The Venture Codex

Led · Series C · Jun 2026

Findigs develops automated screening and underwriting software that processes rental applications to deliver instant, data-grounded leasing decisions and contractual fraud guarantees. The company’s platform is AI-native and has scaled to manage over 400,000 residential units. Leadership includes Co-Founder and CEO Steve Carroll, VP of Product Chris Diamond, and board member Hugh R. Frater. Findigs plans to expand capabilities for LIHTC and Section 8 affordable-housing workflows and to launch Rent Guarantee products for operators. Financially, the company has raised a total of $80M following the $32M Series C. The business is headquartered in New York City.

Participated · Series C · Dec 2024

Players Health offers a data-driven, tech-enabled platform delivering risk management services, reporting tools, and insurance products to youth, recreational, collegiate, and professional sports organizations. Founded by a former professional football player, the company focuses on athlete safety and compliance across the sports ecosystem. It has reached more than 5.5 million youth athletes and counts customers such as USA Softball, American Youth Soccer Organization, and Orangetheory. Players Health will use new funding to advance AI-powered product personalization, pursue strategic M&A to broaden capabilities, and expand its workforce. The company emphasizes standardizing best practices for athlete safety and aims to expand its nationwide reach. Player's Health (Ao1 Holdings Inc.) offers turnkey insurance and risk-management solutions for organized athletics, operating as a managing general underwriter. The company uses proprietary risk-management software and partnerships with sports-management platforms to track protocol evidence and deliver injury-management insights. Its platform provides levels of injury-management and protocol-tracking data previously unavailable in amateur sports. Leadership says the business exists to create safer environments for athletes and to give sports organizations the protection and tools they need. The company aims to grow its business with support from strategic investors. No revenue or user metrics were disclosed in the articles.

Led · Series D · Nov 2024

Firefly Aerospace builds small- and medium-class rockets (Alpha), a lunar lander, and the Elytra spacecraft. The company plans a lunar lander launch later this year and the Elytra's first mission next year. It intends to move Alpha to full-rate production and accelerate development of a Medium Launch Vehicle co-developed with Northrop Grumman. Operationally, Firefly has launched Alpha five times since September 2021, with three missions successfully placing payloads into orbit and a record rapid-response launch (27 hours from green light). The company has agreements with L3Harris for up to 20 launches from 2027 and with Lockheed Martin for 15 committed launches through 2029. A recent large financing round positions the company to meet its near-term mission manifest and production goals. Firefly Aerospace develops end-to-end space transportation systems, including the Alpha small launch vehicle, the Elytra on-orbit vehicle, and the Blue Ghost lunar lander product line. The company has secured multiple U.S. government and commercial contracts, including three NASA CLPS task orders and a NASA Alpha mission. Firefly has also concluded a launch agreement with Lockheed Martin, signed a multi-launch agreement with L3Harris, and has Elytra contracted for a National Reconnaissance Office mission scheduled to fly on Alpha next year. The Medium Launch Vehicle, co-developed with Northrop Grumman, has major milestones planned before year-end. Firefly has reported recent responsive launch success, including the VICTUS NOX mission referenced by company leadership. Financially, the company has been raising capital throughout 2023–2024 to support production and mission execution. Firefly Aerospace, founded in 2014, develops the Alpha orbital rocket and other space systems including a proposed lunar lander called Blue Ghost. It has won multiple satellite launch orders and a $93 million NASA contract for Blue Ghost. The company raised $75 million in a Series A in May 2021 and later received a $75 million direct Series B preferred equity investment from AE Industrial Partners as part of a deal that transferred Noosphere's stake. Noosphere reportedly sold about $100 million of its holdings to Series A participants earlier, and its remaining equity would have been valued at around $500 million before the AEI transaction. Firefly's maiden Alpha launch failed to reach orbit and its ability to reach orbit will affect timing of any public listing. AE Industrial Partners' recent purchase gives it over 50% of Firefly's equity and the right to appoint a majority of the board, after Noosphere sold its holdings amid CFIUS concerns. The FAA has yet to issue a launch license for the company's second Alpha flight, though the FCC approved a communications authorization transfer tied to that launch. Firefly develops a family of launch vehicles and in-space vehicles and services that aim to provide affordable, convenient, and reliable access from LEO to the surface of the Moon. Its product line includes the Alpha small launch vehicle, the Space Utility Vehicle, and the Blue Ghost lunar lander, and it touts LEO solutions up to ten metric tons of payload at the lowest cost per kg in the small-lift class. Firefly is completing preparations for the inaugural launch of Alpha from Vandenberg Space Force Base and has announced multiple commercial and civil Alpha launch contracts with customers including NASA and General Atomics. The company was awarded a $93.3 million NASA CLPS contract to deliver 10 science payloads to the lunar surface in 2023 using Blue Ghost. Firefly completed an oversubscribed $75 million Series A that valued the company at greater than $1 billion and executed approximately $100 million in secondary transactions of Noosphere Ventures’ holdings. The company intends to raise an additional $300 million later in 2021 to fund its growth plans through 2025. Firefly Aerospace, led by founder and CEO Tom Markusic, designs and builds small-to-medium launch vehicles and spacecraft from its Austin/Cedar Park facilities. The company emphasizes rapid iteration—designing, building, testing and rebuilding quickly—to lower costs and increase access to space. Its long-term vision includes reusable, runway-launched rockets operating with airline-like cadence. Firefly reports it and its predecessor have spent about $110 million to date and that it has raised roughly $70 million in the past two years. The company has not yet completed a Series A round of venture capital funding. Firefly won a NASA lunar payload services contract in November 2018, conducted a successful engine test on May 17, 2018, and plans a new launch facility at Cape Canaveral, Florida, while aiming to fly its first rocket in the next six months.

Participated · Equity · Mar 2024

Coterie is a Cincinnati-based insurtech MGA that enables independent agents and brokers to write instant small-business insurance across all 50 states and D.C. The company uses data-backed underwriting to deliver accurate pricing and a fast submission-to-bind experience. Led by CEO David McFarland, Coterie plans to use the $27M growth funding to expand its business reach. The round was led by Hiscox alongside existing investors Intact Ventures, Weatherford Capital and RPM Ventures, among others. Coterie has now raised over $102M in total funding and reported revenue growth of over 200% in 2023. In 2023 the company also expanded its reinsurance panel, adding two leading reinsurance markets rated A or better by S&P Global. Coterie Insurance is an insurtech company that enables quoting and binding of small-business insurance policies online. Led by Co-Founder and CEO David McFarland, the company offers APIs that let digital insurance platforms, agents and brokers streamline and digitize quoting and binding. Coterie combines insurance expertise with data analytics to simplify small-business coverage and the purchasing experience. The company intends to use new funds to expand operations and broaden its business reach. Financially, Coterie has raised a total of $75M to date since its 2018 founding, including the recent Series B. Coterie builds data-driven technology to simplify buying small-business insurance by integrating coverage into platforms and processes businesses already use. Its approach automates quoting, underwriting, and binding to deliver fast, accurate, and affordable coverage either embedded in partner platforms or via agents. Coterie has partnered with platforms such as Intuit QuickBooks and Thryv to enable embedded insurance purchases. The company has also launched solutions for independent agents and brokers and announced partnerships with Independent Market Solutions and First Connect to extend capabilities to thousands of agencies. Coterie reported strong company growth and recently closed an oversubscribed Series A-1 financing, bringing total funds raised to $25M. CEO and co-founder David McFarland emphasized the company’s goal of making business insurance simple and available where small businesses already operate. Coterie is a commercial insurance API provider that distributes general liability, professional liability, and business insurance via a B2B2C model, partnering with third-party sites. Established in 2018 and based in Cincinnati, the company operates with a team of 18 and also allows business shoppers to get quotes online. It competes in the same space as AP Intego and Thimble and has partnerships that include Homee. According to SimilarWeb and SEMRush the site does not enjoy substantial direct traffic, and the company emphasizes platform partnerships to acquire customers more cheaply than relying on paid search. The usefulness of Coterie’s API is tied to the carriers and products it links to. Financially, Coterie has raised a total of $11.65 million in venture funding to date after the latest $8.5 million Series A.

Led · Equity · Jun 2022

Overalls is a tech-enabled benefits company founded in 2021 by Jon Cooper and Emily Johnson at Redesign Health that combines concierge-like services with personalized financial protection. Its platform integrates with existing employer benefits and centers on three core product areas: Hassle Helper (digitally enabled human support), Pocketbook Protector (personalized insurance and financial products), and Mighty Moments (rewards and planning for life events). The company has partnered with AllState Identity Protection, Matic, Boost, and Ladder, and has signed over twenty-five employers to pilot its offering. Overalls aims to improve financial resilience and increase adoption of voluntary benefits by making insurance more relatable and accessible. The company plans to use new capital to accelerate market expansion and broaden its insurance and product offerings. Cumulative funding for Overalls now stands at $8.6M.