The Venture Codex

Participated · Series B · Mar 2026

Assiduus operates an AI-powered middleware platform that provides end-to-end cross-border distribution, fulfillment, compliance, and performance tracking for enterprise brands. The company combines software, data systems, and execution infrastructure in an asset-light model. It currently supports over 150 enterprise brands across 20 countries and integrates with more than 18 global marketplaces and quick commerce platforms. Assiduus reports 4X revenue growth since its last funding round and a threefold increase in valuation. The company has remained profitable at the PAT level for seven years. Headquartered in Atlanta and founded by Somdutta Singh, Assiduus plans to use the new capital to expand into the Middle East, Europe, and Asia-Pacific and to strengthen its AI and data capabilities while building partnerships with enterprises and government bodies.

Participated · Series B · Sep 2025

EcoSoul Home designs, manufactures, and markets a range of sustainable home-essentials such as tableware, trash bags, and related household products. Headquartered in Noida, India, the company operates five owned manufacturing plants across Uttar Pradesh, Uttarakhand, Karnataka, and Chhattisgarh, supplemented by 11 contract manufacturing units. Roughly 75 % of EcoSoul’s revenue comes from outside India, with current distribution spanning over 12 countries. Management plans to use new capital to double manufacturing capacity, add new product lines, and deepen omni-channel retail presence in the United States, United Kingdom, Europe, GCC nations, and India. Future initiatives include launching a more value-centric brand, expanding into the B2B segment, and entering additional markets such as Saudi Arabia, Oman, Qatar, Bahrain, France, Spain, Portugal, and Italy. Including the latest raise, the company’s cumulative funding exceeds $50 million.

Participated · Series B · May 2025

Founded in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, CloudSEK delivers a cloud-native SaaS platform that maps digital footprints, correlates weak signals, and identifies emerging attack paths for its clients. The Bengaluru-headquartered company serves more than 300 enterprises across BFSI, healthcare, technology, and government sectors. Its core offering focuses on AI-driven attack detection and predictive threat intelligence, enabling organizations to strengthen external security postures from day one. CloudSEK positions itself as a research-first firm and has recently framed its identity as an Indo-American cybersecurity player. Following its latest funding, the company plans to establish a U.S. regional hub in Connecticut, recruit local cybersecurity and AI talent, and collaborate with academic and corporate partners. Financially, CloudSEK has concluded a $29 million Series B round (comprising a $19 million B1 tranche and a $10 million B2 tranche) and is backed by a mix of global investors including Commvault, MassMutual Ventures, Inflexor Ventures, and Connecticut Innovations.

Participated · Seed · Apr 2025

Mugafi is an AI-powered platform designed to support creators in the media and entertainment industry, offering tools for learning, developing, and monetizing intellectual properties. Its flagship tool, VED, is an AI assistant that helps writers, filmmakers, and other creators with idea generation, plot structuring, character development, and dialogue crafting. The platform also provides a network for artists to connect with industry professionals such as singers, lyricists, and composers to foster collaboration and career growth. Mugafi plans to use its recent funding to further develop its AI tools, expand into new markets, and scale operations by hiring top-tier talent. The company is based in Gurugram, India. Financially, Mugafi completed a $3.0M seed funding round in April 2025.

Led · Seed · Oct 2024

Optiwise.ai provides a comprehensive GenAI optimization solution for Walmart Marketplace sellers, focused on maximizing product listing and ad performance using Walmart-specific strategies. Led by co‑founder and CEO Deepak Goyal, the company introduced Olivia, an interactive AI assistant that identifies listing and ad opportunities and answers performance questions. Olivia offers content suggestions including keywords, titles, descriptions, and pricing while accounting for holidays and retail events. The assistant learns from a brand’s existing A+ content and replicates it to meet Walmart’s standards, helping brands maintain consistent stories across marketplaces. Olivia also helps ensure compliance with Walmart Marketplace guidelines such as Item Spec 5.0 by automatically identifying and assigning required product attributes, boosting organic visibility and reducing manual updates. Optiwise.ai raised $2.4M in seed funding and intends to use the proceeds to continue Olivia’s growth and development. Optiwise.ai is a cloud-based marketplace optimization platform that combines machine learning and AI with a team of data scientists to deliver actionable insights and performance optimization across marketplaces. The platform helps brands and retailers replicate success across marketplaces such as Amazon and Walmart. Since inception, Optiwise.ai has onboarded hundreds of marketplace sellers and claims to have helped them significantly grow their businesses. The company plans to use recent funding to support additional Walmart capabilities on the platform and to enable sellers to more easily replicate their Amazon success on Walmart. Optiwise.ai intends to continue investing in its product, build a world-class team, and expand its customer base beyond North America into other emerging eCommerce regions. The company is headquartered in Newark, California and operates as a SaaS marketplace optimization provider.