Investor Lucas Mittelmeier from Heal Capital relies on a language AI to save time in the procurement of information. However, he does not allow investment decisions to be removed from a AI.
Dr. Lucas Mittelmeier, Getty Images, Collage: founder scene

What to do with the always the same start-up pitches? For Lucas Mittelmeier from the Early-Stage-Healthtech-VC Heal Capital, the answer was clear: becoming more efficient.

“There is a lot of time to exchange the typical first information. As with a first date, where everyone tells the same thing,” says Mittelmeier. That's why he started an experiment three months ago.

“Call our AI analysts. You have 10 minutes”-that's how it has been on the Heal Capital website since then. Founders who upload their pitch deck have the opportunity not to present their startup to a person but a language AI.

Also read

AI in the Venture Capital: This is how the crawlers of investors find your startup

The AI about questions, provides information on the Heal Capital investment strategy – and creates a summary of the conversation, based on which Mittelmeier decides whether there is a follow -up interview.

How does the AI preview instead of VC Call?

Source: https://www.businessinsider.de/gruenderszene/technologie/ki-statt-kennenlern-call-dieser-vc-laesst-startups-erst-vor-einem-voice-bot-pitchen/

Leave a Reply