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The Venture Codex

Verissimo Ventures

10 Sprague Mill Road, Bedford, NH, 03110, United States

Overview

We invest in early stage companies and help turn finance and operations into a strategic asset. We are hands-on from day one and bring a breadth of experience in addition to our network to each of our portfolio companies. We believe that success depends on the founders and the market, but that failure can come from the many pitfalls along the way - we exist to help companies avoid those pitfalls and realize their full potential. Our investment focus is outstanding entrepreneurs with companies that leverage differentiated technology to disrupt big markets through innovative business models. We typically invest between the pre-seed and Series A stage alongside a broad range of co-investors in the US, Israel and Europe, and aim to make very efficient investment decisions.

Total investments
24
Lead investments
2
Investments · 12mo
2
Active investors
4
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Investment portfolio

  • Alta

    Participated · Series A · Jul 2026

    Alta builds an intelligence-native GTM platform that centralizes a "Company Brain" to orchestrate coordinated AI agents across prospecting, research, multi-channel outbound, inbound qualification, AI calling, and continuous optimization. The platform integrates with partners such as Salesforce, HubSpot, IBM, and Google and connects to 60+ GTM tools. Alta reports rapid commercial traction—hitting its first million in revenue within months of commercialization—and is projecting 800% revenue growth for the year. Its customer roster includes enterprise and SMB users such as Snowflake, Deel, Atlassian, Atoms, Riverside, and Sabio Group. Founded in 2023 by Stav Levi-Neumark, Tom Hoffen, and Mor Shabtai, Alta plans to use the Series A proceeds to expand globally, grow its customer base, and add new data, CRM, and advertising integrations plus agents for account management and cross-selling.

  • Novella

    Participated · Equity · May 2026

    Novella is an AI-native wholesale insurance broker co-founded in 2024 and headquartered in New York with an R&D facility in Tel Aviv. Its specialty AI agents perform placement, binding, form comparison, policy review, subjectivity collection, inspections, billing, endorsements, renewals, and other broking tasks to enable producers to focus on client relationships. The company has been appointed by close to 100 specialty carriers and managing general agents and receives business from more than 3,500 retail agencies. Novella has opened offices in Miami and Houston in 2026 and plans additional regional offices, including southern California in Q2. Leadership includes CEO and co-founder Max Kane, CTO Michael Tsibelman, and Head of Brokerage Alex Broome. Novella aims to become a top-five U.S. wholesale Excess & Surplus broker with $10 billion of premium within the decade.

  • Receive

    Participated · Seed · Jul 2025

    Receive is a U.S.-based financial technology company offering an Earned Revenue Access platform that converts pending sales into immediate spending power for SMBs. Its core product allows merchants to access earned revenue without interest, credit checks, or traditional underwriting. Receive has a white-labeled partnership model enabling ISOs, payment processors, and software providers to leverage first‑party data and create new revenue streams. The company launched the SmartPay Calendar repayment tool and partnered with Titanium Payments to roll out the Titanium Boost Business Mastercard, which turns pending settlements into real-time spending power for Titanium merchants. Receive announced a $4 million seed round led by NGVP, has total funding of $7.1 million, and is supported by additional debt financing. Founder Ariel Blum, formerly in leadership roles at Melio, Green Dot, and American Express, started Receive to address SMB cash-flow challenges and help businesses reinvest sooner without taking on debt.

  • Typedef

    Participated · Seed · Jun 2025

    Typedef offers a purpose-built, inference-first AI data infrastructure that manages LLM-powered pipelines, unstructured data processing, and batch AI workloads with minimal operational overhead. The serverless platform exposes a developer-friendly, open-source client library that connects to data sources and handles token limits, context windows, chunking, and other inference complexities through familiar APIs and relational models. Typedef positions itself to move enterprise AI projects from prototype to production faster by enabling deterministic, scalable workflows on top of non-deterministic LLMs and supporting agentic and OLAP-enhanced workloads. The company emphasizes rapid, iterative prompt and pipeline experimentation to identify production-ready workloads and then scale them reliably. Customer testimony from Matic highlights faster deployment of semantic extraction pipelines, cost reductions, and lower E&O risk. Typedef emerged from stealth concurrent with a $5.5M seed raise and is led by co-founders Kostas Pardalis and Yoni Michael, the latter having sold his prior company Coolan to Salesforce in 2016.

  • Celery

    Participated · Seed · May 2025

    Celery builds AI-driven audit agents that automate internal controls and financial monitoring for payroll, revenue, and expenses, requiring no software setup or system integration. The platform evolved from a payroll auditing tool into a broader financial oversight system used by dozens of U.S. healthcare organizations, including Ultimate Care. Celery reports reducing manual oversight by up to 91%, cutting payroll costs by 0.6% on average, and delivering 8x ROI; to date it has processed over 430,000 payslips, analyzed more than $550 million in payroll data, and helped prevent $2.3 million in losses. The company is SOC 2 certified, was founded in 2023, and is based in Tel Aviv, Israel. Celery plans to use new capital to expand go-to-market operations, accelerate product development, and launch audit agents focused on expense review, fraud detection, and fixed asset controls. It is also exploring channel partnerships with payroll providers and accounting platforms.

Team