Smith Point Capital, LLC

We're proud to have led Prophecy’s $47M Series B Extension round. With 3.5X revenue growth in FY'24 and an impressive lineup of Fortune 500 customers including Amgen, HSBC and JPMorgan Chase, we believe that Prophecy is at the forefront of a transformative modernization shift in how enterprise companies manage data transformation. Congratulations to Raj Bains and his entire team, who are solving a multi-billion-dollar productivity challenge for enterprise data teams.

Congratulations to Elliot Shmukler and Jeremy Stanley and the entire Anomalo team on successfully closing their $10M Series B extension round. Maximizing the quality of data in the enterprise has become mission-critical and an important area of investment for Fortune 500 executives, and we are proud to lead their Series B extension as they emerge as the leading platform in this space. Read about the news here: https://lnkd.in/gb94h6aQ

Last week, Smith Point Capital held its inaugural Annual General Meeting, where we hosted our incredible LPs, portfolio companies, and special guest speakers in Boston, MA. The conversations led by Virtualitics, AssemblyAI, Prophecy, Neuron7.ai, ZEDEDA collectively demonstrated how the future of the intelligent enterprise will be underpinned by the convergence of mission-critical AI, applications, data, and edge technologies. Our guest speakers Doris Kearns Goodwin, Paul Daugherty from Accenture, and Ramayya Krishnan from Carnegie Mellon University inspired us with their perspectives on innovation across technology and government off the back of a pivotal election week. Our AGM was an incredible reminder of the importance of connecting, learning, and pushing the boundaries of what’s possible. Thank you to our speakers, our LPs, and each of our exceptional portfolio companies for making our first AGM one we will never forget, and thank you to our team who worked so hard to bring it to life. Keith Block John Cummings Burke Norton Andrew Schmitt Brooke Kiley Slattery Chris Lytle Kari Owens Karen A. Tsao Lorenzo Salazar Katie Rodday

Congratulations to Michael Amori and the Virtualitics team on its recent USAF SBIR III contract!?Applications play a mission-critical role in ensuring operational and mission readiness — a strategic imperative across the entire Department of Defense. Virtualitics’ momentum across the sector is set to unlock an exciting new chapter led by AI and data-driven solutions.

Congratulations to Neuron7.ai on its $44M Series B round! We believe that Neuron7 represents the next great leap forward for the service industry and are excited to partner with Niken Patel and his team on its next chapter of growth.

Congratulations to Dylan Fox and the entire team at AssemblyAI on the launch of?Universal-1, the company's most powerful and accurate Speech AI model trained on 12.5M hours of multilingual audio data.? AssemblyAI?continues to raise the bar as the industry-leading Speech AI provider, and we are delighted to partner with them as they enable organizations to unlock the extraordinary value of voice data in ways that were previously impossible. https://lnkd.in/e5inQ-x9