How I Raised a $3.5M Seed Round Led by Steve Jurvetson in 30 Days (January 7, 2021)

With a methodical approach to networking, LatentAI CEO and co-founder Jags Kandasamy closed a seed round with top Silicon Valley investors in 30 days. Kandasamy shares his networking methodology and tips on priming investors for your round before you’ve even built a product.

Register at Founders Network for Jags’ session on:

• Building Bridges before You Need Them
• Fundraising process that led to Tier 1 VC investment
• Scientific Approach to CEO Time Management
• Efficient Networking in a Pandemic
• 5 Elements of Startup Leadership

Speaker

Jags Kandasamy

Jags Kandasamy is the Co-Founder and CEO of LatentAI Inc. Jags is a serial entrepreneur starting his first business at the age of 21 enabling digital marketing in the early days of the internet. He is a quick study and his experience spans various industries such as financial services, healthcare, IT infrastructure, cybersecurity, industrial manufacturing, and internet of things.

Most recently he served as the Chief Product Officer for OtoSense. OtoSense was the first AI focused on making sense of any sound. This “machine hearing” platform perfectly adapted to complex environments and complex machine monitoring. Jags defined the product and focused on the Industrial IoT and Automotive space gaining significant traction. He grew the pipeline from zero to $4.1MM in 6 months. OtoSense was acquired by Analog Devices Inc and he decided to take a break before launching LatentAI from SRI International.

During his pre-Hewlett Packard days, Jags consulted with American Express, TSYS Healthcare, ADP, The Home Depot and First Data. The consulting engagements included launching new products and services along with refining operational efficiency of existing offerings. Jags also stumbled into the food services business operating a South Indian restaurant.

Jags holds a bachelor’s degree in computer science and engineering from Bharathiyar University, Coimbatore, India. He also holds a diploma in network-oriented computing from National Institute of Information Technology. Jags is based in Cupertino, California and is a big fan of English Premier League rooting for Liverpool FC.

Guests Are Welcome!

Please bring a guest! Every member can bring one (1) guest to each event. Each guest must be a full-time tech startup founder so they can bring new perspectives, skillsets, and experience to your chapter.

All guests must be full-time tech startup founders and you can register them directly on this function page. See How to Register a Guest here.

Confidentiality Reminder

All information shared within Founders Network is strictly confidential. We are built on a foundation of trust, and the community takes confidentiality seriously. Investors, members, and staff all share experiences and opinions off the record. In this roundtable forum, we continue to model our fnValues of Reciprocity, Humility, Authenticity and Inclusivity.