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The Venture Codex

Overview

Debt financing for SaaS and recurring revenue model technology companies.

Founded

2016

Deals ยท 12mo

0

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

Financial Services
Lending
SaaS
Software
...

Investment portfolio

6rounds
NAMEDATESIZE
Oden Technologies
Apr 2024Participated
$29 MSeries B
Rep Data
Nov 2022Led
$6 MSeries A
Zello
Jun 2022Led
$20 MOther Equity
Hanzo
Sep 2021Led
$11 MOther Equity
Edu101
Mar 2021Led
$5 MSeries A
Xtiva Financial Systems
May 2020Led
$10 MOther Equity
Oden Technologies
Apr 2024Participated
$29 MSeries B
Rep Data
Nov 2022Led
$6 MSeries A
Zello
Jun 2022Led
$20 MOther Equity
Hanzo
Sep 2021Led
$11 MOther Equity
Edu101
Mar 2021Led
$5 MSeries A
Xtiva Financial Systems
May 2020Led
$10 MOther Equity
6
Items
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Insights

Time horizon

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Deal Distribution

Recurring Capital Partners: 6 funding rounds are recorded in the selected participation categories.All available history.
Recurring Capital Partners: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B01
Other Equity30

Monthly Deal Activity

Recurring Capital Partners: 6 deals are recorded across 78 months.All available history.
Recurring Capital Partners: 6 deals are recorded across 78 months. All available history
MonthDeals
May '201
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Recurring Capital Partners: Enterprise Software is the largest displayed sector by deal count (3 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.

Recurring Capital Partners: Enterprise Software is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Enterprise Software3
Data, Analytics & IT3
Professional Services2
Social & Community Platforms2
Networks, Cloud & Communication1
Marketing & Advertising1
Education & Workforce1
Fintech1
AI & Machine Learning1
Space & Frontier Tech1

Deal Size Distribution

Recurring Capital Partners: 6 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.

Recurring Capital Partners: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Recurring Capital Partners: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Recurring Capital Partners: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Recurring Capital Partners: 9 co-investors are shown, with Atomico sharing 1 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.

Recurring Capital Partners: 9 co-investors are shown, with Atomico sharing 1 recorded deals. All available history
Co-investorShared deals
Atomico1
Birchmere Ventures1
EQT Ventures1
Flat Capital1
Matzliach Capital1
Nordstjernan Growth1
University Ventures1
Virgo Capital1
Zanichelli Venture1

Investment Strategy

Recurring Capital Partners: Led accounts for 83% and participating for 17% of round participation.All available history.
Recurring Capital Partners: Led accounts for 83% and participating for 17% of round participation. All available history
CategoryDeals (count)Share (%)
Led583%
Participating117%
Recurring Capital Partners: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
Recurring Capital Partners: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Bradley McBride

Managing Director

Brian Henley

Managing Partner

Bruce MacFadyen

Operating Partner

James Thwing

Associate

Trevor Cook

Vice President