AI has swept the venture capital space by storm, and AI startups have received more than half of all VC investment dollars so far in 2025. However, a subtler narrative is also deeply impacting the industry: AI is radically changing how venture capital firms source portfolio companies, do diligence, manage portfolios, and communicate with LPs. In this piece, we’ll quickly dive into how AI is shaping what investors are investing in, but then dedicate the majority of our report to analyzing how AI is changing the VC investment process itself.
From a Q&A with AI-powered sourcing platform Specter about how VCs are using filterable signals to find the right prospective investments more quickly, to a case study with Riot Ventures on how AI-driven deep research is turbocharging diligence, to a look at how Standard Metrics is powering data collection and easier analysis via AI, this guide is your one stop shop for understanding the AI tools and processes VCs are adapting to transform their investing process behind the scenes.