Synaptic

We surveyed 125 Private Funds on how they manage #portfoliodata. Here are some key insights 🔽 1️⃣ Portfolio tracking is not working for private investors Only 14% of private investors are satisfied with their current portfolio tracking process – driven by a lack of automation and standardization. 2️⃣ Manual effort and lack of automation is pervasive 53% of respondents spend more than 5 hours analyzing portfolio company updates (per portfolio company); another 29% spend between 3-5 hrs per update. 3️⃣ Portfolio tracking is a significant cost for funds 65% of funds spend more than $500K per year on portfolio tracking, including personnel and tools; most investors expect 10-30% increase in the next 2 years. 4️⃣ Portfolio data use cases go beyond LP reporting & Valuations Benchmarking and Market Intelligence are important use cases, with over 35% of respondents choosing them in their top 3 use cases. 5️⃣ LLM adoption has been low for Portfolio Intelligence use cases Standardization and Accuracy are the top 2 KPCs, chosen by 64% and 57% of respondents respectively, for portfolio tracking solutions. AI struggles with both aspects. Get the full report: https://lnkd.in/gRt2rtg3

We love #Marketmaps! They provide a structured way to track and understand a sector. We've been monitoring Generative AI closely (who isn't!), and maintain a searchable collection of market maps internally. We're making this resource public for everyone to access and collaborate. Introducing the #GenAI Market Map Library – a live collection of over 100+ awesome market maps from leading VCs like Sequoia, a16z, BVP. Find the best Gen AI market maps in one place; search & filter by verticals, use cases, and geography. Streamline your Gen AI research! https://bit.ly/45WGpaB

Looking to #fundraise this year? Find the right events to network with #LPs with LP-GP Conferences Calendar - a curated list of Top 100 LP-GP events to attend in 2024-25. Access the global calendar with dates, locations, website, agenda, expected audience, and more – all in one place.👇 Click here to access the full list: https://bit.ly/3RH1Iag

We recently hosted an interactive webinar with Sagar Chandna, Sr. Partner & CTO at RunwayFBU, on "Becoming More Data-Driven in 2024." Some interesting insights from our conversation 👇 1️⃣ What does “data-driven” mean Data-driven = reducing human time and judgment across a fund’s activity stack. As startups increase - you want to access and find the best ones without bias systematically. “You cannot have that approach with a manually driven process” 2️⃣ Build, to understand buying ”Always build first, but only to gain the knowledge of what to buy.” Build something basic to understand your needs better and make informed decisions while buying. Buying should involve shipping off activities you don’t want to do internally. 3️⃣ Prioritize usability over quality, when it comes to data "As long as you fix the data usability, ingestion, and also its life cycle through your workflows...quality will improve.”  Drive use cases through data and the need to extract more out of those use cases will improve the quality of data over time. 4️⃣ Capture ALL internal data, to be future-ready Capture all your internal data, even trivial details like clicks on email signatures.  "I don't use all of that, not today. But eventually, I hope to use a lot of that information." This is a great step to being future-ready when it comes to tech & AI. 5️⃣ AI is good for summarization, but is a long way from “VC copilot” ”Can you use it? Yes, you can. But how far away is AI from really, taking over parts of an investor’s job? It's a long, long time away”. AI adds value in summarizing and processing data at scale and internal data is crucial to contextualizing. Watch the full conversation at https://lnkd.in/gwjxnV6t Rohit Razdan | Christian D'Alessandro

#GenAI is set to bring unprecedented efficiency in gaming – faster builds, immersive games, and personalized experiences for every player! 1️⃣ Robust AI innovation in game developer tools will reduce the tradeoff between creativity and efficiency Gen AI is revolutionizing game development by providing tools that automate several aspects from asset creation (Luma AI, HYPOTHETIC) to production (Inworld AI, Rosebud AI) to gameplay (Latitude). Gen AI will enable game developers to expand creatively without resource limitations. 2️⃣ Player experience in games will significantly change for the better The gameplayer will be one of the biggest winners in AI x gaming. Gen AI tools like Inworld AI, Convai are already being used to give players better social interactions and responses from NPCs. Future games will likely have more immersive, personalized experiences for players – making the game world feel more alive and socially rich. 3️⃣ AI gaming is attracting investment, expect breakout tools to emerge soon Emerging startups are seeing active interest from VCs and strategic investors. While the current investment landscape has 30+ speculative bets; the real standout tools will become apparent as wider adoption highlights which are most likely to succeed, leading to bigger funding rounds. Read the full research and check out the leading startups in the space at https://hubs.li/Q02xnJqp0

"Data-driven” has become a catch-all term for disparate approaches to tooling & data across the private investing activity stack. A lot of it is just noise! Join us in an interactive discussion with RunwayFBU's Senior Partner & CTO, Sagar Chandna. Hear from Sagar as he parses through the noise, with a practical perspective on how RunwayFBU embedded data and tooling across their investment process - how they started, key challenges, learnings, and the value they realized. Tune in for fresh strategies, tools overview, and live interaction with industry experts! Register here: https://hubs.li/Q02ww41C0

Looking for a curated list of the best tools you will ever need to deal with the complexities of VC/PE world? We've got you covered! VCs crave data like chefs crave spices, blending insights with precision to cook up successful investments. The real secret lies in the tools you use to harness insights from tons of data. Unveiling the VC Tech Stack for Data-driven investors in 2024. From core stack tools to general productivity and collaboration, these tools help you become data-driven and get insights into market trends, performance benchmarks, etc: 1️⃣ #CRM #TopTools : Attio | Edda | Affinity | Salesforce | Copper 2️⃣ #Sourcing Tools for expanding coverage #TopTools : Synaptic | Harmonic | Sourcescrub | Pitchbook | Grata | Deckmatch 3️⃣ #PortfolioManagement Tools to manage and monitor the ongoing performance of investments #TopTools : Synaptic | Standard Metrics | Vestberry 4️⃣ #FundAdministration Tools to facilitate managing and forecasting of the fund’s finances, as well as benchmarking its performance against industry standards or competitors #TopTools : AngelList | Tactyc | Carta | Juniper Square | TotemVC | Citco | S&P Global To find out more, read the full research: https://hubs.li/Q02t_XdK0

🚀 The third edition of Digital Health 30 is back! #DigitalHealth is thriving- $2.7 billion was invested across 133 deals in Q1 2024. While the median funding in later stages has decreased from its peak in 2021, median early-stage funding has increased by 19%! Make the move now. Unveiling our exclusive research: Digital Health 30. The report spotlights 30 high-growth startups - curated from a list of 9000+ startups using 100+ growth metrics! Here's a sneak peek: 🏆 Top Bootstrapped Companies: Klarity Imagine Pediatrics Drop Bio Health Allminds MediOrbis 🏆 Top Seed Stage Companies: Nourish Henry Meds Terappin Fitelo HeHealth 🏆 Top Early Stage Companies: Unobravo | Servizio di psicologia online Fabric Midi Health Inbound Health Pomelo Care Read the full report: https://hubs.li/Q02tqFBb0

There's renewed enthusiasm in #TravelAndHospitality worldwide! We analyzed the organic website traffic of #seed-funded companies to spotlight the top Emerging Travel & Hospitality startups globally! The numbers reflect explosive growth and increased reach for these hot startups! Here's the list: Airkeep TripGuru Kukun CHEFIN™ Ulysse SkiBro DocsinBox Xeni JetSetGo India Get timely signals on promising startups! Synaptic delivers relevant signals based on 200+ alt data KPIs on company performance and talent movements- right at your fingertips. Explore here: https://synaptic.com/

🚀 As Big Tech's grip tightens on AI, #Opensource #AI keeps the hope of democratic innovation alive! Offering high potential for scalable solutions and market growth, Open-source AI startups are attractive investment targets for investors. Unveiling the Emerging Open-source AI startups this month! Notably, 80% of the startups emerge from the 🇺🇸 US, and 60% of these startups focus on Modelling and Development of LLM models! PS: Our analysis is based on the 3-month % growth in Cumulative Stars on GitHub. Here is the list 👇 Predibase | TruEra | LiteLLM | Continue | Langfuse (YC W23) | Instill AI | Roboflow | CodiumAI | Pezzo | BentoML