137 Ventures

Corporate card and spend management platform that helps businesses save money on expenses. Combines corporate cards with software for expense management, bill payments, accounting automation, and procurement. Known for its rapid growth, reaching $100M ARR in under 3 years.

Austin-based energy technology startup that manufactures, installs, owns, and operates residential battery storage systems to provide homes with affordable, reliable backup power. The company operates as both a licensed electricity provider and a virtual power plant, pooling thousands of home batteries into a distributed energy network that strengthens the grid.

Applied Intuition is a vehicle software supplier that builds simulation, validation, and development tools for autonomous driving and ADAS. The company serves 18 of the top 20 global automakers and has expanded from pure simulation into a full autonomy stack, incorporating generative AI capabilities for automotive, trucking, mining, agriculture, and defense industries.

Cloud-based payroll, benefits, and HR platform for small and medium businesses, serving over 400,000 companies. Originally launched as ZenPayroll in 2012 before rebranding to Gusto in 2015.

Open-source durable execution platform for building reliable distributed applications. Provides "virtual durable memory" that maintains application state across failures. Critical execution layer for AI agents in production, used by OpenAI, Anthropic, Netflix, JPMorgan Chase, Snap, Airbnb, and Stripe.

Kong is the company behind the most widely adopted open-source API gateway and service connectivity platform. Originally founded as Mashape (an API marketplace), the company pivoted to focus on its open-source Kong Gateway and rebranded in 2017. Kong Konnect enables enterprises to manage, secure, and observe APIs across hybrid and multi-cloud environments.