NYSE Closing Bell, The Evolution of Enterprise AI, Biotech in 2024, Elizabeth Liu on Transforming an Industry

We were in New York on Friday closing the NYSE with previous IA40 winners. We released our first Founded & Funded episode of the year — an IA40 Spotlight with enterprise search company Glean's Founder & CEO Arvind Jain.?Investor Joe Horsman shares what in biotech has him excited for 2024. We released a?Company Spotlight with Crowd Cow CEO Elizabeth Liu. And we've got some great news from our portfolio, including several of our companies landing on Built In's Best Places to Work lists and Typeface's?integration?within Microsoft Dynamics 365.

NYSE Closing Bell Ceremony with IA40 Winners

We had an amazing time with several previous #IA40 winners closing the NYSE on Friday! Thank you to all who were able to join us: Runway , OctoAI , Typeface , Ironclad , Numbers Station AI , SeekOut , Tesorio , Lexion , Jellyfish , DataRobot , Cresta , Credo AI &?Neon .

Founded & Funded

The Evolution of Enterprise AI: A Conversation with Glean's Arvind Jain

We had the pleasure of hosting Glean Founder & CEO Arvind Jain on the first Founded & Funded episode of the year. In this IA40 Spotlight, Arvind and Investor Palak Goel discuss opportunities for innovation in AI, moving from prototype to production, and company building — and he offers up advice to founders and startup leaders, including

• Build a product that solves your customers’ needs.
• Spend time with customers.
• The startup journey is hard – founders have to persist!
• AI is not a sufficient product. It should be a building block to create a great product.
• Don’t make promises you can’t keep. You’ll lose your credibility.
• AI technology is powerful, and enterprise leaders have to be willing to experiment with it and invest in it!

Listen/watch & subscribe wherever you get your podcasts: Our website (includes transcript),?Spotify , Apple , and?YouTube .

Joe Horsman Shares His Excitement About Three Areas of Biotech Innovation for 2024

Following J.P. Morgan's 42nd annual healthcare conference last week, Investor Joseph Horsman shared three areas in biotech he's excited about as we move into 2024: next-gen metabolism, regulating nucleic acid drugs, and engineered oncolytic viruses.?Read more here.

Crowd Cow’s Elizabeth Liu on the Power of E-Commerce To Transform an Industry

Elizabeth Liu recently reflected on the founder/investor relationship in an interview with Madrona. "Madrona partners closely with founders and is a vital pillar of the Pacific Northwest startup ecosystem. They have been deeply involved with Crowd Cow beyond fundraising — from shaping our board to advising numerous business pivots and strategic decisions, including scaling our subscription platform and, most recently, building and achieving a disciplined path to profitability. Madrona has also been fundamental in defining, sourcing, and shaping our talent pipeline, which has evolved as we’ve grown and have needed different players depending on our stage." Read more here.

Portfolio Roundup

A huge congratulations to Clari, Runway, OctoAI, Esper, Rec Room, Highspot, Flexe, TaxBit, Asperity, CommerceIQ, Peach, and Spotnana for landing on Built In's various Best Places to Work lists.

Typeface ’s personalized AI is now integrated within Microsoft Dynamics 365.?VentureBeat covered the news.

Ovation and DNAnexus tea up to unlock large-scale precision health datasets to accelerate drug discovery.

Unstructured is now live on Azure Marketplace.

Qumulo CEO Bill Richter?challenges the outdated concept of relying on a single source for storage solutions, calling it an “old, tired concept” in a recent?interview with CRN.

Amperity VP of EMEA Matthew Biboud Lubeck?shared his marketing forecast in his latest article for MarketingTech.

Rec Room will be rolling out full-body avatars in March, according to Road to VR.?

Clari CEO Andy Byrne joined the Startup Field Guide to chat about the future of the sales and revenue space, AI’s impact on revenue processes, and the evolving RevTech landscape.

Esper announced a new partner program, Esper Elevate.

OctoAI CTO Jared Roesch discusses groundbreaking AI and Octo’s innovative journey on the Collective Intelligence Community Podcast.

Paro CEO Anita Samojednik recently wrote about how the phrase “gig economy” carries outdated misconceptions about flexible work in BenefitsPRO.? And Sr. Director of Sales Tiffany Garry was named one of the top 120 sales leaders to know by The Sales Collective.

Nautilus Co-founder and Chief Scientist Parag Mallick appeared on “The Proteomics Show” podcast to discuss his recent computational proteomics award, career path in science, excitement for the field, and more.

Strike Graph and Judy Security partner to enhance cybersecurity.

Pulumi released a provider for Pinecone, meaning you can now manage Pinecone’s serverless indexes using infrastructure as code written in any general-purpose programming language.

RelationalAI CEO Molham Aref joined SiliconANGLE & the CUBE to talk dynamics of data fabrics and the future of intelligent data platforms.

Amperity Co-founder and CTO Derek Slater shares trends he anticipates will shape the year ahead and offers insights on preparing for these rapid changes in a column in Betanews.