Everest Financial

L37 Ventures is a venture capital firm founded in 2020 and based in Houston, Texas. Comprising a diverse team of entrepreneurs, operators, academics, and investors, L37 focuses on investing in innovative and globally-minded founders. The firm is dedicated to scaling early-stage success through active involvement and support, concentrating on problem-solving and value creation. L37 Ventures distinguishes itself by eschewing traditional constraints, allowing for a more adaptable approach in fostering growth and development within its portfolio.

Kemal Farid

Co-Founder and Co-CEO

John Tilney

Partner

Randall Ussery

Founder and CEO

9 past transactions

Appalachia Made

Seed Round in 2021
Provider of adventure sports activities intended to convert coal mining places into fun sports and activities. The company's activities include hiking, fishing, hunting, music festivals and also create sustainable wage jobs, and reframing the national narrative, enabling hikers to have a good time with their family and friends.

Data Gumbo

Series B in 2021
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Scepter Inc

Seed Round in 2021
Scepter has developed and patented a ground breaking approach to monitoring air pollution in real-time using an array of terrestrial, airborne and Low-Earth-Orbit (LEO) satellite-based sensors to measure the vertical air column. Scepter provides global-to-local real-time air pollution data, integrated with data from other sources, blended with wind data, filtered through accepted healthcare criteria and analyzed to provide actionable information for businesses, consumers, governments and NGOs.

Porter Road Butcher

Series A in 2021
Porter Road is a omnichannel whole animal butcher changing the broken food system, by working directly with farmers to offer exceptional, sustainably raised meat direct to consumer. The company was founded by James Peisker and Chris Carter.

Nalu Bio

Seed Round in 2021
Operator of a biotech company committed to creating a new category of chemistry-based cannabinoids for the consumer and pharmaceutical markets. The company has developed a proprietary, scalable, flexible chemistry platform based on a proprietary approach that creates identical batches of any known cannabinoid, setting the standards for consistency and quality, because it removes the risk of contamination from pesticides, heavy metals, and tetrahydrocannabinol inherent in hemp extraction, providing global consumer and pharmaceutical markets with widely-accessible cannabinoids.

Pure Watercraft

Series A in 2020
Pure Watercraft, Inc. is a Seattle-based company that designs, manufactures, and sells electric boats and outboard propulsion systems. Established in 2011, the company offers a range of products including pontoon boats, bass boats, coaching launches, and rigid inflatables, all aimed at enhancing fishing and leisure activities. Its electric outboard motors are designed to be clean, quiet, and environmentally sustainable, allowing for zero-emission boating experiences. The company's products are available for purchase online, promoting accessibility for consumers interested in eco-friendly watercraft solutions.

Data Gumbo

Series B in 2020
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Pure Watercraft

Series A in 2020
Pure Watercraft, Inc. is a Seattle-based company that designs, manufactures, and sells electric boats and outboard propulsion systems. Established in 2011, the company offers a range of products including pontoon boats, bass boats, coaching launches, and rigid inflatables, all aimed at enhancing fishing and leisure activities. Its electric outboard motors are designed to be clean, quiet, and environmentally sustainable, allowing for zero-emission boating experiences. The company's products are available for purchase online, promoting accessibility for consumers interested in eco-friendly watercraft solutions.

Mogul Hotels

Seed Round in 2020
Mogul Hotels is a technology-driven hospitality company focused on providing innovative talent, booking, and branding solutions for the hospitality and real estate sectors. Founded by experienced executives from prominent global brands in the U.S. and Asia, Mogul aims to address the significant changes in the lodging industry brought about by the Covid-19 crisis. The company offers a platform designed to enhance service delivery and create new brands that deliver strong returns for real estate owners. Its offerings include an integrated suite of AI-powered technology and branding solutions applicable to various types of accommodations. Additionally, through its customer-centric platform StayMogul, the company features a diverse range of over 2,000 lifestyle and luxury hotels, 1,000 alternative accommodations, and 100 event and workspaces, catering to the evolving needs of travelers and businesses alike.
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