AI is going to save software companies’ dreams of growth

It appears emerging price points for AI-powered software products will boost the total addressable market (TAM) for technology products and help reaccelerate growth at tech companies big and small.
In late 2023, Battery Ventures noted that the pullback of revenue growth at software startups had reached its nadir, and growth levels were starting to stabilize in the fourth quarter. Around the same time, Scale Venture Partners reported that after several years of deceleration, early-stage software companies were expected to renew momentum in 2024. Taken together, it seemed that tech companies were all but out of the woods.
Today, we’re seeing early …