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The Venture Codex

Overview

Multi-strategy asset management firm for insurance capital creation.

Deals ยท 12mo

2

Stage focus

Debt

Geographic focus

United States

Sector focus

Asset Management
Insurance
Wealth Management

Investment portfolio

8rounds
NAMEDATESIZE
inKind
Jul 2026Led
$320 MDebt
Fervo Energy
Dec 2025Participated
$462 MSeries E
Omnidian
Apr 2025Participated
$87 MOther Equity
Crusoe Energy Systems
Mar 2025Participated
$225 MDebt
Surf Internet
Feb 2025Participated
$475 MDebt
Fervo Energy
Dec 2024Participated
$135 MOther Equity
AMP
Dec 2024Participated
$91 MSeries D
Fervo Energy
Feb 2024Participated
$244 MOther Equity
inKind
Jul 2026Led
$320 MDebt
Fervo Energy
Dec 2025Participated
$462 MSeries E
Omnidian
Apr 2025Participated
$87 MOther Equity
Crusoe Energy Systems
Mar 2025Participated
$225 MDebt
Surf Internet
Feb 2025Participated
$475 MDebt
Fervo Energy
Dec 2024Participated
$135 MOther Equity
AMP
Dec 2024Participated
$91 MSeries D
Fervo Energy
Feb 2024Participated
$244 MOther Equity
8
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Insights

Time horizon

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Deal Distribution

Liberty Mutual Investments: 8 funding rounds are recorded in the selected participation categories.All available history.
Liberty Mutual Investments: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series C+02
Other Equity03
Debt12

Monthly Deal Activity

Liberty Mutual Investments: 8 deals are recorded across 33 months.All available history.
Liberty Mutual Investments: 8 deals are recorded across 33 months. All available history
MonthDeals
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '242
Jan '250
Feb '251
Mar '251
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Liberty Mutual Investments: Clean Energy & Sustainability is the largest displayed sector by deal count (6 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.

Liberty Mutual Investments: Clean Energy & Sustainability is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Clean Energy & Sustainability6
Space & Frontier Tech3
Networks, Cloud & Communication3
Hardware & Robotics2
AI & Machine Learning2
Enterprise Software1
E-Commerce & Retail1
Data, Analytics & IT1
Real Estate & Construction1
Marketing & Advertising1
Fintech1
Media & Entertainment1
Food & Agriculture1
Professional Services1

Deal Size Distribution

Liberty Mutual Investments: 8 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.

Liberty Mutual Investments: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M2
$100M-$250M3
$250M-$500M3
$500M-$1B0
$1B+0

Deals By Geography

Liberty Mutual Investments: United States has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Liberty Mutual Investments: United States has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
United States8
Liberty Mutual Investments: 20 co-investors are shown, with Congruent Ventures sharing 4 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

Liberty Mutual Investments: Led accounts for 13% and participating for 88% of round participation.All available history.
Liberty Mutual Investments: Led accounts for 13% and participating for 88% of round participation. All available history
CategoryDeals (count)Share (%)
Led113%
Participating788%
Liberty Mutual Investments: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Liberty Mutual Investments: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Julie Haase

Executive Vice President, Executive Managing Director and Chief Operating Officer