The Venture Codex Logo

The Venture Codex

Rough Draft Ventures

20 University Rd Ste 450, Cambridge, MA, 02138, United States

Overview

Rough Draft Ventures is a student-led team that funds technology-focused university entrepreneurs. They invest checks through founder-friendly SAFEs via their network of student fellows, supplying the brightest student founders across the US with meaningful resources, access to education, and one of their earliest support systems. The company was founded in 2012 and is based in Cambridge, Massachusetts, United States.

Total investments
13
Lead investments
3
Investments · 12mo
0
Active investors
8

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
Visit website

Investment portfolio

  • SoundMind

    Participated · Seed · Mar 2022

    SoundMind is a Los Angeles-based mental wellness company offering an audio-visual app that lets users customize music therapy experiences. Founded by USC alumni Brian Femminella and Travis Chen, the app combines music and visuals to support users’ mental health. The company raised $800K in a Pre-Seed round to fund product development and expansion. Concurrent with the funding, round lead Dr. Venus Nicolino joined the company’s board of directors. Planned Version 2 features include an artist platform where prominent musicians share personal stories and soundscapes, and a B2B offering to enable businesses to track employee wellbeing through interactive app data. SoundMind also plans to launch wellness-focused NFTs called "SoundMind Wellness Warriors" and expand its presence in the mental health community in the Metaverse.

  • Relentlo

    Participated · Equity · Mar 2022

    Relentlo provides a lightweight SDK and platform that enables game developers to turn in-game objects into branded assets, run auctions, and deliver seamless, non-interruptive ad placements with detailed analytics. The company partners with dozens of mobile and console publishers and titles, including Minecraft, Roblox, Fortnite, Wildlife Studios, and Lockwood Group, and works with brands such as Amazon, Experian, KitKat, Home Depot, and FedEx. Relentlo says it reaches over 2.5 billion gamers and offers campaigns starting in the low five-figure range. At GDC it unveiled two new products: the Relentlo Metaverse, which integrates NFTs to unlock in-game objects across multiple games, and the Relentlo Creator Hub, which pairs brands with top creators on Fortnite, Minecraft, and Roblox. The Metaverse initiative plans to select 20 games (each receiving $50,000–$150,000) and expects to help brands generate over 5 billion impressions. Founded in 2020 by UC Berkeley dropouts including Neil Tewari and James Jiao, the company is based in Berkeley, California and has raised $2M in external funding.

  • Intus Care

    Participated · Seed · Apr 2021

    IntusCare builds predictive analytics platforms aimed at improving outcomes for geriatric care providers, with a focus on managing dual‑eligible, socially vulnerable, and clinically complex seniors. Its core offerings include solutions for revenue integrity, population health, and utilization management. The company plans to launch CareHub, a comprehensive care management platform, and expand its existing product suite. IntusCare also intends to accelerate its artificial intelligence research to enhance user experiences for healthcare providers and staff. Founded in 2019 and led by CEO Robbie Felton, the company is based in Providence, RI. The article reports a recent financing that increases the company’s capital base. Intus Care offers a SaaS platform that integrates with electronic health records, claims and accounting software to identify clinical risks and trends in long-term care facilities. The product surfaces individual patient snapshots and population-level patterns to help care coordinators, facility managers and social workers make proactive care plans. The company aims to scale a high-quality, high-value model of care nationwide by enabling organizations that provide care to use data to improve outcomes. Founders built the product to address disparate data across the long-term care continuum and to prevent events such as falls by identifying patterns. Intus plans to use new capital primarily to hire engineers, product staff, and sales and marketing personnel to accelerate growth. The startup reports 50% quarter-over-quarter revenue growth this year and operates as a SaaS business with care organizations as its customers. Intus Care offers a big-data platform that empowers long-term care providers and PACE Programs to use patient data for quality management and proactive identification of at-risk geriatric patients. Founded by Robbie Felton, Evan Jackson and Alex Rothberg, the company validated product-market fit and demonstrated meaningful platform usage across small rural and large urban PACE organizations. It recently raised an additional $3.1M to scale its impact, expand go-to-market efforts, and accelerate hiring to support growth. Short-term deployment of funds will focus on expanding partnerships with PACE Programs and embedding the technology into PACE quality playbooks. The company cites measurable outcomes from deployments, including a 60-patient Michigan PACE center that saved roughly $147,000 in three months after reducing inpatient admissions by 54%. Longer-term, Intus Care aims to serve all Medicare/Medicaid dual-eligible high-needs older adults and create a new standard for quality management in geriatric care. Intus Care builds a data-driven predictive analytics platform that helps long-term care facilities identify highest-risk patients and enable earlier interventions. The product integrates disparate EHR sources through customized onboarding, creating unique data fields and backend adjustments for each client to work around interoperability gaps. The team prioritizes frontline usability, designing tools for certified nursing assistants and multidisciplinary care teams to share information and coordinate on a single platform. While initially focused on value-based care organizations, Intus expects its insights to deliver value in fee-for-service settings as well. The company runs tight customer feedback loops (product champions, in-app feedback, focus groups) to drive iterative product development. Intus also leverages a diverse advisory board spanning geriatric providers, Fortune 50 technology leadership, and academic researchers. The startup has raised seed funding to support continued product development and commercialization.

  • Sike Insights

    Participated · Seed · Dec 2020

    Sike Insights builds an AI platform to help managers cultivate company culture for remote teams through a Slack-integrated bot called Kona. Kona gathers employee data from self-reported personality surveys and monitors Slack activity to profile working styles and suggest how managers should clarify tasks or deliver feedback. Each morning Kona prompts employees with "How are you feeling today?" allowing responses by color and explanation, and it sends daily insights to managers as Slack prompts. Tips and reflections were developed with executive coaches, some of whom are investors such as Robyn Ward and Jeff Gray. In a beta with TeamSnap, Kona reduced meetings and helped managers spend more time on growth rather than routine check-ins. The company closed a $1 million pre-seed round to support further development.

  • Branch

    Participated · Seed · Nov 2019

    Branch, founded in 2019, sells ergonomic chairs, standing desks, workstations, conference furniture and space division products direct to customers with chair prices typically $250–$400 and desks $500–$1,000. The company pivoted from enterprise to home-office products during the pandemic, which drove rapid growth (600% in 2020, then fourfold growth in 2021) and helped it build a run rate up to the mid‑eight figures on earlier capital. More recently Branch has seen enterprise revenue grow 500% over the last three quarters, with a sweet spot in companies of 20–200 employees and additional demand from property landlords. The business is investing the new capital in product development, R&D, hiring (design, marketing, sales, operations) and building technology around furniture, including consumer ergonomics and an improved app as well as enterprise tools for office managers. The team was under 20 people prior to the raise, and the company is also exploring a brick‑and‑mortar store later in the year. Leadership emphasizes design-driven branding and aims to expand product lines now that many workers are returning to offices. Branch was founded to make it easy for teams of all sizes to create an office they love. The company sells office furniture direct to customers, which it says lowers collection costs to about half that of comparable premium furniture. Branch offers end-to-end services such as space planning, delivery, and white-glove installation. It also provides the ability to trade in used furniture when customers move or grow. The product and service offering targets teams and businesses seeking turnkey office solutions. Branch is based in New York.

Team