The Venture Codex

Participated · Equity · Apr 2024

KredosAi offers an intelligent engagement platform that applies behavioral science and AI to determine the right message, channel, and timing to improve payment outcomes and preserve customer relationships. The company reports processing more than 200 million customer interactions over the past two years and growing revenue more than 6x in that period. Across its enterprise portfolio it has demonstrated an 11.5% reduction in write-off rates, a 13.6% increase in customer lifetime value, and claims over $50 million in annual bottom-line benefit for some large enterprises. KredosAi is a FICO partner, serves Fortune 50 clients and other enterprise customers, and is SOC 2 Type II certified with multilingual support. Future plans funded by the Series A include expanding into financial services and auto lending, building a multi-agent framework with voice agent support, and scaling the team.

Participated · Seed · Feb 2024

Cimba.AI offers an adaptive Gen AI-based analytics agent infrastructure that generates dynamic workflows and triggers actions using natural language. The platform self-trains on an organization’s knowledge base — dashboards, query history, metadata and playbooks — and can operate against data warehouses such as Snowflake. Capabilities include text-to-workflow, action-triggering from insights, and training agents via SQL or natural language with a feedback loop. Business operations teams like CS, RevOps, and SalesOps are primary users, leveraging agents to tackle complex business goals and automate follow-up actions. Founded by Subrata (Subu) Biswas and Vishal Das and based in Seattle, the company raised $1.25M in pre-seed funding. Cimba.AI plans to use the funds to expand operations and broaden its business reach.

Participated · Seed · Nov 2023

Wokelo is an AI startup that streamlines due diligence by processing data from various sources, allowing teams more time for deeper analysis. The company builds LLM-based technology and agentic workflows and is collaborating with KPMG Ventures to integrate that tech with deal advisory expertise. Founded in 2022 by Siddhant Masson and Saswat Nanda, Wokelo is US-based and maintains an office in Bengaluru. The startup employs 13 people and says it has served over 35 clients, including private equity and venture capital firms. Wokelo recently secured seed funding to support further development of its technology. Wokelo builds AI-powered due-diligence, sector, and competitive analysis reports that include company overviews, news insights, funding summaries, product launches, market maps, and extensive citations. The product set includes a secure data room, a Q&A chat function for directed research, and customizable document generation. Wokelo leverages OpenAI’s GPT and open-source models like LLaMA while also developing proprietary components such as a chunking algorithm, prompt management framework, NLP models, and autonomous quality-assurance agents. The company is generally available but sells via demo-led, consultative processes with annual or semi-annual contracts and customized pricing tiers. Wokelo was founded in 2022, employs eight people, and is initially targeting VC and PE firms, corporate development teams, and investment banks. Early customers named in the article include Guggenheim Partners, Seven Seven Six, Tata Group, Sage Collective, and Snocap; the company is using current funding to continue product development and to invest in sales and marketing toward enterprise customers.

Participated · Equity · Apr 2023

Payscore analyzes applicants' bank accounts and deposit history to generate comprehensive income reports that capture paystubs, tips, gig work and other income sources. Its service can be used as a standalone income screening product or embedded into online rental applications. Launched in 2017 and previously called The Closing Docs, Payscore automates applications for more than 700,000 U.S. rental units and over 2,500 motorsports dealerships. The company charges $10 per delivered report, offers bulk discounts to power users, and serves hundreds of customer accounts including Marquette Management, Grady Management and Planned Property Management. Payscore said its customer base grew almost threefold over the past year and that its reported success rate is two-to-three times higher than competitors such as Plaid, Truework, Argyle and Pinwheel. Headquartered in Seattle with a fully remote workforce, the company was co-founded by CEO Mark Fiebig and CTO Stephen Arifin and is on track to have 20 employees by year-end.

Participated · Seed · Jan 2023

Cleary builds a full-stack employee experience platform combining communications, wikis, recognition tools, an employee directory with org charts, a unified search across third-party tools, and a Q&A service for live events. The platform integrates with HR systems like Workday and ADP, communications tools such as Gmail, Google Calendar and Slack, and authentication providers including Okta, Microsoft and Google. Use cases include onboarding, hosting live events, scaling culture and delivering personalized employee journeys across email, Slack and Teams. The founders, Thomas Kunjappu and Ryan O’Donnell, previously ran Twitter’s internal people tools team and designed Cleary to bring similar bespoke internal tooling to smaller companies. The company is investing engineering resources to build personalized experiences for individual employees and is beginning to build out go-to-market teams. Financially, Cleary has completed early-stage financings including a $3M pre-seed and a subsequent seed round.