Today we are thrilled to announce Eniac V, our fifth fund, with $125M of fresh capital from top endowments, foundations, pension funds, fund of funds, family offices, and incredible entrepreneurs. We will continue to lead seed rounds in great founders solving big problems across SaaS, developer, consumer and deep tech.

Eniac is a Startup

At Eniac we strive towards an unwavering goal to be the best seed firm by working tirelessly to serve our founders. But Eniac at its core is a startup itself. We are a small and nimble team imbued with a culture of authenticity and scrappiness. …


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At Eniac, we invest in the outliers — the Authentic, the Bold, the Curious, the Scrappy. We model our team after the same philosophy, and now we’re looking to bring on new team members who also exemplify our “ABCs.”

Eniac leads seed rounds in exceptional founders across consumer, enterprise, and deep tech. We make a relatively concentrated number of investments each year into high conviction founders and their companies. Now, after 10 years and launching our fifth fund, we’re looking to expand our team to support our backoffice operations.

Position Overview

The Operations Associate will work closely with the VP of Finance…


by Hadley Harris

Last month we were super excited to announce we’ve co-led a $3M seed round in Grouparoo with our friends at Fuel Capital. Here’s our thinking around making this investment.

Solving a burning problem in a quickly evolving stack

Every sizable business in the world is quickly becoming a data company and what kind of data could be more important to a business than its customer data? As companies recognize this, they are capturing more and more customer data then saving it to a database or data warehouse. They are starting to invest heavily in data infrastructure with…


By Vic Singh

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Today, we are excited to announce the launch and our seed investment into Loop Team. We led the seed round back in early 2019 with our friends from Crosslink, Golden, Hack VC, Parade, Precursor and Redpoint. Our bet in Loop Team was largely a team bet coupled with what we believed back then was a prevailing trend — the movement of desk workers to a more distributed workplace. This was well before the COVID-19 pandemic but the secular trend was already showing strong tailwinds and we believed this would persist. Obviously the trend to remote and distributed…


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At Eniac, we invest in the outliers — the Authentic, the Bold, the Curious, the Scrappy. We model our team after the same philosophy, and now we’re looking to bring on new team members who also exemplify our “ABCs.”

Eniac leads seed rounds in technical founders across consumer, enterprise, and deep tech. We make a relatively concentrated number of investments each year into high conviction founders and their companies. Now, after 10 years and launching our fifth fund, we’re looking to expand our team to support our investment process.

Position Overview

We are looking to bring on several new analysts into our…


by Hadley Harris

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I’d love to tell you a story about the deep thesis my partners and I had that drove us to lead Attentive’s seed round. The story would talk about how in 2016 we were spending a lot of time in the marketing tech stack and saw an unmet need in the market for businesses to utilize messaging to communicate with their customers. I’d tell you how almost every business in China used WeChat for Business to interact with their customers at scale over messaging. And how we felt a company that optimized that use case for the…


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One thing we’ve learned in this business, when you’re lucky enough to back serial founders, do it (especially when you’ve backed them successfully before).

We first met Raj Aggarwal and Henry Cipolla in 2010 when they were starting the world’s first enterprise-grade mobile analytics platform, Localytics. We were instantly enamored by Raj and Henry’s wherewithal and ambition, and they convinced us of their massive vision. Localytics soon became one of Eniac’s very first investments.

Earlier this year and a decade later, in February 2020, Localytics was acquired by Upland software (NASDAQ: UPLD). Raj and Henry learned a ton during their…


by Vic Singh

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Photo of Fox Robotics first HQ in Austin

Earlier this week, our portfolio company Fox Robotics came out of stealth mode with the announcement of their Series A round led by Menlo Ventures. We led the seed round in Fox with our friends at Signal Fire back in 2018 and couldn’t be more thrilled for this special team.

At Eniac we have a strong sub portfolio in autonomy across transport (Xwing, Sea Machines, iSee), agriculture (Iron Ox, Vence) and logistics with Fox. While transport gets the lion’s share of attention in the autonomy ecosystem, we believe that core parts of the global economy will be…


Post by Nihal Mehta

On June 1, our firm Eniac Ventures publicly shared the following.

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Since June 1, using no charge-appointments on Superpeer, Eniac Ventures booked 375 virtual meetings with Black founders, and successfully completed 168 so far.

As a firm that values diversity immensely, we realize that venture capital is not a meritocracy, and the best ideas of Black founders, founders of color and women, are often inhibited, not encouraged or empowered. We also realize through our own journeys that access to networks, knowledge, and capital helped us build Eniac Ventures to what it is. We are paying it…


Post by Vic Singh and Kristin McDonald

Given venture firms can be somewhat opaque in how they process deals, coupled with the fact that the Eniac deal process is fairly unique, we wrote this post to provide founders with an in depth look at our process at Eniac with the hope that it will help them better understand our process and engender a discussion about how seed firms can best optimize their own process.

At Eniac, we are continuously iterating and improving how we process deals with the goal of increasing collaboration, reducing information asymmetry and making more informed decisions…

Eniac Ventures

We lead seed rounds in bold founders who use code to create transformational companies.

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