Back when Ravi Grover and his colleagues at Data Tech Fund were getting off the ground a few years ago, not everyone was excited about their focus on data.
“Some of the feedback we got was that it sounded too boring,” Grover said.
But with the recent rush of generative AI and other AI-related technologies, the conversation around data — and the importance of good data to fuel AI apps and services — has changed.
“Now the struggle is the opposite,” said Grover. “How do we set ourselves apart from all the other funds?”
Data Tech Fund, which launched in 2021, is headquartered in Seattle but its four general partners are based across the world. They are all former Facebook engineering leaders who worked at the social media giant more than a decade ago.