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The Venture Codex

Overview

Micro VC fund investing in pre-seed and seed tech startups.

Founded

2015

Deals · 12mo

1

Stage focus

Seed

Geographic focus

Australia
United States

Sector focus

Artificial Intelligence (AI)
Finance
FinTech
Insurance
...

Investment portfolio

7rounds
NAMEDATESIZE
UNIT AI
Jul 2026Participated
$12 MOther Equity
IntuigenceAI
Jul 2025Participated
$10 MSeed
Perspective AI
Jan 2025Led
$4 MSeed
BuildPass
Oct 2024Participated
$8 MSeed
Dono
Jul 2024Participated
$4 MSeed
Tomato.ai
Jun 2024Participated
$2 MSeed
Prosal
Feb 2024Participated
$0.40 MSeed
UNIT AI
Jul 2026Participated
$12 MOther Equity
IntuigenceAI
Jul 2025Participated
$10 MSeed
Perspective AI
Jan 2025Led
$4 MSeed
BuildPass
Oct 2024Participated
$8 MSeed
Dono
Jul 2024Participated
$4 MSeed
Tomato.ai
Jun 2024Participated
$2 MSeed
Prosal
Feb 2024Participated
$0.40 MSeed
7
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Recursive Ventures: 7 funding rounds are recorded in the selected participation categories.All available history.
Recursive Ventures: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed15
Other Equity01

Monthly Deal Activity

Recursive Ventures: 7 deals are recorded across 33 months.All available history.
Recursive Ventures: 7 deals are recorded across 33 months. All available history
MonthDeals
Feb '241
Mar '240
Apr '240
May '240
Jun '241
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Recursive Ventures: AI & Machine Learning is the largest displayed sector by deal count (6 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.

Recursive Ventures: AI & Machine Learning is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
AI & Machine Learning6
Networks, Cloud & Communication3
Professional Services3
Enterprise Software2
E-Commerce & Retail2
Real Estate & Construction2
Transportation & Logistics2
Hardware & Robotics1
Manufacturing1
Social & Community Platforms1

Deal Size Distribution

Recursive Ventures: 7 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.

Recursive Ventures: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M1
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

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

Top 2 of 2 regions; European countries are grouped as Europe.

Recursive Ventures: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Australia1
Recursive Ventures: 20 co-investors are shown, with Think+ Ventures sharing 2 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

Recursive Ventures: Led accounts for 14% and participating for 86% of round participation.All available history.
Recursive Ventures: Led accounts for 14% and participating for 86% of round participation. All available history
CategoryDeals (count)Share (%)
Led114%
Participating686%
Recursive Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Recursive Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Itamar Novick

Founder & General Partner