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SignalFire raises over $1B as LPs embrace data-driven investing
Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were
Still, Farmer feels SignalFire’s approach is unique because, unlike other VCs that use data, his firm integrates AI into every aspect of the investing process — from identifying promising early-stage startups to helping portfolio companies with recruiting and product marketing. According to Farmer, a significant reason some of the world’s biggest institutional investors were excited to back in his firm was its focus on seed and pre-seed startups. For this new set of funds, the firm plans to continue investing in sector-specific AI startups, including healthcare and pharma, consumer, infrastructure and developer tools, and cybersecurity.
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