Eniac Ventures

Eniac Ventures is a seed-stage venture capital firm specializing in mobile innovation and technology startups. Founded in 2009, the firm has invested in over 250 startups, focusing on sectors such as technology, healthcare, financial services, consumer goods, business services, media and entertainment, education, fintech, robotics, transportation, energy, legal tech, music, health tech, and ad tech. Their portfolio includes companies like SoundCloud, Boxed, Templum, and Knotel.

The firm's investment strategy emphasizes leading seed rounds and partnering with bold founders who use code to create transformational companies. Eniac Ventures has raised multiple funds over the years, with the most recent being a $220 million raise in April 2024, comprising $60 million for Select 1 and $160 million for Eniac VI. The firm plans to make about 40 investments across both funds, with an average check size of $1.5 million for new investments and larger follow-on checks.

Eniac Ventures is headquartered in New York City, with an office in San Francisco. The firm is led by four general partners who have been best friends for 20 years. They are committed to providing comprehensive support to their portfolio companies through the Eniac Platform, offering access to domain experts and senior executives across the Fortune 5000. This hands-on approach aims to help startups achieve product-market fit and scale effectively.