408 Ventures

408 Ventures is a venture capital firm based in Palo Alto, California, founded in 2016. The firm focuses on investing in early-stage companies that develop data platforms, analytics, and tools designed to create network effects and provide actionable intelligence for critical business decisions. 408 Ventures seeks out companies positioned to become market makers in various data-rich sectors, including health, finance, commerce, and education. The firm emphasizes the importance of building impactful products and services through the intelligent application of data, aiming to support innovative solutions in these dynamic industries.

Artem Tokariev

Partner

25 past transactions

CryptoMove

Venture Round in 2018
CryptoMove is a software platform that provides a secure distributed datastore for keys, files, streaming video, or any other type of data. CryptoMove has invented a new form of data protection -- using dynamic movement, distribution, mutation, and re-encryption.

Eclypsium

Seed Round in 2017
Eclypsium, Inc. is a cybersecurity company based in Portland, Oregon, founded in 2017. It specializes in a cloud-based device security platform designed to protect the firmware and hardware layers of enterprise infrastructure, which includes laptops, servers, and networking equipment. The platform enables security teams to gain insights into vulnerabilities below the operating system, allowing for the implementation of essential security controls. Additionally, Eclypsium focuses on digital supply chain security, ensuring the integrity of critical software, firmware, and hardware within organizations. By addressing risks associated with complex technology supply chains, Eclypsium aims to enhance the overall security posture of enterprises and government agencies.

YayPay

Venture Round in 2017
YayPay Inc. develops a cloud-based accounts receivable management software that automates payment workflows for finance, credit, and collections teams. Founded in 2015 and headquartered in New York, the company offers a range of solutions including dashboards for automated collections, payment predictions, and payer trends, as well as integration with popular platforms like Oracle NetSuite, Sage Intacct, Acumatica, QuickBooks, and Salesforce. YayPay's software utilizes data science and machine learning to improve the credit to cash process, facilitating credit assessments, invoicing, collections management, online payment processing, and cash application. The company targets mid-market and enterprise customers across various sectors, including manufacturing, wholesale, software, and consulting. As a subsidiary of Quadient S.A., YayPay has additional offices in Kyiv, Ukraine, and London, United Kingdom.

Onion ID

Venture Round in 2017
Onion ID, Inc. is a cloud-based software provider that specializes in security solutions for businesses, enabling them to effectively manage access and control across various digital properties. Established in 2014 and headquartered in Hayward, California, the company offers a suite of products that includes infrastructure access management, dynamic privilege management, secret storage, and automated auditing. Onion ID's solutions are designed to enhance security through activity visibility, license management, and user management, while also providing real-time oversight and invisible identity verification. As a subsidiary of Thycotic Software Ltd. since June 2020, Onion ID continues to focus on delivering customizable security measures to help enterprises address their specific access and credential management needs.

PromoRepublic

Seed Round in 2017
PromoRepublic is a SaaS company based in Kyiv, Ukraine, that specializes in social media content automation for small and medium-sized businesses. Founded in 2014, the platform enhances the quality of social media posts on networks such as Facebook and Instagram by providing automation tools and customizable templates. PromoRepublic enables users to create and manage engaging marketing campaigns, including contests and sweepstakes, to attract and retain customers. The company serves a diverse clientele, including digital agencies and large corporations, and has achieved consistent growth, with over 50,000 registered users and 2.5 million social media posts published through its platform. Its technology aims to improve online visibility and maintain brand integrity for businesses with multiple locations.

CryptoMove

Seed Round in 2017
CryptoMove is a software platform that provides a secure distributed datastore for keys, files, streaming video, or any other type of data. CryptoMove has invented a new form of data protection -- using dynamic movement, distribution, mutation, and re-encryption.

Time for Machine

Venture Round in 2016
Time 4 Machine are exclusive mechanical models made of metal. Each model can be assembled from parts that come in a set. Each model comes with detailed instructions for building. All you are going to need to create a true masterpiece are pliers. On June 27th 2017. Time 4 Machine, a Ukrainian team lead by Denis Okhrimenko, starts a 30-days crowdfunding campaign on Kickstarter.com "For about 4 years I have been working on the development of mechanical models from plywood. I chose metal and had to reconsider the whole concept. This material gives more possibilities for precise mechanics, but the main goal was to make the assembly easy for anybody, and it was achieved. I always loved creating mechanical machines, ones you build them and they start moving - you feel this amazing feeling of accomplishment and satisfaction– says Denis.

VGS

Seed Round in 2016
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

Augmented Pixels

Venture Round in 2016
Augmented Pixels Inc. is a technology company based in Palo Alto, California, founded in 2010. It specializes in augmented reality, navigation, and robotics, developing a navigation platform that employs visual simultaneous localization and mapping (SLAM) and sensor fusion. The company's offerings include a Vision Processing Unit for obstacle detection and avoidance, a SLAM SDK for integrating multiple sensor data, and stereo cameras designed for various applications in IoT, drones, and robotics. Additionally, Augmented Pixels provides platforms for pre-programming drone flights and for robotic applications in sectors like healthcare, security, and warehousing. The company also creates augmented and virtual reality solutions for industries such as retail, real estate, and event marketing, aiming to enable drones and robots to navigate their environments similarly to humans.

People.ai

Seed Round in 2016
People.ai is an artificial intelligence platform based in San Francisco, California, designed to enhance revenue operations for enterprise teams. The platform automates processes related to sales, marketing, and customer success, enabling organizations to identify and capitalize on revenue opportunities. By capturing comprehensive data on customer contacts, activities, and engagements, People.ai provides actionable insights that help sales leaders manage their teams effectively and drive revenue growth. The platform offers tools for personalized coaching, sales performance analytics, and pipeline reviews, allowing users to visualize interactions with potential buyers and assess the success of marketing campaigns. Customer success teams utilize People.ai to ensure effective engagement with clients post-sale, aligning their efforts with the right opportunities and tracking the costs associated with customer support. Overall, People.ai aims to transform business activities by leveraging AI technology to deliver insights that foster predictable growth and improved sales productivity.

Cequence Security

Venture Round in 2016
Cequence Security is a venture-backed cybersecurity software company founded in 2014 and based in Sunnyvale, CA. Named a Gartner Cool Vendor in 2018, the company has developed the Cequence Application Security Platform (ASP), an open, distributed, and scalable software platform designed to protect customers’ web, mobile, and API applications from the growing number of malicious bot attacks. Cequence Security will be delivering multiple security service modules for ASP, each designed to work together, simplify security architectures, and deliver strong protection for today’s hyper-connected organizations. Cequence Security customers include F500 organizations across multiple vertical markets. The executive team is led by industry veterans that previously held leadership positions at Palo Alto Networks and Symantec.

StealthWorker

Venture Round in 2016
Stealth Worker, Inc. is a recruitment platform that connects businesses with part-time cybersecurity professionals, including freelancers specializing in information security, sales engineering, and penetration testing. Founded in 2015 and based in Menlo Park, California, the company offers a flexible hiring model, allowing clients to engage contractors for projects or long-term roles ranging from 5 to 40 hours per week. Stealth Worker provides a range of services, including penetration testing, implementation engineering, technical writing, network monitoring, and compliance and auditing. By facilitating the hiring of experienced cybersecurity experts, Stealth Worker aims to meet the growing demand for specialized skills in the cybersecurity sector, both in the United States and internationally.

TrendMD

Seed Round in 2016
TrendMD Inc., founded in 2013 and based in Toronto, Canada, operates a content recommendation engine tailored for scholarly publishers. The company partners with notable scientific publishers, such as Elsevier and Oxford University Press, integrating a JavaScript code into their journal websites to display related article links. This service aims to connect readers, particularly medical professionals, with relevant peer-reviewed content, thereby expediting the dissemination of scientific knowledge. TrendMD's platform generates approximately 500 million recommendations monthly for over 60 million readers. Utilizing a sophisticated algorithm, it creates personalized profiles to enhance user experience and engagement. TrendMD is approaching profitability after its recent participation in a prominent startup accelerator.

Ecoisme

Funding Round in 2016
Ecoisme sp. z o.o., founded in 2014 and based in Krakow, Poland, specializes in home energy monitoring solutions. The company has developed a device that detects the energy consumption of various household appliances and provides users with insights into their electricity usage through a mobile application. This system employs a single sensor that connects contactlessly to the fuse box, enabling users to monitor their energy expenditures and identify potential overuse of grid or solar energy. Additionally, Ecoisme notifies homeowners of any impending appliance failures. The company has gained recognition for its innovative technology, having successfully launched an Indiegogo campaign and received the CES Best of Innovations Award. Furthermore, Ecoisme has joined the Edison Electric Institute and is collaborating on pilot projects with notable organizations such as EDF, Virgin Media, and Dubai Energy and Water Authority.

Rallyware

Venture Round in 2016
Rallyware, Inc. is a technology company that specializes in developing a workforce engagement platform designed to enhance performance across various sectors. Their Performance Enablement Platform (PEP) provides tailored training and engagement activities aligned with specific business goals, allowing organizations to connect workforce performance data with desired outcomes. Rallyware offers solutions for direct selling, sales enablement, franchise management, human resources, corporate citizenship, and brand ambassadorship, catering to a diverse clientele that includes enterprises, direct selling companies, nonprofits, and political campaigns. The platform has been implemented in over 50 countries and supports multiple languages, serving millions of users globally. Notable clients include major brands such as Samsung, Avon, and Mary Kay. Since its incorporation in 2012 and subsequent rebranding in 2013, Rallyware has focused on empowering employees to drive business success through personalized, AI-driven learning and engagement programs. The company is headquartered in San Francisco, California.

Capitan

Venture Round in 2015
First smart shopping list to help you save time, make smart suggestions and sync your family’s requests whenever you are near the stores.

Uber

Series F in 2015
Uber Technologies, Inc. is a technology company that operates a mobile application connecting consumers with independent drivers for ridesharing services, as well as facilitating food delivery through its Eats segment. Founded in 2009 and headquartered in San Francisco, Uber has expanded its operations to over 600 cities worldwide, serving customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company has diversified its offerings into five segments: Rides, Eats, Freight, Other Bets, and Advanced Technologies Group. The Rides segment enables users to request rides from a variety of vehicle types, while the Eats segment allows for restaurant discovery and food delivery. The Freight segment connects carriers with shippers for logistics services. Uber is also focused on developing autonomous vehicle technology through its Advanced Technologies Group. By leveraging its platform, Uber aims to enhance urban mobility and deliver innovative transportation solutions globally.

Cymmetria

Seed Round in 2015
Cymmetria is a cybersecurity company at the forefront of deception technology. Cymmetria’s deception products, MazeRunner and ActiveSOC, give organizations the ability to hunt attackers, detect lateral movement inside the perimeter, automate incident response, and mitigate attacks. The company also offers deception as a service, enabling organizations to customize deception technologies for their business environment. Founded in 2014 by security expert Gadi Evron, Cymmetria is changing the asymmetry of cybersecurity, giving defenders the upper hand.

AttackIQ

Venture Round in 2015
AttackIQ, Inc. is a cybersecurity company that provides a live remote testing platform designed to help organizations assess the effectiveness of their security measures against various cyber threats. Founded in 2013 and headquartered in San Diego, California, with additional offices in Australia, AttackIQ's platform integrates seamlessly into existing networks, offering visibility into security programs to identify coverage gaps, misconfigurations, and prioritize remediation efforts. The platform supports the MITRE ATT&CK Matrix, allowing users to validate security controls and enhance their defenses based on a comprehensive understanding of adversary tactics and techniques. Additionally, the "FireDrill" feature enables security teams to conduct exercises that maximize their capabilities and efficiency, ultimately improving their overall security posture.

Petcube

Seed Round in 2015
Petcube is a worldwide leader in connected pet cameras and software. With products like Petcube Play, Petcube Bites, and Petcube Care, Petcube connects pets to the internet, understands them through machine learning, and provides a platform with curated pet products and services.

MixerBox

Seed Round in 2014
MixerBox Inc, founded in 2018 and based in Palo Alto, California, has developed a mobile application that allows users to play music and videos seamlessly from various services. The app functions as a compliant third-party API client, enabling users to access and enjoy content from platforms like YouTube and MP3s in one unified interface. With its focus on providing an uninterrupted music and video experience, MixerBox aims to enhance the way users discover and enjoy digital media.

MixerBox

Seed Round in 2014
MixerBox Inc, founded in 2018 and based in Palo Alto, California, has developed a mobile application that allows users to play music and videos seamlessly from various services. The app functions as a compliant third-party API client, enabling users to access and enjoy content from platforms like YouTube and MP3s in one unified interface. With its focus on providing an uninterrupted music and video experience, MixerBox aims to enhance the way users discover and enjoy digital media.

SlidePay

Seed Round in 2013
SlidePay, previously known as Cube, provides a streamlined API that enables applications to accept in-person credit card payments efficiently. The integration process is designed to be quick, allowing developers to implement it in hours rather than weeks. This service is compatible with various platforms and devices, making it accessible for a wide range of applications. By focusing on simplicity and speed, SlidePay aims to enhance the payment processing experience for developers and businesses alike.

Balanced

Venture Round in 2013
Balanced is the first payment system designed for marketplaces from the ground up. We provide a feature-rich, fully integrated api that allows marketplaces to charge cards, escrow funds, deposit next day via ACH direct, and collect their own marketplace fees.

SeatID

Angel Round in 2012
SeatID Ltd. specializes in providing a suite of Software as a Service (SaaS) solutions designed to enhance business growth through social media integration. Founded in 2011 and based in Hod HaSharon, Israel, the company offers various tools including Social Login, which simplifies user registration and access to first-party data through social media profiles. Additionally, SeatID provides Social Proof to assist consumers in their purchasing decisions by showcasing connections who have previously engaged with a brand. Its Social Seating and Booking widgets enhance user interaction on websites and applications by displaying friends' travel plans, while Social WiFi creates a networking experience for guests in various settings such as hotels and airports. SeatID serves a diverse clientele within the travel industry, including hotels, train operators, stadiums, and online ticket vendors, aiming to improve consumer confidence, engagement, and conversion rates.
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