Software & AI people build companies on.
Software and artificial intelligence that earn their place in how people work — products, not promises.
Some of the best opportunities sit outside any single industry. We invest in technology businesses with clear economics and honest products — including the new generation of AI-native companies — businesses that grow because their customers insist on them, not because the market is in a mood.
On artificial intelligence, our test is unchanged: we back AI that does real work — underwriting faster, operating leaner, serving customers better — not demos in search of a problem. We favor software with real revenue, sound unit economics, and a use case a plain sentence can explain. We can invest as minority partners or acquire outright, and we bring more than capital: operating discipline, distribution through our network, and patience.
A product customers would fight to keep.
AI that compounds into the workflow, not a feature bolted on.
Sound unit economics, not just growth.
Teams that ship and listen.