Venture Capitalist at Theory

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1 minute read / Dec 13, 2024 /

The Intelligence Imperative: How AI Went From Feature to Foundation

If you needed proof that every software company is an AI company, here’s the evidence. 46% of all US venture financings in dollar terms in 2024 were AI.

image This revolution breeds in every corner of the startup ecosystem :

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37% of Seeds, 35% of Series As, 67% of Series Bs, 24% of Series Cs, & 47% of Series Ds were AI companies. Within a year, half of software companies are AI companies.

By next year, if this trajectory holds, we’ll struggle to find software that doesn’t think, learn, and evolve.

What isn’t captured in this data is that the way companies are built is also changing. AI is in the product but AI is also writing software, crafting marketing company, & drafting design documents.

AI is more than a market trend - we’re watching the software industry undergo a cognitive reimagining of how we build software, they way we work & what is possible with software.


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