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The Venture Codex

Run Ventures

95 South State Street, Suite 1400, Salt Lake City, UT, 84111, USA

Overview

Run Ventures organization assists aspirational entrepreneurs in starting businesses in groundbreaking fields like artificial intelligence.

Total investments
7
Lead investments
3
Investments · 12mo
7
Active investors
5
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Investment portfolio

  • CometChat

    Led · Equity · Mar 2026

    CometChat offers an in-app communication platform and an AI agent platform built on six years of production-grade communication infrastructure. Its CometChat AI product aims to let businesses build and deploy conversational agents without specialized AI expertise, featuring capabilities such as proactive outbound intelligence, multi-agent orchestration, and a customer intelligence layer. The company has been piloting the AI platform with enterprise customers and plans to target high-transaction verticals including wellness & beauty, home services, e-commerce, and hospitality & food service. CometChat is focused on scaling AI deployments, expanding go-to-market efforts, and building vertical leadership over the next 12–18 months. Financially, the company has raised $21.1 million to date and was recently featured on Forbes' 2026 list of the Top 500 American Startup Employers.

  • Inhouse

    Participated · Seed · Mar 2026

    Inhouse provides an artificial-intelligence legal platform that executes substantive legal tasks for small and midsize businesses. The system blends proprietary AI software with an affiliated law firm and a nationwide network of licensed attorneys, enabling users to draft contracts, resolve complex legal questions, and seamlessly consult human counsel when necessary. Current product capabilities cover contract lifecycle management, compliance workflows, and proactive risk management. The company also maintains partnerships with prominent national law firms, including Baker Hostetler, Morgan & Morgan, and Imhoff & Associates. With fresh capital, Inhouse plans to deepen its AI agent functionality and further automate key legal processes. Co-founders Ryan Wenger and Aarshay Jain lead the Los Angeles-based venture as it seeks to modernize legal services for growing companies.

  • Algorized

    Led · Series A · Feb 2026

    Algorized is building the intelligence layer for Physical AI, enabling robots and other machines to perceive human presence, sense intent, and adapt in real time. Its core product, the Predictive Safety Engine, is a ground-up edge-AI foundation model that interprets ultra-wideband, mmWave and Wi-Fi signals to provide through-wall, low-latency awareness—eliminating the traditional “safety vs. speed” trade-off in industrial automation. After a high-profile debut with KUKA and ASUS at CES 2026, the company is rolling out its technology with major automotive and industrial customers across Europe and the U.S. The new capital will fund commercial scale-up, continued R&D on intent-prediction models, and the expansion of engineering and support hubs in Switzerland and Silicon Valley. Backed by investors such as the Amazon Industrial Innovation Fund, Algorized positions its solution as a growth driver that unlocks latent capacity on factory floors. Although specific revenue or user numbers were not disclosed, the firm cites signed demand from Tier-1 manufacturing partners as evidence of early traction.

  • InvestSky

    Participated · Seed · Feb 2026

    Founded in 2021 by Nitish Mittal and Turki Alshaikh, InvestSky offers a mobile-first social trading platform that combines brokerage access with real-time community insights. The product lets retail investors buy and sell both Saudi and U.S. stocks while seeing peer sentiment, curated watchlists, and educational content designed to simplify decision-making. Through a newly secured Financial Technology Experimental Permit from the Saudi Capital Market Authority, the company has partnered with anb Capital to provide fully regulated, localized services in the Kingdom. InvestSky positions itself as an affordable, social-first alternative to traditional brokerages, targeting underserved retail investors across the GCC. With the fresh capital, management plans to broaden market access and deepen product features tailored to Saudi customers, such as seamless switching between local and international equities. Although no revenue or user metrics were disclosed, the seed round underscores investor confidence in the platform’s potential to capture the rapidly growing regional retail trading market.

  • Theo Ai

    Led · Equity · Nov 2025

    Theo Ai is a Palo Alto-based technology company that delivers an AI-powered prediction engine to help Am Law 200 firms and in-house legal teams assess the likely outcomes of litigation. Its models are trained on historical case data and enriched with real-time analytics, enabling attorneys to obtain accurate, actionable insights before deciding strategy. The platform was designed by a combined team of technologists and seasoned legal professionals, including former general counsels from Bristol Myers Squibb, DocuSign, GoDaddy and other major enterprises. With its newest capital, the company plans to accelerate AI capability expansion, grow its engineering headcount, and continue refining its predictive analytics offering for the legal market. Since inception it has secured more than $10 million in funding, including a $4.2 million seed round completed in May 2025. Board representation now includes PT Ungvichian of Run Ventures, reflecting the firm’s lead role in the most recent financing.

Team

  • Ben Dahl

    Co-Founder & General Partner

    LinkedIn
  • Brandon Tidwell

    Co-Founder & General Partner

    LinkedIn
  • PT Ungvichian

  • Travis Heath

    CFO & Administrative Partner

    LinkedIn