--- title: Two Google alumni raise $11.3M to back AI startups that... description: Google alumni Bontia Stewart and Jackson Georges Jr. have closed an $11.3 million fund at BAG Ventures to back early-stage AI startups, betting that... canonical: https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for | daily.dev og:description: Google alumni Bontia Stewart and Jackson Georges Jr. have closed an $11.3 million fund at BAG Ventures to back early-stage AI startups, betting that... og:url: https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l og:image: https://api.daily.dev/og/posts/pUhfGRw8L.png og:image:alt: Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments ## Summary Google alumni Bontia Stewart and Jackson Georges Jr. have closed an $11.3 million fund at BAG Ventures to back early-stage AI startups, betting that enterprises are moving past experimentation and will pay only for AI products with proven, deterministic value. The firm has already backed 10 companies and writes checks between $100,000 and $500,000. Georges argues enterprises are shifting from paying for open-ended chatbots to paying for outcomes from multi-agent workflows, and that thin wrappers around frontier model APIs will get wiped out as labs launch competing products. The firm favors founders who own proprietary enterprise data, build for regulated industries, and develop identity/access management and zero-trust architecture for AI agents. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [VC firm Bessemer now has another $5.75B to invest in \(what else?\) AI](https://daily.dev/posts/vc-firm-bessemer-now-has-another-5-75b-to-invest-in-what-else-ai-tuc5mhtcf) · TechCrunch · 0 upvotes · 0 comments - [Google taps its alumni network for a new AI startup incubator](https://daily.dev/posts/google-taps-its-alumni-network-for-a-new-ai-startup-incubator-gf4holo88) · The Next Web · 9 upvotes · 0 comments - [Breakout Ventures raises $114M fund to back AI science startups](https://daily.dev/posts/breakout-ventures-raises-114m-fund-to-back-ai-science-startups-cfdryrpvt) · TechCrunch · 0 upvotes · 0 comments - [AI chip startups soak up $1.1B in VC funding this week](https://daily.dev/posts/ai-chip-startups-soak-up-1-1b-in-vc-funding-this-week-sbcfggett) · The Register · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#ai-agents](https://daily.dev/tags/ai-agents), [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for","url":"https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l"},"datePublished":"2026-09-30T12:02:12.804Z","dateModified":"2026-09-30T12:22:41.156Z","description":"Google alumni Bontia Stewart and Jackson Georges Jr. have closed an $11.3 million fund at BAG Ventures to back early-stage AI startups, betting that...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/10a444aa2443940f7000cd7103a10720?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/10a444aa2443940f7000cd7103a10720?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/two-google-alumni-raise-11-3m-to-back-ai-startups-that-enterprises-will-actually-pay-for-puhfgrw8l","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai,startup,ai-agents,venture-capital","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for"}]} ```