KP Monthly Recap: October & November
With many founders aiming to launch before the holidays, the last two months at KP have been packed with announcements and events. In October and November, we launched five new portfolio companies: Summation, Parallel Web Systems, Maxima, Reevo, and Wisdom AI.
Our partner Ilya and Harvey co-founder Gabe Pereyra took the main stage earlier this week at the Slush conference in Helsinki to discuss how Harvey is reshaping the legal industry. Their conversation covered what it takes to build trust in the legal field, how to scale responsibly in a highly regulated space, and where Harvey is headed next.
Earlier this month, Leigh Marie Braswell spoke at The Information's WTF Summit alongside Index's Nina Achadjian. Leigh Marie noted that the AI boom is making hiring harder as more top engineers and researchers choose to start companies rather than join them. She also said “being a founder has never carried higher status,” and investors are increasingly rewarding teams that can still attract great talent.
In podcast news, Grit received two Signal Awards: gold for Best Video Podcast Guest and a bronze for Best Video Editing for a Podcast Series.
Here’s a quick summary of what else we’ve been up to:
KP Featured Content:
Meet Parallel: Building the Infrastructure for AI
Meet Reevo: The Intelligent Revenue Operating System
Meet WisdomAI: The AI Data Analyst For the Enterprise
Meet Summation: Pioneering Decision-Grade Intelligence
KP Portfolio News
- Reuters: AI accounting startup Maxima raises $41 million in Kleiner Perkins-backed round
- TechCrunch: AI data startup WisdomAI has raised another $50M, led by Kleiner, Nvidia
- Bloomberg: Khosla Ventures and Kleiner Perkins Back AI Startup Reevo
- Newcomer: EXCLUSIVE: Parag Agrawal’s Parallel Web Systems Raises $100 Million to Help AI Agents Search the Web
- Geekwire: Opendoor co-founder brings Seattle-area startup Summation out of stealth with $35M in funding
- Bloomberg: EQT Invests in Legal Startup Harvey to Fuel International Growth
- Axios: Exclusive: Nova Credit raises $35M to scale cash flow underwriting
- Upstarts: Handshake's CEO Declares 'Refounding' Of His $3.5B Startup, All Around AI
- Reuters: Ex-Twitter CEO Agrawal's AI search startup Parallel raises $100 million
- TechCrunch: Inside Harvey: How a first-year legal associate built one of Silicon Valley’s hottest startups
Jobs In Our Portfolio
- Reevo has 36 open roles, including Customer Support Lead, Product Designer, and Software Engineer.
- Summation has 7 open roles, including Senior Product Designer, Forward Deployed Engineer, and Senior Product Engineer.
- Maxima has 19 open roles, including Account Executive, Software Engineer, and Business Development Representative.
- Glean has 146 open roles including Product Manager, AI Outcomes Manager, and Software Engineer, Machine Learning.
- Synthesia has 68 open roles including Community Manager, Software Engineer, and Head of Communications (US).
Full list of available jobs: https://jobs.kleinerperkins.com/jobs
Grit Podcast
- Aidan Gomez – Cohere CEO
- Howard Lerman – Roam CEO
- Dan O’Connell – Front CEO
- Mati Staniszewski – ElevenLabs CEO
- Grant Lee – Gamma CEO