PitchBook’s AI-driven “VC exit predictor” evaluates how likely a company is to go public or be acquired. The data provider has claimed that the two-month-old tool had a 75 per cent accuracy rate.
Meanwhile, venture capital firms Headline and Moonfire Ventures have used generative AI to assess and compare investment targets based on measures such as web traffic and new users, so as to isolate those with the biggest growth potential.
London-based Moonfire said it used AI to review about 50,000 companies every week, evaluating, for example, a founder’s experience and the potential for returns on investment. The company drew on its algorithm to discover and back UK fintech LiveFlow, leading a $3.5mn seed raise.
>PitchBook’s AI-driven “VC exit predictor” evaluates how likely a company is to go public or be acquired. The data provider has claimed that the two-month-old tool had a 75 per cent accuracy rate.
>Meanwhile, venture capital firms Headline and Moonfire Ventures have used generative AI to assess and compare investment targets based on measures such as web traffic and new users, so as to isolate those with the biggest growth potential.
>London-based Moonfire said it used AI to review about 50,000 companies every week, evaluating, for example, a founder’s experience and the potential for returns on investment. The company drew on its algorithm to discover and back UK fintech LiveFlow, leading a $3.5mn seed raise.
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