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Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

  • Sarah Smith has launched a $16 million Fund I for her solo GP firm, Sarah Smith Fund, relying heavily on AI for efficient decision-making and support for founders.
  • Smith believes that AI can unlock potential for solo GPs in early-stage investing, enabling faster decisions without the need for committee approval.
  • With Fund I, Smith aims to invest in 50 companies, having already backed 17 startups with an average check size of $250,000, targeting mainly startups in the Stanford ecosystem.
  • Limited partners for Fund I include Pear VC, Ulu Ventures, and Verdis Investment Management, with a strategic focus on leveraging AI and the Stanford ecosystem for successful investments.

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