How AI Is Transforming Venture Capital

AI can transform sourcing and screening from investors' pack mentality, to funding more female founders who build better products and services -- and create higher returns for investors. Venture capitalists know that their advantage lies in identifying the most promising opportunities before their competitors do. This is confirmed by a University of Chicago study by Morten Sorensen, which shows that investors create 60% of their value from the upper part of the funnel, specifically from sourcing and screening. In which case, sourcing and screening must be a constant target for improvement, right? No -- apart from a few VCs who have reinforced their sourcing with web crawlers, sourcing and screening practices have remained the same since the inception of the VC asset class around 1940.