David Boghossian’s Post

Artisan (YC W24) has raised $7.3 million in seed funding to build AI employees for enterprise, starting with Ava, their AI BDR. Founded by Jaspar Carmichael-Jack and Rupert Dodkins, DPhil FRAS, the startup's "Artisans" automate work for its human colleagues within their platform, which consolidates all of the software tools needed for the verticals they target. They're on a mission to create an all-in-one platform that consolidates top SaaS products in the go-to-market space, allowing Artisans to automate the majority of work alongside human teams. Ava, their AI BDR launched in February 2023, automates 80% of a BDR's role by consolidating outbound sales tools. Next up is Liam, the Marketing Artisan, and James, the Customer Success Artisan. Since getting accepted into Y Combinator 6 months ago with a team of 3, they've launched V2 of their platform and onboarded over 100 companies. The team is currently working on Level 3 autonomy, where AI agents will manage complex decision-making processes. Congrats to the team on the round! #ai #aitools #ainews #aiupdates #investments #yc #ycombinator

Are you seeking to enhance the efficiency of your revenue operations through the utilization of AI capabilities? If so, allow me to introduce you to Superframe – an innovative startup that positions itself as your partner in optimizing revenue operations. At the core of Superframe lies an AI-powered platform designed to harmonize your sales, marketing, and customer success teams through actionable insights and well-informed suggestions. By leveraging data-driven analytics, Superframe empowers you to gain a profound understanding of your customers' desires, inclinations, and behaviors. This knowledge serves as the foundation for tailoring your strategies to resonate with your clientele. Moreover, the platform facilitates performance monitoring, identification of areas for improvement, and the streamlining of workflows and tasks through automation. Remarkably, Superframe boasts of achievements that include driving revenue growth of up to 40% for its clients, reducing churn rates by as much as 50%, and elevating customer satisfaction by up to 60%. Noteworthy corporations like Adobe, Shopify, and Slack count themselves among Superframe's satisfied clientele. Superframe stands out among the numerous startups leveraging AI to streamline and enhance business processes. As per a recent analysis by Gartner, the artificial intelligence software sector is projected to approach $134.8 billion in value by 2025. The study also highlights the escalating embrace of cloud-centric services and applications as a principal catalyst for the expansion of the AI market. #AI #AIforBusiness #ChatGPT #AIPoweredPlatform #AICloud #AIInnovation OpenAI VentureBeat

I've been heads down navigating the first year of building an AI SaaS startup on a super tight budget. Here's what I've learned so far: 1. AI-Enhanced Product-Market Fit: It helps to utilize AI to analyze customer feedback and market data, accelerating the process of refining your product to meet the specific needs of your target audience. This iterative approach, backed by data-driven insights, helps in crafting a solution that resonates strongly with your early adopters. 2. Strategic Customer Acquisition: Its crucial to implement AI-driven analytics to identify high-impact, low-cost customer acquisition channels. Use AI tools for optimizing your inbound marketing strategy, from SEO to content personalization, ensuring a higher ROI on marketing efforts. 3. Efficient Operations via AI Automation: Deploy AI to automate and streamline operations, from customer service (using AI chatbots) to sales processes. This not only reduces operational costs but also allows your lean team to focus on critical tasks, pushing innovation forward 🚀 In today’s dynamic market, embedding AI into your product is not just an enhancement; it's a necessity for staying ahead. For any SaaS startups, especially in the first year, leveraging AI can be a decisive factor in carving out a competitive edge. Stay tuned on my progress... #startups #LeanStartupGrowth #ai #growthstrategy

Enterprise AI is transforming B2B SaaS and the way businesses function, from process automation to marketing and risk management. 🤖 We find out how the rise of enterprise AI is changing the way companies work — and take a look at the opportunities and challenges. 👀 #Ad with Sapphire Ventures #enterpriseai #tech #ai #startups #B2Bstartups — — Want to learn more? 👉 Here's a list of the top B2B SaaS companies changing the game across Europe and Israel: https://lnkd.in/e2yfcPeG 👉 Download our Rising 100 report to see the market forces shaping and shaking our 100: https://lnkd.in/eik5mqjB

Inventive Launches With $6.5 Million To Transform SaaS With Embedded AI Inventive, a #Silicon Valley-based startup transforming enterprise #SaaS with embedded #AI, has officially launched with a $6.5 million seed funding round. Led by Wing VC (known for backing AI-first companies like Snowflake, Pinecone, and Gong) this investment includes contributions from Tokyo Black and a prominent group of angel investors, featuring former #Google and #Meta executives. This infusion of capital will propel Inventive's mission to streamline AI integration in customer-facing software products, enabling businesses to deliver smarter, faster solutions. Inventive is dedicated to helping enterprise and high-growth companies transform the customer experience and drive revenue by integrating a conversational AI copilot. Their AI Analyst integrates seamlessly into SaaS products, allowing users to explore, save, and operationalize insights from their trusted data using natural #language. This focus on core business functions extends data capabilities to meet diverse customer needs. Co-founder & Head of Product Kavita Shah explains, “My motivation for founding Inventive stems directly from the pain points I experienced at previous companies with this problem.” By offering a premium AI Analyst #copilot within their products, companies can transform their customer service cost centers into profit centers, providing their users not only with valuable and trusted responses to data questions, but also with smart proactive alerts and advanced analytical AI capabilities to conduct deeper analyses to solve more complex business problems. Companies like CommVault (CVLT) are already leveraging this platform to accelerate the customer impact of AI. "Today's enterprises need AI solutions that deliver tangible business value," explains Erik Kuld, Co-Founder & #CEO of Inventive. "Our platform empowers product leaders to enhance customer experiences and deploy these improvements in days rather than months. This acceleration in innovation and customer satisfaction drives adoption and revenue growth." Future Plans and Vision Erik Kuld elaborates on the #futureplans, “We’re on a mission to accelerate the world’s transition to smarter products. Everyone should have the ability to be data-driven — especially your customers — and complicated software tools or lack of technical skill shouldn’t get in the way. We’re using this funding to expand our team, enhance our AI agent platform, and grow our customer base.”

What are the hottest trends in GenAI startups? - Focus on specific problems and customers (e.g. marketing content for SMBs) - Integrations with existing software (e.g. CRM platforms like Salesforce) - Customizing LLMs for specific contexts (e.g. your brand's voice) But there's a catch. These startups stand no chance against large enterprise SaaS companies. Slack, Salesforce, Dropbox, Microsoft, Google– to name a few, are entering the generative AI space, posing a direct threat. So, how can startups build strong moats? Here are 5 non-exhaustive approaches: - Domain / vertical specialization - Data/network effects - Bring in multiple data sources - Data silo-ing - Build a fuller product Another way to think about how companies can derive value from AI? The concept of the AI value chain! In short, - Infrastructure and platform layers are getting reasonably commoditized - Products at the application layer will gain most value from AI-fueled productivity - In the enterprise products space, a large amount of the value will be captured by incumbent SaaS companies But on an optimistic note, new fuller products with an AI-forward feature set and consequently a meaningful moat will emerge. By Vignesh Balagopalakrishnan #ai #artificialintelligence #genai #LLMs #SaaS #startups ============== By sharing our AI insights with three fellow AI enthusiasts, you'll earn a FREE SHOUTOUT in our newsletter edition. Start sharing today! 🚀 Link in the bio! 🔗 

The power of AI isn't reserved for tech giants alone. 🤖 Bootstrapped SaaS startups too can harness its potential! 1. Personalization at Scale - Enhance user experience by tailoring features based on user behavior. 2. Operational Efficiency - Automate repetitive tasks, freeing up human talent for more strategic roles. 3. Data-Driven Insights - Leverage AI analytics to identify growth areas and predict churn. At Define Capital, we're always impressed by SaaS companies that bootstrap their way to success and weave AI into their fabric. It's not about the size of your resources; it's about the innovation in your approach. #AIIntegration #SaaSInnovation #DefineCapital

Excited to share with you all an illuminating piece on how AI is reshaping the world of business development! Our latest article, "Can AI Driven Change Analysis and Process Automation Transform Business Development?" dives deep into this complex yet fascinating topic. https://UKT.news/?p=13012 We had the opportunity to learn from the change-makers at Hiphops, a pioneering analytics and SaaS company based in Manchester, who are trailblazing the sector with their innovative solutions. Hiphops.io is transforming how organizations automate their change release process in a more streamlined and efficient manner by harnessing the power of AI. Could this be the future of business development? You'll have to read the article to find out! Connect and engage with us by sharing your thoughts on the impact of AI on business development. #AI #BusinessDevelopment #ProcessAutomation #ChangeAnalysis #Analytics #SaaS #startups

Its nearly the middle of 2024 and the market has finally signalled a clearer direction in how value in GenAI can be extracted. 🌟 🌍 Sequoia recently released a list of 50 GenAI companies for the future: https://lnkd.in/eHqNiY9c 🗄️ I also made a neat list with links to all 50 companies: https://lnkd.in/eXxAp_rY Lets dig into what signals I picked up 🔦: ➡️ Theoretically, the costs of delivering services in healthcare or education should be reduced. However, it introduces the potential for job creation to decrease due to low-level work being automated. ➡️ Customer Experience is still low hanging fruit, Cresta ( https://cresta.com/) is a great example of how teams can get context of issues faster and automate compounding daily tasks. ➡️ There is more room for new startups to operate in the GenAI stack, at the App or Infrastructure layer. What is key is not making GenAI the core feature of your product but rather a workflow that helps augments the value that is brought to your customers. Eraser do this very well: https://www.eraser.io/ ➡️ Entertainment, productivity and education I feel might be the most bloated and competitive verticals with GenAI. Just think how easy its been for teams at Adobe or Notion to upsell their existing customers with GenAI. ➡️ There is potential that a company might have a controller for a particular function and use GenAI to conduct various tasks that would’ve required specialists. This has great application for businesses that are not venture backed and want to keep their head counts small while increasing the value they deliver. Let me know if there are any companies that stood out for you from the list! 🏆

AI has been revolutionizing the business world, and these three startups are leading the charge. SoundHound's Houndify platform offers rapid speech recognition and voice search capabilities, while Moveworks is focused on improving company-employee relationships through AI-powered support services. Finally, Arrow's B2B SaaS platform automates social media content creation and management, helping businesses grow their online presence. Check out these and more #AI startups!