The biggest industries of tomorrow. Smart money in HR tech. French tech in Q3 2016.

The Election Issue

Hi there,

I can't remember the last time I rented a car on a business trip. Looks like I'm not alone.

What does Trump mean for CB Insights?

At this month's all hands meeting at CB Insights, the most frequent question from the team was "What does the election mean for us?"

In talking with some other founders, I heard several say they were unsure how to address the question. 

I was pretty unsure as well, but I took a stab. We just shared the unedited memo I sent to the team about the election here.

I hope it's useful for founders who've gotten a similar question.

In the memo, I also reveal how many subscriptions President Obama has helped us sell. 

Back by popular demand

Peter Thiel famously quipped "We wanted flying cars instead we got 140 characters" lamenting the lack of hard problems being solved by startups.

Based on CB Insights Trends and Data, we'd have to humbly disagree with Thiel.

We selected 8 sectors and 36 game-changing companies that are solving big, important problems in areas ranging from healthcare to computing hardware to transportation, and who knows, maybe even flying cars. See the 2016 Game Changers.

This dude beat IBM and Adobe

Matthew Zeiler beat out algorithms by IBM, Adobe, and others to sweep the top awards at the ImageNet Challenge which the WSJ describes as "the premier battle of the nerds for the artificial-intelligence industry."

Zeiler has gone on to start Clarifai, an AI startup that recently raised $30M from top tier investors including Menlo Ventures, Union Square Ventures, and Qualcomm Ventures.

So we're excited to announce that Zeiler will be joining us at The Innovation Summit along with the CEOs of unicorn AI company Cylance and Sentient Technologies talking about the future of AI.

Prices for The Innovation Summit go up again at the end of this week.


Performance review

We analyzed smart money participation in privately funded HR tech companies from Q1’12 to 2016 year-to-date. Thus far in 2016, smart money VCs have participated in 31 deals to HR tech companies totaling approximately $444M.

100 people from the USA walk into a bar

Here is how they'd break down by religious affiliation.

Parlez-vous français?

We recently released our first-ever French tech trends report in partnership with La French Tech. After diving into the data, we see that funding grew 200% from Q2'16 to Q3'16 to reach $857M in total funding over 145 deals.

The Industry Standard

CB Insights data is the most trusted by those in the industry and the media. A few recent hits.

EconoTimes. A look at Q3'16's bitcoin and blockchain investment dip with a reference to the latest CB Insights Pulse of Fintech report with KPMG.

Techworld. Scott Carey (@scarey102) digs into why startups fail and refers to CB Insights research on startup failure.

CoinDesk. Michael del Castillo (@delrayman) writes about the decline in blockchain capital and fintech trends and mentions data from the CB Insights Pulse of Fintech report with KPMG.

Huffington Post Tech UK. Reuven Cohen (@ruv) on the world of artificial intelligence security with a reference to CB Insights Trends comparing cybersecurity to AI to machine learning.

Love you always.


P.S. If you can't get a room at the Bacara Resort for The Innovation Summit, please ping me and we'll see what we can do.

Seed/Angel Watch
Here's a look at select early-stage deals from the past week.

1. Stasis Labs raises $5M seed VC
The company — which raised from RTP-HC, Techstars Ventures, and Wonder Ventures — has built a health monitoring system.

2. SentiOne raises $3.5M seed
The European social media monitoring company raised from Trigon TFI and Venture TFI.

3. raises $3M seed VC develops intelligent virtual assistants for financial service institutions. The company raised from IDG Ventures India and Kalaari Capital.

4. Klever Logic raises $3M seed VC
The parking technology company raised from 186K Ventures, Austin Ventures, Dan Sharplin, G-51 Capital, Sam Goodner, and Trellis Partners.

5. Mobalytics raises $2.6M seed VC
E-sports company Mobalytics raised from Almaz Capital Partners, Beta Bridge Ventures, Deep Space Ventures, Founders Fund, General Catalyst Partners, and GGV Capital.

Game changing startups

The year’s emerging trends to watch and high-momentum startups with world-changing potential. Get the report.
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Smart money VCs slow down their dealmaking to HR tech

NEA, Andreessen Horowitz, and Khosla are the most active smart money VCs in HR tech. See the data.
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The Blurb

A curated mix of articles on private companies, venture capital, emerging industries, and innovation.

The non-technical guide. Sam DeBrule (@samdebrule) provides a primer for non-technical people who want to understand what machine learning makes possible.
Machine Learnings

Why I became a venture partner. Ann Crady Weiss (@anncradyweiss) shares her journey from running two startups to becoming a venture partner.

True Ventures

Fundraising isn't predictable. Aaron Harris (@harris) says fundraising isn't a deterministic process and that some meaningful achievements won't automatically get you funded but might get you an investor's attention.
Aarons's Blog

Unicorns are overrated. David Coats (@coatsdavid) defines financings he's dubbed as "Triple Crowns" and believes they are better and rarer than unicorns.
Correlation Ventures

Silicon Valley wake up call. Justin Kan (@justinkan) says we need to create a more thoughtful and inclusive tech industry where everyone wins, not just the few.

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