The Venture Codex Logo

The Venture Codex

Palm Drive Capital

54 W 21st St, Suite 807, New York, 10010, United States

Overview

We’ve partnered with entrepreneurs globally who have created technology firms with over one trillion dollars of combined market cap to help you grow your business.

Total investments
43
Lead investments
7
Investments · 12mo
2
Active investors
4

Sector focus

  • Financial Services
  • Venture Capital
Visit website

Investment portfolio

  • BRLA Digital

    Participated · Series A · Feb 2026

    Founded in 2022 by Matheus Moura and Leandro Noel, Avenia (legally BRLA Digital LTD) offers a turnkey, regulated infrastructure layer for businesses that want to add cross-border payments and stablecoin functionality. Its white-label platform supports multi-currency accounts in BRL, USD, and EUR, delivers instant settlement via stablecoins, and supplies centralized reporting tools that integrate directly with Brazil’s Central Bank and Federal Revenue Service. By handling the regulatory burden and technical complexity, Avenia enables clients to launch international payment and crypto-related products faster and more cheaply. The company touts a fully compliant architecture and provides APIs, account management, and reconciliation dashboards as part of its SaaS suite. Fresh capital will be used to deepen product capabilities and scale operations across Latin America and into the United States. Although no revenue or user metrics were disclosed, management positions the firm as a critical financial infrastructure provider for regional fintechs and enterprises.

  • Zania

    Participated · Series A · Sep 2025

    Zania is an agentic AI company that supplies domain-specific digital agents capable of executing end-to-end GRC tasks such as risk assessments, evidence collection, controls testing, and gap analyses. Its Gap Assessment module can ingest thousands of policies and evidence files across more than 80 languages, map them to hundreds of control requirements, and surface deficiencies in a single pass. Since launching its first agents late last year, the company reports 10× ARR growth and has signed customers including Plaid, Grant Thornton, Stanford University, and a Big Four accounting firm. Zania claims its platform delivers results up to 30× faster and at 90% lower cost than manual approaches while maintaining more than 94% accuracy. Strategic partnerships with Tata Consultancy Services and HCLTech aim to broaden distribution. With the fresh capital, Zania plans to triple its engineering and go-to-market headcount and further expand its agentic AI platform. The San Francisco-based leadership team draws experience from Microsoft, Deloitte, Bain, Airbnb, Instacart, Brex, and PwC.

  • Keye

    Participated · Seed · Jul 2025

    Keye launched from stealth on July 29, 2025 with a platform that transforms raw deal files into structured, investor‑ready insights tailored to private equity workflows. Built by former investors, the product performs quantitative analyses, mirrors top deal‑team workflows, and delivers audit‑ready, Excel‑ready outputs. Keye emphasizes accuracy and claims zero errors or hallucinations, converting tasks that took days into minutes. Core capabilities include VDR scanning and data extraction, hidden‑risk flagging, cohort and retention analysis, dynamic Excel model exports, source attribution for every data point, conversational edits, and cross‑deal benchmarking. The company said the funding will accelerate hiring of engineers and private‑equity domain experts and expand analytical coverage across more verticals and the broader M&A community. Financially, Keye announced a $5 million Seed financing to support product and team expansion.

  • Cascade Space

    Participated · Seed · Jul 2025

    Cascade Space is building the Cascade Portal, an end-to-end platform for satellite communication system design, test, and operations. The company recently open-sourced spacelink, a Python library with functions for communication system analysis used in the Portal. Cascade says the tools are intended to accelerate communication system design and reduce a major bottleneck for companies operating in lunar and deep space. The team includes veteran space engineers from SpaceX and Astra. The company will use the funding to accelerate development of its platform and related infrastructure. Cascade Space was founded in 2025 and is based in San Francisco.

  • Phase

    Participated · Equity · Feb 2025

    Phase builds a no-code WYSIWYG platform that enables UI/UX and product designers to create fully interactive website and app simulations and export production-ready UI code. The company launched its first product, a UI animation tool positioned against Adobe After Effects and Figma, and says the software can produce complete prototypes that behave like real products. Phase plans to roll out three additional tools — UI advanced prototyping, UI design and UI code export — across this year and next to streamline the end-to-end design workflow. The startup pursued a region-by-region go-to-market, soft-launching in South Korea where it found roughly 10,000 testers within weeks out of an estimated 100,000 designers. After opening a global beta and stabilizing the product, Phase says it is moving out of beta and prioritizing expansion into the U.S. and European markets. The company raised $13 million in funding in the round reported here.

Team