KDX is a Palo Alto-based early-stage venture capital firm focused on investment and capital markets technology. It backs startups that digitize investment and capital allocation processes, from inception through Series A.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is pre-seed (42% of deals). Average disclosed round size is $4.8M (across 8 rounds with reported amounts).
Portfolio
12
Fund Size
—
Top Stage
Pre Seed
Last 12 Mo
2
Team
DL
Daniel Lax
Managing Director
RG
Rashard Green
Leading in private equity
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| TThema | Pre-Seed | $4.5M | Feb 2026 |
| TThema | Pre-Seed | $4.5M | Jan 2026 |
| CClaira | Seed | $7M | Jun 2025 |
| Pre-Seed | — | Dec 2024 | |
| CCarecode | Pre-Seed | $4.3M | Jan 2024 |
| Seed | — | — | |
| BBalto Energy | Unknown | $1M | — |
| AAarden AI | Unknown | $4M | — |
| EEzra | Seed | $8M | — |
| PPonterra | Unknown | — | — |
| FForesight Data | Seed | $5.5M | — |
| SSynthera | Pre-Seed | — | — |
Top Co-Investors
Robin Capital2 shared
Angel Invest2 shared
Transpose Platform2 shared
Motive Partners2 shared
Stride.VC2 shared
Entrepreneurs First1 shared
Breakthrough Energy Ventures1 shared
Active Impact Investments1 shared
Leap Forward Ventures1 shared
Congruent Ventures1 shared
Citi Ventures1 shared
Activant Capital1 shared
Barclays1 shared
K50 Ventures1 shared
QED1 shared
private angel investors1 shared
Angel1 shared
Last updated: 14 September 2026
