Encoded Ventures: Pioneering Infrastructure Software for the AI Age
Encoded Ventures, a new name in the venture capital arena, officially launched today, led by the well-known investment expert, Alex Benik. With over two decades of extensive experience in the investment landscape, Benik is set to reshape the focus on early-stage infrastructure software innovation as we enter the AI era.
Having previously dedicated 22 years to Battery Ventures, a prominent technology-driven investment firm, Benik has cultivated a rich understanding of infrastructure and security. His investment portfolio includes significant names such as Habana Labs and Cumulus Networks. Under Encoded Ventures, he aims to channel this expertise into fostering the next generation of infrastructure companies targeting early-stage businesses, specifically in three crucial areas: cloud infrastructure, data and AI infrastructure, and cybersecurity.
Renowned in the industry, the launch of Encoded is seen as a continuation of Benik's unwavering support for technical founders. "Having known Alex for more than 20 years, I've witnessed his dedication to aiding early-stage businesses. Encoded is a fitting representation of his passion for innovation," said Scott Tobin from Battery Ventures.
Encoded Ventures distinguishes itself from other capital firms by merging deep technical know-how with robust business insights, cultivated from Benik's background in enterprise software. Since its inception in 2024, Encoded has invested in ten early-stage startups, including notable companies like ConfigHub and Tenzai, and has established a strong foothold in Israel, where half of its investments have been made.
"Alex recognized the potential in Atero at its nascent stage. His advice and connections in the industry were invaluable to us. With Atero's acquisition by Crusoe, there's a keen interest in seeing Encoded's portfolio flourish on our platform," expressed Alon Yariv of Atero AI.
In alignment with the rapidly evolving landscape of modern infrastructure, Benik emphasizes the importance of early-stage support for founders to transition their ideas into products and achieve market traction. "Investing from the early stages of a company’s lifecycle—often even pre-product—allows us to nurture the next wave of innovators who will lay the groundwork for sustained growth in the infrastructure domain," Benik stated.
He further elaborated on the commitment of Encoded Ventures to engage deeply with technical founders right from their inception. A hands-on, thesis-driven investment strategy allows Encoded to not only support these companies with funds but also with guidance and industry insights essential for their scaling processes.
As the emphasis on infrastructure and enterprise software reaches new heights with the rise of artificial intelligence, Encoded Ventures stands poised to make significant contributions. Its mission aligns perfectly with the global shift towards innovative solutions that underlie cloud services, cybersecurity frameworks, and overall data handling operations.
In conclusion, the journey of Encoded Ventures marks a promising chapter in the investment landscape, advocating for the technical founders who dare to turn their innovative ideas into reality. With a strong backing from Alex Benik, the firm aims to significantly impact the infrastructure innovations in an increasingly digital world.
For more information about Encoded Ventures and its investment philosophy, visit
encoded.vc.