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The Venture Codex

Secret Chord Ventures

96 Derech Mordechai Namir, Tel Aviv, 6233509, Israel

Overview

Israel-based early-stage venture firm investing in exceptional entrepreneurs who seek to build category-defining companies.

Total investments
17
Lead investments
4
Investments · 12mo
3
Active investors
2

Sector focus

  • Venture Capital
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Investment portfolio

  • Matia

    Participated · Series A · Feb 2026

    Matia delivers a single platform that consolidates data ingestion, observability, cataloging and reverse ETL, giving developers end-to-end visibility and control over production data pipelines. Built for the AI-native era, it replaces fragmented point solutions and supplies the context needed for trusted, scalable data systems. The company has grown more than 10× in the past year as customers such as Ramp, Drata, HoneyBook and Lemonade standardize on its platform. Users report up to a 78 % reduction in total cost of ownership by eliminating multiple standalone tools. Matia is now developing an AI data engineer that will autonomously create pipelines, detect anomalies and run impact analyses, further easing operational burdens. Including its Series A, the company has raised over $31 million to fuel continued product innovation and go-to-market expansion.

  • Materialspace

    Led · Seed · Jan 2026

    Materialspace builds a single, AI-driven software platform designed to replace the fragmented, spreadsheet-heavy workflows that dominate interior construction planning and procurement. The system ingests blueprints, product catalogs, and pricing data, then structures and optimizes that information so teams can move seamlessly from cost estimation through design and ordering. By unifying these steps, the company targets delays and inefficiencies that are exacerbated by skilled-labor shortages and increasing project complexity. Since launching its product less than a year ago, Materialspace reports rapid adoption and expansion, fueled mainly by distributors and manufacturers eager to scale without adding headcount or sacrificing margins. Co-founders and twin brothers Yoash and Nadav Palmor bring experience from manufacturing consulting and AI startups, respectively, to drive product development and market penetration. The firm positions its technology as a catalyst for fundamentally changing customer economics once critical workflows become continuous and intelligent. To support this vision, Materialspace has secured $7 million in Seed financing, its first publicly disclosed funding round.

  • Modulight Biotherapeutics

    Participated · Seed · Nov 2025

    Modulight Biotherapeutics is pioneering an optogenetic platform that enables cell-type and pathway-specific control of neuronal activity using proprietary light-sensitive proteins. Its lead asset, eOPN3, is a hypersensitive inhibitory opsin designed for clinical use and is initially being advanced for trigeminal pain, a severe and often drug-resistant facial pain disorder. Preclinical studies have also demonstrated promising efficacy in animal models of epilepsy and movement disorders such as Parkinson’s disease and essential tremor, underscoring the platform’s broader therapeutic potential. The company’s technology is licensed from YEDA, the commercial arm of the Weizmann Institute of Science, bolstering its scientific foundation. With the recently secured $12.2 million seed round, Modulight plans to complete IND-enabling studies, scale manufacturing, and begin FDA discussions for its first clinical program. The funding will also support expansion of its therapeutic pipeline and acceleration of additional preclinical programs. While still pre-revenue, the fresh capital positions the company to transition from discovery research toward initial human trials.

  • Faireez

    Participated · Seed · Mar 2025

    Faireez provides an AI-powered housekeeping platform that pairs dedicated building housekeepers—called “fairies”—with technology to deliver consistent, hotel-quality service to multifamily residents. The company operates a subscription model that assigns a designated fairy to each building and enables short daily visits focused on specific chores rather than infrequent deep cleans. Its proprietary AI features include an upcoming "auto scan" video analysis to generate tailored cleaning plans and an AI quality-assurance system that analyzes time-stamped before-and-after photos and sends real-time notifications. Faireez also combines human staff with robotic companions and teleoperations, allowing professional housekeepers in locations such as Mexico to remotely assist or operate robots in U.S. homes. The platform emphasizes transparency and customization through mobile app controls and documented visits. Faireez has formed partnerships with property managers and landlords including Silverstein Properties, First Service Residential, BNE, Ironstate and Charney Companies, and launched from stealth with $7.5M in funding as it targets servicing one million multifamily units by 2030.

  • Vayu

    Participated · Seed · Feb 2025

    Vayu offers a no-code platform that automates billing, converts usage and event data into real-time billing rules, and delivers revenue insights for B2B companies. Its proprietary data metering technology processes tens of millions of events daily. The product supports hybrid and hyper-dynamic pricing models—usage-based, subscription tiers, and outcome-based contracts—so finance teams can iterate on pricing without engineering resources. Clients report faster operations (75% faster time-to-bill, 80% faster reporting, 65% faster revenue visibility) and include Au10tix, Mesh Payments, and Vi. Vayu was founded by fintech and data veterans Erez Agmon, Shenhav Avidar, and Shai Gross who bring experience from PayPal, Melio, and WSC Sports. The company plans to use the new funding to accelerate platform development and expand into global markets.

Team