ProRata.ai is Pro creator, Pro publisher, Pro consumer, and Pro generative Ai. We are creating alignment between all parties.. I am honored to be working with Navin Chaddha (below) and the whole team at the Mayfield Fund. Their motto is "People First," and that is an understatement. Every interaction with Mayfield has been amazing, and we're so excited to make a powerful impact on fairness in generative Ai alongside their great team. Between their expertise and our awesome technical and business team, we really hope to make a positive difference to generative AI, which is one of the most incredible innovations I have seen in my lifetime. Check us out at www.ProRata.ai or read more about us in Wired here: https://lnkd.in/gqnbwkqH
Mayfield Fund
Venture Capital and Private Equity Principals
A global venture capital firm with a 50+ year history of investing in relationships from inception to iconic.
About us
Mayfield is an early-stage venture capital firm with a people-first philosophy and $3 billion under management. The firm has a proven track record of partnering with founders starting at the inception stage to help build iconic enterprise, AI-first, deeptech and human and planetary health companies. Mayfield has invested in more than 550 companies, resulting in 120 IPOs and more than 225 acquisitions. Some recent notable investments include HashiCorp, Lyft, Poshmark, Mammoth Biosciences, Marketo/Adobe, NUVIA/Qualcomm, Outreach, Rancher/SUSE, SolarCity/Tesla and Volterra/F5.
- Website
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http://www.mayfield.com
External link for Mayfield Fund
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Type
- Privately Held
- Founded
- 1969
- Specialties
- venture capital, early-stage, entrepreneurs, enterprise, consumer, start up, fintech, health tech, and innovation
Locations
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Primary
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2484 Sand Hill Rd
Menlo Park, California, US
Employees at Mayfield Fund
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Mark Minevich
Global Technology Executive & AI Strategist | Chair Executive Advisor & Partner | ex-IBM ex-BCG | Fortune 500 & governments | Boards Foundations |…
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Ursheet P.
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Rehan Jalil
President & CEO, Securiti | Enabling Safe Use of Data & AI
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Gamiel Gran
Chief Commercial Officer, Mayfield | Empowering Entrepreneurs to Scale Successful Ventures | Accelerating Product-Market Fit and Early Customer…
Updates
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𝗠𝗮𝘆𝗳𝗶𝗲𝗹𝗱 𝗚𝗲𝗻𝗔𝗜 𝗺𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗥𝗮𝘁𝗮.𝗮𝗶 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 It’s been a busy week for Mayfield Fund with new #GenAI investments. Today, I am pleased to announce Mayfield leading a seed investment in ProRata.ai, a company that has invented GenAI attribution technology to compensate and credit content owners while facilitating fairness and fact. ProRata.ai is pro-author, pro-artist and pro-consumer. ProRata.ai investment demonstrates our continued focus as an inception-stage investor in Cognition-as-a-Service (CaaS) (https://lnkd.in/gV_CFYxN). ProRata.ai was incubated at Idealab and Bill Gross widely known as the inventor of pay-per-click keyword Internet advertising will serve as the company’s CEO. You can read more about this funding at: https://lnkd.in/gjkekd-b. ProRata.ai’s technology enables generative AI platforms - for the first time - to accurately attribute and share revenues on a per-use basis with content owners. The company’s attribution technology will protect and reward creators while preventing unreliable content from driving AI answers. ProRata.ai has gained early support from media companies and news publishers including the Financial Times, Universal Music Group, The Atlantic, Axel Springer and Fortune. Congrats to Bill Gross, Tarek Najm, Annelies Jansen, Jonas Lee, Michael Lang, Marcia Goldstein, and the entire ProRata.ai team. Looking forward to partnering with many more #GenAI founders in the #CaaS era and helping create history making companies! #GenAI #CaaS #Founders #VentureCapital #Fairness
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"Is anything growing in hype faster than AI Agents Technology?" - Mark O'Neill The AI Agent technology hype just became official with the release of the first edition of Gartner® Hype Cycle™ for AI in Software Engineering, 2024. Check out how the latest AI technologies will impact the enterprise in the inaugural Hype Cycle publication. https://lnkd.in/enZZFYCB #AIAgents #GenAI
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𝗦𝗲𝗿𝗶𝗮𝗹 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 𝘀𝘁𝗮𝗿𝘁 𝗔𝘂𝗿𝗮𝘀𝗰𝗮𝗽𝗲.𝗮𝗶 - 𝗚𝗲𝗻𝗔𝗜 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 As the GenAI era moves from early adopters to the broader market, cybersecurity is the #1 issue companies are trying to deal with. This has guided our investments in the GenAI cybersecurity space including Securiti and vijil. I’m delighted to announce Mayfield Fund leading an oversubscribed $12.8M seed investment in Aurascape AI (a spin out from our portfolio company Auradine). We are excited to partner with an exceptional team consisting of Rajiv K., Liang Li, Patrick Xu, Barun K., Viswesh Ananthakrishnan, and Sanjay Gupta that has consistently turned bold ideas into industry leading products that have generated over $10 billion in revenues. We are thrilled to have Mark McLaughlin, cybersecurity industry leader and Celesta Capital as our co-investors. Aurascape AI demonstrates our People-First, Market-Second philosophy and validates our thesis in Cognition-as-a-Service (CaaS) (https://lnkd.in/gV_CFYxN) and the Cognitive plumbing layer of the AI stack. Aurascape AI is a “born in the GenAI age” company that is reimagining cybersecurity for the generative AI era from the ground-up. With patent-pending innovations at the intersection of AI and security, they are uniquely positioned to tackle the significant challenges posed by generative AI and multimodal data. We believe their solutions will be transformative in strengthening GenAI security as enterprises embrace an AI-powered digital future. Looking forward to partnering with many more GenAI entrepreneurs to guide your inception-to-iconic journey. #cybersecurity #ai #genai #aisecurity
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DuploCloud's infrastructure provisioning and management platform allows SaaS providers to focus on innovating for their customers instead of navigating the challenges of implementing a multi-tenant infrastructure. Learn more about the company's strategic partnership with Amazon Web Services (AWS):
Chief Commercial Officer, Mayfield | Empowering Entrepreneurs to Scale Successful Ventures | Accelerating Product-Market Fit and Early Customer Adoption | Connecting CIOs, CTOs, and CXOs to Drive Corporate Innovation
This concept of 'Infrastructure as Code' is a game changer for the industry. The partnership here between AWS and DuploCloud makes this breakthrough a reality for software teams. As we have seen time and time again, strategic partnerships such as this will be crucial for realizing technology's full potential. #DigitalTransformation #Innovation #SoftwareDevelopment #SaaS
How the DuploCloud platform allows customers to build SaaS on AWS | Amazon Web Services
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In an interview with Sri Muppidi of Business Insider, Managing Partner Navin Chaddha shared his optimism about the future of #AI teammates and how they'll extend the capabilities of the humans working with them. Read more:
New: Multi-agent systems are the next hot thing in AI. They are distributed systems of specialized AI agents working together toward a collective goal. VCs are eager to invest in this latest technological development. Read more on why at Business Insider: https://lnkd.in/g22SFPx5 CC: Madison Faulkner (Hawkinson)at New Enterprise Associates (NEA), Ashu Garg at Foundation Capital, Navin Chaddha at Mayfield Fund, Warren Hui at Soul Ventures, Satya Nitta at Emergence, Ashpreet B. at phidata, Regie.ai, Cognition, Sakana AI, Hippocratic AI
Multi-agent systems are the next big thing in AI. Here's why VCs at NEA, Mayfield Fund, and Foundation Capital are excited.
businessinsider.com
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BigPanda Chief Innovation Officer Jason Walker recently joined the AI in Financial Services Podcast to share insights into harnessing #AI for financial services IT. Listen to the full episode:
AI in Financial Services Podcast: Looking at the Future of FinServ IT - with Jason Walker of BigPanda on Apple Podcasts
podcasts.apple.com
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Mayfield Fund reposted this
𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥: 𝐀 𝐓𝐚𝐥𝐞 𝐨𝐟 𝐓𝐰𝐨 𝐂𝐢𝐭𝐢𝐞𝐬 As the AI wave continues, the early-stage startup environment is a tale of two cities. Investment activity is booming, specifically within Generative AI, but exits remain hard to come by, and investors (limited partners) of VC funds are not seeing the realized returns they hoped for. LPs are looking for 𝐃𝐏𝐈: Distributed to Paid in Capital calculated as: 𝐃𝐏𝐈 = 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐝 𝐭𝐨 𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬 / 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐞𝐝 𝐛𝐲 𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬 VCs need to both fund founder dreams but also be held to our mission as stewards of capital. Returning capital to LPs continues to be a big challenge not only due to minimal exit activity but also the fact that fund sizes have increased dramatically creating a denominator effect problem. The venture industry must focus on DPI and produce realized gains vs. just having paper gains. Here are some of the highlights from the Pitchbook/NVCA “Venture Monitor” Report for 2Q 2024 (https://lnkd.in/g-mnSew8): • Fundraising by venture funds on track to reach pre-pandemic levels ($37.4B raised in 1H 2024), but capital is going to established managers, while new funds struggle to raise; • Deal activity expands for the third straight quarter, with the highest early-stage deal count since 2022; • Percentage of dollars invested in first VC rounds still remains small at 9.4%; • Generative AI investment activity continues at a record pace with $22.1B invested in 1H 2024 across 280 investments; • AI & ML investments are on the rise and approaching 50% of all capital invested; • Exit count (500) and exit value ($49B) are still dismal with few ipos (overall exits to reach 2017 level); • Based on 1Q 2024 VC performance data by Cambridge Associates, the DPI numbers since 2015 have been really low for VCs. Please share your thoughts in comments. #venturecapital #NVCA #founders #entrepreneurs
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Mayfield Partner Vijay Reddy recently joined The Sure Shot Entrepreneur Podcast where he shared practical advice for founders navigating the #AI landscape. Listen to the full episode here: https://lnkd.in/gz8Bcv4h
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Transparency and robust governance are essential in maintaining trust and mitigating risks in #AI systems. Learn more insights into the future of #AI security from Securiti CDO Jack Berkowitz here: https://lnkd.in/dgpd2g3t
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