Founder-in-Residence/CEO (AI Powered IoT for Energy Platform)

Landing AI

Landing AI

Software Engineering, Data Science
Posted on Tuesday, April 16, 2024
AI is the new electricity: Just as electricity transformed numerous industries starting 100 years ago, AI is now poised to do the same. AI Fund is an early stage venture firm founded by Dr. Andrew Ng in 2017. Our portfolio companies utilize AI technology and applications to improve processes and efficiency. The AI Fund team combines their experiences as AI pioneers, entrepreneurs, venture capitalists, investors, and operators. We are backed by a $176 million-dollar fund from top-tier VC firms.
Together, let’s build great companies that will move humanity forward.
Why Partner With AI Fund: We’ve been there. We’ve founded and scaled successful companies ourselves, and we know that creating meaningful startups is really hard. Many entrepreneurs toil with ideas for years. Many spend time building something without the foresight of limiting factors that could have been easily dismissed upfront. Accomplished execs often teeter between a desire to start a company and creating something great versus taking a job that is less fulfilling. If only someone could help with taking the risk out of turning an idea into reality and accelerate the company building process, more people would be inspired to start a company.
Coming up with great ideas, sussing them out, assembling great teams, and helping raise capital is what we do. We shorten a process that can take years down to months. We make sure you are going after the right market, are fully validated, and are surrounded by great teammates. Lastly, we make sure you see the world through the lens of a data scientist and machine learning expert, which is the perspective any meaningful company in the future must have. But we also know that the process is not about us. It’s about great Founders and empowering them to do great things.
Co-build with an industry partner: This new company will be launched in partnership with The AES Corporation (NYSE: AES), a Fortune 500 global energy company accelerating the future of energy. Together with their many stakeholders, they are improving lives by delivering the greener, smarter energy solutions the world needs. Their diverse workforce is committed to continuous innovation and operational excellence, while partnering with their customers on their strategic energy transitions and continuing to meet their energy needs today.
About PC: AI Fund and AES have together launched a new AI-first solution that is pioneering how capital-intensive sectors handle asset maintenance needs. Our vision is to change the operating paradigm around maintenance workflows and its associated decision-making processes, ensuring that every maintenance action is not only timely but also aligned with the critical importance of each asset and its financial impact to the organization. By automating and continuously optimizing the way maintenance requests get addressed, this company will minimize asset downtime and enhance the strategic impact of the asset management function. Join us in our journey to redefine maintenance workflows. Together, we are not just solving maintenance challenges; we are transforming the future of asset management.

What You Will Be Doing:

  • Strategic Leadership: Develop and implement company vision and growth strategy, starting with the renewable energy market.
  • Collaborate with AI Fund and AES to launch and scale the new company.
  • Prototype Development: Drive the creation of a viable AI-driven asset maintenance management prototype for the renewable energy sector.
  • Financial Strategy and Fundraising: Prepare a pre-seed investable pitch deck, secure funding, and build a financial forecast.

What You Must Bring:

  • Entrepreneurial Leadership: Demonstrated experience as a Co-founder or early stage CEO, with a strong experiences in strategic planning, business model innovation, and securing early-stage venture funding
  • Stakeholder Management: Strong negotiation and relationship-building skills, with the ability to engage with a range of stakeholders from technical partners to investors.
  • Leadership and Team Building: Experience assembling and leading teams through the early stages of a start-up, with a focus on rapid development cycles and agile methodologies.
  • Technical Aptitude: Strong understanding of AI technologies and the use of IoT for asset maintenance, blending predictive analytics with workflow automation solutions.
  • Proven GTM Expertise: Extensive experience in developing and implementing successful GTM strategies.
  • Communication Skills: Exceptional communication and interpersonal skills, capable of building relationships with internal and external stakeholders.
  • Adaptability: Ability to thrive in a fast-paced, evolving environment, making informed decisions under uncertainty.

Nice to Haves Include:

  • Experience in co-founding a B2B SaaS startup within the energy sector.

Characteristics We Value:

  • Accountability: an obligation or willingness to accept responsibility or to account for one's actions while doing so with the highest regard for integrity.
  • Leadership: able to influence others to follow you and lead the team to a brighter future.
  • Grit: able to stick with projects and work hard through good and bad times. High pain tolerance and can perform well under stress or pressure.
  • Scrappy: Takes initiative and proactively gets things done with low resources, but doing creative things, begging, borrowing, and whatever is needed in an ambiguous environment or situation.
  • Ownership orientation: Demonstrated orientation of extreme ownership over all aspects of the company and extremely results-driven in nature.
  • #LI-DNI
At AI Fund, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. AI Fund believes that diversity and inclusion among our employees is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Selection for employment is decided on the basis of qualifications, merit, and business need.