The Venture Codex Logo

The Venture Codex

Overview

Early stage investment in fintech and connected sectors in EU and UK.

Founded

2017

Deals ยท 12mo

9

Stage focus

Seed

Geographic focus

Denmark
United Kingdom
United States

Sector focus

Financial Services
Venture Capital

Investment portfolio

38rounds
NAMEDATESIZE
Quartz
Sep 2026Participated
$4 MSeed
LeoTrace
Sep 2026Participated
$2 MSeed
Capsa AI
Jun 2026Participated
$18 MSeries A
Infrawatch
May 2026Led
$3 MSeed
Firenze
Apr 2026Participated
$8 MOther Equity
Steward
Mar 2026Participated
$5 MSeed
Orbital Witness
Jan 2026Participated
$60 MSeries B
Monq
Nov 2025Led
$3 MSeed
Adclear
Nov 2025Led
$3 MSeed
Veridox
Sep 2025Led
$1 MOther Equity
Curve
Mar 2025Participated
$50 MOther Equity
Infact
Sep 2024Participated
$5 MSeed
Quartz
Sep 2026Participated
$4 MSeed
LeoTrace
Sep 2026Participated
$2 MSeed
Capsa AI
Jun 2026Participated
$18 MSeries A
Infrawatch
May 2026Led
$3 MSeed
Firenze
Apr 2026Participated
$8 MOther Equity
Steward
Mar 2026Participated
$5 MSeed
Orbital Witness
Jan 2026Participated
$60 MSeries B
Monq
Nov 2025Led
$3 MSeed
Adclear
Nov 2025Led
$3 MSeed
Veridox
Sep 2025Led
$1 MOther Equity
Curve
Mar 2025Participated
$50 MOther Equity
Infact
Sep 2024Participated
$5 MSeed
38
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Outward VC: 38 funding rounds are recorded in the selected participation categories.All available history.
Outward VC: 38 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed107
Series A05
Series B05
Series C+01
Other Equity64

Monthly Deal Activity

Outward VC: 38 deals are recorded across 88 months.All available history.
Outward VC: 38 deals are recorded across 88 months. All available history
MonthDeals
Jul '191
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '201
Jul '201
Aug '200
Sep '200
Oct '201
Nov '200
Dec '201
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '211
Jul '212
Aug '210
Sep '210
Oct '210
Nov '211
Dec '210
Jan '220
Feb '220
Mar '220
Apr '221
May '221
Jun '221
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '232
Feb '231
Mar '231
Apr '230
May '232
Jun '230
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 '243
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '252
Dec '250
Jan '261
Feb '260
Mar '261
Apr '261
May '261
Jun '261
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

Outward VC: Fintech is the largest displayed sector by deal count (22 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.

Outward VC: Fintech is the largest displayed sector by deal count (22 deals). All available history
SectorDeals
Fintech22
Enterprise Software9
AI & Machine Learning9
Data, Analytics & IT8
Professional Services7
Real Estate & Construction5
Education & Workforce3
Cybersecurity & Privacy3
Networks, Cloud & Communication3
Marketing & Advertising3
Health & Life Sciences3
Transportation & Logistics2
E-Commerce & Retail1
Crypto & Blockchain1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

Outward VC: 38 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.

Outward VC: 38 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M16
$5M-$10M13
$10M-$25M2
$25M-$50M1
$50M-$100M6
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Outward VC: Europe has the largest recorded deal count among the displayed regions (35 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Outward VC: Europe has the largest recorded deal count among the displayed regions (35 deals). All available history
RegionDeals
Europe35
United States2
Japan1
Outward VC: 20 co-investors are shown, with Seedcamp sharing 8 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

Outward VC: Led accounts for 42% and participating for 58% of round participation.All available history.
Outward VC: Led accounts for 42% and participating for 58% of round participation. All available history
CategoryDeals (count)Share (%)
Led1642%
Participating2258%
Outward VC: Single-lead accounts for 56% and co-led for 44% of lead dynamics.All available history.
Outward VC: Single-lead accounts for 56% and co-led for 44% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead956%
Co-led744%

Team

Andi Kazeroonian

Investment Manager

D'Arcy Whelan

Head of Platform

Sanchit Dhote

Investment Manager

Sebastien Mafuna

Investment Associate