The Venture Codex Logo

The Venture Codex

Section 32

2033 San Elijo Avenue Suite 565, San Diego, California, 92007, United States

Overview

Venture fund focusing on various investments.

Founded

2017

Deals ยท 12mo

18

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

128rounds
NAMEDATESIZE
BigHat Biosciences
Sep 2026Participated
$75 MSeries C
Ema
Sep 2026Participated
$77 MSeries B
Basecamp Research
Sep 2026Led
$140 MSeries C
Snorkel AI
Sep 2026Led
$350 MSeries E
SciFin
Sep 2026Participated
$44 MSeed
Empirik
Sep 2026Led
$21 MSeed
Faro AI, Inc.
Aug 2026Led
$37 MSeries B
Network Bio
Aug 2026Participated
$50 MOther Equity
Beacon Biosignals
Apr 2026Participated
$11 MSeries B
RunSybil
Mar 2026Participated
$40 MSeries A
Autoscience
Mar 2026Participated
$14 MSeed
Humans&
Jan 2026Participated
$480 MSeed
BigHat Biosciences
Sep 2026Participated
$75 MSeries C
Ema
Sep 2026Participated
$77 MSeries B
Basecamp Research
Sep 2026Led
$140 MSeries C
Snorkel AI
Sep 2026Led
$350 MSeries E
SciFin
Sep 2026Participated
$44 MSeed
Empirik
Sep 2026Led
$21 MSeed
Faro AI, Inc.
Aug 2026Led
$37 MSeries B
Network Bio
Aug 2026Participated
$50 MOther Equity
Beacon Biosignals
Apr 2026Participated
$11 MSeries B
RunSybil
Mar 2026Participated
$40 MSeries A
Autoscience
Mar 2026Participated
$14 MSeed
Humans&
Jan 2026Participated
$480 MSeed
128
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Section 32: 128 funding rounds are recorded in the selected participation categories.All available history.
Section 32: 128 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed310
Series A1221
Series B833
Series C+421
Other Equity412

Monthly Deal Activity

Section 32: 128 deals are recorded across 112 months.All available history.
Section 32: 128 deals are recorded across 112 months. All available history
MonthDeals
Jul '172
Aug '172
Sep '171
Oct '172
Nov '170
Dec '171
Jan '180
Feb '180
Mar '180
Apr '181
May '180
Jun '180
Jul '184
Aug '180
Sep '181
Oct '180
Nov '181
Dec '180
Jan '191
Feb '192
Mar '190
Apr '191
May '192
Jun '190
Jul '192
Aug '190
Sep '190
Oct '190
Nov '190
Dec '192
Jan '202
Feb '201
Mar '201
Apr '201
May '201
Jun '201
Jul '204
Aug '200
Sep '200
Oct '202
Nov '201
Dec '201
Jan '210
Feb '210
Mar '211
Apr '213
May '212
Jun '212
Jul '210
Aug '210
Sep '213
Oct '214
Nov '214
Dec '215
Jan '221
Feb '221
Mar '222
Apr '223
May '225
Jun '221
Jul '223
Aug '222
Sep '221
Oct '222
Nov '221
Dec '220
Jan '231
Feb '230
Mar '230
Apr '231
May '230
Jun '232
Jul '231
Aug '231
Sep '231
Oct '230
Nov '231
Dec '230
Jan '241
Feb '241
Mar '242
Apr '240
May '240
Jun '240
Jul '242
Aug '240
Sep '240
Oct '242
Nov '240
Dec '241
Jan '250
Feb '250
Mar '252
Apr '251
May '251
Jun '251
Jul '250
Aug '250
Sep '252
Oct '251
Nov '252
Dec '252
Jan '262
Feb '260
Mar '262
Apr '261
May '260
Jun '260
Jul '260
Aug '262
Sep '266
Oct '260

Sector Breakdown

Section 32: Health & Life Sciences is the largest displayed sector by deal count (85 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Section 32: Health & Life Sciences is the largest displayed sector by deal count (85 deals). All available history
SectorDeals
Health & Life Sciences85
AI & Machine Learning41
Enterprise Software21
Space & Frontier Tech18
Hardware & Robotics13
Cybersecurity & Privacy12
Data, Analytics & IT10
Networks, Cloud & Communication8
Fintech8
Media & Entertainment5
Transportation & Logistics3
Consumer & Lifestyle3
Crypto & Blockchain3
Professional Services3
Developer Tools3
Education & Workforce2
Marketing & Advertising2
AR/VR1
Clean Energy & Sustainability1
Manufacturing1
Food & Agriculture1
Gaming & eSports1

Deal Size Distribution

Section 32: 128 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Section 32: 128 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M6
$10M-$25M18
$25M-$50M38
$50M-$100M34
$100M-$250M18
$250M-$500M7
$500M-$1B0
$1B+0

Deals By Geography

Section 32: United States has the largest recorded deal count among the displayed regions (115 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Section 32: United States has the largest recorded deal count among the displayed regions (115 deals). All available history
RegionDeals
United States115
Europe7
Canada2
Argentina2
Israel2
Section 32: 20 co-investors are shown, with Casdin Capital sharing 22 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Section 32: 20 co-investors are shown, with Casdin Capital sharing 22 recorded deals. All available history
Co-investorShared deals
Casdin Capital22
Alexandria Venture Investments18
Google Ventures17
Andreessen Horowitz16
ARCH Venture Partners13
Catalio Capital Management10
Northpond Ventures9
Polaris Partners9
Data Collective7
General Catalyst7
Verily7
Y Combinator7
Bain Capital Ventures6
BlueCross BlueShield Venture Partners6
Intermountain Ventures6
T. Rowe Price Associates6
Bristol Myers Squibb5
Eli Lilly and Company5
Index Ventures5
Invus5

Investment Strategy

Section 32: Led accounts for 24% and participating for 76% of round participation.All available history.
Section 32: Led accounts for 24% and participating for 76% of round participation. All available history
CategoryDeals (count)Share (%)
Led3124%
Participating9776%
Section 32: Single-lead accounts for 55% and co-led for 45% of lead dynamics.All available history.
Section 32: Single-lead accounts for 55% and co-led for 45% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1755%
Co-led1445%

Team

Andrew Harrison
Andy Conrad
Bill Maris

Founder

Jennifer Kercher

COO and General Counsel

Jonathan Faerber

CFO

Lindsey Acharya

Chief of Staff and Executive Assistant

Michael Pellini
Nick Smith

Chief Investor Relations Officer

Nina Labatt

Chief Financial Officer & Chief Operating Officer

Sarah Larson

Chief People Officer

Wesley Tillu

Senior Principal