At Eniac Ventures we lead seed rounds in bold founders who use code to create transformational companies. Armed with over 80 years of combined experience building our own companies, we are your active partners and consider ourselves a member of your founding team. Providing capital is just the first step, when we lead your seed round we provide the industry’s most comprehensive support through our Eniac Platform and hands on approach.
In the future, the way we interact with technology will be drastically different, all the screens people currently interact with will disappear and be replaced by more humanistic and natural interfaces. Instead of tapping on a phone, you might message with friends using gestures and voice and receive replies in augmented reality. We think of this as a new era of seamless computing and it is why we are especially interested in funding: Conversational UIs, Robotics, VR/AR, and Software Disrupting Mature Industries. We see artificial intelligence as a layer that will power all these sectors.
Because the partners all have a strong technical background, we look for founders who not only have the vision, but also the chops to build the best products, and the grit required to power through the ups and downs. We generally look for companies we believe can take a monopolistic position in their market. We also have to believe the founder is uniquely positioned to exploit a highly attractive market in terms of competition, size, growth rate and timing.
From the beginning one of the keys to Eniac’s success has been taking a holistic approach to supporting our portfolio. With Eniac you get four partners for the price of one, and each partner uses their unique experience to open doors and advise our investments. The result has led to companies that consistently bring quality product to market, find follow on investment and have a measurable impact across industries.
With each fund our approach has evolved and expanded to address the growing needs of our portfolio companies. We want our founders to focus on their product, so we created the Eniac Platform. Term sheets are just the first step, working with Eniac companies enjoy the following support:
WHO WE ARE
Although Eniac Ventures began investing in 2010, the roots trace back to four like-minded University of Pennsylvania students over two decades ago. After college, our partners set out on separate but parallel paths as serial entrepreneurs but maintained a strong bond and network of support. Today our combined 80 years of experience building over a dozen companies, and our belief in a strong community are at the heart and soul of our investment approach.
Hadley has done a little bit of everything on the path to co-founding Eniac. Starting as an engineer at Pegasystems, he later took on roles as a product manager at Microsoft and strategist at Samsung, where it became clear that big companies were not for him.
In 2007 he was very fortunate to join a very talented AI team out of MIT at Vlingo where he ran a few aspects of the business across product and marketing until it was sold to Nuance for $225M. He rolled his experience building a successful startup into Thumb where as CMO he helped the real-time recommendation app reach user engagement levels second only to Facebook before being acquired.
Hadley grew up in downtown Boston, which shaped his lifelong love of science, hip-hop and the New England Patriots. Outside the office Hadley enjoys jogging, meditating, mixing music and traveling the world.
Hadley is passionate about improving the lives of people with intellectual and developmental disabilities, which stems from his close relationship with his brother Traves. He is a development board member for Cardinal Cushing Centers where Traves was a student and current member of its adult program.
Hadley is still paying off student loans for his MBA from Wharton and bachelors in Engineering from the University of Pennsylvania.
At Eniac we call Nihal the human rolodex, thanks to the thousands of connections he has made with some of the world’s top companies and brands. He developed many of these connections over the past 20 years while founding five different high tech startups. Most recently Nihal was the founding CEO of LocalResponse, where he grew revenues 2153% in three years and landed them at number 204 in the 2014 INC. 5000’s Fastest Growing Companies. Prior to LocalResponse, Nihal founded buzzd, the first real-time mobile city guide, and ipsh!, one of the first full-service mobile marketing agencies in 2001, which was acquired by Omnicom (NYSE: OMC) in 2005.
Even before founding Eniac, Nihal honed his ability to spot top entrepreneurial talent by investing in Admob (acquired by Google), Swiftkey (acquired by Microsoft), Tala, Tapad (acquired by Telenor), and Uber to name a few. Because of his experience both building and funding top technologies, he frequently guest lectures at business schools around the country on entrepreneurship and mobile marketing and is published in over 15 books and white papers on the subject.
Outside of the office Nihal loves to spend time with his wife Reshma and is a big supporter of her non-profit Girls Who Code. Around town, you will usually see him with his son Shaan and beagle-bulldog Stanley. Nihal is the life of the party, which is why he always spearheads Eniac events.
Nihal graduated from the University of Pennsylvania with a BA in Philosophy and a BSE in Computer Science.
Vic Singh is a seasoned entrepreneur and investor as a founding GP of Eniac Ventures. Vic has a deep passion for building product experiences that scale. He previously founded three venture-backed startups in mesh networking, communications and developer platforms.
Most recently Vic was founder and CEO of Kanvas, which he led to a successful exit by AOL, where he served as GM and steered Kanvas through its ultimate transition into the leading developer platform for creative self-expression. Vic previously founded Tracks, a venture-backed consumer social network for collaboration around experiences and NearVerse, a platform for proximity-based mesh networking.
Before he was a founder, Vic was a venture capitalist at RRE Ventures where he focused on consumer, cleantech, deep tech and fintech. He started his career building large scale enterprise systems as a full stack developer at the height of the dot-com boom.
Vic holds an MBA in Entrepreneurship and Finance from Columbia Business School where he was a Robert Toigo Foundation Fellow and a BSE in Mechanical Engineering from the University of Pennsylvania where he earned the National Science Foundation Fellow for his work in Micro-electro Mechanical Systems.
Tim Young is a Founding General Partner at Eniac Ventures with two exits as an entrepreneur and over 20 years of experience advising and investing in 100+ early stage startups. Tim has been fascinated by technology since his mother taught him to code in Fortran at the age of 10. He went on to study engineering and become a patent attorney and tech entrepreneur.
Prior to founding Eniac in 2009, Tim founded Bridge, an enterprise software company focusing on corporate training in Beijing, China, which he led to an 8-figure exit. Prior to Bridge, Tim led product at Quoteship, a B2B marketplace for logistics, which exited to Logistics.com (NASD: ICGE). Tim also spent time coding at ExxonMobil, managing product at BAE Systems, and advising startups on Patent and other IP issues at MoFo.
During downtime, you can find Tim exploring the mountains and oceans. He has surfed on six continents and plans to sail to Hawaii in the upcoming Pacific Cup. Tim is also passionate about combating climate change and sits on the board of the Institute for Energy & Climate Strategies (IECS).
Tim received his BSE in Chemical and Biomolecular Engineering from the University of Pennsylvania, where he received an award for cancer research from Bristol-Myers Squibb. He also received his J.D. from the University of Pennsylvania Law School. Tim is a member of the State Bar of California and is a US Patent and Trademark Office registered attorney.
The partners call Tim the closer because of his ability to find the best partners and close rounds for our portfolio companies.
Anna has worked in business operations for over a decade, using her broad background in finance, human resources, and administration management to help companies grow. She has overseen growth from just a handful of employees to over 100, all while keeping chaos at bay with proactive strategies.
In addition to keeping things running smoothly at Eniac Ventures, Anna provides vital support to our portfolio companies by establishing processes, operational systems, and implementing best practices.
When Anna is not improving systems and processes, you can find her hiking in the Bay Area or deadlifting at the gym. In the evenings Anna turns to her passion for gastronomy and is either exploring new restaurants or throwing dinner parties.
Anna moved from Europe to California in 2004 for college and she graduated from University of California Santa Cruz with a BA in Business Management Economics. Back then she promised her family she would only be gone for 4 years, but it’s now been over 12 years thanks to the charm of the San Francisco Bay Area.
Caitlin joined the team to raise awareness for the Eniac brand and support the portfolio companies with all things media. Since high school, Caitlin knew she wanted to help brands share their stories to the world, but never thought she would find a passion for tech, and know so many acronyms: SaaS, API, UX, BTC and this little thing called the Cloud.
In her own words: "I am excited to be a part of Eniac 2.0. Supporting the partners and the growing list of investments keeps me on my toes and helps me focus on my goals. I strive to make an impact on the company each day."
Previously, Caitlin has worked across a wide variety of B2B industries, including mobile, security e-commerce/payments, fintech. Most recently, at Uphold, she led global communications for the cross-border cryptocurrency startup and came out the other side a proud owner of bitcoin. At Fleishman-Hillard, she led the Visa Innovation team’s media launch of Visa Checkout, Apple Pay, and the One Market Innovation Center opening, as well as positioned Marketo in the business press prior to acquisition and led SAP’s CTO’s speaking platform.
She is an avid reader of all things tech and business media, but podcasts are slowly taking over her life.
Javaughn joined the team with an interest in early-stage investing and in the incredible potential of AI as a general purpose technology. He enjoys talking to passionate founders and diving deep into new industries.
In his own words: “I am pumped to Eniac Ventures, and be part of investing in incredible founders!”
A proud immigrant of Jamaica, Javaughn moved to Miami at the age of 10. He studied Economics at Yale and spent all his free time out of the classroom tinkering with different ideas. He helped raise a seed-round for thevinelist.com, an e-commerce platform for emerging markets and supported efforts of an entrepreneurship and geopolitics media platform called The New Discussion.
Since, he has worked at LinkedIn, as a Strategy & Operations Associate where he helped to drive operational efficiency and growth strategy in the Global Accounts segment (~$300M) of Linkedin's Talent Solutions business. While at Linkedin, he co-founded the Bots and AI to explore his interest in conversational UI and AI, helping to grow it to a 1200 person meet-up. Prior to that, he was a consultant at Bain & Company working with clients in the Retail, Telecom, CPG and Defense & Security.
Javaughn recently moved to San Francisco from NYC. He looks forward to exploring the great outdoors via biking and hiking.