Investing in AI: Startups to Watch and Ten Key Questions to Assess Them
Artificial Intelligence (AI) isn’t just a buzzword anymore. It’s an epoch-defining technology shaping how we live, work, and interact. For most venture capital investors (VCs), the question isn’t whether to invest in AI but how to do it to maximize returns.
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At Alumni Ventures, we are one of the top investors in the sector and have a dedicated AI Fund. We have developed lists of the top 10 things we look for in AI companies, the 10 red flags that send us running, and the key questions to assess startups in this sector.
View our on-demand webinar above to learn more about specific AI startups to watch, as well as the ten key questions we use to assess them. This illuminating discussion will give you an insider’s view of how VC firms evaluate deals and use a regimented process to identify great potential in the world of AI startups.
AI Fund Managing Partner Ray Wu and Senior Principal Jack Statza were joined by:
- Rashmi Gopinath, General Partner at B Capital
- James Wu, Partner at M12 – Microsoft’s Venture Capital Fund
- Jay Allardyce, General Manager at insightsoftware
Watch our on-demand webinar now to gain exclusive access to VC expertise, and don’t miss out on this unique opportunity!
Reserve Your Spot in AI Fund 4
We’re seeing strong interest, as past vintages were oversubscribed and we had to establish a waitlist to accommodate interest.
If you’re interested in joining us, we recommend securing a spot promptly.
Max Accredited Investor Limit: 249
Deadline to Join: March 31, 2024
Alumni Ventures is America’s largest venture capital firm for individual investors offering professional-grade venture portfolios.
Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures.
About your presenters
Managing Partner, AI Fund
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments, and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.
Senior Principal, AI Fund
Jack Statza brings deep-tech venture investing expertise across sectors and stages to his work at Alumni Ventures. He was previously an early-stage investor at Allstate Strategic Ventures, the venture capital arm of Allstate Insurance Company, primarily focusing on AI/ML, Blockchain, and Enterprise SaaS. Before Allstate, Jack worked in investment banking at Lazard and at Livingstone in Chicago, executing M&A transactions for technology clients. He was also a consultant at the Northern Trust Company, where he gained a deep understanding of the financial markets that blockchain is beginning to disrupt. Jack has been deeply involved in the blockchain space ever since he first mined Bitcoin in 2010 and is a personal crypto investor in many altcoin projects. He has an MBA from the University of Chicago Booth School of Business and a BBA from the University of Wisconsin-Madison, and he is a CFA charterholder.
James is a partner for M12 in the Bay Area, investing in business and infrastructure software with a focus on DevOps, data science, fintech, and cybersecurity. Previously, he was an investor with FTV Capital, a growth equity fund with $4B of assets under management.
Rashmi Gopinath is a General Partner at B Capital Group where she focuses on enterprise software investments in cloud infrastructure, cybersecurity, devops, and artificial intelligence and machine learning. She brings over two decades of experience investing and operating in enterprise technologies. She led B Capital’s investments in companies such as DataRobot, FalconX, OwnBackup, Pendo, Clari, Phenom People, Synack, Innovaccer, Hypersonix, Yalo, Labelbox, Armory, Fabric among others.Rashmi was previously a Managing Director at M12, Microsoft’s venture fund, where she led investments globally in enterprise software and sat on several Boards including Synack, Innovaccer, Contrast Security, Incorta, Frame, Paxata, among others. She earned an M.B.A. from Northwestern University, and a B.S. in Electrical Engineering from University of Mumbai in India.
General Manager, insightsoftware
Jay Allardyce is a Technology Executive with 23+ years of experience across Enterprise B2B companies such as Google, Uptake, GE, and HP. He currently is the General Manager of the Data Analytics business at insightsoftware, a PE-backed company. He is also the co-founder of the GenAI.Works platform, which leads the largest AI community on Linkedin. He’s spent time at the intersections of AI/ML, Analytics, IOT, Industrial Tech helping companies build and scale zero to 1, as well as large transformation plays. As a commercially oriented product leader, he has helped leaders and teams in Fortune 1000 companies to build and embrace a digital and AI-first approach for how to run their business. He is a board member of Bizworld.org and an advisor to Wand.ai, AI Drivers, and Latent AI.