L37 Ventures

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

Partner

John Tilney

Partner

Randall Ussery

Partner

10 past transactions

Nalu Bio

Series A in 2023
Nalu Bio is a biotechnology company specializing in the chemical synthesis of cannabinoids (CBD), aiming to provide pure, safe ingredients that are environmentally sustainable. Unlike traditional plant-based methods, Nalu Bio's approach uses significantly less land, water, and energy, while maintaining high purity standards (0% THC) without relying on chemicals or pesticides.

Appalachia Made

Seed Round in 2021
Appalachia Made is dedicated to transforming the economy of Appalachia by creating sustainable employment opportunities and shifting the national perception of the region. The company achieves this through converting former coal mining sites into thriving destinations for adventure sports activities such as hiking, fishing, hunting, and hosting music festivals. By offering these experiences, Appalachia Made aims to attract visitors and foster a positive narrative around Appalachia while providing meaningful jobs for local residents.

Data Gumbo

Series B in 2021
Data Gumbo provides a blockchain-based smart contract platform that links real-time IoT sensor data with operational information to automate performance-based transactions. The platform operates as a blockchain-as-a-service solution, collecting and standardizing data for smart contract algorithms and enabling automatic execution on configurable schedules. It serves enterprises globally, including oil and gas supply chains, and aims to reduce payment delays, disputes, and complex reconciliations by integrating real-time data, APIs, and distributed ledger technology. Beyond transactional automation, the company offers sustainability measurement tools that tie operational data to ESG standards, helping reduce contract leakage, free up working capital, and improve cash flow and visibility. The result is streamlined operations, greater accountability, and provenance across complex industrial networks.

Scepter

Seed Round in 2021
Scepter Inc. specializes in environmental intelligence by offering a patented platform for real-time air pollution monitoring. The company utilizes a network of terrestrial, airborne, and Low-Earth-Orbit satellite-based sensors to measure air quality across the vertical air column. This innovative approach provides comprehensive global-to-local data on air pollution, which is further enhanced by integrating information from various sources, including wind data and established healthcare criteria. The resulting analyses offer actionable insights that benefit businesses, consumers, governments, and non-governmental organizations, helping them make informed decisions regarding air quality management and public health.

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
Nalu Bio is a biotechnology company specializing in the chemical synthesis of cannabinoids (CBD), aiming to provide pure, safe ingredients that are environmentally sustainable. Unlike traditional plant-based methods, Nalu Bio's approach uses significantly less land, water, and energy, while maintaining high purity standards (0% THC) without relying on chemicals or pesticides.

Pure Watercraft

Series A in 2020
Founded in Seattle in 2011, Pure Watercraft designs, manufactures, and sells electric propulsion systems for boats. Its products include outboard motors and complete electric boats, aiming to protect the marine environment by promoting sustainable boating.

Data Gumbo

Series B in 2020
Data Gumbo provides a blockchain-based smart contract platform that links real-time IoT sensor data with operational information to automate performance-based transactions. The platform operates as a blockchain-as-a-service solution, collecting and standardizing data for smart contract algorithms and enabling automatic execution on configurable schedules. It serves enterprises globally, including oil and gas supply chains, and aims to reduce payment delays, disputes, and complex reconciliations by integrating real-time data, APIs, and distributed ledger technology. Beyond transactional automation, the company offers sustainability measurement tools that tie operational data to ESG standards, helping reduce contract leakage, free up working capital, and improve cash flow and visibility. The result is streamlined operations, greater accountability, and provenance across complex industrial networks.

Pure Watercraft

Series A in 2020
Founded in Seattle in 2011, Pure Watercraft designs, manufactures, and sells electric propulsion systems for boats. Its products include outboard motors and complete electric boats, aiming to protect the marine environment by promoting sustainable boating.

Mogul Hotels & Residences

Seed Round in 2020
Mogul Hotels and Residences is a technology and branding company focused on revolutionizing the hospitality industry through artificial intelligence. By integrating work-live designs, data science, and robotics, the company aims to create value for various stakeholders. Its AI-driven technologies enhance the entire service profit chain, facilitating processes from reservations and customer loyalty to human capital management. Mogul Hotels collaborates with owners, operators, and technology firms to implement innovations that improve unit economics while delivering exceptional customer service. By harnessing advanced technology, the company strives to modernize the hospitality experience and set new standards in the sector.
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