Early-stage software investing being reshaped: Nexus Venture
As AI adoption accelerates, the benchmarks for early-stage software investing are being reshaped. Just a few years ago, $1 million in annual recurring revenue (ARR) was enough for a SaaS startup to go for a Series A round. Today, the new threshold, at least for top-quartile AI SaaS companies, is closer to $3-5 million, says Arjun Gandhi, vice president at Nexus Venture Partners.
