Amplify Community Update 11/13/24

Pryzm, an AI-powered intelligence platform to accelerate government contract capture, announced its $2M Pre-Seed, led by Amplify.LA and XYZ Venture Capital, with participation from First In. With a mission to simplify the intricate government contracting landscape, Pryzm’s platform consolidates crucial data from contracts, congressional hearings, and industry updates, providing startups with a clearer path to securing deals. By surfacing targeted opportunities and insights, Pryzm empowers early-stage defense tech companies to overcome traditional barriers, enabling them to thrive in the competitive defense sector. Read more about why we invested in Pryzm here. 

Heliux, the enterprise operating system for industrials, announced its first module release, Product OS. Product OS is a modern product data and lifecycle management solution that sits at the heart of the Heliux platform. This module is a critical first step towards building an all-in-one enterprise operating system for industrials, Heliux’s solution to replace the antiquated PLM, ERP, and MES stack. Starting with Product OS seamlessly integrate engineering development with downstream operations across supply chain and manufacturing, achieve true end-to-end visibility and traceability of your hardware, and operate to a single source of truth.

DigitalEx, a real-time hybrid and multi-cloud FinOps control plane, was recently featured in VentureBeat for addressing a critical need in today’s AI-driven world: managing LLM costs as a strategic imperative. Their latest innovation provides enterprises with powerful tools for real-time tracking and analysis of generative AI expenses, allowing companies to align costs with business goals better. VentureBeat highlighted how this solution helps organizations take control of AI investments, ensuring they’re both financially sustainable and strategically impactful.

Sourcetable’s AI spreadsheet launched on Hacker News. Sourcetable uses AI to bring intelligence to common spreadsheet workflows, including data cleaning, summarization, analysis, formula suggestions, charting & graphing, etc. It is popular with students, virtual assistants, analysts, and operations folks. Their spreadsheet-based research assistant is launching later this month. Free to trial, the easiest way to try Sourcetable is to upload a CSV and start asking questions. 

2024 Raise Global Summit 

Amplify was selected (for the 5th year in a row) as one of 100 funds (out of 1,000+ applicants) to join the 2024 RAISE Global Summit! This annual event brings together top limited partners (LPs) and emerging general Partners (GPs) in the venture capital world. The summit featured rapid-fire presentations from 24 GPs, panel discussions, and LP-led roundtables, creating a high-energy platform for collaboration. The summit continues to be a valuable space for building relationships and exploring new investment strategies and we were thrilled to be at the event.

LA Tech Week 

Since Amplify’s founding in 2011, we've proudly witnessed the rapid growth of LA's tech scene. This year’s #LATechWeek took it to the next level as a dynamic series of in-person events across Los Angeles and San Francisco, bringing together startup founders, investors, and the venture community. With over 1,200 events and 45,000 attendees registered, the energy was unmatched as these hubs connected on an unprecedented scale. We were thrilled to host an event alongside our friends at Wonder Ventures, Fenwick, Stifel, and CDW. Together, we successfully hosted our version of a Demo day, matching up 20+ VC partners and 20+ innovative, LA-based companies. We also closed the night with a Happy Hour to connect with the broader LA community. We can’t wait to see the fantastic events next year's Tech Week will bring. 

2024 Let’s Talk Ops (LTO) Summit

Amplify was honored to attend the 2024 Let's Talk Ops (LTO) Summit, held in Oceanside, California. LTO is a community of first-class operators powering some of the world's most successful venture capital firms from behind the scenes. The summit provides a place for people in Platform & Operational roles in VC to engage in insightful discussions, share best practices, and explore innovative operational strategies.

Check out our latest Job Board on the Amplify Website! Find the latest job openings and positions throughout our entire portfolio. you can apply directly, or if you know anyone who could be a fit, feel free to pass it along!