The "AI powered" Venture Capital firm

• InReach Ventures, an AI-powered venture capital firm based in London, focuses on early-stage European tech companies.
• Founded in 2015 by Roberto Bonanzinga (former GP at Balderton Capital), Ben Smith (former UK Engineering Director at Yammer), and John Mesrie (former General Counsel at Balderton Capital).
• The firm's proprietary software "DIG", powered by ML, generates and evaluates deal-flow more efficiently than traditional venture firms relying primarily on human VCs.
• InReach targets the most promising and innovative startups across Europe, in the areas of consumer internet, software as a service, and marketplaces.
• The VC makes initial investments ranging from €500,000 to €2 million.
• Some notable companies in their portfolio include Oberlo (acquired by Shopify), Soldo, Tutorful, Shapr3D, Traitly, and Loot.

Source: InReach Venture

B.O