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The Venture Codex

Overview

Venture capital fund focused on early-stage fintech and AI in finance.

Founded

2018

Deals · 12mo

1

Stage focus

Seed
Series A

Geographic focus

Canada
United States

Sector focus

Artificial Intelligence (AI)
Financial Services
FinTech
InsurTech
...

Investment portfolio

27rounds
NAMEDATESIZE
Velix
Feb 2026Led
$2 MSeed
Cybrid
Oct 2025Participated
$10 MSeries A
Mycroft
Sep 2025Led
$4 MSeed
Deck
Apr 2025Participated
$12 MSeries A
OneVest
Jan 2025Participated
$20 MSeries B
Deck
Oct 2024Participated
$5 MSeed
Nmbr
Sep 2024Participated
$6 MSeed
Loop
Sep 2024Participated
$5 MOther Equity
Inscora
Aug 2024Led
$2 MOther Equity
OneVest
Jun 2023Participated
$13 MSeries A
Westhill
Jun 2023Participated
$14 MOther Equity
Plooto
Dec 2022Participated
$20 MSeries B
Velix
Feb 2026Led
$2 MSeed
Cybrid
Oct 2025Participated
$10 MSeries A
Mycroft
Sep 2025Led
$4 MSeed
Deck
Apr 2025Participated
$12 MSeries A
OneVest
Jan 2025Participated
$20 MSeries B
Deck
Oct 2024Participated
$5 MSeed
Nmbr
Sep 2024Participated
$6 MSeed
Loop
Sep 2024Participated
$5 MOther Equity
Inscora
Aug 2024Led
$2 MOther Equity
OneVest
Jun 2023Participated
$13 MSeries A
Westhill
Jun 2023Participated
$14 MOther Equity
Plooto
Dec 2022Participated
$20 MSeries B
27
Items
...
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Insights

Time horizon

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Deal Distribution

Luge Capital: 27 funding rounds are recorded in the selected participation categories.All available history.
Luge Capital: 27 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed64
Series A16
Series B03
Other Equity43

Monthly Deal Activity

Luge Capital: 27 deals are recorded across 100 months.All available history.
Luge Capital: 27 deals are recorded across 100 months. All available history
MonthDeals
Jul '181
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '191
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '202
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '211
Dec '210
Jan '220
Feb '220
Mar '221
Apr '223
May '220
Jun '221
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '222
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '232
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '242
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '251
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Luge Capital: Fintech is the largest displayed sector by deal count (17 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.

Luge Capital: Fintech is the largest displayed sector by deal count (17 deals). All available history
SectorDeals
Fintech17
Data, Analytics & IT8
Enterprise Software7
Cybersecurity & Privacy4
AI & Machine Learning4
Developer Tools4
Networks, Cloud & Communication3
Media & Entertainment3
Real Estate & Construction2
Crypto & Blockchain2
Professional Services2
E-Commerce & Retail1
Transportation & Logistics1
Hardware & Robotics1
Social & Community Platforms1

Deal Size Distribution

Luge Capital: 27 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.

Luge Capital: 27 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M11
$5M-$10M6
$10M-$25M9
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Luge Capital: Canada has the largest recorded deal count among the displayed regions (23 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Luge Capital: Canada has the largest recorded deal count among the displayed regions (23 deals). All available history
RegionDeals
Canada23
United States3
Japan1
Luge Capital: 20 co-investors are shown, with Panache Ventures sharing 8 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

Luge Capital: Led accounts for 41% and participating for 59% of round participation.All available history.
Luge Capital: Led accounts for 41% and participating for 59% of round participation. All available history
CategoryDeals (count)Share (%)
Led1141%
Participating1659%
Luge Capital: Single-lead accounts for 64% and co-led for 36% of lead dynamics.All available history.
Luge Capital: Single-lead accounts for 64% and co-led for 36% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead764%
Co-led436%

Team

David Nault

Co-Founder & General partner

Jean-Philippe Brosseau, CFA

Financial Planning & Investment Analyst

Karim Gillani

Co-Founder and General Partner

Laviva Mazhar

Principal

Poojitha Preena

Member of the Investment Committee

Rohan Monga

Investment Analyst