Formulate Ventures

Essential is a software platform designed to enhance efficiency in field service operations, focusing initially on the fire and life safety sector. The platform serves as a modern operating system for commercial service businesses, enabling teams to automate daily tasks, increase job bookings, and expedite payment processes. By utilizing artificial intelligence and intuitive workflows, Essential aims to streamline operations and facilitate growth for its users in the fire protection industry.

0xPass is a technology company that focuses on enhancing digital asset security and user onboarding in decentralized applications (DApps). It has developed a wallet connector that integrates authentication, identity management, and account abstraction features to streamline wallet-based authentication and authorization processes. Additionally, the company offers a distributed key management network that employs multi-party computation (MPC) to safeguard access control. By distributing key shares among multiple network nodes, 0xPass mitigates the risks associated with centralized custodians, such as single points of failure and unauthorized access. This innovative approach allows developers to program specific authentication rules and automate transactions based on user permissions, ultimately improving security and efficiency in digital interactions.

NoRamp is a financial software company that specializes in providing a payment infrastructure enhanced by zero-knowledge-proof technology. It operates a web3 social marketplace designed to facilitate connections among users on a digital platform. The company offers a range of financial services tailored for NFT users, featuring multi-chain functionality and secure transaction options. This enables users to perform on-chain decentralized digital asset transfers through peer-to-peer fiat payments, simplifying the process of engaging with digital assets in a secure environment.

Makelog is a developer of a communication tool aimed at enhancing the way product teams share updates with both internal and external stakeholders. The platform simplifies the process of creating, centralizing, and distributing product updates, allowing companies to effectively communicate changes, whether significant or minor. By integrating with various data sources, Makelog's tool automatically generates updates, enabling product owners to easily inform their users and team members about relevant developments. This functionality ensures that all stakeholders remain informed and engaged with the latest product enhancements.

Graft is a modern AI platform that allows data teams to create production-ready AI solutions with minimal effort. It eliminates the need for machine learning expertise, additional staffing, or infrastructure maintenance. The platform focuses on a data-centric approach, utilizing foundation models to enhance business outcomes. Additionally, Graft specializes in unstructured data analysis, harnessing artificial intelligence to process various types of data, including text, images, video, audio, and graphs. This capability enables clients to apply advanced analytical techniques effectively, ultimately driving improved results for their businesses.