The Venture Codex Logo

The Venture Codex

Overview

Investment firm focusing on pre-seed and seed stage teams.

Founded

2021

Deals · 12mo

5

Stage focus

Seed

Geographic focus

Germany
Norway
United Kingdom
United States

Sector focus

—

Investment portfolio

17rounds
NAMEDATESIZE
Benford
Sep 2026Led
$6 MSeed
Mimir
Jun 2026Led
$0.60 MSeed
Hemi Health
Feb 2026Participated
$5 MSeed
Fronted
Dec 2025Led
$1 MSeed
Riff
Oct 2025Participated
$16 MSeries A
Starflow
Oct 2025Participated
$5 MSeed
Lightsonic
May 2025Participated
$4 MSeed
Catchwise
Mar 2025Participated
$1 MSeed
Installer
Mar 2025Participated
$4 MSeed
Starflow
Oct 2024Participated
$2 MSeed
Cardboard
Aug 2024Participated
$2 MSeed
CardBoard
Aug 2024Participated
$2 MSeed
Benford
Sep 2026Led
$6 MSeed
Mimir
Jun 2026Led
$0.60 MSeed
Hemi Health
Feb 2026Participated
$5 MSeed
Fronted
Dec 2025Led
$1 MSeed
Riff
Oct 2025Participated
$16 MSeries A
Starflow
Oct 2025Participated
$5 MSeed
Lightsonic
May 2025Participated
$4 MSeed
Catchwise
Mar 2025Participated
$1 MSeed
Installer
Mar 2025Participated
$4 MSeed
Starflow
Oct 2024Participated
$2 MSeed
Cardboard
Aug 2024Participated
$2 MSeed
CardBoard
Aug 2024Participated
$2 MSeed
17
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Sondo: 17 funding rounds are recorded in the selected participation categories.All available history.
Sondo: 17 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed510
Series A01
Other Equity01

Monthly Deal Activity

Sondo: 17 deals are recorded across 50 months.All available history.
Sondo: 17 deals are recorded across 50 months. All available history
MonthDeals
Sep '221
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '241
Aug '242
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '252
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '252
Nov '250
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Sondo: Enterprise Software is the largest displayed sector by deal count (6 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.

Sondo: Enterprise Software is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Enterprise Software6
Networks, Cloud & Communication5
AI & Machine Learning5
Clean Energy & Sustainability3
Professional Services3
Data, Analytics & IT3
Fintech2
E-Commerce & Retail2
Marketing & Advertising1
Education & Workforce1
Health & Life Sciences1
Food & Agriculture1
Transportation & Logistics1

Deal Size Distribution

Sondo: 17 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.

Sondo: 17 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M14
$5M-$10M2
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Sondo: Europe has the largest recorded deal count among the displayed regions (14 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Sondo: Europe has the largest recorded deal count among the displayed regions (14 deals). All available history
RegionDeals
Europe14
United States3
Sondo: 20 co-investors are shown, with Skyfall Ventures sharing 5 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.

Investment Strategy

Sondo: Led accounts for 29% and participating for 71% of round participation.All available history.
Sondo: Led accounts for 29% and participating for 71% of round participation. All available history
CategoryDeals (count)Share (%)
Led529%
Participating1271%
Sondo: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
Sondo: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead240%
Co-led360%

Team

Edvard Engesæth

Venture Partner

Henrik Hatlebrekke

General Partner

Kjetil Holmefjord

General Partner