The Venture Codex

Participated · Equity · Feb 2026

Subject provides an AI-enabled instructional platform that offers accredited original-credit and credit-recovery courses for middle and high school students. Its product suite includes Teacher of Record AI, Multilingual AI, bite-sized video lessons, homework help, progress-monitoring dashboards, and analytics designed to boost graduation rates. The company partners with roughly 360 school districts and organizations, reaching nearly 1,000 schools nationwide. Subject’s content carries key accreditations such as Cognia and WASC and approvals from UC-AG, NCAA, and the College Board, giving districts confidence in course quality. Future plans include accelerating development of its AI capabilities, expanding the catalog of accredited courses, and deepening automation tools that save educators time. The firm also intends to ramp up go-to-market efforts in priority U.S. regions while strengthening relationships with existing district customers.

Participated · Series C · Jan 2026

Luxury Presence provides agent-branded websites, marketing tools, and its new Presence® CRM, an AI relationship engine that analyzes an agent’s contacts, social followers, communication history, and third-party data to surface likely sellers or buyers and draft personalized outreach. The platform handles nearly 700 million annual interactions and 15 billion data points, enabling agents to grow six times faster and close almost three times more transaction volume than peers. Today the company serves 17,000 real estate businesses, is trusted by over 87,000 agents and brands, and supports $450 billion in annual transaction volume across 400,000+ listings. Luxury Presence reports more than $85 million in ARR and has achieved 110% ARR growth since its 2023 Series B-1 round. Founded in 2016 by CEO Malte Kramer, the firm positions Presence® CRM as a “system of action” that proactively uncovers hidden deals rather than relying on manual data entry. The new capital will accelerate the February 2026 rollout of Presence® CRM and strengthen the company’s broader AI platform. Luxury Presence operates from offices in Austin, Phoenix, Denver, Los Angeles, and New York.

Participated · Series B · Nov 2025

Alembic Technologies has built a proprietary Causal AI platform that uses graph neural-network architecture and continuous-learning spiking neural networks to reveal how specific business actions drive outcomes. Its first application lets marketers connect every advertising dollar to resulting revenue, and the company plans to broaden the engine’s causal-inference analysis across other enterprise functions. Current Fortune 500 clients include Delta Air Lines, Mars, and founding customer NVIDIA. To support rising data volumes and demand, Alembic is deploying an NVIDIA NVL72 SuperPOD cluster at Equinix’s SV11 data center, powered by the NVIDIA AI Enterprise software suite. This high-performance computing backbone will enable real-time causal insights as customer datasets expand. The company is headquartered in San Francisco and is led by founder and CEO Tomás Puig.

Participated · Series A · Sep 2025

Higgsfield builds an AI-driven platform for generating and iterating short-form video, emphasizing workflows that let users repeatedly rework clips rather than producing one finished asset. The company publicly launched in 2025 and has grown to more than 15 million users across 240 countries. Its business has shifted toward enterprise marketing customers, which now comprise the majority of revenue after moving from under a quarter earlier in 2025. Higgsfield reported annualised revenue of $500 million, up from roughly $200 million at the end of 2025. The team was founded in 2023 by Alex Mashrabov—who previously sold AI Factory to Snap and led generative AI there—alongside CTO Yerzat Dulat and co-founder Mahi de Silva. Management says future investment will prioritize enterprise product development, security, and scaling compute capacity to meet video-generation demand.

Participated · Series C · Jul 2025

SAFE builds an Agentic AI‑native Cyber Risk Singularity platform that delivers autonomous cyber risk management across CRQ, TPRM, and CTEM. The company positions its platform as transparent and context‑aware versus traditional black‑box approaches, and it recently unveiled a fully autonomous CTEM solution powered by dozens of autonomous AI agents. SAFE says it redefined CRQ and was the first to deliver fully autonomous TPRM; since launching TPRM in 2024, over 50% of its customers have adopted that module. Forrester named SAFE the leader in its Cyber Risk Quantification Solutions Wave of Q2 2025. SAFE reports consistent 120%+ year‑over‑year growth since launching its platform in 2020 and triple‑digit revenue growth for three consecutive years. The company counts Google, Fidelity, T‑Mobile, Chevron, and IHG among customers and has raised more than $170 million to date. Safe Security offers an AI-based cyber risk management SaaS platform that provides an aggregated view of enterprise cyber risk. The platform gives cybersecurity teams visibility across their entire attack surface, technology, people, and third parties, enabling organizations to take a predictive posture on likely cyber risk scenarios. Using predictive AI-driven data models co-developed with MIT, Safe Security helps customers prioritize cyber investments to mitigate risk. Led by CEO Saket Modi, the company intends to use the new funding to expand operations and broaden its business reach. Financially, Safe Security raised $50M in a Series B that brought total capital raised to over $100M. The company is based in Palo Alto, California. Safe Security, founded in 2012, provides the SAFE security assessment framework to help organizations measure and mitigate enterprise-wide cyber risk. The SAFE platform estimates the likelihood of major cyberattacks, calculates a financial cost for customer risks, and delivers actionable remediation guidance. Its service is used by companies including Facebook, Softbank and Xiaomi. The company secured a $33M investment from U.K. telco BT, bringing total capital raised to $49.2M. As part of the deal BT will combine SAFE with its managed security services, gain exclusive rights to use and sell SAFE to U.K. businesses and public-sector bodies, and collaborate on future product development. Safe Security plans to double its engineering team by the end of the year.