Kevin Novak trained as a nuclear physicist before becoming Uber's 21st employee, where he invented its dynamic pricing system and spent nearly seven years building its data products, later drawing on that logistics experience to back Nash and help hire its early team. At Rackhouse Venture Capital, he focuses on AI companies solving real problems rather than chasing hype, helps founders directly with hiring, sourcing, and closing customers, and also helped found the Greylock Data Science Community while advising universities on their data science programs.
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AI, Data, Enterprise, Logistics, SaaS
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Rackhouse Venture Capital was founded by Kevin Novak, Uber's first Head of Data Science and inventor of its dynamic pricing product, and the firm focuses on backing pragmatic founders who use AI to solve real-world, often overlooked problems in areas like supply chain, manufacturing, construction, and corporate travel rather than chasing generic AI hype. It looks for founders who already know their first customers and can turn AI into usable products, and it invests not just in the Bay Area but across the U.S. and in other regions, including East Africa.
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