The age of agents.
Agents are changing what software can do. We partner with founders defining this new category of application.
Applied Intelligence.
Agents expand the market for software
As AI evolves from co-pilot to assistant to agent, industries that saw little benefit from the last wave of applications will see enormous productivity gains, especially where human intelligence was previously a bottleneck
Scott & Russell, Cognition
Services become the software
Where change management makes AI adoption painful, ambitious entrepreneurs will use the technology themselves, building tech-enabled services that become disruptive providers in their own right.
Emily & Ryan, Archive
Vertical depth beats the labs
General-purpose tools stop at the edge of an industry's real complexity. Founders who build for the specific workflows, regulations and data of a single domain will own it.
Max Junestrand, Legora
FAQs
We invest from seed through growth, with checks ranging from $1 million to $100 million. In AI apps, that has meant everything from first institutional capital to later growth rounds in companies like Cognition and Simile.