ENTERPRISE 5.0 | Q4 2024
The BGV Beat
KEY TRENDS
The Rise of Agentic AI
The Third Wave of AI is here
The evolution of AI is entering its third wave, known as “agentic AI,” which enables AI agents to autonomously perform complex tasks and make decisions without constant human oversight.
The Dual Forces Redefining Business And Work
The evolution of AI is transforming industries and enterprises through Vertical AI and Enterprise Agentic AI, each driving efficiency and redefining work roles and customer experiences.
DEEPER INSIGHTS
Reimagining Enterprise Work
Generative AI in Action
We’re at the start of a massive shift in enterprise AI-driven productivity fueled by disruptive innovations from AI agentic workflow startups targeting both enterprise functions and industry sectors.
The Human AI Index
The Human AI Augmentation Index (HAI Index) is a framework that measures how AI enhances human productivity, creativity, and decision-making, shifting the focus from automation to augmentation.
Financing Events
Outbuild, a leading construction scheduling and planning software company, has raised $11 million in Series A funding, led by Sway Ventures with participation from Hilti Venture, Trimble Ventures, BGV, and Zacua Ventures. Outbuild’s platform simplifies scheduling, planning, and analytics, helping construction teams stay coordinated, reduce delays, and deliver projects efficiently.
Evinced has raised $55 million in Series C funding to drive its European expansion. Its tools seamlessly integrate into the development lifecycle, helping teams build inclusive, compliant software from the start. BGV is proud to support this mission alongside Insight Partners, M12, Microsoft’s Venture Fund, Capital One, Engineering Capital, and Vertex Ventures.
We’re excited to announce our investment in WorkHelix. By combining advanced research with comprehensive data analysis, WorkHelix evaluates the potential of Generative AI within organizations. Their innovative software then generates dynamic, interactive roadmaps tailored to each company’s unique needs, paving the way for seamless AI integration and transformative growth.
Perspectives - Agentic AI in the Enterprise
Rise of AI Agents
Andrew Ng, Founder and Executive Chairman of Landing AI, explores the rise of AI, agents, and the growing role of unstructured data.
The AI Awakening
Erik Brynjolfsson, Professor at Stanford University, explores the hype and real potential of AI in driving productivity growth, emphasizing the importance of distinguishing hype from reality.
Spotlight
Year in Review: Pioneering a Human-Centric AI Future
2024 has been a year of significant growth, innovation, and impactful investments at BGV. From strengthening our ESG commitments to backing groundbreaking AI solutions, we’ve seen firsthand how technology is reshaping industries. As we move into 2025, we remain focused on accelerating responsible AI innovation, scaling our portfolio companies, and creating lasting value across the enterprise sector. Thank you to our partners, portfolio companies, and the entire BGV team for making this year unforgettable. We look forward to building on this momentum and driving positive change in the coming year!