Redpoint

“He found me through TikTok, I think, which is actually was one of my earliest platforms...in the fall, I got an email from Josh and he had just joined Lightspeed.”

“Lead investor Redpoint backed the company at a $450 million valuation despite an announced $1 billion headline price.”

“Collate raised $95 million at a $1 billion valuation from Redpoint Ventures... AI documentation platform for life sciences companies.”

“Collate ($95M at ~$1B valuation): 'automate life sciences documentation for regulatory filings, clinical trials, and product development'”

“Modal, which straddles inference and AI agent infrastructure, just closed on $355 million in Series C funding co-led by Redpoint and General Catalyst.”

“Modal, an SF-based AI infrastructure layer, raised $355m in Series C funding at a $4.65b post-money valuation.”

“Cloud computing startup Modal raised a $355 million round led by General Catalyst and Redpoint at a $4.65 billion valuation.”

“Modal Labs...raised a $355 million Series C round at a $4.65 billion post-money valuation for 'serverless cloud infrastructure for running and scaling AI applications.'”

“45% of that is coming, it's displacement. In other words, it's being stolen from old vendors that they're either canceling or cutting back the number of seats... In other words, 45% of AI spend is that CIOs are trying to grab from existing vendors.”