Verissimo Monthly - End of Year 2024
It’s All About Everything
Thoughts on Investing and Starting Up
We are excited to kick off 2025 with the launch of our “It’s All About Everything” Series for our portfolio founders. This series is aimed at achieving two main goals:
Working with founders to identify and get the most out of their “Zone of Genius.”
Providing founders with an expert-led survey course of each core operating function inside a company.
We believe that each of our founders has something special that they bring to their company and market, which is why we invested. After investing in over 120 companies over the last 11 years, I have come to realize that blind spots and distractions create some of the biggest barriers to success for early-stage companies.
My job as an early-stage investor is to pick great founders who have limitless potential and then do everything I can to help them avoid failure.
There is a distinction between helping them not fail and helping them succeed.
They will succeed because of their own talents, work ethic and market timing, but there are so many ways that they can fail. As an investor who has seen quite a few startup journeys, it is my duty to share the common pitfalls with founders and help them navigate accordingly.
Too often I hear “it’s all about growth” or “it’s all about recruiting” or “it’s all about product.” Scaled success requires the ability to focus on everything. This means leaning into strengths, supplementing weak areas with experts, and knowing exactly when each function should take the spotlight. Juggling this complexity is the hardest part of the founder job, so our aim is to give founders the tools to “focus on everything.”
Hence, It’s All About Everything.
A great way to avoid unnecessary mistakes is to understand the core concepts behind each function in a business. This is where repeat founders often excel: they know what comes next in the company building process, and therefore when they need to shift their focus from engineering to product to growth to recruiting to competitive strategy, etc. This instinct is undoubtedly what makes an outstanding and scalable founder.
The goal of our new program is to both help our first-time founders gain the advantages of repeat founders and help out repeat founders get to the next level.
We aim to help founders identify previously unknown blind spots and then solve for them accordingly. In this two-step process, and we aim to provide both the expertise and community to help founders avoid pitfalls and achieve their ultimate potential.
We are excited partner with my good friend David Rust to launch this new program for our founders.
Events & Content
Alex recently spoke at an event hosted by Ameer Awadiyeh, CEO of Hasoub, a pioneering organization in Israel that is empowering Arab technologists and entrepreneurs, at the Google for Startups campus. In his talk, titled Leaning Into the Subjectivity of Early-Stage Investing, Alex shared insights on developing an investment methodology tailored to the unique challenges and opportunities of early-stage ventures. The event offered a great opportunity to discuss early-stage investing and connect with a community driving innovation in the Arab tech ecosystem.
🎙 Podcast Feature: Tech on the Rocks
Tune in to Verissimo’s Nitay Joffe and Kostas Pardalis, founder Typedef as they chat with tech geniuses on Tech on the Rocks—where hardware, cloud, and all things future-tech meet over a virtual drink!
December 2024 Episodes
🔟 Episode 10:
Security as Code: Building Developer-First Security Tools
Featuring David Mytton of Arcjet
9️⃣ Episode 9:
Dev Environments in the AI Era: Standardizing Development Infrastructure
Featuring Ivan from Daytona
Portfolio Highlights
Droxi recently announced a $21M Series A led by Drive Capital. We are strong believers in their vision and are excited about the awesome opportunities ahead.
Droxi's AI saves doctors time by showing them the most relevant parameters for each item in their EHR inbox, eliminating the need for manual searches, and clicking between multiple windows. Droxi is for every clinician who wants to spend more time treating patients and less time clicking buttons.
We are excited to co-lead the pre-seed round into Day 8. Day 8 upcycles discarded agricultural leaves into Rubisco protein. Their powder has neutral taste and color, is allergen-free, and functionally superior to whey and pea protein. In a world increasingly driven by the need for sustainable and reliable protein sources, Day 8 is paving the way for a healthier, more resilient food future.
Trullion is an AI-powered platform that automates workflows for finance and audit teams. By automating tasks like data entry, report generation, audit processes, and financial analysis, Trullion helps businesses of all sizes increase efficiency, accuracy, and scalability in their accounting operations.
Trullion was recently named one of North America’s 15 fastest-growing companies in Deloitte’s 2024 Technology Fast 500.
Komodor is a platform for managing Kubernetes at scale. It provides continuous monitoring, analysis, and visualization of the Kubernetes environment, offering clear insights to simplify reliability maintenance, real-time troubleshooting, and cost optimization. By bridging the Kubernetes knowledge gap, Komodor empowers teams to improve operational efficiency, and accelerate development.
OurRitual is making relationship coaching accessible to everyone through a dynamic digital coaching platform. Their app combines practical skill-building with guidance from human experts, powered by cutting-edge AI and backed by relationship science.
Who we are
Verissimo Ventures is a Pre-seed and Seed Venture Fund based in Israel and the US. We invest primarily in enterprise software companies and take a fundamentals-driven approach to early-stage investing. We work closely with founders to help them build the strongest, most fundamentally sound businesses with potential for explosive growth and a meaningful impact on the market.
We were founded in 2020 and are currently investing out of our $26M Fund 2.