49 Palms Ventures Activity Every public signal F4 has attached to this firm, with sources and cross-entity links.
Investment
Participated in Elorian AI's $55M seed round at $300M valuation. Elorian builds visual reasoning AI models for robotics and industrial applications. Elorian
Participated in Rogo's $75M Series C led by Sequoia Capital. Rogo is an AI platform for financial institutions and investment banking teams. Milestone
Portfolio company Ricursive Intelligence raised $300M Series A at $4B valuation, becoming a unicorn within weeks of its seed round. Ricursive Intelligence
Essay
Madhavan Ramanujam contributed predictions on the next major AI shift in Nikhil Basu Trivedi's widely-read annual forecast. The next big thing in 2026: Madhavan Ramanujam prediction
Investment
Participated in Ricursive Intelligence's seed round alongside Sequoia Capital, Radical AI, and others. Ricursive is a frontier AI lab automating chip design. Ricursive Intelligence
Press
Both GPs featured in WSJ discussing AI pricing models and revenue transparency challenges at early-stage AI startups. Wall Street Journal: What's a Young AI Startup Earning?
Podcast
Madhavan Ramanujam appeared on The Full Ratchet discussing AI pricing models, freemium guardrails, and monetization strategy for early-stage founders. The Full Ratchet, Episode 492: Prioritizing Monetization
Investment
Participated in Delphi's $16M Series A led by Sequoia Capital for an AI platform enabling experts to scale their knowledge as digital minds. Delphi
Essay
Josh Bloom and Madhavan Ramanujam co-authored a pricing guide for AI software covering seat, usage, outcome-based, and hybrid models. Charging for Intelligence: How to Price AI Software
49 Palms Ventures — Activity | F4