The Venture Codex

Participated · Series A · Nov 2025

Joy is a San Francisco-based company developing an advanced artificial-intelligence platform tailored to the needs of parents. Through its flagship offering, the Joy Parenting Club, members receive round-the-clock access to certified parenting professionals, including parent coaches and lactation consultants. The platform aims to improve every stage of the parenting journey by combining expert human guidance with AI-driven personalization. Looking ahead, Joy plans to deepen integrations with leading baby and parenting brands to create a more seamless ecosystem for families. The company also intends to expand its network of specialists so it can cover a wider range of childhood topics and developmental milestones. Newly secured capital will further accelerate product development, broaden service coverage, and enhance the underlying AI technology that powers user experiences.

Participated · Equity · Aug 2025

Welcome Tech operates a digital platform built for immigrants, offering access to healthcare, jobs, education and financial tools. The company serves both immigrant community members and enterprise partners, enabling inclusive economic participation and helping employers recruit, retain and serve a diverse workforce. It reports over 4.5 million registered members and a growing base of enterprise partners. Led by CEO Amir Hemmat, Welcome Tech plans to accelerate development of its proprietary AI infrastructure and expand its workforce engagement platform. The company raised new capital to fund product and platform growth and scale its services to employers and immigrant users. Its headquarters are in Los Angeles, California. Welcome Tech offers a suite of products for immigrants, including a bilingual mobile app, a debit card/digital wallet, educational content (SABEResPODER), a Rewards Center, FarmaSEP prescription savings and PODERSeguros auto insurance assistance. The company says it is approaching 4 million registered and active users, surpassed about 1 million app downloads, and has opened more than 500,000 fee-free bilingual bank accounts. From March 2021 to March 2022, wallet growth increased 2,200% and digital-wallet revenue rose 2,800%; its subscription service (launched January 2021) saw 50% quarter-over-quarter growth between Q1 2021 and Q1 2022. Welcome Tech relies on both digital and offline user acquisition channels, including partnerships with embassies and consulates, and emphasizes education-first trust building to lower acquisition costs. The company is not yet profitable and has expanded its team from 20 to 80 employees since its last raise; the board and staff report substantial ethnic diversity. Leadership says the raise will fuel steps toward building a full "operating system" for immigrants and eventual expansion beyond the U.S. Welcome Tech has built a bilingual digital platform, SABEResPODER, that provides educational resources, information and services targeted initially at the U.S. Hispanic community. The company launched a banking service (including a debit card and bilingual mobile app) six months prior to the article and in January introduced a $10/month subscription that offers discounted healthcare resources and free televisits. Welcome emphasizes earning community trust and gathering data before rolling out financial products, positioning financial services as its beachhead. Its platform is approaching 3 million active users, according to CEO Amir Hemmat. Founders Amir Hemmat and Raul Lomeli-Azoubel say the company aims to be a “digital Ellis Island” and plans to use new capital to build partnerships and increase awareness. Welcome operates out of Los Angeles with an office in San Antonio, Texas. Welcome Technologies is a Los Angeles‑based certified B‑corporation providing a platform that connects the global immigrant community to information, products, and services. The company leverages data from distribution channels that reach over 9 million immigrants a year and has built AI-powered products across affordable healthcare, micro-loans, educational resources, and more. Welcome reports a membership of nearly 2 million immigrants and uses that scale to deliver services and insights. Led by Chairman Raul Lomeli-Azoubel and CEO Amir Hemmat, the company recently strengthened its management team with hires including Joe Munoz, Christopher Gulczynski, Rene Garcia, and Gavin Hewitt. It closed an $8M Series A and intends to use the proceeds to expand its digital offerings and build an operating system for immigration. Welcome focuses on combining platform distribution, data, and AI to improve immigrant outcomes and product reach.

Led · Equity · Feb 2025

Little Otter provides AI-powered virtual mental health care that treats children (0–18) and their families with a holistic, evidence-backed suite of services. Its platform uses advanced AI to triage patients, personalize services, and scale assessments alongside human clinicians. The company is available in 15 states and plans to expand state coverage to reach millions of families covered by Medicaid and commercial insurance. In 2024 Little Otter achieved 2.5x revenue growth and delivered over 56,000 care visits, with 85% of families reporting progress within six sessions and 71% of children achieving remission after 12 sessions. The company is unveiling a brand refresh and intends to continue leveraging data-backed outcomes to improve access and effectiveness. Founded in 2020 by Dr. Helen Egger and Rebecca Egger, Little Otter emphasizes clinical excellence across mild to severe conditions. Little Otter offers a precision digital mental health platform that assesses family needs via a questionnaire, delivers a personalized report, and matches families with a personal care lead who builds a tailored care plan. The platform provides virtual, on-demand integrated care with parenting specialists, early childhood-trained therapists, couples therapists and pediatric psychiatrists. Co-founded in May 2020 by Rebecca Egger and Dr. Helen Egger, the company emphasizes treating the whole family and uses proprietary assessment methods and data visualization. Little Otter reports 45% month-over-month growth and says 85% of families using its care plans reach clinical improvements within six sessions. It is currently available in California, Colorado, North Carolina and Florida and plans to be available nationally by 2023. The company aims to become an in-network benefit covered by insurance plans and employers while investing in a state-of-the-art tech and data platform and hiring a chief technology officer to scale.

Participated · Series B · Apr 2024

Coalesce offers a data transformation platform built to work exclusively with Snowflake's Data Cloud. Its platform automates repetitive data transformation processes while standardizing data, combining an intuitive GUI, code flexibility, and automation to help data teams manage transformations more efficiently. Coalesce serves multiple Fortune 500 customers and is based in San Francisco. The company plans to use newly raised capital to further develop its platform, enhance performance, and introduce AI features. It also intends to expand its reach into existing Snowflake customers and grow its team from roughly 80 to about 100 employees by the end of the year. Coalesce closed a $50M Series B in April 2024, bringing total funding to $81M. Coalesce provides enterprise-focused data transformation tools that simplify modeling, cleansing and governance for analytics workflows. Its platform is built primarily for the Snowflake cloud and uses a column-aware architecture that leverages metadata to manage relationships during transformations. Users can apply automation templates that are editable and shareable, either via a visual design tool or code. Customers commonly engage Coalesce to transform data from disparate databases, apps and systems to meet specifications and to speed business intelligence queries. The company competes with legacy ETL and data integration vendors such as Informatica, Talend, Matillion, Incorta and Etleap. Coalesce was born during the pandemic, has multiple Fortune 500 customers, 40 salaried employees across four countries, and plans to invest in marketing, sales and engineering while building out its product and ecosystem. Coalesce provides a Data Transformation platform that simplifies the modeling, cleansing, governance, and documentation of data. The platform is designed to bring efficiency and flexibility to analytics and to increase data engineer productivity and insights for data-intensive architectures. Coalesce's platform is GA-ready for select customers on Snowflake now. Led by CEO and co-founder Armon Petrossian, the company plans to use its new funding to advance platform development while growing sales, marketing, and engineering functions. The company also intends to invest in its go-to-market strategy. Coalesce raised $5.92M in Seed funding to support these efforts.

Participated · Series B · Apr 2024

Coalesce is a San Francisco–based company that builds a suite of data transformation services, apps and tools designed to standardize and automate repetitive data transformation processes. The platform uses metadata to manage transformations and is built to work exclusively with Snowflake’s Data Cloud. Coalesce says its automation reduces manual coding and pipeline work, lowering costs and accelerating time-to-value for data teams. The company reports recurring revenue grew 4x year-over-year in the fiscal year ending January 2024 and counts “multiple” Fortune 500 customers. Coalesce plans to improve platform performance, introduce AI features (including capabilities tied to generative AI and machine learning) and focus on reaching existing Snowflake customers. The company has an ~80-person team and plans to expand to around 100 employees by the end of the year. Coalesce.io builds a data transformation product that unifies a graphical user interface, code, and automation to speed data teams' work and improve data quality. The company is led by CEO Armon Petrossian and has expanded its team into EMEA. It announced strategic partnerships with Snowflake and Fivetran and achieved SOC 2 compliance in 2022. Coalesce intends to use its new funding to invest in the product and its ecosystem. The company secured a $26M Series A to support these plans and continued growth in its platform and partnerships.