When industrial AI startup CVector meets with manufacturers, utility providers, and other prospective customers, the founders are often asked the same question: Will you still be here in six months? A year?
It’s a valid concern. In today’s tech landscape, the largest and wealthiest companies are aggressively pursuing top talent with generous compensation packages. They’re also targeting promising AI startups with acqui-hire deals, where acquisition is more about acquiring people than products. For customers relying on critical software, the risk of a startup vanishing or being absorbed by a larger company is real.
CVector’s founders, Richard Zhang and Tyler Ruggles, are clear in their response: they’re not going anywhere. That consistent reassurance is a key part of their pitch to clients — a group that includes national gas utilities and a California-based chemical manufacturer — who use CVector’s software to optimize and oversee their industrial operations.
“When we talk to some of these big players in critical infrastructure, the first call, 10 minutes in, like 99% of the time we’re gonna get that question,” Zhang told TechCrunch. “And they want real assurances, right?”
To help address that concern, CVector partnered with Schematic Ventures, a firm that recently led the startup’s $1.5 million pre-seed round. Zhang said they deliberately sought out investors who are deeply familiar with the challenges of supply chains, manufacturing, and software infrastructure — areas where Schematic has built a strong reputation.
Julian Counihan, the Schematic partner who led the investment, explained that startups have a few ways to ease customer anxiety. Some are structural, such as placing code in escrow or providing a free, perpetual license if the company is acquired. But in many cases, the reassurance comes from something more personal: “It comes down to founders being mission-aligned with the company and clearly communicating that long-term commitment to customers,” he said.