The Venture Codex Logo

The Venture Codex

New Form Capital

809 Broadway, 10th Floor, New York, NY, 10003, United States

Overview

New Form Capital is an early stage venture capital firm making long term investments in FinTech applications of Blockchain technology.

Total investments
21
Lead investments
6
Investments · 12mo
1
Active investors
2

Sector focus

  • Blockchain
  • FinTech
  • Internet
  • Venture Capital
Visit website

Investment portfolio

  • TestMachine

    Led · Equity · Dec 2025

    TestMachine is building Predator, an artificial-intelligence security engine that scans centralized and decentralized exchanges—including Coinbase—to detect malicious activity across more than one million crypto tokens. The platform delivers real-time monitoring and has reportedly flagged every rug-pull event, totaling US$12 million, within a sample of 11,000 tokens. By combining AI models with blockchain data, Predator aims to provide early-warning signals and actionable insights to traders, exchanges, and other ecosystem participants. The fresh capital will allow TestMachine to scale global coverage and further enhance the platform’s detection capabilities. Future plans include deeper exchange integrations and broader token coverage as the company positions itself as a standard layer of security for on-chain assets. The recent US$6.5 million raise is the company’s first publicly disclosed round, providing the financial runway to accelerate product development and international expansion.

  • Niural

    Participated · Series A · Jun 2025

    Niural provides an AI-native platform that automates global payroll, benefits, payments, and compliance, serving businesses in more than 150 countries. The company operates regulated financial and compliance infrastructure, including proprietary tax engines and regulated money movement capabilities, and runs payroll and payments globally. Since launching a master medical partnership with Aetna in April 2026, Niural said it crossed $200 million in annualized gross revenue on its PEO product and moves billions of dollars in global transaction volume for customers such as Rillet, Sevaro, ConductorOne, and Polygon. Institutional partnerships include Aetna, Guardian, and Kaiser. Niural also built EMMA, an executional AI coworker, and has launched Niural AI Labs to develop long-horizon, production-grade agents for high-stakes work. The company intends for research and breakthroughs from the Lab to feed back into its product to increase automation, reduce manual handoffs, and strengthen compliance.

  • Caliza

    Participated · Series A · Jul 2024

    Caliza offers an API and front-end payment system that routes cross-border transfers using Circle’s reserve-backed USDC and existing real-time payment networks to enable instant settlement. Its product gives international merchants U.S. digital dollar accounts and targets banks, fintechs, businesses (for payroll and supplier payments) and remittance customers. The startup was founded in 2021 by Ezra Kebrab, who previously worked at Visa and now lives in São Paulo; the company is headquartered in the United States and most of its 10-person team is based in Brazil. Caliza plans to expand into Mexico in the fall and intends to double its Brazil headcount with proceeds from the new round. The company emphasizes regulatory and compliance efforts as part of its expansion and licensing work. Its mission cites mitigating currency volatility risk in Latin America and expanding access to instant, stable liquidity. Caliza builds API infrastructure that lets banks and fintech companies embed digital U.S. dollar accounts, real-time cross-border payments, and fiat-to-crypto on/off ramps within their services. The company intends to use recent funding to grow the team and develop additional financial services such as access to U.S. Treasury bills with on-demand liquidation capability and international credit cards. Caliza currently offers its services in Brazil and plans to expand into Mexico by early 2024, with other countries across Africa and Southeast Asia on its roadmap. The platform enables customers to save and transact in U.S. dollars regardless of location and to exchange currency instantly. Founded in 2021 by Ezra Kebrab, the company emphasizes enabling customers to build wealth and move money in dollars via partner banks and fintechs.

  • tread.fi

    Led · Seed · Jul 2024

    Tread.fi provides high-performance algorithmic trading infrastructure aimed at institutional digital asset firms. Led by CEO David Jeong, the platform offers advanced execution algorithms, low-latency direct market access, comprehensive transaction cost analysis, and portfolio management tools. It also includes a proprietary multi-party, peer-to-peer internal crossing engine that nets active trades to reduce overall trading costs, leaving only residual imbalances to be executed through external liquidity sources. The company targets efficiency and cost reduction in institutional digital-asset trading workflows. Tread.fi recently completed a financing that expands its early-stage runway and product development focus. The business is based in New York City.

  • Altitude

    Led · Seed · Jan 2024

    Altitude develops active loan-management and automation tools intended to increase utilization and capital efficiency in decentralized lending markets. The team is described as experienced and DeFi‑native and the product aims to simplify collateralized DeFi lending for users. The company has completed on‑chain tests in recent months and is preparing a private beta in early 2024. Financially, Altitude has raised a $6.1M seed round and previously completed a $2.1M pre‑seed from a broad group of strategic Web3 founders and angels. Investors and angels who backed the company include institutional VCs and numerous Web3 founders and prominent angels named in the articles.

Team