Formulate Ventures

Essential is an advanced software platform designed to enhance the efficiency of field service operations, with a primary focus on the fire and life safety sector. By providing a modern operating system tailored for commercial service businesses, Essential enables teams to automate daily tasks, increase job bookings, and expedite payment processes. The platform leverages artificial intelligence, automation, and user-friendly workflows to facilitate improved operational performance and drive growth within the industry.

0xPass is a technology company that specializes in developing a wallet connector that integrates authentication, identity management, and account abstraction. The platform enhances security and customization for decentralized applications (DApps) by streamlining the onboarding process and simplifying wallet-based authentication and authorization. Additionally, 0xPass has created a distributed key management network utilizing multi-party computation (MPC) to ensure secure and programmable access control. This innovative approach distributes key shares among multiple network nodes, thereby eliminating the risks associated with central custodians, such as single points of failure and unauthorized access. By enabling developers to program authentication rules and automate transactions based on user permissions, 0xPass empowers the creation of secure and efficient digital environments.

NoRamp is a financial software company that specializes in providing a payment infrastructure enhanced by zero-knowledge proofs. It operates a web3 social marketplace designed to facilitate connections among users through a digital platform. The company offers a comprehensive suite of onboarding APIs and various financial services specifically tailored for NFT users. With a focus on multi-chain functionality, NoRamp ensures easy and secure transactions, enabling users to conduct on-chain decentralized digital asset transfers via peer-to-peer fiat payments.

Makelog is a developer of a communication tool specifically designed for product teams, facilitating the sharing of product updates with both customers and internal stakeholders. The platform allows users to centralize and communicate product changes, regardless of their size, by integrating with various data sources where the work originates. This integration enables the automatic generation of product updates, which helps product owners effectively communicate new developments and enhancements to their stakeholders. By streamlining the process of sharing updates, Makelog enhances transparency and engagement between companies and their users.

Graft is a modern artificial intelligence platform that empowers data teams to develop production-ready AI solutions with minimal effort and without requiring specialized machine learning skills. The company offers a cloud-native platform designed for the analysis of unstructured data, including text, images, video, audio, and graphs. By leveraging advanced AI technologies, Graft enables clients to effectively analyze and utilize unstructured data, facilitating improved decision-making and business outcomes. This data-centric approach allows organizations to harness the power of foundation models, thereby streamlining the process of building and deploying AI applications without the need for extensive infrastructure or dedicated teams.