Idealab

An established venture capital firm and technology incubator based in Pasadena, California. Founded in 1996, Idealab has been instrumental in creating and nurturing over 150 companies, leading to more than 45 IPOs and acquisitions. The firm focuses on identifying significant global challenges and developing technology-driven solutions to address them. By fostering innovation and entrepreneurship, Idealab has played a pivotal role in bringing numerous groundbreaking companies to market.

Idealab's investment strategy involves testing multiple ideas simultaneously to identify those with the highest potential. Once a promising concept is identified, the firm assembles a skilled team, spins off the idea into a standalone company, and provides the necessary support to help it grow into a successful business. This approach has led to the creation of a diverse portfolio of companies across various sectors, including technology, clean technology, internet services, software, consumer products, media, healthcare, energy, transportation, education, financial services, retail, real estate, telecommunications, and biotechnology.

The firm's track record includes notable IPOs and acquisitions, such as the IPO and subsequent acquisition by Yahoo!, IPO and acquisition by IAC, IPO and acquisition by Hellman & Friedman, acquisition by Google, and acquisition by iRobot, among others. These successes underscore Idealab's commitment to fostering innovation and its ability to identify and support companies that have a significant impact on their respective industries.