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BAG Ventures is deploying $11.3M to bridge the gap between early-stage AI founders and enterprise buyers, emphasizing go-to-market access over pure capital injection. This strategy targets the shift toward paying for proven enterprise value rather than experimental tools, focusing on infrastructure, security, and vertical SaaS applications. The fund aims to solve the "AI divide" by leveraging its operators' networks to connect startups directly with high-level decision-makers.

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Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for

TechCrunchSeptember 30, 20264 min read

BAG Ventures announces close of a $11.3M Fund I to invest in all things AI.

Two Google alumni have closed an $11.3 million fund to back early-stage AI startups, betting that the era of enterprise AI experimentation is ending and that customers will increasingly pay only for products that prove their worth. BAG Ventures, founded by Bontia Stewart, a former Google vice president, and Jackson Georges Jr., a former CapitalG partner, closed the fund after about two years of investing from it as it came together. The…

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