In a significant boost to its mission of co-founding data and AI companies, the boutique super{set} Startup Studio Raises $90 Million . This latest funding round underscores the studio’s commitment to nurturing and scaling enterprise-focused startups in the rapidly evolving data and AI sectors.
Founded by Tom Chavez and Vivek Vaidya, super{set} has carved a niche for itself in the venture studio landscape by focusing on building companies that leverage data and artificial intelligence to offer innovative enterprise solutions.
The recent fundraise brings the total capital secured by the studio to $176 million, a testament to its successful strategy and the confidence of its investors.
A Track Record of Success and Strategic Focus
The studio’s approach to company building has already borne fruit, with a notable exit: the sale of marketing company Habu to LiveRamp for $200 million. This achievement not only validates super{set}‘s model but also sets the stage for further ambitious projects.
According to Chavez, the studio’s strategy remains consistent with its founding vision, focusing on creating “admittedly boring but bountiful products” for the enterprise market. This philosophy has proven to be a solid bet, as evidenced by the studio’s ability to attract significant investment even in a challenging fundraising environment.
Engineering AI for Practical Applications
Unlike many investors who focus on foundational AI, super{set} is more interested in the engineering aspect of AI, aiming to develop practical applications that solve real-world problems. The studio’s interest in large language models (LLMs) and their potential for creating useful applications highlights its forward-thinking approach to leveraging AI technology.
A Hands-on Approach to Venture Building
super{set} distinguishes itself from other venture studios by its hands-on approach and selective strategy in company formation. With 16 companies in its portfolio, the studio plans to further refine its focus, forming two to three companies per year.
This approach allows super{set} to provide intensive support to its co-founders, ranging from recruitment and marketing to sales and fundraising.
A Bright Future Ahead
The latest funding round is a significant milestone for super{set}, enabling it to intensify its focus on data and AI company building. With a strong track record and a clear strategic vision, the studio is well-positioned to continue its success in the venture studio space.
As the demand for enterprise AI solutions grows, super{set}’s model of co-founding and scaling startups is likely to play a crucial role in shaping the future of the industry
