In 2025, Moneta Ventures
had a breakout year.
We expanded our team, grew our regional footprint, closed our third fund and strengthened our entire platform to support founders like never before. Our portfolio launched new products, entered new markets, raised follow-on rounds, and achieved serious growth. There were AI breakthroughs, national press, patent wins, clinical approvals, international expansion, and multiple companies doubling — or tripling — year over year.
We doubled down on support: more founder events, more hands-on resources, more customer introductions, and more capital at work. We strengthened our LP community, expanded partnerships across the region, and continued investing in high-conviction founders building category-defining companies.
We look forward to building on our successes in 2026.
2025 in numbers
In 2025, we focused on
Investing in new technologies
We had the opportunity to invest in nine new portfolio companies in 2025. Read about them to learn about the innovating tech we are helping move forward.
Building
innovative companies.
This year, our portfolio companies have been raising the bar across all facets including fundraising and business expansion, increasing value across our portfolio.
App Orchid had a strong 2025, marked by meaningful product innovation and growing enterprise momentum. The team launched a new Conversational Analytics Agent built on its semantic knowledge graph, enabling business users to query complex data in natural language with industry-leading accuracy and explainability. App Orchid also deepened its collaboration with Google Cloud, expanding AI-powered insights through the Cortex Framework, while continuing to set benchmarks in text-to-SQL accuracy—further solidifying its position as a trusted platform for enterprise decision intelligence.
Sibros continued to advance the software-defined vehicle (SDV) ecosystem in 2025 with meaningful expansions in customer deployments and industry reach. The company unveiled the Sibros Marketplace, offering 50+ connected vehicle applications that help automakers and fleet operators rapidly turn vehicle data into actionable insights and services, from battery health and predictive maintenance to compliance and next-gen digital experiences. Sibros also struck strategic partnerships reinforcing its leadership in connected vehicle software and data management.
The Silicon Partners (TSP) had a standout 2025, expanding both its market impact and solution innovation within the SAP ecosystem. TSP was recognized with the SAP North America Partner Excellence Award in the Emerging Indirect Partner category and took first place at SAP Connect 2025 for its AI-powered TSP Data Collection solution that automates and accelerates enterprise HR processes, underscoring its leadership in intelligent automation and SAP-driven transformation. The company also broadened its scale and capabilities by welcoming Ameri100 into the TSP family, forming one of the most capable pure-play SAP consultancies with expanded delivery capacity across key regions — reinforcing its mission to help enterprises modernize operations and accelerate digital value with SAP, AI and automation.
Azimuth AI closed out 2025 on a high note with major technical and strategic milestones that reinforce its leadership in custom edge-AI silicon. In November 2025, the team officially unveiled their first-generation intelligent AI chip, the ARKA-GKT1 System-on-Chip, at a launch event in New Delhi attended by India’s Union Minister — a public endorsement that highlights both national and industry significance. Building on that momentum, Azimuth accelerated production readiness and global deployment of its software-defined silicon for smart utilities, energy, and industrial edge applications, positioning the company for continued growth and impact in 2026.
Flo Recruit had a milestone year in 2025, accelerating momentum in modernizing legal talent acquisition with both product traction and investor confidence. The company secured additional growth capital to expand its legal recruiting ecosystem and deepen solutions for law schools and law firms across hiring stages. Flo’s connected platform continued to gain strong adoption, powering interview cycles for over 125 law firms—including nearly 70 % of the AmLaw 100—and supporting tens of thousands of law students with tools that bring transparency and efficiency to an evolving recruitment landscape.
PayForward continued to build momentum in 2025 by expanding its all-in-one financial platform that helps health plans and enterprises deliver benefits and rewards with greater efficiency and engagement. The company’s proprietary tech stack, regulatory agility, and customizable Flex Card solution helped partners streamline benefit delivery, boost member outcomes, and uncover new revenue paths, serving millions of members and processing billions in transactions across active programs nationwide. With its focus on simplifying complex benefits administration and turning data into actionable insights, PayForward is strengthening its position as a key partner to health plans and enterprise sponsors seeking to modernize benefits infrastructure and drive measurable impact.
Serving
the ecosystem.
The Moneta team engaged with the broader startup and investment community this year through events, panels, conferences, and other initiatives that support innovation and collaboration.
March
SXSW
We thoroughly enjoyed our time at SXSW this year, and had the opportunity to moderate two panels.
“The AI Arms Race” moderated by Managing Partner, Aasim Hasan, and featured a prestigious lineup of Texas-based allocators including Mark Shoberg with Capital Creek Partners, Neil Randall with Teacher Retirement System of Texas, Yup S. Kim with Texas Municipal Retirement System (TMRS) and Layne Johnson with Screendoor. Discussion of institutional LPs’ take on the current AI landscape, recent valuation trends, and more. View the full panel here.
“Made in Texas – but is it Funded by Texas?” George P. Bush & Partner Brent Kelton discussed state, city, and municipal pensions and endowments in the state of Texas. View the full recording here.
April
TIDE Barcelona
Moneta Partner & Texas Leader, Brent Kelton, had the opportunity to speak at The Investment and Diversity Exchange’s (TIDE) Barcelona Conference in April on the topic of AI in Venture Capital. We are proud to support TIDE’s mission of advancing and championing diversity in the investment industry.
June
SBIR/STTR Innovation Conference
In June, Moneta Managing Partner, Aasim Hasan, had the opportunity to moderate a panel at the U.S. Small Business Administration’s SBIR/STTR Innovation Conference. Alongside institutional allocators from In-Q-Tel and the Global Health Investment Corporation, he discussed the challenges that emerging tech companies face in becoming investable.
June
Austinpreneur
Moneta Ventures participated in Austinpreneur, a podcast produced by Austin-based incubator Capital Factory. In this episode, Moneta Managing Partner, Aasim Hasan, shares his take on how AI is reshaping startups and society, and what it means for investors betting on the future.
You can listen to the full episode here.
July
C-Suite Award
This year, Moneta CFO, Denise Ferre, was recognized as one of the Sacramento Business Journal’s C-Suite Award honorees, a distinction that highlights leaders who bring their organizations’ visions to life. The award celebrates executives across the C-Suite who ensure their companies run smoothly, and Denise’s impact and leadership at Moneta made her a standout among this year’s 22 honorees.
July
TIDE Spark
Managing Partner, Aasim Hasan, had the privilege to moderate an insightful panel at TIDE Spark 2026, “Signal VS. Noise: Allocator Perspectives on the State of Venture Capital.”
The discussion explored how investors’ approaches to venture capital has changed over time and the strategic role venture capital plays within broader long-term portfolio goals.
September
All-In Moneta Investment Committee Meeting
Our entire Moneta Ventures Investment Team came together in Austin, TX. We welcomed our Folsom, CA teammates for a week of collaboration, fresh ideas, and plenty of fun.
September
Texas Founder Happy Hour
During our All-In Moneta Investment Committee Week we had the chance to host a local portfolio company founder happy hour. We loved spending time together and connecting. The evening was generously sponsored by the CIBC team!
September
Pitch Elk Grove Competition
Moneta Partner, Ashu Bhalla, served as a judge at the Pitch Elk Grove competition, bringing his expertise and insight to the evaluation of early-stage startups from the Sacramento region. His participation underscores our firm’s commitment to supporting entrepreneurship and innovation in the community.
October
CleanStart Startup Challenge
Moneta Partner, Jeff Olyniec, participated as a judge in the CleanStart September Startup Challenge, contributing his time and insight to evaluate emerging companies and entrepreneurial ideas. By doing so, he represented our organization’s commitment to supporting the next generation of innovators and building a healthy startup ecosystem.
October
Texas Venture Fest
We had a fantastic time sponsoring Texas Venture Fest Austin 2025! It was great seeing so many founders, investors, and ecosystem partners come together to celebrate innovation across Texas.
October
Emerging VCs: Selection Through Mindset
Aasim Hasan, Moneta Managing Partner, had the opportunity to speak on a panel lead by Aram Attar with The VC Factory where he presented his new report “Emerging VCs: Selection Through Mindset” to a select group of LPs and GPs. The panel also consisted of Michele Skelding, Chair at Tiger21 and Samir Karoum, Founder & Managing Partner at Bombeii Ventures. Aasim was able to give perspective and to share Moneta’s journey from Fund I to Fund III.
October
Austin Tech Week
We were thrilled to participate in two sessions at Austin Tech Week.
Brent Kelton, Partner & Texas Leader at Moneta Ventures, spoke on a panel with Nicole Glaros (Matchstick Ventures), lead by Aram Attar (The VC Factory), where they pulled back the curtain on how VC firms raise capital, what that means for founders, and the realities of running a fund.
Arjun Hegde, Analyst at Moneta Ventures, gave a reverse pitch to founders. Helping entrepreneurs better understand each fund’s focus, value-add, and approach from pre-seed through Series B.
November
Sacramento Inno Awards
Moneta Ventures was the “visionary sponsor” of the Sacramento Inno Awards which recognized the leaders and companies driving innovation in the Sacramento region.
December
Texas Venture Group at The University of Texas at Austin
Managing Partner, Aasim Hasan, judged the final presentations for Texas Venture Group’s analyst program. Each semester, 10 analysts spend 10 weeks learning VC fundamentals and then wrap with a capstone project where they pitch a startup they source themselves and believe to be venture scale.
December
Moneta Ventures Founder Holiday Party
We closed out 2025 the best way we know how – bringing together our community. Our annual holiday party was a great opportunity to celebrate alongside local portfolio company founders and executives, as well as our broader ecosystem. Take a look here.
Moneta news.
In 2025, we welcomed a new Associate, a new Analyst, and a new Executive Assistant to the Moneta team.
Nishant Banka
Prior to joining Moneta, Nishant held positions at TSP – The Silicon Partners, an IT Services firm (a Moneta portfolio company), and Oracle Cerner, a Healthcare IT company.
Nishant completed his MBA in Finance at Narsee Monjee Institute of Management Studies, and graduated from Manipal Institute of Technology in Computer Science.
Arjun Hegde
Arjun completed his Bachelor of Science in Computer Science with a minor in Business from The University of Texas at Austin, and more recently his Master of Engineering in Computer Science from Cornell University’s NYC graduate campus (Cornell Tech).
Meghan Smith
Meghan brings over six years of experience supporting senior executives and managing operations. Her background includes executive scheduling, travel coordination, event planning, and team leadership, along with cross-functional collaboration in HR, finance, legal and IT.
Venture Fellows & Interns
Lauren Best
Venture Fellow 2025
Andrew McGuirk
Venture Fellow 2026