Alex Bard

I still remember when we had dinner with Scott. What started as a meal turned into three hours of animated conversation about SpaceX, rockets, control systems, compiler design, and why so much of the world’s critical hardware still runs on brittle, decades-old software. By the end of the night, we knew we had to be involved. Our conviction to invest came from Scott’s exceptional founder-market fit, real technical differentiation, and the scale of the opportunity ahead.

2025 was a year of unprecedented pulled-forward demand. Nearly all enterprises were tasked to define their AI strategies, and they tried everything. 2026, however, is when the rubber hits the road. Pilots will convert or quietly disappear. With yet another wave of foundation models, we see openings for new AI-native apps to leapfrog both legacy incumbents and the first generation of AI startups. Early AI market leaders will need to keep shipping or risk churn from enterprises seeking measurable ROI.

We're thrilled to announce that Patrick Chase has been promoted to Managing Director at Redpoint. Patrick's journey with us began nearly seven years ago, first as a summer intern. From the very beginning, Patrick stood out not just for his sharp intellect and technical depth, but for his humility, team-first mentality, and deep curiosity about what makes great founders and enduring companies. Since then, he's become a cornerstone of our enterprise investing practice.