2026 Mid-Year Review
A portfolio inmotion.
As AI rewrites how value gets created, we are doing what we have always done — backing bold founders, staying close, and helping our companies compound through the shift.
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By the numbers
2026 in numbers
67
Portfolio Companies
across all funds
$4.1B+
Enterprise Value
combined portfolio
$675M+
ARR
across portfolio companies
4,100+
Jobs Created
by our companies
Market Perspective
Navigating the AI Reset
Software is not disappearing but the rules of the game are changing. AI is resetting how value is created and captured, compressing multiples and raising the bar for every company. Here is how we are thinking about it.
New for 2026
Investing in New Technologies
We had the opportunity to invest in two new portfolio companies so far in 2026. Meet the teams building the innovative technology we are helping move forward.
Argon builds AI-powered humanoid robots and robotic arms for precision manufacturing. Its Argon One humanoid and SCARA arm use interchangeable tool heads for laser cutting, milling, and pick-and-place across electronics, pharma, and consumer goods.
Ingenuity Trading is an AI-native trade execution platform. Through a simple natural-language interface, traders get real-time market insights and adaptive execution algorithms that flex to their strategy across every asset class and geography.
Portfolio Spotlight
Building Innovative Companies
We are excited to highlight several Moneta portfolio companies continuing to build momentum across fundraising, commercial growth, and market validation.
Growth
App Orchid
More than 95% of enterprise AI pilots die before production. App Orchid is the context layer that gets them across the line, powering large enterprises including Fidelity, CBRE, and American Water.
AO’s patented Managed Semantic Object platform curates deep knowledge graphs across 250+ enterprise data sources, giving LLMs and agents the context they need to be accurate. Benchmarked at 98% accuracy, the platform also delivers enterprise-scale security, identity propagation, full auditability, and sovereignty — solving the biggest problems in enterprise AI today. App Orchid is open and multimodal, keeping enterprises independent of any single LLM, with an architecture that minimizes token usage to cut latency and cost. Its compatibility with agentic protocols enables adoption across diverse use cases. A context layer wider than the warehouse, deeper than semantics. Raising Series B in H1 2027.
Funding
Sibros
A cloud-native connected-vehicle platform that gives automotive OEMs a single system for over-the-air software updates, real-time data logging, remote diagnostics, and vehicle commands. Sibros serves OEMs building cars, buses, trucks, and construction equipment, with customers including Ford, Blue Bird, Aston Martin, Ceer Automotive, Mahindra, and Bajaj across 30 active programs globally. The platform extends into AI-powered engineering tools (EngPath), predictive fleet uptime (FleetActions), a vehicle app Marketplace, and a pre-integrated bundled hardware-software-eSIM solution. Currently raising a growth round.
Commercial
Worlds
Worlds continued to experience strong commercial momentum in the first half of the year, headlined by closing the largest contract in company history – a landmark $1.3 million agreement with FedEx. Alongside this milestone, the company expanded its footprint with Cummins, further solidifying its industrial AI positioning. Following a strong funding round led by Moneta, Worlds is aggressively scaling its real-world AI platform, driving substantial operational efficiency and spatial intelligence for market-leading enterprise and logistics partners globally.
Funding
Humanly
Humanly hit a defining growth milestone with the close of an oversubscribed $25 million Series B round, accelerating development of its AI-native talent intelligence and recruiting platform. The company continues to expand its capabilities as it scales toward market leadership in enterprise hiring and candidate engagement.
Expansion
Kora
Kora Power is preparing to bring to market a grid-tied 4-in-1 home energy system: a smart electrical panel, hybrid inverter, modular “Powerblock” batteries, and an energy trading platform in a single stack. With manufacturing and software development scaling well, the first production units are expected to ship to consumers in the second half of 2026.
Funding
Plutus
Late last year, Plutus closed a $4 million Seed round co-led by Moneta Ventures and ServiceNow Ventures. Since then, the company has continued to win customers among blue-chip enterprises across the insurance ecosystem. Its enterprise transformation platform pairs implementation services with autonomous digital workers to modernize legacy insurance workflows, helping carriers and brokers improve operational decision-making, reduce workflow friction, and capture efficiency gains.
Recognition
PeakMetrics
PeakMetrics was featured in a recent Gartner report recognizing its work in narrative intelligence and risk mitigation. Alongside that recognition, the company added several notable enterprise customers, including Starbucks and DoorDash. The platform helps organizations identify, track, and counter emerging informational threats in real time, and continues to build its position as a trust and safety partner to large enterprises.
Product
Reelables
Reelables has entered a period of rapid operational scaling, recording over 200% growth while targeting production capacity of 100 million labels annually. The company recently launched Anywhere, a printable active smart label that enables infrastructure-free, real-time cargo tracking across cellular and Bluetooth networks at a fraction of traditional costs. Reelables also introduced a Smart Label Indoor Tracking solution that delivers 10-centimeter location accuracy for warehouse operations, reducing the need for manual scanning and data entry.
Growth
Azimuth AI
Azimuth AI is raising a new financing round at a valuation well above its prior round. The interest follows the unveiling of its first-generation AI edge chip, the ARKA-GKT1. With new capital in progress, Azimuth is working toward production readiness and broader deployment of its software-defined silicon across the smart utility, energy, and industrial sectors.
In the Community
Serving the Ecosystem
A look at where the Moneta team showed up for founders, investors, and the broader innovation community in the first half of 2026.
March 2026 – Austin
All over SXSW 2026
15+ events across the weekend! Aasim Hasan on Pitch Roast Live before 200+, Arjun Hegde in the Baker Botts Reverse Pitch, Brent Kelton at the Emerging Manager dinner, and the team at Capital Factory & Secret Salon.
June 2026 – Sacramento
American Cancer Society Fundraiser Event
Moneta was the platinum sponsor of the American Cancer Society Fundraiser Event. The event brought together community, compassion, and commitment for one powerful evening focused on a single goal: ending cancer as we know it, for everyone.
April 2026 – Austin
We hosted the SBA at our Austin office
We welcomed U.S. Small Business Administration Administrator Kelly Loeffler for an SBIC roundtable with fund managers and banking partners, a conversation on strengthening access to capital for high-growth small businesses.
May 2026 – Sacramento
Presenting Sponsor GSEC 10th Annual
At the Crocker Art Museum before 400+ regional leaders, Lokesh Sikaria reflected on a decade in Sacramento: ~$135M deployed, $593M of follow-on capital attracted, and 8,000+ jobs supported.
Also in the community this half
Venture Capital 101 at Texas A&M Brent Kelton guest-lectured the Mays Finance 430 class.
VCIC Regional Final Arjun Hegde judged at the McCombs School of Business.
VixulCon Aasim Hasan participated in the panel “Investment in the Era of AI-accelerated Agencies.”
Micro Journeys Podcast Lokesh Sikaria spoke on what makes a startup investable.
Energy CEO Summit Brent Kelton connected with energy-sector leaders.
Rice Alliance Energy Venture Day Arjun Hegde on the clean-tech pitch circuit.
SBIA Western Capital Summit Brent Kelton with lower-middle-market investors.
NVCA Leadership Awards Ashu Bhalla at the industry annual celebration.
TechCon Global Aasim Hasan spoke on the panel, “From Risk to Resilience” at TechCon Southwest. Eli Wolfson was an active attendee at TechCon SoCal.
SBJ Power 100 The Sacramento Business Journal recognized Lokesh Sikaria as one of the 100 Most Powerful People in Sacramento Business for 2026.
TIDE SPARK Aasim Hasan moderated the panel, “AI, Blockchain & the Future of Capital Allocation” and Eli Wolfson spoke to the TIDE Future Leaders on Venture Capital Asset Class. Brent Kelton and Ashu Bhalla were in attendance among world-class investors and institutional limited partners.
NVCA Webinar Aasim Hasan spoke alongside Bessemer to the NVCA community on LLMs & AI best practices.
Founder Spotlight
Why founders choose Moneta
We invest early and stay close. Here is what the founders we back say about partnering with Moneta.
“
What sets Moneta apart is that they have built companies themselves, so when we hit a hard problem, they are not guessing at the answer — they have genuinely lived it. They show up as true partners, not just people who write checks and wait for updates.
Chirag Jindal
Co-Founder & CEO, Plutus
Kara Anderson
Co-Founder & COO, Plutus
“
Moneta backs founders who are building hard things. Precision robotics is a very hard thing. They are true operators, they see the full vision, and they show up at the moments that matter for your business. We are building an industry-defining business and Moneta is the perfect partner to do this with.
Zaib Husain
Co-Founder & Chair, Argon
Amir Husain
Co-Founder, Argon
“
A lot of venture investors say they are there to add value, but Moneta actually operates that way. They show up for the unglamorous, technical, in-the-weeds decisions and have made critical supply chain and investor introductions for us that fundamentally changed the business. That kind of roll up your sleeves partnership is rare, and it has made all the difference for our company, Kora. They are also extremely enjoyable to work with which matters a lot when you face the many challenges a business will face when scaling.
Greg Connolly
Founder & CEO, Kora
Inside Moneta
Moneta News
Celebrating the people behind the work, new promotions and the next generation of talent joining us this summer.
Promotions
Welcoming our 2026 Summer Interns
AM
Andrew McGuirk
MB
Miles Bates
ZC
Zain Cheema
AQ
Amy Qin
AK
Arjun Kanuga
AA
Aman Kumar Aggarwal