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Innovating Venture Capital: A Deep Dive with Penny Schiffer of Raized.ai
In a recent episode of the VC Wisdom podcast, Charles hosts Penny Schiffer, the CEO and Co-founder of Raized.ai. Penny, hailing from Zurich, Switzerland, shares her journey from being a venture capital investor to realizing the potential for disruption in the industry. She speaks about how the venture capital industry, despite investing in cutting-edge technology, often lags in adopting technology for its operations. This realization led her to establish Raized.ai, a platform that leverages AI for deal sourcing, screening, and due diligence. The platform identifies around 10,000 new startups every month and offers personalized recommendations to investors. Penny emphasizes the importance of subject matter expertise in evaluating AI outputs and discusses the challenges and opportunities in the European and Swiss startup ecosystems. She also invites listeners to try out Raized.ai with a free trial.
