Webinar
AI Is Eating Software: Is B2B SaaS Dead?
Join a cross-firm panel of early-stage venture investors — Glenn Borok and Ron Levin of Alumni Ventures’ Seed Fund, John Harthorne, Founder and Managing Director of Two Lanterns Venture Capital and Gregory Raiz, General Partner at FoundersEdge — for a sharp, contrarian look at one of the most consequential debates in venture today: as AI rewrites how software gets built, sold, and used, is the B2B SaaS model that has defined a generation of returns actually heading toward extinction — or evolving into something new?
In this session, Glenn Borok and Ron Levin of Alumni Ventures’ Seed Fund will be joined by John Harthorne (Two Lanterns Venture Partners) and Gregory Raiz (FoundersEdge) for a multi-firm panel on what’s happening at the intersection of AI and B2B software — and why the seed stage is the front line of the debate. The panel will examine how AI-native companies are challenging traditional SaaS economics, what the rise of agentic workflows means for software’s pricing, packaging, and moats, and how four early-stage VCs are evaluating defensibility, business models, and which categories of B2B software look most vulnerable to disruption versus most likely to be reborn.
Whether you’re a current Seed Fund investor sharpening your view on AI’s impact across the venture stack, or an accredited investor evaluating early-stage venture for the first time, this session will give you a grounded, investor-focused take on a debate that will define which companies generate the next decade of returns. Register to hear directly from the investors underwriting these bets every week — and bring your hardest questions for the live Q&A.
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Why Attend?
- HomeDiscover why "AI is eating software" is reshaping seed-stage venture — and which categories of B2B SaaS look most vulnerable versus most likely to be reborn
- HomeUnderstand how the Alumni Ventures Seed Fund team evaluates defensibility, pricing, and moats in an AI-native world
- HomeHear what Glenn, Ron, and the team are seeing in real time across early-stage pitches and where they see the most compelling opportunities forming
Rated a Top 20 VC Firm by both TIME and CB Insights.
Alumni Ventures is America’s largest venture capital firm for individual investors.
About your presenters
Principal
Glenn Borok is a Principal on the Seed Team at Alumni Ventures, investing in early-stage AI, vertical SaaS, and fintech. Before joining AV, he was a Vice President at Jump Capital, where he sourced and supported investments in application-layer AI and go-to-market technology. Glenn previously worked on product strategy at LinkedIn for Sales Navigator and held roles at In-Q-Tel and Monitor Deloitte.
He is also the founder of inVest Ventures, a LinkedIn alumni micro-fund with nearly 200 LPs and a portfolio of early AI and B2B software startups. Glenn writes about startup strategy and AI on Substack and is a UC Berkeley & MIT graduate.
Overview:
Ron brings a dynamic blend of operational leadership, global business acumen, and values-driven investing to early-stage venture capital. As Managing Partner and Head of the AV Seed Fund at Alumni Ventures, he leads investments in bold, frontier technologies that span sectors and geographies. Ron’s experience ranges from founding and scaling unicorn-status startups to guiding impact-focused portfolios that generate both financial and societal returns.
Before joining Alumni Ventures in 2019, Ron served on the Investment Committee at Yard Ventures, AV’s fund for the Harvard community. His own entrepreneurial journey includes co-founding and leading TravelPerk, an enterprise travel management platform that reached multibillion-dollar valuation and global scale. Prior to that, he launched the B2B division of Booking.com and held strategic roles at McKinsey & Co., US Airways, the Maersk Group, and Lycos.
Ron studied entrepreneurship at Babson College and earned his MBA from Harvard Business School. A frequent speaker at global investor conferences and guest on top VC podcasts, he is also a passionate world traveler—having visited over 140 countries and all 50 U.S. states. He resides near Boston with his wife and three young children, and shares personal reflections and industry insights at ronlevin.substack.com.
Funds Actively Worked On:
- Seed Fund
- Yard Ventures
Investment Areas of Focus:
Ron’s investment strategy is grounded in the belief that moonshot ideas—when coupled with great execution—can generate asymmetric outcomes. He gravitates toward founders solving global-scale problems through advanced technology, with a particular interest in sectors such as:
- Enterprise software
- Fintech and edtech
- Life sciences and healthtech
- Clean energy and sustainability
- Space and advanced computing
He is especially drawn to companies that combine technical rigor with mission-driven ambition—ventures that challenge the status quo and improve lives across the economic spectrum.
His impact-focused philosophy is captured in his book, Higher Purpose Venture Capital, which highlights startups tackling root causes and symptoms of social and wealth inequality. Ron’s notable investments aligned with this “double bottom line” thesis include:
- Aprende Institute, empowering upskilling in underserved communities (edtech)
- Fido, extending digital identity and financial access in emerging markets (fintech)
- HopSkipDrive, transforming student and senior transportation (mobility) Provenance, enabling traceability and transparency in supply chains (cleantech)
- Surge Therapeutics, developing innovative cancer immunotherapies (biotech)
These companies reflect Ron’s broader vision: to support transformational technologies that deliver extraordinary outcomes—for both investors and the world.
Gregory Raiz is a General Partner at FoundersEdge, a venture capital firm dedicated to supporting early-stage founders building game-changing companies. Previously, Greg founded and served as CEO of Raizlabs, a four-time Inc. 5000 winner and pioneer in mobile technology development. After selling the business in 2017, he continued as Chief Innovation Officer with the acquiring firm and later served as Managing Director of Techstars Boston. With deep expertise in design and engineering, Greg has overseen hundreds of successful product launches for companies including AAA, Dunkin’ Donuts, GE, and Macy’s. He holds a Computer Science degree from Tufts University and remains an active angel investor and advisor.
John Harthorne is Founder and Managing Director of Two Lanterns Venture Capital, a seed fund investing in software startups in the U.S. and Israel. Prior to launching Two Lanterns, John was Founder and CEO of MassChallenge, the pioneering startup accelerator that supports high-impact startups through its equity-free, nonprofit model. Under his leadership, MassChallenge grew into a global network that has supported more than 2,900 startups, which have collectively raised over $8.5 billion in funding and created more than 185,000 jobs. The Boston Business Journal named John one of Boston’s 50 Most Influential Business Leaders. He received his MBA from the MIT Sloan School of Management, where he won the MIT $100K Business Plan Competition and the Patrick J. McGovern Award for his impact on entrepreneurship at MIT.