Scaling credit underwriting & investing with fine-tuned AI models
8vdx is building fine tuned AI/ML models to massively scale up the capabilities for hedge funds and private credit funds to analyze, underwrite and manage debt securities. 8vdx also manages a venture marketplace, eightcapital.com, which raises funds from accredited investors to invest in venture debt and equity of Y Combinator startups.
Jobs at 8vdx
Active Founders
Ravi Chachra, Founder
Ravi is a YC founder, 8vdx.ai (W22), and has invested in over 150 YC companies through a demo day fund, Eight Capital. In 1999, he co-founded SNAZ, a venture backed mobile wallet and universal shopping cart. After the Dot.com bust, he set up a distressed fund to acquire busted convertibles bonds of tech cos that could thrive in the future. In 2019, he set up a pvt. credit fund which was sold in 2021 to his JV partner, J.C. Flowers & Co. Ravi holds a Degree in Computer Science and a Wharton MBA.
Vijay Lavhale, Founder
Vijay is the Co-Founder of 8vdX, where he applies AI/ML to revolutionize credit investing workflows for large-scale, multi-billion-dollar funds. He also invests in early-stage tech startups through Eight Capital, which has backed over 150 Y Combinator companies in recent years. Vijay brings deep analytical and quantitative expertise from his experience at Goldman Sachs. A CFA charterholder and seasoned tech operator, he is dedicated to advancing credit investment practices through technology.
Company Launches
Hello, YC community! We're Ravi and Vijay, data enthusiasts and startup founders who've faced the significant challenge of quantifying startup success. Through our experiences in building and growing companies, we've recognized a glaring need in the market for transparent, accessible benchmarking and valuation metrics—tools that rely on data rather than just intuition or incomplete data. Here is a quick demo.
What Yardstick Offers:
Yardstick delivers comprehensive tools for accurately benchmarking startup performance and estimating valuations. Our platform utilizes an extensive dataset of startup performance metrics, providing growth rate percentiles to precisely position startups against a broad database. Moreover, Yardstick computes valuation estimates through sophisticated models that analyze KPIs in relation to valuation data and qualitative insights from hundreds of startups.
The Problem and Our Journey:
Navigating the vibrant startup ecosystem, we found that evaluating these ventures has traditionally been more art than science_. Our experience in assessing hundreds of early-stage startups for equity and debt investments revealed the difficulty of understanding their market standing without resorting to costly market research or external consultants_. This challenge inspired the creation of Yardstick.
Our Solution:
Yardstick seamlessly integrates into the workflows of fintechs, investors, and entrepreneurs wanting to underwrite a startup’s performance. Our solution offers not just KPI benchmarking but also insights into current valuations. With both an API and a user-friendly web application, Yardstick serves both technical and non-technical users, ensuring comprehensive accessibility.
Give it a try:
We are thrilled to introduce Yardstick and are eager for your feedback. Whether you are a fintech looking to perform KPI benchmarking on potential clients, an investor in need of data-driven tools, or a startup founder trying to understand where your startup stacks up against peers or what should be the latest valuation based on current traction, we invite you to try out Yardstick (without a need to sign up!) and share your insights. For those interested in integrating our tools directly, check out our API documentation.
We look forward to your feedback!
Thank you,
Ravi and Vijay