We build the layer
between a model and a job

Veltrix started in 2022 after watching three companies fail at the same task: getting an agent past the demo. The model was never the problem. The runtime was.

Our thesis

Every serious AI deployment eventually rebuilds the same six things: durable execution, tool permissions, memory, evaluation, observability and cost control. Each team builds them badly, once, under deadline. We build them once, properly, for everyone.

That means we are deliberately not a model company and not a framework. We are the runtime underneath — the part that decides whether an agent is allowed to issue a refund, what happens when a tool times out, and how you prove to an auditor what occurred at 12:04 p.m. on a Tuesday.

We sell to operators with a number to move, not to teams collecting demos. If a use case cannot be measured, we will say so and walk away.

2022
Founded in San Francisco
142
Employees across 9 states
$48M
Series B, led by Harborline Ventures
240+
Customers in production
Milestones

Four years, one direction

  • 2022 · Q1

    Founded by Elena Marsh and Rajiv Menon after building internal agent tooling at Stripe and Databricks.

  • 2022 · Q4

    $6M seed from Kestrel Capital. First design partner ships a refund agent handling 20,000 cases a month.

  • 2023 · Q3

    Runtime v1 with durable checkpoints and policy-as-code. SOC 2 Type I.

  • 2024 · Q2

    $18M Series A. Eval harness and approval queues ship; first healthcare customer in a dedicated VPC.

  • 2025 · Q4

    ISO 27001 and HIPAA. 100th customer. EU region in private preview.

  • 2026 · Q3

    $48M Series B led by Harborline Ventures. EU region GA and on-prem availability.

Leadership

People who have run this at scale

Between them, the team has operated systems handling more than a billion requests a day and passed a few hundred security reviews.

EM

Elena Marsh

Co-founder & CEO

Formerly led payments infrastructure at Stripe; earlier AWS. Stanford CS.

RM

Rajiv Menon

Co-founder & CTO

Built query engines at Databricks. Distributed systems PhD, Berkeley.

PS

Priya Shah

VP Engineering

Scaled platform teams at Twilio; shipped multi-region control planes.

MB

Marcus Bell

VP Security & Trust

Former NSA defensive operations; led FedRAMP programs at two SaaS vendors.

HC

Hannah Cole

VP Go-to-Market

Built enterprise sales at Retool and Segment through the $100M ARR mark.

DO

David Osei

Head of Research

Evaluation and alignment research; previously at Anthropic and DeepMind.

Investors

Backed by operators, not tourists

Our investors have run infrastructure at the scale we are building for.

Harborline Ventures

Lead investor, Series B. Enterprise infrastructure focus.

Kestrel Capital

Seed and Series A. Early backer of developer-first platforms.

Northgate Partners

Series B participant. Growth-stage operator network.

Values

How we work

  • Measure or do not ship. Every launch has a number and a baseline.
  • Boring where it counts. Novel models, conventional infrastructure.
  • Write it down. Decisions live in documents, not in someone's head.
  • Respect the on-call. If it pages a human weekly, it is not done.
Offices

Where we are

San Francisco, CA535 Mission St, 14th Floor
Austin, TX600 Congress Ave, Suite 2100
New York, NYSmall sales office, 2025

Remote-first across the United States and Canada; we hire where we can support the timezone.

Building something that has to work?

We are hiring engineers and researchers who prefer production to prototypes.