I want to know if a company founded in the last two years, that hasn't raised any money in the last year, but has grown its staff by 100% in the last six months, is founded by a person with at least 50% of their social media followers coming from the Bay Area
If you want to see this vision, you have to use Harmonic's text-based startup search query tool. Bryan and Max Ruderman built a data platform that they think can help executives discover the next big startup.
A more specific version of its largest competitors is called Harmonic. Ruderman said that they looked at every website where there might be information about companies and found a way to combine it into a representation of a company.
According to Ruderman, Harmonic uses intelligence to help recognize which public data is more accurate for certain fields, and then merges those sources to develop the "most accurate, fresh representation at any point in time."
Harmonic is trying to make venture more data driven, transparent and equitable. algorithmic investing hedges against investors' preconceived notions and pushes emotions to the side Data-focused investment processes have been implemented by Clearco and SignalFire.
Data is safe in a landscape where investors are re- learning. The data has come into question as other solutions mature. When other investors piled on looking to put money into his upstart, he explained it was a joke to show the bad quality of data on the platform.
Ruderman said that data reliability and consistency is one of the hardest problems to fix. Ruderman said that their main measure of success is their internal score that captures freshness, inventory and Taxonomy.
Ruderman didn't give a lot of details on how they gain an upper edge on freshness. The startup charges licensing and usage fees but pricing will evolve as the product develops.
Ruderman believes in a better way to search because of his background. The co-founder was a senior software engineer on a team in Search that was focused on building tools to help the company do user experience research and design. He learned about behavioral economics in the people operations department, technical infrastructure on the business intelligence team, machine learning on the finance team and Search before that.
At least 150 customers have been found by his direction and the company behind him. Some of the earliest investors have become the startup's largest investors. The Series A round was led by Sozo and included participation from Craft. The first investor was Floodgate.
Ruderman said, "If we bring this to sales teams, it lets teams bring their service and push forward at the right time." We want to make the case that talent can find startups that match their talents.
Investors are either ghosting, quiet quitting or rewriting their entire playbook
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