LAAI / data · SAFE note · USA · direct investment · first invested Mar 2021
Lava.ai
ActiveInvested$25.0kat cost · 1 ticket
Current mark$31.9kworkbook · 8 Sep 2025
MOIC1.27xon paper
Ownership0.0%implied by the workbook mark
Next round—none recorded
IRR5.5%workbook, per ticket dates
Thesis vs. reality · what we underwrote at entry, measured against now
What must be trueEach claim is what the company said would be true, checked against the filed accounts and later updates. A claim with no second source stays on watch.
Entry memo on fileInvestment Memo - Lava.ai.docx · Oct 2021. Its claims have not been extracted, so nothing is tracked against it yet. Not tracked
Latest founder update
No founder update for Lava.ai is in the data room.
Watch & flags
What to keep an eye on
ClearNo open data issues for this holding.
Our position
PositionIncubayt's tickets and marks come from the IRR workbook; the legal entity from the company's cap table or registers.
InstrumentsSAFE note $25.0k (Mar 2021)
Company valuation$76.50mm · workbook
BoardNot recorded
Legal entityNot recorded