Hike Ventures

Investment approach

Thesis

LLMs have learned the public internet. The next frontier is private, operational context. Since day one, we have backed startups that solve real-world problems with proprietary data — not foundation models themselves. As intelligence becomes more commoditized, enduring value will come from data that cannot be scraped from the internet: data created through trust, workflows, and repeated interaction with customers and industries.Source (opens in a new tab)