Notable Capital

"In the long run, the biggest hits tend to be the loneliest ones." Notable Capital Managing Partner Hans Tung sat down with Allie Garfinkle for Fortune's Term Sheet podcast, with a candid discussion on what makes a good investor, what Hans looks for in founders, his take on AI bubble anxieties, and more: https://lnkd.in/gCmGXy4M

Exclusive: the race to secure AI agents is on 🤖 Descope, led by a veteran team that previously sold cyber startup Demisto, thinks it has the right to win against bigger incumbents like Okta. With customers like Databricks, Navan and GoodRx, it's raised another $35 million to try. “Identity is critical, and we think it’s the enabler, the next frontier for agents,” CEO Slavik Markovich tells Upstarts Media. Fast facts on Descope ⚡ - Founded by 8 cyber vets from Palo Alto Networks who sold Demisto for $500M+ - VCs include Notable Capital, Lightspeed, Dell Technologies Capital, Unusual Ventures, Cerca Partners, Triventures - 1,000+ business users including You.com, GoodRx, Databricks, Navan - Contracts range up to $1M+ “They’re not doing this because they needed to start something new. They want to,” says investor Oren Yunger. “They have a chip on their shoulder, and they’re committed to doing something great here.” You can read the full story live on Upstarts and in your inboxes. A big thanks to partner Vanta for helping to deliver this week's edition to the wider startup ecosystem fully free 🚀 https://lnkd.in/e-HBejMf

Thrilled to see Vercel announce their Series F! From our first investment 4.5 years ago in their Series C to watching the team revolutionize web development, Guillermo Rauch and team continue to execute at the highest level. The future of AI development is already here, powered by Vercel’s AI Cloud. What started as the company behind Next.js has evolved into something far bigger: democratizing web development itself via AI. With their AI SDK, AI Gateway and v0.app, which is already generating 6.5 apps every second with 3.5M+ users, companies can focus on building intelligent applications and not managing complex AI infrastructure. v0 brings the best of agentic AI, breaking down complex tasks step-by-step. Less errors, faster iteration, and suddenly non-technical users are building full-stack apps with databases, integrations, and polished UIs. We recently wrote about how great infrastructure and AI companies scale profitably: Vercel went from 0% gross margins at $2M ARR to 70%+ margins at $200M+ ARR. As CFO Marten Abrahamsen told us: "Our hypothesis was: solve the hardest infrastructure problems and the margins will follow." (Link in the comments for the full blog post) At Notable Capital, we invest in founders who see the future before others. Guillermo didn't just build a deployment platform - he built the foundation for a new paradigm, one where anyone can build. Congrats to the entire Vercel team on this milestone. Vercel’s future is very bright! Cc: Dan Cahana, Oren Yunger

Just dropped a fascinating conversation with Dan Cahana and 🧑💻 Tony H., CEO and co-founder of Inngest, fresh off their $20 million Series A round. Tony covers: → Why abstracting complex infrastructure is both art and science → How AI agents are fundamentally changing developer workflows → Why developer experience and agent experience are converging Whether you're a founder, engineer, or investor in this space, this conversation is packed with tactical insights on product development, go-to-market strategy, and the future of software development in an AI-first world. The full episode dives deep into how Inngest is positioning itself as infrastructure becomes more abstracted and AI becomes more prevalent in every developer's workflow. Listen to "Building Developer Tools That Don't Suck: Inngest's Journey from Docker to $20M Series A" wherever you get your podcasts. https://lnkd.in/gizz7Aej

Congrats to Token Security for being named one of N12's Most Promising Startups of 2025! 🎉

The rise of AI has created a new challenge for software development: while LLMs make it easier to build initial prototypes, they also introduce non-deterministic complexity that makes traditional workflows unreliable. Inngest provides the reliability layer that modern applications need—handling retries, error handling, state management, and coordination between services so developers can focus on building rather than wrestling with infrastructure. Companies like SoundCloud, Tripadvisor, Contentful, and Day AI rely on Inngest to power their core workflows reliably at scale. After leading the Seed round, we're thrilled to double down on Inngest's $21M Series A and support the next phase of growth. Read the blog post from Dan Cahana: https://lnkd.in/gvVnu9cG Stay tuned next week for the podcast episode with co-founder/CEO 🧑💻 Tony H. — catch the preview below.

"Most people tend to only focus on Silicon Valley—but from where we sit, we see innovation happen everywhere." Hans Tung took the stage at Fortune Brainstorm for a panel discussion on global innovation in the age of AI. Watch the video in full here: https://f.io/Pdq1udGo

Today, we’re excited to unveil Plenful’s Intake Authorization Suite, the industry’s first end-to-end solution, powered by our proprietary Pharmacy LLMs across therapies billed under the pharmacy or medical benefit. Our partners like Renown Health and BioMatrix Specialty Infusion Pharmacy are already seeing major impact: 4x+ more capacity and 75%+ less manual work. We started Plenful after seeing the bottlenecks of pharmacy operations firsthand: chasing faxes, scouring disparate systems to complete prior auths, endless follow-ups and paperwork. Watching care teams burn out while patients waited. "Plenful’s AI platform has given us the scalable infrastructure we need to handle increasing medication volumes without proportionally increasing our staffing costs.” Renown Health A huge thank you to our customers - the nearly 100 leading health systems, infusion pharmacies, specialty pharmacies, and healthcare operations teams - for your trust and partnership. Our team is deeply dedicated to this mission: bringing healthcare’s back office into the modern era of AI-powered speed and precision. 👉 Read the full story on our blog (link in comments).