AcquisitionMeta
Acquired Manus for $2B.
Thesis 8.5 · Stage 9.0 · Sector 8.2
↑ 0.4 vs fund baseline · Rank #2
3 in pipeline · 2 similar approved
Deal velocity 0.4/mo · IC correlation 0.91
Compatibility score
Discovery-first infrastructure that turns your historical behavior into measurable, explainable compatibility scores.
AcquisitionMeta
Acquired Manus for $2B.
Thesis 8.5 · Stage 9.0 · Sector 8.2
↑ 0.4 vs fund baseline · Rank #2
3 in pipeline · 2 similar approved
Deal velocity 0.4/mo · IC correlation 0.91
Compatibility score
Lovable
Hit $200M ARR in 12 months.
Thesis 9.0 · Stage 8.8 · Sector 9.1
↑ 0.5 vs fund baseline · Rank #1
5 in pipeline · 4 similar approved
Deal velocity 0.6/mo · IC correlation 0.94
Compatibility score
Cursor
AI-native IDE adoption surging.
Thesis 8.4 · Stage 8.9 · Sector 8.5
↑ 0.3 vs fund baseline · Rank #4
2 in pipeline · 1 similar approved
Deal velocity 0.3/mo · IC correlation 0.87
Compatibility score
Small and mid-sized funds operate on Airtable pipelines, Notion docs, Excel valuation models, manual IC memos, and analyst intuition. These tools organize data. They do not organize decision logic.
This leads to:
What Thera does
We don't replace judgment. We structure and contextualize it.
Ranked startup discovery aligned to fund DNA.
Every startup is structured across universal decision dimensions, compared to your historical approvals, and ranked dynamically.
Structured similarity scoring across universal dimensions.
Weighted similarity scoring, approval vs rejection baselines, dimension-level breakdown. No black-box AI — explainable outputs.
Historical behavior becomes measurable and comparable.
Your fund's decision DNA becomes a structured, comparable layer that improves discovery over time.
No black-box hallucinations. No mystical AI. Just structured reasoning applied at scale.
Structured dimensions, comparable across deals.
Approval vs rejection baselines from your history.
Explainable, dimension-level reasoning.
Deterministic logic, no hallucinations.
IC-ready, auditable scores and reports.
Example compatibility breakdown
Funds that want intelligence — not complexity.
A structured decision layer applied at discovery and dealflow.
Thera becomes daily infrastructure: check ranked discovery, review compatibility changes, compare startups, generate IC-ready reports, track decision patterns.
Your fund becomes increasingly self-aware.
Get early access and start building structured intelligence from your next deal onward.