Fundraising Fox

.406 Ventures

Venture capital

Boston · Seed–Growth · 17 people tracked

Also known as .406 VENTURES MANAGEMENT, L.P.

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Investment thesis

The firm focuses on early-stage technology companies with strong growth potential, concentrating on three domains where it believes it can add the most value: healthcare, data and AI, and cybersecurity. Drawing on nearly two decades of experience, it emphasizes hands-on partnership with founders, offering domain expertise, deep networks, and operational support beyond capital. Its goal is to help early-stage businesses scale into category-defining companies, positioning itself as an extension of each founder's team throughout the company-building journey.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$1M – $4M
HQ
Boston, Massachusetts, US
Leads rounds
Leads
Instruments
Equity
Founded
2005
AUM
$1.3B
VC funds
17
Tracked investments
113

Team · 17 people

from the firm's website
Larry Begley

Co-founder of the firm, which he helped establish in late 2005.

What they invest in

from 67 of 113 portfolio companies

Enterprise Software ×32Healthtech ×31AI & Machine Learning ×28Digital Health ×20SaaS ×14Data & Infrastructure ×12Cybersecurity ×10Developer Tools ×6

HQs:United States×50

Investments · 113 tracked

founders shown can be your intro path
Compass (NYSE:COMP)compass.com𝕏NYSE: COMP

Compass is a real estate brokerage that uses technology to help consumers find homes.

B2B MarketplacesEnterprise SoftwareMarketplacesPropTechSaaSManhattan, US

Robert Reffkin(Founder & CEO)Ori Allon(Founder & Chief Strategist)Brad Serwin(Executive Officer)Steven Sordello(Director)Allan Leinwand(Director)Josh McCarter(Director)

Kalturakaltura.comin𝕏NASDAQ: KLTR

Kaltura provides AI-powered video platforms for live and on-demand digital experiences that enable brands and organizations to engage audiences and achieve business goals.

AI & Machine LearningEnterprise SoftwareMedia & EntertainmentNew York, US

Ron Yekutiel(Founder)

Heartbeat Healthheartbeathealth.com✓ verified

Heartbeat Health builds a modern cardiology ecosystem to deliver cardiovascular care through technology-enabled interventions.

Digital HealthHealthtechMedical DevicesNew York, US

Jeff Wessler(Founder & Chief Executive Officer)Brian Greer(Executive Officer)Nayan Jain(Executive Officer)Mitsu Hadeishi(Director)Sikanyiselwe Maqubela(Director)Mark Hanson(Executive Officer)

Board seatPayal Agrawal DivakaranTrip Hofer· per SEC Form D

Reltioreltio.comin✓ verified

Reltio is a cloud-native, software-as-a-service (SaaS) data platform that helps enterprises manage and unify master data to deliver business outcomes.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSRedwood Shores, US

Manish Sood(Founder, Chairman, and CEO)Michael Gustafson(Director)Jeffrey Schlesinger(Executive Officer)James Feuille(Director)Chetan Puttagunta(Director)

Telmaitelm.aiin𝕏✓ verified

Telmai is a data observability company that monitors and enhances data reliability for enterprise customers.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

Mona Rakibe(Founder)inMaxim Lukichev(Founder)inRudina Seseri(Director)Graham Brooks(Director)

Abacus Insightsabacusinsights.comin𝕏

Abacus Insights provides a unified data infrastructure platform that standardizes healthcare data across silos, enabling analytics and cost reduction for healthcare organizations.

Data & InfrastructureEnterprise SoftwareHealthtechBoston, US

Minalkumar Patel(Executive Officer, Director)Mike Spadafore(Director)

BoardMatthew Downs(Director)Dale White(Director)William McIvor(Director)

Board seatGraham Brooks· per SEC Form D

Attend.com, Inc.SEC filinghigh confidence

Boston, US

Board seatMaria CirinoGraham Brooks· per SEC Form D · $2.5M raise · filed Feb 2015

AuthAiracquired by Logmein

Authentication solutions making systems more automated and reliable.

Woodbridge, US

Harry Sverdlove(Director)Yaron Baitch(Executive Officer, Director)

Board seatMaria CirinoGreg Dracon· per SEC Form D

Carbon Blackcarbonblack.com

Waltham, US

Patrick Morley(Executive Officer, Director)Anthony Zingale(Director)Eric Pyenson(Executive Officer)Ronald Nordin(Director)Jeff Fagnan(Director)Paul Maeder(Director)

Board seatMaria Cirino· per SEC Form D

Chaos Searchchaossearch.ioin𝕏

ChaosSearch is a data platform that indexes and analyzes large-scale data using a novel compression-optimized format designed for cloud object storage.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software

Board seatGraham Brooks· per SEC Form D

CloudHealth Technologies

Cloud infrastructure cost and performance management platform.

Boston, US

Robert Davoli(Member of Board of Directors)Joe Kinsella(Chief Technology Officer and member of Board of Directors)Bob Brennan(Member of Board of Directors)Daniel Phillips(Executive Officer, Director)Dave Eicher(Chief Operating Officer, Secretary, and Treasurer)Lawrence Begley(Member of Board of Directors)

Board seatGreg Dracon· per SEC Form D

Corvus Insurance HoldingsSEC filingmedium confidence

Boston, US

Philip Edmundson(Executive Officer, Director)

Board seatGraham Brooks· per SEC Form D · $120.7M raise · filed Apr 2021

Diana Healthheydianahealth.com𝕏

Diana Health provides personalized women's healthcare through collaborative teams of OB/GYNs, midwives, mental health therapists, dietitians, and wellness coaches.

Digital HealthFemTechHealthtechWellness & Fitness

Kate Condliffe(Chief Executive Officer)Brenton Fargnoli(Director)Jeff De Flavio(Director)Payal Agrawal Divakaran(Director)Ellen Herlacker(Director)

Board seatPayal Agrawal Divakaran· per SEC Form D

Greathorngreathorn.comin

CybersecurityBelmont, US

Kevin O'Brien(Executive Officer, Director)Raymond Wallace(Executive Officer, Director)

Board seatGreg Dracon· per SEC Form D

Imcs GroupSEC filingmedium confidence

HealthtechSt. Petersburg, US

Steven G. Chrust(Director)Steve Chevalier(Director)W. Frederick Uehlein(Director)Loraine Daugherty(Executive Officer)Michael Coupland(Executive Officer, Director)

Board seatLiam Donohue· per SEC Form D · $2.8M raise · filed Mar 2026

Indicodataindicodata.aiin

Indico provides an intake and orchestration platform for insurance carriers that processes unstructured data such as claims, submissions, and reports to modernize how work enters and moves through insurance operations.

AI & Machine LearningEnterprise SoftwareInsurTechBoston, US

Madison May(Founder & CTO)Diana Yuan(Co-founder, SVP People & Operations)Alec Radford(Co-founder and Advisor)Slater Victoroff(Executive Officer, Director)

Board seatGraham Brooks· per SEC Form D

JistoSEC filinghigh confidence

Boston, US

Michael Feinstein(Executive Officer, Director)Aleksandr Biberman(Executive Officer, Director)Maria Cirino(Director)Greg Dracon(Director)

Board seatMaria CirinoGreg Dracon· per SEC Form D · $2.4M raise · filed Feb 2017

LexumoSEC filingmedium confidence

Cambridge, US

NATHAN SHNIDMAN(Executive Officer, Director)BRAD GAYNOR(Executive Officer, Director, Promoter)MARIA CIRINO(Director)JEFFREY FAGNAN(Director)

Board seatMaria Cirino· per SEC Form D · $4.9M raise · filed Feb 2016

MineralTree, Inc.SEC filingmedium confidence

Boston, US

Board seatMaria CirinoGreg Dracon· per SEC Form D · $66.8M raise · filed Oct 2020

Onapsisonapsis.comin𝕏

Onapsis provides cybersecurity solutions focused on protecting enterprise applications, particularly SAP and Oracle systems, across cloud, on-premises, and hybrid environments.

CybersecurityEnterprise SoftwareSaaSBoston, US

Mariano Nunez(Chief Executive Officer)Sadik Al-Abdulla(Chief Product Officer)Denis Cashman(Chief Financial Officer)Debi Dowling(Chief Marketing Officer | Chief of Staff)Paul Kleinschnitz(Chief Revenue Officer)Juan Pablo Perez-Etchegoyen(Chief Technology Officer)

Board seatMaria Cirino· per SEC Form D

Rapid Focus SecuritySEC filingmedium confidence

Boston, US

Paul Paget(Executive Officer, Director)Scott Chasin(Director)Edwin Marin(Executive Officer)Maria Cirino(Director)Matt Fates(Director)Ed Pierce(Executive Officer)

Board seatMaria Cirino· per SEC Form D · $13.1M raise · filed Apr 2016

Threat Stackthreatstack.comin

CybersecurityBoston, US

Brian Ahern(Executive Officer, Director)

Board seatMaria Cirino· per SEC Form D

Trilio Datatrilio.ioin𝕏

Trilio provides cloud-native data protection software designed for Kubernetes, OpenStack, and KubeVirt environments.

Cloud ComputingData & InfrastructureEnterprise SoftwareHopkinton, US

Murali Balcha(Founder and CTO)Muralidhar Balcha(Executive Officer, Director)David Safaii(Executive Officer, Director)Greg Dracon(Director)Payal Agrawal Divakaran(Director)

BoardMassood Zarrabian

Board seatPayal Agrawal DivakaranGreg Dracon· per SEC Form D

AbleToableto.com

HealthtechNew York, US

Liam Donohue(Director)Thomas Hawes(Director)Frank Hunt(Executive Officer)Robert Rebak(Executive Officer, Director)Russ Nash(Director)

BoardEnrico Picozza(Director)

Absurdabsurd.comin𝕏

Absurd is a platform that generates AI-produced videos for brand and performance advertising, enabling companies to produce professional-quality content within days rather than traditional timelines.

AI & Machine LearningEnterprise SoftwareMarketing TechLos Angeles, US

Philip Ho(Founder, CEO)inDamian Chng(Founder)inDaniel Kathein(Founder, CTO)in

Adtuitive

AI-driven platform that automatically generates and contextually matches ads to online content.

Annum Health

Evidence-based teletherapy platform addressing alcohol use disorder.

HealthtechNew York, US

Miki Kapoor(Director)Lauren Wolfe(Executive Officer)Michael Laskoff(Executive Officer, Director, Promoter)Mark Willenbring(Executive Officer)Nina Kjellson(Director)Manish Agarwal(Director)

Arboretumarboretum.bioin

Arboretum provides genetic testing programs and patient registry infrastructure for healthcare systems to implement precision medicine for cardiovascular disease, cancer, and metabolic conditions.

BiotechDigital HealthMedical Devices

AristaMDaristamd.comin𝕏

AristaMD is a technology-enabled clinical services provider that connects primary care physicians with board-certified specialists through eConsults to improve access to specialty care and reduce costs.

Digital HealthEnterprise SoftwareHealthtechSaaSSan Diego, US

Keith Pinter(Chief Executive Officer)Julia Jezmir(President and Chief Medical Officer)Brooke LeVasseur(Executive Officer, Director)Craig Cimini(Director)Brant Heise(Director)

BoardJohn Kuelper(Director)

Ascellusascellus.comin

Ascellus Behavioral Health provides evidence-based behavioral health services and psychological evaluations for workers' compensation claims, addressing psychosocial factors that interfere with recovery following physical injury.

Digital HealthHealthtechInsurTechMental Health

Bedrock Dataacquired by Formstack

Data management system for collecting and aggregating data to increase workplace productivity.

Bendacquired by Webster Financial

HSA optimization platform using advanced technologies for tax benefits and health spending.

Better Life Partnersbetterlifepartners.comin𝕏

HealthtechHanover, US

Adam Groff(Executive Officer, Director)Juliana Ekong(Executive Officer, Director)Myechia Minter-Jordan(Director)Yair Schindel(Director)Jon Lim(Director)Steven Kelly(Executive Officer)

Biadvisorsbiadvisors.com

Business Intelligence Advisors provides investment research and advisory services to institutional investors, helping them evaluate opportunities and manage risk across their portfolios.

FintechLegalTech

Big Healthbighealth.com𝕏

Big Health develops digital treatments and care programs for mental health conditions, including cognitive behavioral therapy-based solutions for insomnia and other mental health issues.

Digital HealthHealthtechMental Health

Peter Hames(Co-founder)Colin Espie(Co-founder)

Bluebird Kids Healthbluebirdkids.comin

Bluebird Kids Health provides pediatric care services with a family-centered approach.

Digital HealthHealthtechUnknown, US

Bobsledbobsled.coin𝕏

Bobsled provides a data collaboration platform that enables businesses to work together on data across cloud environments.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software

Business Intelligence Advisors

AI-powered deception detection platform adapted from national security for commercial use.

Chosen Securityacquired by PGP

Managed service provider for identity verification and strong authentication solutions.

Claren Healthclarenhealth.com

Claren helps patients make informed medical decisions by providing evidence-based information about treatment options for chronic conditions, combining clinical guidance with AI-powered decision support tools for shared decision-making.

AI & Machine LearningDigital HealthHealthtech<UNKNOWN>

ClosedLoopclosedloop.ai

Closedloop.ai is a team-based platform for agentic software development that enables teams to define requirements, create implementation plans, and ship code collaboratively with AI agents, with full visibility and review gates before execution.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareAustin, US

Marcus Bartram(Director)David DeCaprio(Executive Officer, Director)Andrew Eye(Executive Officer, Director)Graham Brooks(Director)

BoardIan Sigalow(Director)

Connotateacquired by Import.io ,

AI platform transforming web data and content into high-value information assets.

Copatientacquired by Mebex

Medical billing advocacy platform identifying errors and appealing insurance denials.

Corticacorticacare.com

Cortica provides in-home, in-clinic, and telehealth neurological therapies for children with autism and developmental differences, integrating neurological, biomedical, behavioral, speech-language, and sensorimotor treatments.

Digital HealthHealthtechMedical Devices<UNKNOWN>, US

Dr. Suzanne Goh(Founder)Neil Hattangadi(Executive Officer, Director)Briana Elvaiah(Executive Officer)Michael Wert(Director)

BoardRyan Drant(Director)Stephen Anastos(Director)

Corvusacquired by Travelers

AI-powered platform for cyber insurance underwriting.

Dianagetdiana.comin𝕏

Diana is a platform for managing flexible work and HR operations.

AI & Machine LearningConsumerDigital HealthEnterprise SoftwareFuture of WorkHR TechSaaSSan Francisco, US

Upeka Bee(Founder)inDilan(Co-founder)inGautamin

DigitalSmithsacquired by Tivo

AI-powered software converting video into structured data for advertising and media analysis.

Disarraydisarray.aiin

Disarray builds AI research agents for long-horizon autonomy over heterogeneous data, helping practitioners automate tedious ML development tasks while maintaining control over high-judgment decisions.

AI & Machine LearningData & InfrastructureDeep TechDeveloper Tools

Doris Xin(Co-founder & CEO)inMoustafa Abdelbaky(Co-founder & CTO)in

Edgewise Networks

Cybersecurity platform preventing application compromise and attack progression.

Equipequip.healthin𝕏

Equip provides virtual care and treatment services for eating disorders through a digital platform.

Digital HealthHealthtechMental Health

Kristina Saffran(CEO & Co-Founder)Erin Parks(Chief Clinical Officer & Co-Founder)

FamilyWellfamilywellhealth.com
FamilyWell Health

Virtual care integration for OB/GYN practices providing maternal mental health care.

GameStronggamestrong.ai

Youth performance psychology platform delivering evidence-based mental skills training.

Genesisgenesiscomputing.aiin𝕏

Genesis Computing builds an agentic data engineering system that enables enterprises to design, reason about, and evolve data workflows faster using AI agents that understand complex data landscapes.

AI & Machine LearningData & InfrastructureEnterprise Software

Justin Langseth(Chief Technology Officer)inMatt Glickman(Chief Executive Officer)inAnton Gorshkov(Head of Engineering)in

Genesis Computing

Agentic AI data engineer fully automating data pipeline creation and maintenance.

Wilmington, US

Matthew Glickman(Executive Officer, Director)Ben Holzman(Director)Justin Langseth(Executive Officer, Director)Robert Muglia(Director)

BoardGraham Brooks(Director)

Health Dialogacquired by Bupa

Analytics and technology platform reducing healthcare costs and improving outcomes.

Helmhelmhealth.comin

Helm Health provides benefit design and member engagement tools for health plans, incorporating cost and quality data into coverage decisions, bundling claims into transparent pricing, and offering provider search functionality.

Enterprise SoftwareHealthtechInsurTechSan Francisco, US

Helm Health

Platform enabling carriers to launch configurable dynamic copay health plans.

HealthtechColumbus, US

Bradley Otto(Director)Kathryn Reddy(Director)Ross Klosterman(Director, Executive Officer)Olivia Cameron(Secretary of the Issuer)Brodie Stone(Mr. Stone is the Chief Revenue Officer of the Issuer.)

Humata Healthhumatahealth.comin

Humata provides an end-to-end platform to streamline prior authorization processes in healthcare, reducing delays and improving care access for patients.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtech

Jeremy Friese(Founder, MD)in

Hurdle

Behavioral health services rooted in cultural humility.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Fund performance · per public LP disclosures

as of Nov 2025
FundVintageCommittedNet IRRTVPIDPI
POINT 406 VENTURES I, L.P.LPs: Employees' Retirement System of Rhode Island6.4%1.57x1.36x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does .406 Ventures invest at?
.406 Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
What is .406 Ventures's typical check size?
.406 Ventures typically writes checks of $1M – $4M.
What sectors does .406 Ventures focus on?
.406 Ventures focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Digital Health, Healthtech, Sector Agnostic.
Where is .406 Ventures located?
.406 Ventures is headquartered in Boston, US.
Does .406 Ventures lead rounds?
Yes, .406 Ventures leads investment rounds.

Media · Podcasts & interviews

featuring the team

Graham Brooks, Partner at .406 Ventures - The VentureFizz Podcast

VentureFizz · Graham Brooks

The HLTH Daily Show Ft. Payal Agrawal Divakaran, .406 Ventures, Partner

Chitra Nawbatt · Payal Agrawal Divakaran

Payal Agrawal Divakaran, Partner at .406 Ventures - Top Healthcare Investor

Top Startup Series · Payal Agrawal Divakaran

Maria Cirino - Managing Partner at .406 Ventures (Full Interview)

TAG Infosphere · Maria Cirino

.406 Ventures' Maria Cirino for Boston UpFront

BostInno · Maria Cirino

Images

.406 Ventures photo.406 Ventures photo.406 Ventures photo.406 Ventures photo.406 Ventures photo.406 Ventures photo

Co-investors · 53

F-Prime Capital Partners

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$3M – $10M
Flare Capital Partners

Flare Capital Partners is a venture capital firm specializing in healthcare technology, backing founders building software, data, and AI infrastructure for the healthcare industry.

$1M – $10M
RRE Ventures

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$5M – $15M
Accomplice

Accomplice is a venture capital firm that has backed early-stage companies across sectors, having been part of the origin stories of companies like AngelList, DraftKings, Patreon and WHOOP.

Both backed · 4
$5M – $25M
Echo Health Ventures

Echo Health Ventures is a strategic venture capital and growth equity investor that partners with health care companies to help build and scale their innovations nationally.

General Catalyst

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$30M
Glasswing Ventures

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Both backed · 3
$100K – $5M
Uncork Capital

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Both backed · 2
GreathornMashery
$3M – $5M
Sapphire Ventures

Sapphire Ventures is a venture capital firm founded in 2011 that backs technology companies, offering operating support such as executive talent and customer introductions to its portfolio.

Both backed · 2
$5M – $20M
Scale Venture Partners

Scale Venture Partners is an early-stage investor that partners with AI companies to help them grow from founder-led growth into a scalable go-to-market operation.

$5M – $25M
Polaris Partners

Polaris Partners is a venture capital firm that partners with biotech and healthcare entrepreneurs to build transformational companies.

$500K – $5M
Zetta Venture Partners

Zetta Venture Partners provides early-stage capital and hands-on support to founders building AI-native applications, infrastructure, and developer tools.

Both backed · 2
$1M – $5M
41 more co-investors

Evolution Equity PartnersSequoia CapitalFirst Round CapitalFlybridge Capital PartnersCrosslink CapitalNexus Venture PartnersHighland Capital PartnersOpenView Venture PartnersFounders Circle CapitalAscension VenturesSandbox IndustriesaMoonLytical VenturesBenchmarkB Capital GroupKapor CapitalObvious VenturesMeritech Capital PartnersPractical Venture CapitalDCM VenturesBallistic VenturesEnergy Impact PartnersAnorak VenturesCisco InvestmentsVitalStage VenturesEndeavor CatalystPhoenix CourtVertex Ventures Southeast Asia & IndiaNational Grid PartnersGutbrain VenturesAllegisCyber CapitalCambridge Innovation CapitalEight Roads VenturesTop Tier Capital PartnersGeneration Investment ManagementMonk's Hill VenturesNew Markets Venture PartnersSeae VenturesInnova Memphis, Inc.BlueCross BlueShield Venture PartnersOmidyar Technology Ventures

Firms observed investing alongside .406 Ventures, from public investor directories. Shared companies are the overlap with .406 Ventures's recorded portfolio.

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