Eniac Ventures
584 BroadwayNew York, NY 10012
Firm Size
- Assets Under Management (AUM):$812 Million
- Number of Funds:19
- Employees:
- Firm Type:Venture Capital
- Focus Areas:
Software & Technology
Consumer
Description
Eniac Ventures is a venture capital firm located in New York, NY, and was founded in 2009. The firm primarily focuses on investing in early-stage technology companies, particularly in the sectors of mobile, enterprise software, consumer internet, and virtual reality. Eniac Ventures has a strong track record of investing in successful startups, including companies like Airbnb, SwiftKey, and TapCommerce. The firm takes a hands-on approach to investment and actively works with its portfolio companies to help them grow and succeed. Eniac Ventures aims to provide not only capital but also strategic guidance and operational support to its portfolio companies. The team at Eniac Ventures brings extensive experience in technology, entrepreneurship, and product management to support its investments. Eniac Ventures has a diverse portfolio of companies across various industries and geographies. It typically invests in seed-stage and series A rounds, with an average investment size ranging from $500,000 to $2 million. The firm has built a strong network of co-investors and partners to provide additional resources and expertise to its portfolio companies. Overall, Eniac Ventures is a reputable venture capital firm in New York that invests in promising early-stage technology companies and actively supports their growth and success through capital, strategic guidance, and operational assistance.Latest News
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Jun 06, 2024: Cube Closes on $25 Million Investment
Cube , providers of the universal semantic layer for every data app, today announced it has completed a $25 million funding round with new investor Databricks Ventures and joined by all the previous investors including Decibel , Bain Capital Ventures , Eniac Ventures , and 645 Ventures . In addition, 645 Ventures Co-founder and Managing Partner Nnamdi Okike is now a board observer for Cube's Board of Directors.
Aug 21, 2023: Ghost Raises $30 Million to Help Brands and Retailers Move Surplus Inventory
Ghost , a members-only B2B marketplace for surplus inventory, today announced it has raised $30 million in Series B funding, bringing the total to $68 million to date. Venture capital firm Cathay Innovation led the round with participation from existing investors Union Square Ventures, Equal Ventures and Eniac Ventures. The company will use the funds to hire for several roles in product, engineering and design while developing its platform further to meet rising demand.
May 30, 2023: First-of-Its-Kind Dental Marketplace, Wellplaece, Launches With $5.5M Seed Round
Today, Wellplaece founders announced the company's Private Beta launch in addition to a $5.5M seed round which includes funding from a pre-seed round. The funding was led by Eniac Ventures and Bee Partners, along with participation from Erik Anderson , Co-founder CEO WestRiver Group; Haroon Mokhtarzada , CEO & Co-founder of TrueBill and RocketMoney; Andy Oreffice , former CCO of Affordable Healthcare; and entrepreneur Francis Hellyer . Wellplaece is the first and only platform for dental offices to source the right products at the best prices. Co-founded by Caen Contee , serial entrepreneur and founding team member of global micromobility startup Lime; and CTO, lead software engineer Ivan Bertona , Wellplaece has already achieved significant growth, proven consistent customer savings, and is scaling up to meet industry demand with the launch of their automated, multi-vendor supply product purchasing platform.