Shruti Gandhi’s Post

Artificial intelligence is one of the hottest topics in the private market landscape. Early signs indicate that the conversation isn’t slowing down anytime soon. Our new report — brought to you in collaboration with Glasswing Ventures, New England Venture Capital Association, and Value Creation Labs — centers on how AI and data are shaping vertical industries and enterprises. Check out three highlights from the report here: https://hubs.ly/Q02rytWP0 #AIInnovation #BostonTech #AIReport #founders #VerticalizedAI

Excited to be working with William Ashford as he builds Truestate. So far some of the biggest winners in the AI hype cycle have been overpaid consultants. But the excitement from the AI hype train is quickly being replaced by frustration as corporations struggle to deploy new AI technologies safely and reliably - even with an army of these consultants. Fortunately AI can also help solve this problem, as it will increasingly be used to automate away the role of these expensive consultants. This is what Will and the TrueState team are building with their first product: an integrated library of AI components that can automate the work of building AI solutions that would take consultants six to 12 months to do. Check them out below.

We're excited to be featured in INSIDE.COM. Here's what one of our FOAFers Chris Heuer had to say about it: "While we are barely out the starting gate with the best of a 'just get out there and start creating value' approach (aka Guy Kawasaki's 'Don't worry, be crappy,' we are about to leave that phase behind. We've brought in our first deals, have basic infrastructure in place, and are preparing for a relaunch of the website and our network to make sure more leaders know the value we can provide them. Check out https://foaf.pro/ This new approach to fractional executives is more flexible, accessible, and feasible for #startups and established businesses looking to pivot or reinvent themselves. No long-term contracts and no huge commitments - just access to the sage wisdom of experienced executives who you would otherwise never be able to bring into your company or organization."

How do VCs use AI? Come by our panel at TechArena 👇 It's during Investor Day on Wednesday 21st, at 15:50. You'll hear from: Olivia Mark at daphni Kremena Tosheva at SNÖ Ventures Carl Svantesson at EQT Ventures Can't wait to hear from this rockstar panel on how they use AI in their funds. Hope to see you there! #venturefunding #venturecapital #techconference

Yesterday DeepL announced that we have raised an additional $300M in a funding round led by Index Ventures, which raises our valuation to $2 Billion. To quote our CEO: “We’re approaching an inflection point in the AI boom where businesses who are racing to adopt the technology begin to discern between hype versus solutions that are secure and actually solve real problems in their business,” I'm super excited to be a part of the journey and to see this point play out over the next years. https://lnkd.in/eSfU2DAb

We recently added Lead Investor data to CB Insights And of course, our first research with this dataset had to be about generative AI So who are the VC and growth equity investors leading the most GenAI deals? We break it down here #venturecapital #generativeai #openai #privateequity https://lnkd.in/eZXnPVpW

Last chance to grab your free spot for today's webinar on AI-powered corporate venture building 💡🍿 Data is the fuel of AI-powered innovation. Not ‘hustle’. Join Geoff and Natasha as they dive into how corporate venture building works today - and how it is being disrupted by Generative AI through new methods and new types of ventures that can be created. When? February 1st - 4pm CET / 10am EST How? Grab your spot here 👉 https://lnkd.in/eyKWNtHF #corporateventurebuilding #innovationstrategy #venturebuilding

I'm noticing more and more venture firms taking the index fund approach to AI investing, whether its Sequoia backing OpenAI and xAI, or Sound Ventures backing OpenAI, Anthropic AND Stability AI. Here's my latest column for The Information digging into the trend, and why we may see more of it in the following months: https://lnkd.in/gRnHyp6D

CaseMark Secures $1.7 Million Seed Funding Led by Gradient Ventures to Revolutionize Legal Workflows with Generative AI CaseMark AI, a pioneer in legal generative AI workflows, today announced the closing of a $1.7 million seed funding round led by Gradient Ventures, Google’s AI-focused seed fund. Additional participation came from Rex Salisbury‘s Cambrian, Ride Home AI Fund and Alumni Ventures. The funding will drive the company’s mission to help legal professionals benefit from the efficiency and productivity of generative AI. CaseMark’s AI-powered legal workflows address automating time-consuming tasks like document summarization, research, and legal analysis. This frees up valuable time for legal professionals to focus on high-value activities such as client strategy and casework. https://lnkd.in/e4JF8Mim #litigationfinance #litigationfunding #legalfinance #legalfunding #legaltech #AI