2 days agoCongrats to Drip on its Series A!by Nihal Mehta and Anthony Ha — by Nihal Mehta and Anthony Ha We’re excited to share that Drip has raised $28.5 million in combined seed and Series A funding from Base10 Ventures, Kindred, Harlem Capital, as well as various angels — plus, of course, Eniac Ventures. …Venture Capital2 min read
Apr 29Meet Eniac’s web3 portfolioby Vic Singh and Dan Jaeck — by Vic Singh and Dan Jaeck It’s been almost exactly six months since Eniac first announced our crypto investment strategy. …Eniac Ventures7 min read
Apr 6Eniac Ventures is hiring a Chief of StaffEniac Ventures is an early-stage investment firm headquartered in NYC. Since our formation in 2009, we’ve been committed to backing highly… — Eniac Ventures is an early-stage investment firm headquartered in NYC. Since our formation in 2009, we’ve been committed to backing highly technical founders who embody our values of authenticity, boldness, curiosity, and scrappiness. …Venture Capital3 min read
Mar 28Meet the bigger, better Eniac Networkby Nihal Mehta, Lacey Wisdom, and Anthony Ha — by Nihal Mehta, Lacey Wisdom, and Anthony Ha At Eniac Ventures, we’re big believers in the adage that “your network is your net worth,” which is why we’ve decided to expand and relaunch the Eniac Network. We know most founders are skeptical about VCs who spend a lot of time…Eniac Ventures2 min read
Mar 24How to tell if you’ve found true product-market fitBy Hadley Harris and Anthony Ha — By Hadley Harris and Anthony Ha As Hadley noted in a recent tweet, one big danger facing startup founders is the premature belief that you’ve found product-market fit. Understanding that idea is critical for startup success, so it’s worth revisiting Marc Andreessen’s 15-year-old post, in which he defined PMF as…Product Market Fit3 min read
Mar 10Why we won’t tell you who led an Eniac dealby Hadley Harris and Anthony Ha — by Hadley Harris and Anthony Ha Yes, we know there’s something a little mysterious — or even frustrating — about the Eniac website: You can learn about our team and our investments, but you won’t see a list of who led which deal, or all the boards each partner sits…Eniac Ventures2 min read
Mar 3Congrats to Rarify on its Series A!by Nihal Mehta and Lacey Wisdom — by Nihal Mehta and Lacey Wisdom We’re thrilled to share that our portfolio company Rarify just raised a $10 million Series A, at a $100 million valuation, led by Pantera Capital. …Rarify2 min read
Feb 28Ask a Seed VC: Should I approach seed investors for pre-seed funding?By Anthony Ha and Claire Rafson — By Anthony Ha and Claire Rafson Welcome back to Ask a Seed VC, Eniac’s advice column on startup fundraising. Today’s question comes from a founder who we’re leaving anonymous: We don’t have money anymore in our company, we are doing bridge funding and preparing for a pre-seed. We are creating…Ask A Seed Vc2 min read
Feb 10Congratulations to Wallaroo on its $25M Series Aby Lacey Wisdom and Nihal Mehta — by Lacey Wisdom and Nihal Mehta Our portfolio company Wallaroo just announced that it has raised $25 million in Series A funding. The round was led by Microsoft’s venture fund M12, and Eniac was thrilled to participate. CEO Vid Jain founded Wallaroo in 2017, after nine years at Merrill Lynch…Wallaroo2 min read
Feb 3New York tech, join us for a #PitchandRun!By Nihal Mehta — By Nihal Mehta “One run can change your day, many runs can change your life.” — Unknown #PitchandRun has come a long way in the last few years — something I’ve been reflecting on after Ryan Deffenbaugh joined us for a recent run and wrote about it in Crain’s New…Pitch And Run3 min read
