About KDX
KDX is a venture capital firm founded in 2023. It is primarily based out of Palo Alto, United States. As of Mar 2026, KDX is an active investor, having invested in 10 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Seed round of Ezra A lot of funds co-invest with KDX, with names like Barclays sharing a substantial percentage of its portfolio. KDX has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
KDX's List of Top Investments
KDX has a portfolio of 10 companies. Their most notable investmentis in Dunya AnalyticsTheir portfolio spans across United States, Brazil, Canada and 3 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 3 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by KDX:
1. Claira
Cloud & AI-based contract analysis management solution provider. Solutions include LIBOR Remediation, Rate Floor Discovery, CMBS Cash Covenant, Actionable Insights, and Amendment Generation. Features include legal & financial contract analytics, rate floor discovery, critical documents, bond & loan covenant insights, amendment generation, and etc.
Key facts about Claira
- Founded Year: 2018
- Location: New York City (United States)
- Stage: Seed
- Total Funding till date: $7M
- Employee Count: 23 as on Mar 31, 2026
- Investors: Citi, Activant Capital and 4 Others
- Latest Funding Round: Seed, Jun 24, 2025, $*****
- Highlight: Editors' Pick
Provider of autonomous space labs and reusable capsules for in-orbit services. They facilitate experiments and manufacturing in space, managing all aspects from launch to landing. Hosted payloads enable monitoring, testing, and tracking from orbit. Microgravity experiments support advancements in medicine, materials, and biotech. Edge computing allows for data processing in space for real-time results.
Key facts about Catalyx space
- Founded Year: 2024
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $7.22M
- Employee Count: 32 as on Jun 30, 2026
- Investors: Outlander VC, Techstars and 8 Others
- Latest Funding Round: Seed, Aug 08, 2025, $*****
- Highlight: Editors' Pick
Digital platform that automates nature risk analysis. It automates nature risk analysis for businesses and their supply chains and uses science-based methodologies to provide scalable solutions.
Key facts about Dunya Analytics
- Founded Year: 2023
- Location: Wilmington (United States)
- Stage: Seed
- Total Funding till date: $3.03M
- Employee Count: 13 as on Jun 30, 2026
- Investors: MassChallenge, KDX and 2 Others
- Latest Funding Round: Seed, Jul 29, 2025, $*****
4. Alpha Ledger
Key facts about Alpha Ledger
- Founded Year: 2018
- Location: Curitiba (Brazil)
- Stage: Series A
- Total Funding till date: $17.2M
- Employee Count: 11 as on Jun 30, 2026
- Investors: Blackhorn Ventures, UMANA House of Funds and 5 Others
- Latest Funding Round: Series A, Apr 16, 2024, $*****
5. Thema
Developer of software analyzing market structures for private equity investors. This platform maps economic segments, adjacencies, and competitive dynamics to assist with risk assessment and strategic expansion. It utilizes automated data collection and processing to identify market trends and platform growth opportunities. The system generates reports on potential market shifts and competitive pressures to inform investment decisions and portfolio management. Access to this infrastructure allows for the modeling of growth paths and the testing of strategic assumptions within fragmented markets.
Key facts about Thema
- Founded Year: 2022
- Location: United Kingdom
- Stage: Seed
- Total Funding till date: $4.5M
- Employee Count: 9 as on Apr 30, 2025
- Investors: Stride, Gov and 2 Others
- Latest Funding Round: Seed, Feb 24, 2026, $*****
KDX's Year-on-Year Investment Trends
KDX has invested in 10 companies over the last 3 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 3 investments, while as of Mar 2026, it has made 2 investments in this year. Its most recent first time investment was in Ezra.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 0 | 3 |
2024 | 4 | 0 | 4 |
2023 | 1 | 0 | 1 |
KDX's Investments by Stage
KDX has made 9 investments in Seed stage with an average round size of $4.46M and 1 investment in Series A stage with an average round size of $9.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 9 |
Series A | 1 |
Note: We have considered here, only first round of investments
KDX's Investments by Sector
KDX has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Environment Tech, High Tech and Sustainability Tech. Notably, it has invested in 10 Tech companies, 9 Enterprise (B2B) companies, 8 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
FinTech | 4 |
Environment Tech | 2 |
High Tech | 2 |
Sustainability Tech | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
KDX's Investments by Geography
KDX has made most investments in United States (5), followed by Brazil where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 5 |
Brazil | 2 |
Canada | 1 |
Germany | 1 |
India | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
KDX's recent investments
KDX has made 2 investments in 2026 so far - Ezra and Thema.Here are the most recent investments by KDX:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 12, 2026 | United States | Seed | 1695 | [+4] | |
Feb 24, 2026 | United Kingdom | Seed | 5129 | [+1] | |
Aug 08, 2025 | United States | Seed | 9541 | [+6] | |
Jun 26, 2025 | United States | Seed | 7737 | ||
Jun 24, 2025 | United States | Seed | 4746 | [+4] |
Team profile of KDX
KDX has a team of 2 members located in United States. KDX's team does not sit on the board of any company as of now.Co-investors of KDX
Over the past 3 years, 40 investors have co-invested in KDX's portfolio companies. This includes funds and angels.
- Invested before KDX: Citi, HF0 and 1 other have invested in rounds before KDX. There is 1 company where Citi has invested before KDX and 1 company where HF0 has invested before KDX.
- Top Co-investors of KDX: 37 investors entered a company along with KDX. These include investors like Barclays (1 company).
Recent News related to KDX
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Ezra Raises $8M in Seed FundingFinSMEs•Mar 12, 2026•StepChange, KDX, Planeteer Capital, Leap For Word and 5 others
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Thema Raises $6.2M in Total FundingFinSMEs•Feb 24, 2026•Thema, KDX, Capitalallocators, University of Cambridge and 2 others
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Catalyx Space Secures $5.4 Mn to Expand Space LogisticsStartupNews•Oct 25, 2025•Catalyx space, Outlander VC, Nivesha Ventures, Arka Venture Labs and 20 others
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Claira Raises $7 Million in Seed Funding to Revolutionize Deal Intelligence for Financial Institutionsintelligence360•Jul 02, 2025•Claira, Barclays, Citi, eimagine and 3 others
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Claira Secures $7 Million Seed Funding to Transform Financial Institutions Deal IntelligenceFintech Finance•Jun 25, 2025•Claira, Barclays, Citi, Reimagine Technology Ventures and 3 others
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Healthtech Carecode raised a $4.3M pre-seed roundLatamList•Jan 08, 2025•Andreessen Horowitz, Carecode, QED Investors, Endeavor and 4 others
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London-based Synthera has Secured $1.86Milllion in FundingStartup Rise EU•Dec 03, 2024•Synthera.ai, Motive Partners, BuenTrip Ventures, Robin Capital and 4 others
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Synthetic data platform Synthera raises $1.86 million pre-Seed investmentFinextra•Dec 03, 2024•Synthera.ai, Motive Partners, Entrepreneur First, Transpose Platform and 4 others
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Dunya Analytics Raises $1.2M Seed FundingSilicon Valley Journals•Sep 17, 2024•Dunya Analytics, Synova, KDX, Persei
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