WHY PARTNER WITH AI FUND
We’ve been there. We’ve founded and scaled successful companies ourselves, and we know that creating meaningful startups is really hard. Instead of spending years plodding away on an idea, validate it quickly in our Founder-in-Residence program.
We shorten a process that can take years down to months. We make sure you are going after the right market, are fully validated, and are surrounded by great teammates. Lastly, we make sure you see the world through the lens of a data scientist and machine learning expert, which is the perspective any meaningful AI company in the future must have. But, we also know that the process is not about us. It’s about great founders and empowering them to do impactful things.
Partnering with a venture studio to launch your company is a force multiplier. A study by the Global Startup Studio Network (GSSN) found startups founded with a studio have a 30% higher success rate. They also grow bigger faster: almost every company launched from a studio received seed funding and 72% of those received Series A funding.
Founders in our studio program leverage lower barriers to entry, financial support, and higher levels of operational involvement to springboard great companies.
A PROVEN PROCESS FOR BUILDING COMPANIES
Phase 1: Rapid validation as a Founder-in-Residence
A paid contract role, Founders-in-Residence spend three months developing the idea and iterating rapidly to de-risk the new business, while collaborating with our ML engineering team to structure a proof of concept.
Phase 2: Incorporation and pre-seed development
If it makes sense after the completion of the Founder-in-Residence period, we incorporate the company and provide a pre-seed investment to stand the company up. Our recruiting team will help assemble the core team (including co-founder matchmaking if needed) and the building team will support you in securing early customers, building the product and preparing for fundraising.
Phase 3: Grow and scale
As a good co-founder, we will be working alongside you, supporting you as you grow with capital, collaboration within our ecosystem, and other assistance.
LET’S BUILD A COMPANY TOGETHER
Have an idea? Or just want to be a part of something big? Let’s talk.
What is a venture studio?
A venture studio differs from a typical venture capital firm, in that it focuses on building companies from the ground up, rather than investing in already growing companies.
At AI Fund, we source ideas from within our organization, our network of industry and academic partners, and entrepreneurs like yourself. We will validate your idea together through our Founder-in-Residence program and support you in turning your idea into a venture-backable business—including building your core team, developing the product, and acquiring first customers.
We are more than simply investors. As a venture studio, we are co-founders with you.
Is there a deadline for applications?
We want to partner with entrepreneurs who want to make a difference in the world using AI. If you have an idea, but haven’t built the product yet, then it’s the perfect time to reach out to us. If you want to build something but don’t have a company idea yet, check our careers page for open Founder-in-Residence roles.
How much capital does AI Fund invest in pre-seed companies?
We prefer to be the first institutional money in a company and we invest up to $1 million in a convertible note to found the company and additional follow-on investments as the company grows.
What kind of support does AI Fund offer Founders-in-Residence?
We surround each new startup with a team of specialists with expertise around ML engineering and data science, talent and recruiting, fundraising, product development, corporate partnerships, and more.
LET’S WORK TOGETHER
Ready to build something great?