Blumberg Capital

Our newest Compass newsletter is live! ?? Effective storytelling isn't just about getting attention - it’s about making the right impact with the right people. In the newest Compass, we cover the essentials needed before making a company announcement. For this newsletter, we spoke to startup reporter Christine Hall (prev. Crunchbase News, TechCrunch) for advice on what makes a startup pitch stand out.

Dr. Felix Beacher, PhD, host of the Medical AI Podcast, sat down with Pelu Tran, CEO of portfolio company Ferrum Health, to explore how AI is revolutionizing radiology. Ferrum’s AI platform helps doctors quickly and accurately ensure the quality of important diagnoses. Pelu describes a “massive disconnect between the care that patients are receiving and the care that they could be receiving with the powerful technologies available.” The two dive into the challenges posed by the proliferation of point-of-care AI tools—from steep deployment costs and cybersecurity risks to issues of model drift and generalizability—and how AI platforms can serve as a solution. ??Tune in to the full podcast.

Our colleagues Yodfat Harel Buchris and Lior Carmel share more on why Blumberg Capital invested in Aryon Security and a new, proactive approach to cloud security. This week, co-founders?Ron Arbel,?Ariel Litmanovich,?Yair Ladizhensky?and the Aryon Security team?launched out of stealth with $9M in Seed funding led by?Blumberg Capital?and?Viola Ventures.

VConVC sat down with David Blumberg and Jay Eum, founder and managing partner of GFT Ventures, to discuss what's next for AI innovation. ?? Listen to the full podcast. https://lnkd.in/giPxvqnt

Wharton Fintech sat down with David Blumberg to discuss how venture capital has evolved over the past three decades, the role of investors beyond capital, and early investments in companies such as Braze, DoubleVerify and Nutanix. ?? Tune in to the full podcast with Kimberly Zhang

Thanks to Grace Gong, host of Venture with Grace, for sitting down with David Blumberg for a conversation about the evolution of enterprise software, spotting IPO-worth companies, and building a durable VC firm! ?? Tune in to listen to the full interview. https://lnkd.in/gSCajKNN

We are proud to introduce Aryon Security and a new, proactive approach to cloud security. Today, the company launched out of stealth with $9M in Seed funding led by Blumberg Capital and Viola Ventures, with participation from cybersecurity leaders including Shlomo Kramer of Check Point Software, Imperva and Cato Networks; Maty Siman, founder of Checkmarx and Reuven (Rubi) Aronashvili, founder of CYE . ?? Aryon was founded by Ron Arbel, Ariel Litmanovich, Yair Ladizhensky - repeat founders and alumni of Matzov, the IDF’s elite cybersecurity unit. The founders have extensive backgrounds in security, including working together on securing project Nimbus - the $7.2B national cloud computing project between Israel’s government and leading cloud providers. “We believe Aryon has the team and technology to be the next Israeli cybersecurity disruptor to earn the trust of the Global 5000. As a U.S. firm with roots in cybersecurity and Israel, we have an exciting adventure ahead as Aryon helps CISOs around the world make the leap from reactive to preventive cloud security." - Yodfat Harel Buchris, managing director at Blumberg Capital and Aryon Security board member Learn more about Aryon and today’s news in SecurityWeek: https://lnkd.in/gfZAwatY Thanks to our colleagues Yodfat and Lior Carmel for leading us in the adventure ahead with the Aryon team.

It can be detrimental to engage press or prospects before startups know how to articulate who they are and what they do. That’s where messaging comes in. Blumberg Capital‘s Deann Sonoda partners with Blumberg Capital portfolio companies to help them tell their unique stories and use strategic communications to create business value. In a recent post, Deann shares a marketing checklist for startups as they prepare to talk about their companies including: 1. Elevate your startup’s messaging beyond the product 2. Lead with data 3. Don’t write a company announcement like its sales collateral 4. Less is usually more 5. Don’t waste slide headlines Read the full article: https://lnkd.in/eMz6MQp3

Thank you Chicago Booth EVC for spending time with us during your trek to Silicon Valley. The group came with great questions, energy, and interest in shaping the next generation of venture capital. Thanks also to The University of Chicago Booth School of Business alumni Steve Gillan, our CFO/COO, for joining the group and sharing advice on maximizing the MBA years for a career in VC (including tips from our more recent MBA grads?Lior Carmel,?Jacob Katz and?Jimmy Z.). We look forward to your next visit to San Francisco!

We are proud to share that VerAI Discoveries has raised $24M in initial Series B funding led by Insight Partners, with participation from existing investors Blumberg Capital, Chrysalix Venture Capital and Orion Industrial Ventures. This marks our third investment in the company as part of an exciting four year journey?with the VerAI team. The rise of AI and our increasingly electrified and connected world rely on critical minerals.?VerAI's proprietary AI Discovery Platform is engineered to identify concealed deposits of critical minerals with high levels of accuracy. Unlike conventional exploration methods, VerAI's technology detects hidden mineralization beneath covered terrains, reducing risk and cost while increasing the likelihood of discovery. "VerAI has pioneered the use of AI over geological data sets to pinpoint mineral deposits more accurately than any other methods available today, with a sea change in probabilities of discovery.?Not only does this decrease costs to find deposits but it also requires drilling fewer holes, which is a secondary positive impact on the environment." - Stanton Green, VerAI board member and sr. director at Blumberg Capital Congratulations to co-founders Yair Frastai (CEO) and Amitai Axelrod (CTO) and the VerAI team on today's milestone, the journey here and the promising adventure ahead! Thanks to our colleagues Stanton and Jacob Katz for leading us in this adventure with VerAI. More on VerAI's milestone: https://lnkd.in/gmQnJBDt