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The Venture Codex

Tower Research Capital

120 Broadway, 38th Floor, New York, NY, 10271, United States

Overview

Tower Research Capital is a computerized trading firm in the field of high-frequency trading. They have access to pooled technological resources such as connections, hardware, software, business management, legal, compliance, and risk management tools. This entails creating tools and systems to access market data, analyze trends, simulate trades, handle orders, support trades in real-time, manage risk, and provide post-trade services.

Total investments
11
Lead investments
4
Investments · 12mo
4
Active investors
3
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Investment portfolio

  • The American Baby Company

    Led · Seed · Jul 2026

    The American Baby Company is a West Palm Beach–based fertility startup that aims to expand access to IVF through lower-priced clinic offerings. It plans to open its first clinic in West Palm Beach later this year and to offer a full IVF cycle, including medications, for $8,995. The company emphasizes operational execution—clinical staffing, patient experience and payor relationships—to scale care delivery rather than relying solely on software. Its pricing thesis contrasts the $8,995 offering with an average cited single-cycle cost of around $23,500. The startup raised a $4 million seed round led by Wormhole Capital and Tower Research Ventures to fund the clinic launch and related operational buildout. The articles do not disclose revenue, user metrics, or prior funding rounds.

  • Procurement Sciences AI

    Participated · Series B · Nov 2025

    Procurement Sciences AI has built Awarded AI, a single platform that unifies opportunity discovery, proposal automation, compliance management and delivery execution for government contractors across U.S. federal, SLED and international public-sector markets. The software leverages intelligent automation, predictive insights and agentic AI to cut proposal preparation from weeks to minutes and replace a patchwork of legacy tools. Since its Series A 15 months ago, the company has recorded more than 10× revenue growth, helped customers secure over $3 billion in contract wins and expanded its user base to 300+ organizations, including several top-10 defense and aerospace firms. Headcount has grown from 16 to 70 employees, and veteran technology leader Greg Larson has joined as CTO. Founded in 2022 by Marine Corps veteran Christian Ferreira and headquartered in Washington, the startup positions itself as the first AI-native operating system purpose-built for the $1 trillion public-sector market. The new capital will fund product expansion, strategic hiring, new office openings and broader commercialization efforts.

  • Mentium

    Participated · Seed · Oct 2025

    Founded in 2023 and headquartered in Austin, Texas, Mentium is an AI-native platform that lets freight brokerages and logistics providers deploy task-specific “digital workers.” The company’s agents plug into TMS, ERP, email, phone, SMS, and third-party chat apps to create a single source of truth and automate repetitive processes without coding or pre-training. Its initial product tackles accounts-payable automation for carrier payments—a labor-intensive, revenue-leaking workflow—while additional agents handle load booking, rate negotiation, reporting, and customer–carrier communications. Early customers such as Baker Tilly (Panama), Sethmar, Heartland Logistics Group, and Continental Expedited Services report up to 70 % of tasks completed with zero human touch. Mentium positions itself as the future “operating system for logistics,” aiming to expand automation across an enterprise once integrated. Strategic partnerships with Google, AWS, and NVIDIA support enterprise-grade scalability and compliance. Proceeds from the latest funding will accelerate product development, broaden go-to-market efforts, and grow the engineering team.

  • National Commodity & Derivatives Exchange (NCDEX)

    Participated · Equity · Sep 2025

    NCDEX is India's dominant agricultural commodity exchange, focused on trading agricultural commodities and related derivatives. The exchange has raised $87.99 million from global trading firms and domestic brokers as it prepares to enter equity markets. It received in-principle approval from the markets regulator in July to launch equity and equity derivatives trading and plans to offer equity trading first, then equity derivatives in about a year. Named investors include Citadel Securities, Tower Research, Acacia Partners, Zerodha and Groww, each buying roughly 1%-2% stakes. The CEO, Arun Raste, said the raise targeted high-frequency trading firms, broking firms and HNIs so investors would have "skin in the game" ahead of the equity foray. The exchange has seen reduced trading volumes after recent regulator steps, but management sees potential to expand participation into smaller towns; regulators have also extended a ban on futures in seven key agricultural commodities until March next year. GSP Crop Science is a Gujarat-based agrochemical company operating in the Indian agrochemical sector. The company is noted for its underlying strengths in research and development. It has received an investment of Rs 95 crore from the Oman India Joint Investment Fund (OIJIF). Management says it will use OIJIF’s investment alongside internal resources to double its market share over the next three years. Quest Profin Advisor served as the sole arranger for the investment. Company leadership cited growing farmer awareness and favourable political impetus as drivers of sector growth.

  • SalesDraft

    Led · Equity · Aug 2025

    SalesDraft builds an end‑to‑end recruiting workflow product that automates logistical recruiting tasks—scheduling, follow-ups, reminders and routing—targeted at direct‑to‑consumer home‑services businesses (solar, roofing, windows). The founders spun out from Encōr and Solo after building custom recruiting tools and initially shipped analytics and basic automation before moving to own the full workflow. The company lost its largest customer when Encōr folded in late 2023, which wiped out roughly 50% of SalesDraft’s revenue, then rebounded after hiring industry veteran Jared Biesinger as CRO in November 2024 and growing largely via word of mouth. Since launching in November 2024 SalesDraft reported $1.4 million in revenue, expanded headcount from four to ten employees, and moved into an office in Lindon, Utah. The new $3 million financing will fund hiring, product development, and marketing as the company begins SEO, PPC, outbound efforts and prepares for upcoming trade shows.

Team