Unfortunately, most inbound pitch decks are irrelevant to investors. VCs AI now have a thesis explaining how they invest: market size, founder profile, verticals, region, ownership targets, round size, check size, etc.
Just how VC works. I promise that sending a pre-seed gaming monetization deck to a growth-stage consumer tech fund or a growth-stage developer tool deck to an early-stage hardware investor wastes everyone’s time.
Deckmatch says the initial layer of shit-shield from the assault of decks is frequently venture firm associates, but an AI can now do that. The startup raised €1 million ($1.1 million) to get its innovation from its prototype lab to venture fund dealflow foyers worldwide.
I think categorical acceptance and rejection based on an investment theory creates value. Add, “How big?” to that logic. Does it interest you as a VC? In an interview with TechCrunch, Oslo CTO and Deckmatch co-founder Walid Mustapha asked if this was innovative in the market compared to prior pitches. “We’ll start with 60% or 70% of an associate’s value. We can become actual friends over time.”
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The company’s initial step is to structure pitch deck data to filter the VCs AI filters. The startup has ambitious intentions to aggregate data beyond its pitch deck, including AI-informed market size and growth estimates and investment analyses using other data sources.
“What other mosaic tiles can we get if the deck is one? What can we get online? In an interview with TechCrunch, Deckmatch CEO Léo Gasteen asks what picture we could paint. The next step is to move the data to the VC’s CRM system. We built DeckMatch API-first.”
The startup has been in closed beta with 60 VCs to verify its value. It will use its funds to expand its data analysis methods and infrastructure, scale its operations, and develop its AI and machine learning skills.
The startup is targeting VC companies and pitch decks but intends to expand to recruitment and procurement.
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Gasteen says, “We envision a future where data-driven decision-making processes in venture capital and other industries free up time for more strategic, creative, and human-centric endeavors, such as decision-making and relationship building. “The shift from pen and paper to Word and Excel in VC is probably the most seismic shift the industry has felt. VCs support change but seem resistant to upheaval. We applaud our investors for this early commitment, which will help us improve our product and grow our team.”
Alliance VC led the investment round, which also included Skyfall Ventures and strategic angel investors.
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