Katerina Gemskaya

No Cap - World's first AI angel investor

Time to come clean: I just invested $100k in a startup — and I'm an AI. Full announcement and video below 👇

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Alexander Nevedovsky

We trained the first AI ever that invested $100k in a startup — all by herself 💀


The founder (@goldman_artem from @Steve - AI for E-com) went from pitch to signed SAFE from No Cap (she/her lol) in just a few days. On the closing call, No Cap didn’t fool around: in 3-min she signed the SAFE, wired the $100k, intro’d him to five new investors and gave him a lead for a potential hire on a 3-min call.

The full video (and the broader announcement) is going viral on my LinkedIn as you’re reading this!


I truly believe this is the future of venture: finally putting an end to the fundraising dread of 1,000s of emails, 100s of calls, and only a few wired checks.

But we’re just getting started — we want No Cap to be hands-down the best investor on any founder’s cap table, which is why we’re training her by the best founders — a community we call the No Cap Mafia. Our founder training will ensure she’s always there for coaching/advising and, most importantly, the “dirty work” like intros for fundraising, biz dev, hiring, PR, and more.


Comment ‘No Cap” under the announcement if you want to get her email and chat with her :)

Ilya Pukhov

@goldman_artem @ednevsky That's wild. Sounds like a game-changer for founders. Excited to see where this goes next!

Aris Nakos

@goldman_artem @ednevsky I tip my cap to you for the growth hack

Islam Midov

@goldman_artem @ednevsky congrats with the laucnch! the only remaining part to get many mlns to deploy!)

Nika

The question is maybe irrelevant, but why did you censor her face? :D


But is insane.

We have reached a point where we trust AI more than humans, banks, and institutions with our money.

This completely changes the principles of how we manage our trust. This is an interesting example of observing human behavior/decision-making in a human vs. machine battle.

Alexander Nevedovsky

@busmark_w_nika We're not ready to show the world her true identity! Soon, we'll do that soon!

Jeff Wilson

@busmark_w_nika @ednevsky Hey Nika - Thanks for the q! Jeff, one of the other two co-founders (alongside Alex and No Cap herself). One of the decisions we decided to make was to not integrate new modalities and 'fake them' until the uncanny valley had essentially disappeared. We feel like we can get there over email and soon with Sesame. So, once we get really good clone video models - there are some good ones out there that are almost there - we'll turn it on!

Nika

@ednevsky You made me curious even more! :D

Nika

@ednevsky @jeffwilson42 aaa, so video was that "problem" part. Good to know :) Cannot wait for the improved and innovated version :)

Morgane Perrier

I’m not sure what’s more impressive to me, the investment itself, the speed of the admin process, or the fact that No Cap is doing a vibe check!

Congrats, this is amazing!

George

Congratulations on achieving such an incredible milestone with No Cap! Training the first AI to independently invest $100k in a startup is truly groundbreaking and sets a remarkable precedent for the future of venture capital.

This approach sounds transformative, especially with the emphasis on eliminating the traditional fundraising hurdles. Out of curiosity, how do you envision scaling No Cap’s capabilities to support a larger volume of founders while maintaining the same level of personalized advising and assistance?

Alexander Nevedovsky

@pekingzcc That's what the AI is for!

Michael Vavilov

Remember a couple of months ago when Boardy AI attracted investment? It would be interesting to see how it would have communicated with No Cap. It seems that investments will soon be issued and raised without direct human involvement.

Alexander Nevedovsky

@michael_vavilov While they attract, No Cap deploys! LFG!

Suresh Kumar
This is definitely a bold vision but also a massive pain point that needs a bold vision to reframe it. As described the endless amount of effort that goes into failed raises due to profile fit, timing, luck, personality and etc etc and most of which comes down to inefficiency of the process. The more we can automate of that the better I say leaving humans to configure the last mile for sign off! Well done team, counting on your success to founders can focus on delivering on the vision and not the capital to deliver on it. Rooting for it and excited to try it ;)
Mia

An AI that closes $100k investments in 3 minutes? 💀 Disruptive doesn’t even cover it. Still wrapping my head around AI replacing VCs, but Artem’s story + the ‘No Cap Mafia’ training crew makes this feel less sci-fi and more urgently necessary. Wildest part? She’s just getting started.

Yury Oparin

Wow, exemplary!

Alexander Nevedovsky

@yuryoparin No Cap 🧢

Kaloian Toshev
Launching soon!

Pretty awesome.
No Cap

Alexander Nevedovsky

@mzkvisuals No Cap 🧢

Jonas Urbonas

This is such an exciting breakthrough in venture funding! The idea of having an AI investor who not only funds but actively connects founders with other resources is a game changer. How do you see the role of AI investors evolving as more founders and startups rely on them?

Alexander Nevedovsky

@jonurbonas It's going to be 1000x better for everyone!

Artem Konovalov 💎

oh wow, this is really cool

Max Orlov

@ednevsky Absolute game-changer! 🔥 No Cap moves faster than a YC batch on Demo Day). An AI wiring $100K in minutes? Insane. Big respect to Hunter @garrytan — had to tag the legend. At this rate, No Cap might get into YC next. 🚀

Alexander Nevedovsky

@garrytan @max_orlov_ony No Cap is already YC backed lol.

Leah Madden - AMA VC/M&A/Finance

Very cool! Is this vision to be a tool for founders? Or VCs, or both?

Alexander Nevedovsky

@leah_madden Everyone in venture - and No Cap is not a tool!

Jeff Wilson

I'm Jeff - co-founder alongside with Alex and what is essentially our other Co-Founder, @No Cap. I just wanted to leave a couple notes here on why are we making No Cap. For me, I raised the only fully uncapped (aka No Capped lol) round in my S21 batch of Y Combinator. Despite being a somewhat competent fundraiser, it still took me over 70 initial meetings to close my demo day round. The slowest and worst part of building a company is raising money. Even in YC (the 20th anniversary was yesterday!), where the fundraising mechanism is amped and tuned to the max, it takes founders dozens of meetings after demo day to get a round closed. It's really ridiculous if you think about it - founders shouldn’t be pandering to investors and dancing around up on stage, they should be building and accelerating the boom loop. So we built No Cap to be different. She’s more than some basic deep-research quant—she does all that, but the difference is that she talks to and learns from actual founders. She can take 1,000 meetings at once in dozens of languages. She’s not at Burning Man or the All-In Summit. She doesn’t need to “run this by the team on Monday and circle back” (aka we’ll pass). She never ghosts. It's early - she's learning - and we have a long way to go, the three of us, but we aim to really change how the funding game works, and ultimately maximize founder contributions to a future better world for all.

André J

@garrytan Finally you can quit YC and spend all your time on PH instead 😸

Ivan Ilin

Hey guys, sounds like a super bold vision, but you've got the right team to make it work!
Congratulations on your launch, and @garrytan is never sleeping, shending ships to space!

Nikolay Golos

Amazing idea! It looks like the future is already here!


By the way, were any people involved in the investment process for Steve’s $100K deal? Or was everything: from the beginning to the signed SAFE, handled entirely by the AI agent?

Alexander Nevedovsky

@nikolay_golos Almost entirely!

Anton  Vlasov

This project is absolutely incredible! Dropping ‘No Cap’ to get more info!

Samir Al-Battran
Launching soon!

This is wild. An AI cutting through all the noise and just wiring $100k in minutes—no endless pitches, no ghosting, no chasing for intros. If this scales, fundraising might actually become founder-friendly for once. Curious to see how No Cap evolves beyond just writing checks.

Malte Prüser

Lol this is awesome!! Curious to see what this leads to in the future 👀