, and observability, making it suited for highly regulated industries. Customers such as Drata, Swisscom, Redfin and Headspace use the platform for use cases from automated customer support to secure, compliance-ready workflows. The company reports Vellum customers achieve 10x faster time to market and cites broad enterprise demand where many organizations lack comprehensive AI strategies. Vellum is venture-backed and has received $24.5 million of funding to date. Vellum.ai builds tooling to improve generative AI prompting, born from founders' experience building production LLM applications. The product includes side-by-side model output comparison, company-specific data search to add context to prompts, testing, version control and fine-tuning/semantic search capabilities. The team—led by CEO and co-founder Akash Sharma with co-founders Noa Flaherty and Sidd Seethepalli—spun out of work at Dover and surfaced at Y Combinator’s Winter 2023 demo day. Vellum positions itself to help companies take LLM prototypes into production by preventing hallucinations and handling edge cases through refined prompts and prompt-chaining logic. The startup reports 40 paying customers and revenue growing roughly 25%–30% month-over-month, with pricing in the three- to four-figure-per-month range and a healthy seed-stage run rate. The founders argue the expanding enterprise demand for LLMs will drive continued need for prompt-engineering tooling.

  • CereTax

    Participated · Equity · Jun 2024

    CereTax provides a sales tax automation platform that leverages cloud technology and a relationship-first team of indirect tax experts to power enterprise sales tax calculations. The platform processes millions of transactions per month for enterprises, enabling reliable and compliant tax calculations. This year the company's revenue has more than tripled year-over-year and it has enabled 20+ channel partners. CereTax intends to use the new funding to further invest in product innovation and to support customers and partners. The company is led by CEO Mike Sanders and is based in Atlanta, GA. It also announced the addition of Robert Alvarez to its board of directors. CereTax offers an intelligent sales tax automation platform engineered to support complex business tax requirements and modernize tax calculation. The company's first tax automation solution was built to take advantage of recent technological advancements and was launched out of stealth. CereTax provides solutions for sales and use tax issues and related categories such as communications tax and buyer-side taxation. The company is headquartered in Alpharetta, Georgia. Following its emergence from stealth, CereTax is focused on expanding into multiple markets and increasing integrations with accounting and ERP platforms to drive user adoption. In August 2022 the company completed a $10.0M seed raise to fund that growth.

Insights

Team