Cortado Ventures

Cortado Ventures is a venture capital firm established in 2020 and located in Oklahoma City, Oklahoma. The firm specializes in investing in capital-efficient businesses that utilize technology to achieve growth, primarily within the sectors of fintech, biotech, aerospace, ag tech, and energy tech. Cortado Ventures focuses on business-to-business technology companies and aims to support innovative enterprises that demonstrate strong potential for scalability. As a Registered Investment Adviser, the firm is committed to fostering the development of companies across Oklahoma and beyond, leveraging its expertise and resources to maximize investment success.

Susan Moring

Principal

Mansi Patel

Analyst

Matt Waraich

Associate

Woods, David

Co-Founder and Partner

56 past transactions

Equipt

Seed Round in 2025
Equipt is a B2B value chain management platform based in The Woodlands, Texas, founded in 2020. The company specializes in asset purchases, rentals, and product procurement and sales. It offers a modular plug-and-play software designed to simplify and accelerate B2B transactions and communications. By leveraging its technological and industrial expertise, Equipt provides clients with customizable solutions that address complex proposals and cross-functional relationships. The platform also supports the launch of intricate rental or leasing programs, aiding businesses in modernizing their transaction processes.

Lumata Health

Series B in 2025
Lumata Health is a technology-driven healthcare startup focused on preventing blindness from chronic eye conditions, managing thousands of people at risk of vision loss across the United States. Founded in 2017 by an ophthalmologist and retina specialist in practice for over 30 years, Stephen R. Fransen, MD, and supported by more than 30 industry luminaries and influencers on its Advisory Board, Lumata Health aims to stop preventable blindness with a human-led, intelligent care coordination and management platform that’s almost always free to the patient. The company partners with physicians, payers, and health systems to offer turnkey care management services provided by eye care experts who are supported by cutting-edge technology and data science. Lumata Health’s programs improve clinical outcomes, patient satisfaction, and clinic staff efficiency by providing between-visit patient assistance and care coordination for patients with chronic eye diseases such as diabetic retinopathy, macular degeneration, glaucoma, and dry eye.

ArborXR

Series A in 2024
ArborXR is a developer of an extended reality (XR) device management platform that enables businesses to efficiently manage virtual reality (VR) and augmented reality (AR) devices at scale. The platform allows for remote content deployment and user control, providing enterprises and XR service providers with streamlined services for device management and content distribution. With a focus on enterprise-level security, ArborXR collaborates with numerous Fortune 500 companies to enhance the user experience and operational efficiency. The company aims to empower individuals by leveraging the capabilities of XR technology, and its solutions are currently utilized by organizations in 60 countries worldwide.

Pipedream Labs

Venture Round in 2024
Pipedream Labs is a hyperlogistics technology company focused on establishing an autonomous delivery network designed to achieve sub-minute delivery speeds for consumers. The company aims to develop an underground delivery network that facilitates the efficient transport of goods to and from homes and businesses. By creating hyper logistics networks, Pipedream Labs seeks to enable the seamless and rapid movement of physical objects, ensuring timely deliveries without obstacles.

Lumata Health

Series A in 2024
Lumata Health is a technology-driven healthcare startup focused on preventing blindness from chronic eye conditions, managing thousands of people at risk of vision loss across the United States. Founded in 2017 by an ophthalmologist and retina specialist in practice for over 30 years, Stephen R. Fransen, MD, and supported by more than 30 industry luminaries and influencers on its Advisory Board, Lumata Health aims to stop preventable blindness with a human-led, intelligent care coordination and management platform that’s almost always free to the patient. The company partners with physicians, payers, and health systems to offer turnkey care management services provided by eye care experts who are supported by cutting-edge technology and data science. Lumata Health’s programs improve clinical outcomes, patient satisfaction, and clinic staff efficiency by providing between-visit patient assistance and care coordination for patients with chronic eye diseases such as diabetic retinopathy, macular degeneration, glaucoma, and dry eye.

CorriXR Therapeutics

Venture Round in 2024
CorriXR Therapeutics is a biotechnology company. The company is headquartered in Wilmington, Delaware, United States.

Cadenza Bio

Seed Round in 2023
Cadenza Bio is a biotechnology company focused on the development of highly selective small-molecule drugs aimed at treating demyelinating and inflammatory diseases. The company is dedicated to creating therapeutic medications that not only alleviate symptoms but also halt disease progression, promote repair, and restore the quality of life for patients. By advancing a new class of Estrogen Receptor targeted small molecules, Cadenza Bio aims to empower patients to regain control over their health and improve their overall well-being.

PatchRx

Series A in 2023
PatchRx is a remote therapeutic management platform focused on enhancing medication adherence and patient compliance. It utilizes a comprehensive approach to support clinics in leveraging remote therapeutic monitoring. The platform features a universal smart pill bottle, a patient-facing app, and a web application, all designed to help patients take their medications as prescribed. PatchRx allows users to manage refills and rewards them for maintaining good adherence, while also providing real-time adherence data to healthcare providers. By integrating data-driven technology, PatchRx aims to improve health outcomes and facilitate better communication between patients and their care teams.

Exum Instruments

Series A in 2023
Exum builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost.

Ox

Series A in 2023
Ox is an enterprise software provider focused on enhancing supply chain operations through human-centered automation. The company specializes in developing augmented reality software that aims to optimize warehouse efficiency. By utilizing machine learning and a range of customized tools, Ox’s solutions enhance the capabilities of industrial warehouse operators. Their software incorporates artificial intelligence algorithms that monitor and improve workforce performance, facilitating better inventory management. Through integration with cloud-based application program interfaces, Ox enables clients to streamline operations and achieve greater operational excellence.

Mate Fertility

Series A in 2023
Mate Fertility is a California-based company that operates tech-enabled fertility clinics, founded in 2020 and headquartered in Los Angeles. The company aims to make parenthood more accessible by providing affordable fertility services. It offers a platform that connects patients to various fertility clinics and telemedicine options for treatments and therapies. Additionally, Mate Fertility provides comprehensive fertility services, including expert advice and treatment from qualified doctors, ensuring patients receive both support and guidance throughout their fertility journey.

MooveAI

Seed Round in 2023
MooveAI is an automotive company that provides innovative solutions in end-to-end, predictive road intelligence analytics. Their first approach involves continuously collecting trillions of data points about road networks, including data about connected vehicles, road attributes, such as friction and traffic. The data is then integrated into our proprietary location analytics platform, where it is verified and analyzed. Finally, actionable insights are provided in the form of road risk scores that describe the relative safety of millions of individual road segments.

Moat Biotechnology

Funding Round in 2023
Based on the SC-AdVax platform that was exclusively licensed by the Mayo Clinic, Moat Biotechnology is a biopharmaceutical firm in the clinical development stage that is dedicated to the development of innovative intranasal and oral vaccines.

Watkins-Conti Products

Seed Round in 2022
Watkins-Conti Products is a women's healthcare company focused on developing innovative and affordable solutions for incontinence, particularly stress urinary incontinence (SUI). The company addresses both the underlying causes and symptoms of this often-overlooked issue affecting women's pelvic health. By offering non-surgical services, Watkins-Conti Products aims to provide effective resolutions that empower women to manage their health challenges and improve their quality of life.

Ardley

Seed Round in 2022
Ardley is a mortgage and lending technology company. Their technology helps lenders reduce the cost of originating offers and close more loans. They produce more precise loan proposals for potential borrowers within a lender's portfolio. They enable lenders to generate more loan volume at a lower cost to originate.

Motive

Seed Round in 2022
Motive is a company.

nSight Surgical

Seed Round in 2022
nSight is revolutionizing surgery with the first machine learning platform to ensure hospital patient safety and streamline operative workflow. By recognizing patient safety moments in the operating room, the platform improves patient safety and increases efficiency across the entire hospital ecosystem.

Lumata Health

Series A in 2022
Lumata Health is a technology-driven healthcare startup focused on preventing blindness from chronic eye conditions, managing thousands of people at risk of vision loss across the United States. Founded in 2017 by an ophthalmologist and retina specialist in practice for over 30 years, Stephen R. Fransen, MD, and supported by more than 30 industry luminaries and influencers on its Advisory Board, Lumata Health aims to stop preventable blindness with a human-led, intelligent care coordination and management platform that’s almost always free to the patient. The company partners with physicians, payers, and health systems to offer turnkey care management services provided by eye care experts who are supported by cutting-edge technology and data science. Lumata Health’s programs improve clinical outcomes, patient satisfaction, and clinic staff efficiency by providing between-visit patient assistance and care coordination for patients with chronic eye diseases such as diabetic retinopathy, macular degeneration, glaucoma, and dry eye.

Boddle

Seed Round in 2022
Boddle is a game-based learning platform that supports K-12 teachers in assessing and differentiating student learning, particularly in STEM subjects. Established in February 2018 in Tulsa, Oklahoma, by Edna Martinson and Clarence Tan, Boddle employs adaptive learning technology and artificial intelligence to engage students and enhance their educational experience. The platform transforms student interactions into actionable reports, enabling teachers to identify individual learning needs and track performance effectively. By focusing on foundational skills, Boddle ensures that students can master essential concepts at their own pace, fostering a love for learning and paving the way for future academic success.

Payfactory

Pre Seed Round in 2022
Payfactory is a technology-driven payment facilitator designed for enterprise software companies. Founded by experienced professionals from the payments industry, it provides a platform that simplifies the integration of payment acceptance while minimizing financial risks. The company offers features such as online onboarding, payment acceptance, and immediate payouts through a suite of user-friendly APIs. This enables software vendors to enhance security, improve service, and increase transaction speed. Payfactory's tools and interfaces also include reporting and chargeback management, allowing users to manage their payment processes efficiently.

Moat Biotechnology

Seed Round in 2022
Based on the SC-AdVax platform that was exclusively licensed by the Mayo Clinic, Moat Biotechnology is a biopharmaceutical firm in the clinical development stage that is dedicated to the development of innovative intranasal and oral vaccines.

oPro.ai

Seed Round in 2022
oPRO is a software company providing deep learning optimization powered by artificial intelligence for process automation. They accelerate the transformation of enterprises through AI software to maintain AI in production. They deliver forecasts for key process variables, prescriptions for critical control variables, and supervised automation control. They enable manufacturing enterprises to augment an operator’s decision-making process to supervise assets and processes. It accelerates enterprise transformation by providing advanced AI software that allows enterprises to easily deploy, scale, and maintain AI in production.

PatchRx

Series A in 2022
PatchRx is a remote therapeutic management platform focused on enhancing medication adherence and patient compliance. It utilizes a comprehensive approach to support clinics in leveraging remote therapeutic monitoring. The platform features a universal smart pill bottle, a patient-facing app, and a web application, all designed to help patients take their medications as prescribed. PatchRx allows users to manage refills and rewards them for maintaining good adherence, while also providing real-time adherence data to healthcare providers. By integrating data-driven technology, PatchRx aims to improve health outcomes and facilitate better communication between patients and their care teams.

DexPump

Series A in 2022
Facilitating maximum economic recovery for late in life horizontal wells

Moat Biotechnology

Series C in 2022
Based on the SC-AdVax platform that was exclusively licensed by the Mayo Clinic, Moat Biotechnology is a biopharmaceutical firm in the clinical development stage that is dedicated to the development of innovative intranasal and oral vaccines.

FanSub

Pre Seed Round in 2022
Fansub is the platform for managing a creator's booking, marketing, and live experiences. It allows users to create, ticket, and stream live experiences from some of the venues to their local pool hall, backyard, and home studio while delivering ticket revenue.

Senslytics

Seed Round in 2022
Senslytics focuses on creating advanced machine learning technologies aimed at early and accurate situation assessment, particularly for energy companies. Their flagship product, Intuition AI, utilizes a distinctive data-light approach that makes precise predictions using only five data points. This technology diverges from traditional correlation-based models by employing a causation-based method, which incorporates the knowledge of domain experts to create adaptable models capable of recognizing situational dynamics that others may overlook. Instead of limiting the number of variables during model training, Intuition AI evaluates all potential influencers and dynamically identifies the most pertinent ones for each specific scenario. Additionally, Senslytics offers tools for wireline formation testing and mud gas logging, which help determine contamination levels and provide quality estimates of reservoir fluids, thereby enabling the detection of anomalies such as pipeline ruptures caused by corrosion, often before they become critical issues in industrial operations.

Pipedream Labs

Seed Round in 2022
Pipedream Labs is a hyperlogistics technology company focused on establishing an autonomous delivery network designed to achieve sub-minute delivery speeds for consumers. The company aims to develop an underground delivery network that facilitates the efficient transport of goods to and from homes and businesses. By creating hyper logistics networks, Pipedream Labs seeks to enable the seamless and rapid movement of physical objects, ensuring timely deliveries without obstacles.

Wilder Systems

Series A in 2022
Wilder Systems is a robotics and automation company focused on the aerospace industry. Founded in 2015 and based in Austin, Texas, the company designs and manufactures automation machines that incorporate collaborative robots and mobile technology. Their platform aims to enhance productivity, quality, and ergonomics within existing production environments without requiring significant modifications. By leveraging innovative automation solutions, Wilder Systems seeks to streamline processes and improve operational efficiency in aerospace manufacturing.

Exum Instruments

Seed Round in 2022
Exum builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost.

Relativity6

Seed Round in 2022
Relativity6, Inc. is a Cambridge, Massachusetts-based company that develops a machine learning and AI platform designed to help carriers and brokers re-engage lapsed customers. Founded in 2016, the company utilizes predictive statistical models and machine learning algorithms to analyze customer transaction history, behavioral patterns, demographic information, and digital footprints. This analysis allows clients to identify which customers are likely to return, estimate the potential value of these customers, and conduct real-time field experiments to enhance marketing strategies. Additionally, Relativity6's platform aids financial organizations in increasing customer engagement and profitability by uncovering hidden patterns in data and predicting future purchasing behaviors.

Glycologix

Seed Round in 2022
Glycologix is a biotechnology company that specializes in the development of locally delivered biopolymers aimed at protecting and repairing soft tissues. Its innovative platform focuses on creating synthetic structural mimics of naturally occurring proteoglycans, which are vital for various medical applications. These novel materials demonstrate high solubility despite their large molecular weight, ensuring effective tissue coverage. Glycologix targets several unmet medical needs, including interstitial cystitis, dry eye, post-surgical adhesion prevention, osteoarthritis, spinal disk disease, and wound repair. The company's approach includes a periodic bladder instillation designed to restore the protective layer of the urothelium, enhancing its affinity to tissue and prolonging its protective effects.

Ardley

Seed Round in 2022
Ardley is a mortgage and lending technology company. Their technology helps lenders reduce the cost of originating offers and close more loans. They produce more precise loan proposals for potential borrowers within a lender's portfolio. They enable lenders to generate more loan volume at a lower cost to originate.

Nuview

Pre Seed Round in 2021
Nuview provides implementation solutions through offshore development. Nuview is a mature accelerator and industry reputed software consulting group. They offer edge technology solutions and augment their IT staff as needed. They deliver services that deliver reusable templates, presentations, documents, and tools.

AI Driller

Seed Round in 2021
AI Driller, Inc. is an automation company based in Houston, Texas, specializing in self-drilling fleet services for the oil and gas industry. Founded in 2017, the company has developed an advanced rig automation and intelligence platform that leverages artificial intelligence to enhance drilling operations. Its offerings include the ROP Module, which provides real-time automation of conventional auto-drillers, and various AI-driven solutions such as AI Alerts, data insights, and directional drilling capabilities. By utilizing machine learning for data processing and performance analysis, AI Driller aims to minimize human error and inefficiencies, enabling engineers to access historical drilling data and achieve consistent results in their operations.

Relativity6

Seed Round in 2021
Relativity6, Inc. is a Cambridge, Massachusetts-based company that develops a machine learning and AI platform designed to help carriers and brokers re-engage lapsed customers. Founded in 2016, the company utilizes predictive statistical models and machine learning algorithms to analyze customer transaction history, behavioral patterns, demographic information, and digital footprints. This analysis allows clients to identify which customers are likely to return, estimate the potential value of these customers, and conduct real-time field experiments to enhance marketing strategies. Additionally, Relativity6's platform aids financial organizations in increasing customer engagement and profitability by uncovering hidden patterns in data and predicting future purchasing behaviors.

Access Optics

Series A in 2021
Access Optics is able to combine innovating manufacturing engineering, process development, and optical fabrication with advanced coating technology. The pioneering product development and advanced materials solutions have fostered breakthrough products for leading OEMs in endoscopy, dermatology, aerospace, and chromatography.

Sensulin

Series A in 2021
Sensulin, LLC is an Oklahoma-based company that focuses on developing glucose-responsive insulin for the treatment of type I and type II diabetes. Utilizing its proprietary Agglomerated Vesicle Technology, the company creates a drug delivery platform that employs liposomes linked by a stimulus-responsive molecule. This innovative approach aims to mimic the functionality of a healthy human pancreas, potentially allowing for a true once-a-day insulin solution. Sensulin's insulin formulation seeks to eliminate the necessity for separate basal and prandial insulin, significantly reducing the need for glucose monitoring and multiple daily injections, thereby improving the quality of life for individuals living with diabetes. Established in 2011, Sensulin is dedicated to advancing diabetes care through its groundbreaking research and development efforts.

Boddle

Seed Round in 2021
Boddle is a game-based learning platform that supports K-12 teachers in assessing and differentiating student learning, particularly in STEM subjects. Established in February 2018 in Tulsa, Oklahoma, by Edna Martinson and Clarence Tan, Boddle employs adaptive learning technology and artificial intelligence to engage students and enhance their educational experience. The platform transforms student interactions into actionable reports, enabling teachers to identify individual learning needs and track performance effectively. By focusing on foundational skills, Boddle ensures that students can master essential concepts at their own pace, fostering a love for learning and paving the way for future academic success.

Watkins-Conti Products

Seed Round in 2021
Watkins-Conti Products is a women's healthcare company focused on developing innovative and affordable solutions for incontinence, particularly stress urinary incontinence (SUI). The company addresses both the underlying causes and symptoms of this often-overlooked issue affecting women's pelvic health. By offering non-surgical services, Watkins-Conti Products aims to provide effective resolutions that empower women to manage their health challenges and improve their quality of life.

DexPump

Seed Round in 2021
Facilitating maximum economic recovery for late in life horizontal wells

Volt

Seed Round in 2021
Volt is a company established in 2019 and based in Tulsa, Oklahoma, specializing in SMS communication solutions. It offers a platform that facilitates the sending and delivery of SMS at scale, leveraging connections with a network of SMS partners and suppliers. Volt's technology enables businesses, particularly small to mid-sized companies, to automate text message conversations with their customers. This includes features for two-way texting and calls from a dedicated ten-digit number, allowing users to maintain control over their communication. By utilizing Volt's services, businesses can enhance customer acquisition, engagement, and retention through efficient automated messaging.

PatchRx

Seed Round in 2021
PatchRx is a remote therapeutic management platform focused on enhancing medication adherence and patient compliance. It utilizes a comprehensive approach to support clinics in leveraging remote therapeutic monitoring. The platform features a universal smart pill bottle, a patient-facing app, and a web application, all designed to help patients take their medications as prescribed. PatchRx allows users to manage refills and rewards them for maintaining good adherence, while also providing real-time adherence data to healthcare providers. By integrating data-driven technology, PatchRx aims to improve health outcomes and facilitate better communication between patients and their care teams.

PrivacyBrain

Seed Round in 2021
PrivacyBrain is a cybersecurity platform focused on protecting individuals' personal identification information from exposure on data broker sites. The platform automates the removal of exposed personal information, enabling organizations to safeguard their executives and employees from potential cyber threats, including phishing attacks. Users can access an intuitive dashboard that provides visibility into the exposed personal information and the status of its removal. Following the initial removal, PrivacyBrain continues to monitor data broker sites for any newly exposed information, automatically initiating removal requests as necessary. By addressing the root causes of personal information exposure, PrivacyBrain helps clients maintain a secure environment for their employees while mitigating risks associated with publicly available personal identifying information.

Ox

Seed Round in 2021
Ox is an enterprise software provider focused on enhancing supply chain operations through human-centered automation. The company specializes in developing augmented reality software that aims to optimize warehouse efficiency. By utilizing machine learning and a range of customized tools, Ox’s solutions enhance the capabilities of industrial warehouse operators. Their software incorporates artificial intelligence algorithms that monitor and improve workforce performance, facilitating better inventory management. Through integration with cloud-based application program interfaces, Ox enables clients to streamline operations and achieve greater operational excellence.

Drōv Technologies

Seed Round in 2021
Drōv Technologies is a technology company developing innovative solutions that will enable commercial vehicles to leverage embedded sensor technologies. The company bringing step-change innovation to the Commercial Vehicle Industry with the development of patented on-vehicle components, connected vehicle technologies, and advanced analytics. Drov's first technology release is its Tire Pressure Management application, which creates value for clients via measurable improvements in fleet asset utilization, fuel efficiency gains, the achievement of tire wear extension goals and compliance towards greenhouse gas emission reduction standards. Founded in 2016 and is headquartered in Oklahoma City, Oklahoma.

Socialwyze

Seed Round in 2020
Socialwyze is a gig economy platform providing immediate public benefit work to income individuals and displaced workers. It helps governments and donors pay unemployed people to perform public benefit work to help them maintain housing and transition back into employment. It was founded in 2018 and is headquartered in Dallas, Texas.

Array

Seed Round in 2020
Array operates as a developer of an online no-code platform that automates data collection and business processes. Founded in 2013 and headquartered in Lewes, Delaware, with an additional office in London, the company allows clients to digitize static forms and streamline manual tasks through an intuitive drag-and-drop interface. This platform is designed to enhance data quality and improve operational efficiency across various industries, including field marketing, food and beverage, transport and logistics, and maintenance. By eliminating the need for coding, Array's solutions enable organizations to automate daily tasks, enhance compliance, and mitigate risks associated with data handling.

Volt

Pre Seed Round in 2020
Volt is a company established in 2019 and based in Tulsa, Oklahoma, specializing in SMS communication solutions. It offers a platform that facilitates the sending and delivery of SMS at scale, leveraging connections with a network of SMS partners and suppliers. Volt's technology enables businesses, particularly small to mid-sized companies, to automate text message conversations with their customers. This includes features for two-way texting and calls from a dedicated ten-digit number, allowing users to maintain control over their communication. By utilizing Volt's services, businesses can enhance customer acquisition, engagement, and retention through efficient automated messaging.

Satellite

Pre Seed Round in 2020
Satellite is a technology company focusing on the intersection of workforce training, technology, and the future of work. It implements workforce strategies that build and diversify clients' talent pool with speed and precision. It was founded in 2020 and headquartered in Tulsa, Oklahoma.

MITO (Materials)

Seed Round in 2020
MITO Material Solutions, Inc. is a specialty chemical company that focuses on developing and manufacturing graphene-based hybrid polymer modifiers and additives to enhance material performance across various industries. Founded in 2016 and headquartered in Indianapolis, Indiana, with an additional office in Stillwater, Oklahoma, MITO offers innovative products such as the MITO T-Series, a nano-additive that significantly increases the toughness of composite materials by up to 100% while reducing the likelihood of mechanical failure by 80%. This versatility allows industries, including aerospace, recreational vehicle, and boating, to either enhance product durability or decrease material usage, leading to substantial cost savings and weight reduction. MITO's products are compatible with a range of applications, including epoxy resins and thermoplastics, ultimately contributing to improved efficiency and performance in manufacturing processes.

Sway Medical

Series A in 2020
Sway Medical, LLC, founded in 2011 and based in Aledo, Texas, develops FDA-cleared mobile applications designed to monitor patient outcomes across various medical fields, including orthopedics, geriatrics, and pharmacology. The company's flagship product, Sway Balance, utilizes advanced motion analysis protocols and algorithms to assess balance and detect instability, particularly following head injuries. This mobile software enables healthcare professionals, sports coaches, and other users to conduct objective balance and reaction time testing in diverse environments, providing real-time data for concussion management and overall patient monitoring. By offering quantifiable insights into postural stability, Sway Medical aims to enhance the quality of care in physical therapy, orthopedic practices, senior living facilities, and worksite medical clinics.

Volt

Pre Seed Round in 2020
Volt is a company established in 2019 and based in Tulsa, Oklahoma, specializing in SMS communication solutions. It offers a platform that facilitates the sending and delivery of SMS at scale, leveraging connections with a network of SMS partners and suppliers. Volt's technology enables businesses, particularly small to mid-sized companies, to automate text message conversations with their customers. This includes features for two-way texting and calls from a dedicated ten-digit number, allowing users to maintain control over their communication. By utilizing Volt's services, businesses can enhance customer acquisition, engagement, and retention through efficient automated messaging.
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