Supernode Ventures

Supernode Ventures

Supernode Ventures was established in 2017 by Laurel Touby, a former business journalist who built and sold mediabistro.com before transitioning into angel investing. Touby formed the firm's inaugural fund with former Eniac Ventures investor Jenny Friedman, who later departed to co-found Four Acres Capital. Fund I operated as a sector-agnostic vehicle, deploying capital across pre-seed and seed rounds in technology companies. The founding thesis drew directly from Touby's experience as an exited founder — applying operational pattern recognition rather than financial-engineering frameworks to early-stage selection. Fund I's portfolio spans FinTech, HealthTech, B2B enterprise software, e-commerce, supply chain and PropTech. Confirmed positions include customer engagement platform Braze, which went public in 2021; hospitality ordering system Bbot, acquired in a $100 million exit; Latin American credit fintech Covalto; AI medical scribe DeepScribe; global payroll manager Ontop; and metabolic health platform Levels Health. The firm also backed cross-border logistics provider Passport, real estate data platform True Footage, proptech startup Habi across Latin America, and AI-operationalization engine Wallaroo. The geographic footprint runs from US-headquartered companies to operators in Mexico, Colombia and broader Latin America. The firm's scale sits at the sub-institutional end of the venture spectrum — Fund I included over 50 companies and was managed by Touby alongside Friedman, who has since launched her own venture vehicle. No Fund II or subsequent vehicle has been publicly disclosed as of mid-2026. The firm operates out of New York, with Touby maintaining an active media-industry network through her Tech Media Dinner & Discussion series, a recurring gathering that functions as a sourcing edge rather than a marketing channel. Supernode's structure is distinctive because it straddles two eras — Touby's pre-2017 personal angel portfolio under the Flatiron Investors brand generated multiple venture-scale outcomes before the formal fund launch, creating a performance record that Fund I inherits without the vintage-year constraints of a traditional debut vehicle. That architecture — an informal track record converted into an institutional fund, run by a founder-turned-investor with deep editorial and technology networks — makes Supernode read less like a first-time fund and more like an extension of a concentrated angel practice with limited-partner capital.