In the dynamic world of startup funding, angel investors play a crucial role, providing vital early-stage capital and mentorship. Traditionally, their investment decisions have leaned heavily on gut feeling, personal networks, and qualitative assessments of a founder’s vision and market opportunity. However, a significant shift is underway, fueled by the exponential growth of artificial intelligence (AI) and the increasing availability of data: the rise of data-driven due diligence in angel investing.
No longer solely relying on intuition, today’s savvy
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Collate, the Menlo Park, CA-based the innovative company behind the rapidly growing open-source project OpenMetadata, announced that it was successfully funded $10 million in Series A funding. The round, led by Venrock with participation from strategic angel investors from Unusual Ventures and Karman Ventures, positions Collate to significantly accelerate its mission of solving complex data intelligence challenges for enterprise customers.
Despite massive investments in data platforms, businesses globally continue to grapple with extracting full value from their data and AI initiatives. The explosion 
In the fast-paced world of entrepreneurship, the traditional business plan often feels like a relic from a bygone era. Imagine spending weeks, even months, crafting a meticulously detailed document, only to have market shifts, technological advancements, or unforeseen challenges render large sections of it obsolete within a year. It’s a common scenario that highlights a fundamental flaw in the static, “set-it-and-forget-it” approach to business planning.
The truth is, a business plan isn’t a tombstone marking the end of your planning efforts; it should 
Parspec, a San Mateo, CA-based developer of an artificial intelligence platform designed to serve the supply chain for the building and construction industry. The company’s platform provides information and online workflows to support the selection and sale of construction products by leveraging artificial intelligence to create a submittal instantly, enabling sales agents and distributors to author and manage product submittals online hassle-free.
Parspec was funded $20 million led by Threshold Ventures (formerly DFJ), with participation from existing venture investors including Innovation Endeavors, Building Ventures, 
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