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The Venture Codex

Overview

Early stage venture capital investment firm....

Founded

2021

Deals ยท 12mo

3

Stage focus

Seed
Series A

Geographic focus

Australia
India
United States

Sector focus

Financial Services

Investment portfolio

15rounds
NAMEDATESIZE
Gaia Dynamics
Sep 2026Participated
$7 MSeed
Apate.ai
Aug 2026Led
$8 MSeed
Mesh Security
Jan 2026Led
$12 MSeries A
Stack AI
May 2025Led
$16 MSeries A
Vantage Discovery
Jun 2024Led
$16 MSeries A
Kolena
Sep 2023Led
$15 MSeries A
Faros AI
Jun 2023Led
$20 MSeries A
Ownify
May 2023Led
$7 MSeed
Procyon
Feb 2023Led
$7 MOther Equity
EarlyBird
Feb 2023Participated
$3 MOther Equity
The Easy Company
Jan 2023Participated
$14 MSeed
ForeVR Games
Oct 2022Led
$10 MSeries A
Gaia Dynamics
Sep 2026Participated
$7 MSeed
Apate.ai
Aug 2026Led
$8 MSeed
Mesh Security
Jan 2026Led
$12 MSeries A
Stack AI
May 2025Led
$16 MSeries A
Vantage Discovery
Jun 2024Led
$16 MSeries A
Kolena
Sep 2023Led
$15 MSeries A
Faros AI
Jun 2023Led
$20 MSeries A
Ownify
May 2023Led
$7 MSeed
Procyon
Feb 2023Led
$7 MOther Equity
EarlyBird
Feb 2023Participated
$3 MOther Equity
The Easy Company
Jan 2023Participated
$14 MSeed
ForeVR Games
Oct 2022Led
$10 MSeries A
15
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Insights

Time horizon

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Deal Distribution

Lobby Capital: 15 funding rounds are recorded in the selected participation categories.All available history.
Lobby Capital: 15 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed22
Series A80
Other Equity21

Monthly Deal Activity

Lobby Capital: 15 deals are recorded across 62 months.All available history.
Lobby Capital: 15 deals are recorded across 62 months. All available history
MonthDeals
Sep '211
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '231
Feb '232
Mar '230
Apr '230
May '231
Jun '231
Jul '230
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '261
Oct '260

Sector Breakdown

Lobby Capital: AI & Machine Learning is the largest displayed sector by deal count (7 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.

Lobby Capital: AI & Machine Learning is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
AI & Machine Learning7
Enterprise Software6
Professional Services4
Education & Workforce3
Cybersecurity & Privacy2
Data, Analytics & IT2
Space & Frontier Tech2
Networks, Cloud & Communication2
Media & Entertainment2
E-Commerce & Retail1
AR/VR1
Real Estate & Construction1
Hardware & Robotics1
Crypto & Blockchain1
Fintech1
Manufacturing1
Gaming & eSports1
Developer Tools1

Deal Size Distribution

Lobby Capital: 15 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.

Lobby Capital: 15 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M4
$10M-$25M9
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Lobby Capital: United States has the largest recorded deal count among the displayed regions (12 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Lobby Capital: United States has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
United States12
Australia1
Israel1
India1
Lobby Capital: 20 co-investors are shown, with First Rays Venture Partners sharing 2 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

Lobby Capital: Led accounts for 80% and participating for 20% of round participation.All available history.
Lobby Capital: Led accounts for 80% and participating for 20% of round participation. All available history
CategoryDeals (count)Share (%)
Led1280%
Participating320%
Lobby Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Lobby Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead12100%
Co-led00%

Team

Buddy Arnheim

Founding Partner

David Hornik

Founding Partner

Eric Carlborg

Founding partner

Kevin H. Johnson

Venture Partner

Selina Tobaccowala

Venture Partner