# Cortado Ventures: portfolio, investments and team

> Cortado Ventures is a vc firm based in United States. 36 investments on record, 8 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/cortado-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Cortado Ventures

Last cheque observed Sep 2026; 36 cheques on record.

Email

Deploying now New fund $10M, Sept 2023 VC firm

Pre-seed Seed Series A Connected Health Small And Medium Businesses Health

Follow Cortado Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcortado-ventures)

Deploying now

**67%** of best year **8** **cheques in 12 months**, 36 on record

Since the last cheque **61** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$100K – $750K** Rounds led **0 of 36** Sole investor **12 rounds** Mostly in **United States, 94%**

Pitch Cortado Ventures

## Cortado Ventures highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Venture and Seed: 77% of its rounds
- 03 Sole investor in 12 rounds, median $1.0M

## What they do

> We invest and get involved early, bringing together experienced technical founders and industry giants with the footprint to drive significant change in their sectors. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $750K as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Connected Health Small And Medium Businesses Health
- **Based in:** Oklahoma City, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **36 appearances**

- **2026** 4 rounds
- **Sept** **[Lumata Health](https://millionrounds.com/company/lumata-health)** Venture · US **$23M** With 1 other
- **Jul** **[Exum Instruments](https://millionrounds.com/company/exum-instruments)** Venture · US **$3.4M** With 1 other
- **May** **[Boddle](https://millionrounds.com/company/boddle)** Venture · US **$1.3M** With 2 others
- **Jan** **[Agile Space Industries](https://millionrounds.com/company/agile-space-industries)** Series A · US **$17M** With 2 others
- **2025** 12 rounds
- **Dec** **[Bastazo](https://millionrounds.com/company/bastazo)** Grant · US **$1.1M** With 1 other
- **Dec** **[Tobe Energy](https://millionrounds.com/company/tobe-energy)** Venture · US **$150K** With 1 other
- **Dec** **[Glycologix](https://millionrounds.com/company/glycologix)** Venture · US **$800K** Sole investor
- **Dec** **[Sober Sidekick](https://millionrounds.com/company/sober-sidekick)** Venture · US **$7.6M** With 2 others
- **Oct** **[Moat Biotechnology](https://millionrounds.com/company/moat-biotechnology)** Venture · US **$26K** Sole investor
- **Aug** **[CorriXR Therapeutics](https://millionrounds.com/company/corrixr-therapeutics)** Series A · US **$1.0M** Sole investor
- **Aug** **[Cadenza Bio](https://millionrounds.com/company/cadenza-bio)** Debt · US **$2.4M** Sole investor
- **Jul** **[ArborXR](https://millionrounds.com/company/arborxr)** Venture · US **$1.2M** With 1 other
- **Apr** **[Exum Instruments](https://millionrounds.com/company/exum-instruments)** Venture · US **$1.1M** With 2 others
- **Mar** **[Lumata Health](https://millionrounds.com/company/lumata-health)** Series B · US **$23M** With 1 other
- **Mar** **[Equipt](https://millionrounds.com/company/equipt)** Seed · US **$3.2M** With 1 other
- **Jan** **[Pipedream Labs](https://millionrounds.com/company/pipedream-labs)** Venture · US **Undisclosed** With 3 others
- **2024** 3 rounds
- **Apr** **[Volt](https://millionrounds.com/company/volt)** Seed · GB **$3.0M** With 3 others
- **Apr** **[Pipedream Labs](https://millionrounds.com/company/pipedream-labs)** Venture · US **$13M** With 3 others
- **Feb** **[nSight Surgical](https://millionrounds.com/company/nsight-surgical)** Venture · US **Undisclosed** Sole investor
- **2023** 7 rounds
- **Nov** **[Wilder Systems](https://millionrounds.com/company/wilder-systems)** Seed · US **$7.5M** With 1 other
- **Oct** **[Senslytics](https://millionrounds.com/company/senslytics)** Seed · US **$1.4M** Sole investor
- **Aug** **[PatchRx](https://millionrounds.com/company/patchrx)** Series A · US **$8.0M** With 2 others
- **Apr** **[Recuro Health](https://millionrounds.com/company/recuro-health)** Series B · US **$47M** With 2 others
- **Mar** **[Mate Fertility](https://millionrounds.com/company/mate-fertility)** Series A · US **$5.2M** With 2 others
- **Mar** **[MooveAI](https://millionrounds.com/company/mooveai)** Seed · US **$3.3M** With 3 others
- **Jan** **[AI Driller](https://millionrounds.com/company/ai-driller)** Venture · US **Undisclosed** Sole investor
- **2022** 6 rounds
- **Dec** **[Watkins-Conti Products](https://millionrounds.com/company/watkins-conti-products)** Venture · US **Undisclosed** Sole investor
- **Aug** **[oPRO.ai](https://millionrounds.com/company/opro-ai)** Seed · US **$1.2M** Sole investor
- **Jul** **[Array](https://millionrounds.com/company/array)** Venture · US **Undisclosed** With 2 others
- **Jun** **[FanSub](https://millionrounds.com/company/fansub)** Pre-seed · US **$2.0M** Sole investor
- **Apr** **[Relativity6](https://millionrounds.com/company/relativity6)** Seed · US **$5.3M** With 3 others
- **Mar** **[Mito Material Solutions](https://millionrounds.com/company/mito-material-solutions)** Seed · US **$4.6M** With 4 others
- **2021** 3 rounds
- **Dec** **[AI Driller](https://millionrounds.com/company/ai-driller)** Seed · US **$500K** Sole investor
- **Oct** **[Sensulin](https://millionrounds.com/company/sensulin)** Venture · US **Undisclosed** With 2 others
- **Mar** **[PrivacyBrain](https://millionrounds.com/company/privacybrain)** Seed **$750K** Sole investor
- **2014** 1 round
- **Apr** **[flux - neutrinity](https://millionrounds.com/company/flux-neutrinity)** Seed · DE **$83K** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

DO **David O. Woods** Partner i Filing they signed

MR **Michael Reed Moradi-Araghi** Manager of the Issuer's Manager i Filing they signed

NR **Nathaniel Reed Harding** Manager of the Issuer's Manager i Filing they signed

We also hold **14** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

Elegant Themes Kellylyons

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$10M**

raised in Sept 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque Alone, median **$1.0M**

Led 0 of 36 rounds **0%**

- **Said size:** $100K – $750K
- **Sole investor:** 12 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Venture *16*
- Seed said *11*
- Series A said *4*
- Series B *2*
- Pre-seed said *1*
- Debt *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Techstars](https://millionrounds.com/fund/techstars) 4
- [MassChallenge](https://millionrounds.com/fund/masschallenge) 3
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 3
- [Advantage Capital](https://millionrounds.com/fund/advantage-capital) 2
- [LRVHealth](https://millionrounds.com/fund/lrvhealth) 2
- [Mercury Fund](https://millionrounds.com/fund/mercury-fund) 2

**Pitching Cortado Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Cortado Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**MassChallenge** Accelerator **3** rounds together](https://millionrounds.com/fund/masschallenge)[**National Science Foundation** Government **3** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Advantage Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/advantage-capital)[**LRVHealth** VC firm **2** rounds together](https://millionrounds.com/fund/lrvhealth)[**Mercury Fund** VC firm **2** rounds together](https://millionrounds.com/fund/mercury-fund)[**Spacecadet** VC firm **2** rounds together](https://millionrounds.com/fund/spacecadet)

## Recently backed

The latest companies Cortado Ventures put money into.

[**Lumata Health** $23M · Sept 2026](https://millionrounds.com/company/lumata-health)[**Exum Instruments** $3.4M · Jul 2026](https://millionrounds.com/company/exum-instruments)[**Boddle** $1.3M · May 2026](https://millionrounds.com/company/boddle)[**Agile Space Industries** $17M · Jan 2026](https://millionrounds.com/company/agile-space-industries)[**Bastazo** $1.1M · Dec 2025](https://millionrounds.com/company/bastazo)[**Tobe Energy** $150K · Dec 2025](https://millionrounds.com/company/tobe-energy)

## Quick answers about Cortado Ventures

### What does Cortado Ventures invest in?

Cortado Ventures invests most often at Venture and Seed (77% of the rounds on record), in sectors such as Connected Health, Small And Medium Businesses and Health.

### How active is Cortado Ventures?

36 investments on record, 8 of them in the last 12 months. The most recent was in Sept 2026.

### What has Cortado Ventures invested in recently?

Its most recent investments on record: Lumata Health (Venture, Sept 2026), Exum Instruments (Venture, Jul 2026) and Boddle (Venture, May 2026).

### How big are Cortado Ventures's cheques?

The median round it joins is $3.0M. It says it writes cheques of $100K to $750K.

### Does Cortado Ventures lead rounds?

Rarely, if at all: none of its 36 investments on record names it as the lead.

### Where does Cortado Ventures invest?

Most of the companies it backs are in the United States (94%).

### Is Cortado Ventures investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Cortado Ventures invest alongside?

Most often Techstars (4 rounds together), MassChallenge (3 rounds together) and National Science Foundation (3 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=cortado-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=cortado-ventures)