Triple S Ventures

🌟SuperAnnotate raises $36M in a Series B Funding Round🌟 SuperAnnotate, one of the first winners of Seaside Startup Summit, has come a long way since its initial breakthrough. What began as an idea rooted in PhD research at Sevan has now turned into a global success story in the world of generative AI and data annotation. 🚀Today, SuperAnnotate announced raising $36M in a Series B funding round, led by Socium Ventures and joined by top-tier investors like NVIDIA, Databricks Ventures, Lionel Messi’s Play Time Ventures, and more. This funding will further cement their role as a leader in creating and managing large-scale multimodal AI datasets, trusted by Fortune 50 companies worldwide. SuperAnnotate has transformed how enterprises build intelligent AI systems by addressing the “data wall” challenge—a bottleneck in creating high-quality, complex training data for cutting-edge AI applications. With innovative no-code/low-code platforms, they empower organizations to turn raw data into actionable AI-ready insights. 🏆 From their victory at Seaside Startup Summit to becoming a top-rated platform on G2 and a Forbes-recognized startup employer, SuperAnnotate exemplifies what’s possible when passion meets innovation. At Triple S, we are proud to witness such incredible growth from a Summit alumnus and are inspired by their journey. Here's to their continued success in shaping the future of enterprise AI!💡✨ Tigran Petrosyan Vahan Petrosyan Davit Badalyan Tigran Hakobyan https://shorturl.at/wfRmR

🏆We’re thrilled to announce that Sparxell, one of our portfolio startups, has won the prestigious Sustainability Venture Award at the Falling Walls Foundation in Berlin!🌍 Selected from over 1,000 startup nominations, Sparxell’s bioinspired pigments will continue making waves in sustainable innovation, and we couldn’t be prouder! Sparxell is a pioneering UK-based startup founded by University of Cambridge scientists revolutionizing the pigment industry with fully biodegradable, non-toxic, high-performance pigments from cellulose. Currently, Sparxell collaborates with industry leaders like LVMH, CHANEL, and L'Oréal. It's innovative pigments offer a #sustainable alternative to traditional synthetic pigments, which often contain harmful chemicals and contribute to environmental #pollution. Congratulations to the team and best of luck in their future endevaurs🎉 Benjamin Droguet Simon Kew

Ready for another round?🎤 Let’s listen to another startup’s elevator pitch.  What’s your take on their approach? Share your feedback!🚀👇 #TripleSVentures #TripleS #StartupPitch #VCFeedback #Entrepreneurship Muhannad Taslaq

🌍Global venture funding continued to slow down in Q3 2024, reaching $66.5 billion—a 16% drop from last quarter and 15% lower year over year. We're seeing a persistent decline in startup funding, with this quarter marking the second time since the downturn began that funding dipped below $70 billion. Late-stage rounds, especially those over $500 million, took the biggest hit. But despite these numbers, there's still room for optimism. The fluctuations we've seen quarter over quarter could indicate a rebound on the horizon. What do you think—are we nearing the bottom of the funding cycle or there will be a turnaround? Let’s discuss!🔍💡 Read more here: https://lnkd.in/gvWZ_wXa #VCTrends #StartupFunding #GlobalInvestment #LateStageFunding #TripleSVentures #TripleS

🤖 The Evolution of SaaS Pricing in the Age of AI: From Per-Seat to Value-Based Models 💡 As AI transforms industries, it's pushing the traditional SaaS model towards obsolescence. The once-dominant per-seat or per-user pricing approach is giving way to outcome-based and AI-driven pricing, where companies pay for what matters: results. 🔹 Salesforce has already moved in this direction with its Agentforce platform, charging $2 per conversation rather than per user. This trend mirrors the shift we’ve discussed before—the end of the SaaS era as we know it. AI is redefining how software delivers value, moving beyond subscriptions to create real, measurable business impact. 1️⃣ Value-Based Pricing: Instead of charging based on the number of users, SaaS providers should bill for the outcomes AI delivers—whether it’s conversations handled, transactions processed, or problems solved. 2️⃣ AI-Driven Tiers: Offer flexible pricing where customers pay based on the mix of AI and human interaction they choose. Companies can scale as their need for AI-driven automation grows. 3️⃣ Reframe Your Value Proposition: Emphasize how AI is enabling smarter decisions, predictive insights, and optimized processes that offer competitive advantages. As we continue to rethink software’s role in business, AI is not just a tool but a strategic advantage. SaaS companies who embrace this shift will position themselves at the forefront of this new era. Read more: https://lnkd.in/gtxeeAex #AI #SaaS #PricingModels #DigitalTransformation #BusinessInnovation #VentureCapital #TechTrends #TripleS #TripleSVentures

🚀 The End of the SaaS Era? A Bold New Vision for Software in Business 💡 Is the SaaS era coming to an end? 💻 A new thesis suggests that the days of SaaS as the dominant software model may be numbered. Here's why: 1️⃣ Commoditization of Software: With AI and accessible dev tools, sophisticated software is easier to create, driving down value and prices. 2️⃣ Challenges with SaaS: Retaining customers has proven tougher than expected, with pricing pressures and increased competition. 3️⃣ Rethinking Software: Instead of SaaS subscriptions, software is becoming a business weapon—enhancing existing industries by improving efficiency by 20-30%. 🔥New Paradigm in Action: Klarna is a great example—opting to shut down SaaS providers like Salesforce and Workday, replacing them with in-house AI solutions. This shift marks an exciting opportunity for tech companies to leverage software as a tool to dominate and transform traditional industries🛠️ The future of business could be about owning enhanced, efficient real-world assets. Read more here: https://lnkd.in/dC9zbTif #SaaS #AI #BusinessTransformation #Software #TechTrends #DigitalInnovation #FutureOfTech #TripleSVentures #TripleS

🚀Exclusive interview with our managing partner Avag Simonyan within the frameworks of Soulful Entrepreneur Podcast. The podcast dives deep into the world of venture capital, sharing the journey behind Seaside Startup Summit’s rise, the founding of Triple S Ventures and what it takes to stand out as a founder in today’s market. ✨ Essential traits VCs look for ✨ How a founder’s personality impacts investment ✨ Handling co-founder conflicts ✨ Perfecting your pitch and understanding valuation ✨ Building genuine relationships with investors If you’re an aspiring entrepreneur or founder ready to level up, this episode is for you! Tune in to learn how to navigate the venture capital world with confidence and insight🎧 🎙️Youtube - https://lnkd.in/dkYZfAMF

Remember Muhannad Taslaq, the Director of Investments at Alchemist Doha? Let's follow him through this #ElevatorPitch.  What feedback would you give this startup?💡 #TripleSVentures #TripleS #StartupPitch #VCInsights #AlchemistDoha

📉 SaaS Startup Funding: Cooling Down in 2024 🛑 SaaS and enterprise software, long the darling of the venture world, are seeing a noticeable drop in funding this year. So far, SaaS companies have raised $4.7 billion in 2024, setting the year on course to fall well below 2023’s $17.4 billion tally. ▪️ Public SaaS companies like Salesforce and UiPath are facing challenges, with stocks down sharply. ▪️ The Bessemer Cloud Index has underperformed the Nasdaq and S&P 500, sliding into negative territory. ▪️ Despite the overall dip, some large rounds are still being raised, like Wiz’s $1B Series E and Glean’s $200M Series D. While it's not the megadeal frenzy of 2021, SaaS still holds strong as key players continue to navigate a tough environment. Read more here: https://lnkd.in/gEywZCFJ #SaaS #VentureCapital #EnterpriseSoftware #StartupFunding #TechTrends #PrivateMarkets #TripleS #TripleSVentures

🌍 Global VC Ecosystem Rankings: A Look at Shifts and Growth🚀 The latest updates of 2024 reveal fascinating insights into the global VC ecosystem and its evolving dynamics: 🔹 San Francisco continues to dominate with a significant lead, followed by New York and Beijing. 🔹 The US tops the charts, with 10 locations in the top 20 for Development Scores, highlighting its role as a key global player. 🔹 London leads Europe, while Beijing and Shanghai represent Asia’s strength in the top rankings. 🔹 Exciting new entrants in the Growth Scores include Hefei and Dubai, with Switzerland emerging as the fastest-growing country. As investors, staying attuned to the changing landscapes of venture ecosystems can be the key to unlocking new opportunities. Read more: https://lnkd.in/dVhNB_ZF #VentureCapital #GlobalRankings #StartupEcosystem #PrivateMarkets #VCInvesting #TripleSVentures 4 #TripleS