Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Media • Education • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Web Security (& Privacy) • Gaming (& eSports) • Advertising • Cloud Services (& Infrastructure) • Developer tools • Medical Devices (& Hospital Services) • Robotics • Real Estate (& Construction) • DeepTech • Healthcare (& Wellness) • Nanotechnology • Online Social • Consumer |
Stages | Seed, Startup, Series A, Series B, Pre-seed |
Investing | United States • Israel |
Investment Range | $200,000 - $1,200,000 |
Investment Sweet Spot | $700,000 |
Assets Under Management | $125,000,000 |
ENIAC Ventures is a New York-based venture capital firm specializing in seed-stage investments across a diverse range of technology sectors. With an extensive industry focus that includes Software, Media, Education, Business Solutions, FinTech, Retail, IoT, CleanTech, AI, HealthTech, Blockchain, Web Security, Gaming, Advertising, Cloud Services, Developer tools, Medical Devices, Robotics, Real Estate, DeepTech, Healthcare, Nanotechnology, and Online Social, the fund demonstrates a broad investment thesis. Their specialization in software is particularly evidenced by their position as the first independent seed stage venture fund focused exclusively on mobile software sector. They invest in high-growth mobile startups, leveraging their established network within the sector to identify potential investments. ENIAC Ventures exhibits hands-on engagement, providing strategies and execution help at the ground level to motivated entrepreneurs with exceptional talent. The fund operates with a commitment to being the lead investor in seed rounds and partners with founders from inception to scale. Co-founded by Hadley Harris, Nihal Mehta, Vic Singh, and Tim Young, ENIAC prides itself on deep operational expertise imparted from a team of founders-turned-investors who have profound insights into the journey of building startups. Their investment philosophy is centered on supporting companies through to product/market fit and they place significant emphasis on their ability to provide startups with unparalleled access to domain experts and senior executives. ENIAC's assets under management total approximately $125 million, with investments ranging from $200,000 to $1,200,000, with a sweet spot at around $700,000. They are particularly specialized in Seed, Startup, Series A, and Series B financing rounds. The firm's founders attest to ENIAC's founder-friendly approach and substantial support, from pre-seed through acquisition stages. Founded in 2010, the fund raised $1.6 million for its first fund, targeting investments within specific sectors including enterprise and consumer productivity applications, gaming, location-based services, mobile commerce, and more.