Thomvest

We’re thrilled to announce that Nima Wedlake has won an Inman Best of Proptech Award?in the Venture Capital category! This award celebrates the most groundbreaking solutions and leaders shaping the real estate industry. We are honored to celebrate his recognition alongside industry leaders. #InmanBestofProptechAwards #InmanAwards

ServiceTitan has officially filed for #IPO, marking a major milestone for the company. Their S-1 filing highlights impressive growth, strong retention, and exciting AI-driven innovation in a $1.5T market. Nima Wedlake breaks down the key takeaways from their S-1 in his latest blog, covering: ??? The financials: Revenue, growth rates, and profitability trends ??? The path forward: AI adoption, customer acquisition, and scalability ??? M&A strategy: How 10+ acquisitions built their robust platform Ready to dive into the details? Read the full breakdown here:

?? Final Call: Participate in the Thomvest x Keyway AI Adoption Survey! ?? Are you a real estate investor? We're looking to gather valuable insights into the adoption of AI in the real estate industry—from receptiveness and trust to concerns and desired outcomes of applied AI. Take just 5-10 minutes to share your perspective. Your input will remain confidential and will directly shape our upcoming report on AI trends in real estate. As a thank you, all participants will receive a complimentary copy of the report.

Don’t miss out on connecting with Umesh Padval during an upcoming Funding Fridays session. Whether you're exploring funding or seeking guidance on scaling, these 1:1 meetings are a great way to gain insights and support on your entrepreneurial journey. Register to take part!

Is your startup’s board optimized for growth or cluttered with complications? Building the right board is a strategic move that can make or break a startup’s trajectory. Kip Knight took a closer look at the benefits and challenges of adding board observers (non-voting members) into the mix: The Upside of Board Observers: ?? Expertise & Network: Observers can bring unique industry insights and open doors to new sales leads and investors. ?? Development Path: Observers offer up-and-coming leaders a chance to learn and contribute, setting the stage for a future board role. The Risks to Consider: ?? Confidentiality Risks: More people with access to sensitive info increases security risks. ?? Over-Influence: Without voting power, observers can still sway decisions—sometimes more than intended. Be strategic. Sometimes an advisor or consultant can add just as much value without impacting board dynamics. ?? Read the full blog for deeper insights on when board observers might be right for you:

In a recent conversation with Riddhi Kanetkar, Business Insider, Umesh Padval shared his perspective on a shift in VC — investing in competing companies within the same space, particularly in large language models (LLMs) like OpenAI, Anthropic, and Cohere. ?? Here are a few key takeaways: ? Commitment to Thesis: At Thomvest, we believe in thesis-driven investing, identifying the strongest companies in a given sector and dedicating 100% support to their success. Investing across competing startups doesn’t align with this approach, as it can dilute commitment. ? Confidentiality Concerns: With multiple investments in the same space, there’s a real risk of confidential information being shared unintentionally. While firewalls are promised, they can be challenging to maintain in practice. ? Strategics vs. VCs: Historically, strategic investors have often invested in multiple companies within a single sector, as seen with NVIDIA and Salesforce, but for VCs, focus and dedication remain essential to long-term partnerships. As the AI landscape evolves, it’s critical for VCs to consider both the ethics and value-add of their role in supporting transformative tech.

A well-rounded board can be the difference between scaling a #unicorn and stagnating. But should board observers, with their nonvoting status, be part of that equation? Today, around 20% to 30% of corporate boards include observers, with that number even higher for private, VC-backed companies. Kip Knight, Operating Partner, dives into the pros and cons of board observers on Crunchbase News. Read more to see if observers could be the right fit for your board's strategy. ?? #boardmembers #venturecapital

As AI adoption accelerates, security and privacy concerns are growing, especially in industries with strict compliance standards. Ashish Kakran spoke with Sri Muppidi at Business Insider about the gap in AI security and the significant opportunity for startups building solutions to safeguard AI models and sensitive data. #AI #security #privacy #startups #tech

While Crunchbase News reports a 51% drop in Q3 funding for cybersecurity startups compared to Q2, there are still positive signals in the sector. Umesh Padval points out: ? Valuations are stabilizing:?Current valuations are in a good place, offering a more rational environment for investors and sustainable growth for startups. ? New architectures emerging:?There are exciting developments in cyber architectures, such as autonomous agents trained on vast data sets to tackle security challenges more effectively. ? Interplay with AI:?The crossover between AI and cybersecurity is creating new opportunities. While the AI craze may have drawn attention from some investors, it is also helping develop more innovative cybersecurity solutions. ? Temporary downturn due to seasonality and other factors:?Q3's dip is likely influenced by seasonality and how deals are categorized, while the overall dollar total remains comparable to last year.