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July 19, 2021

After announcing plans to go public via SPAC earlier this year, it’s official: Our portfolio company Owlet is now trading on the New York Stock Exchange under the ticker symbol OWLT.

Owlet is building an ecosystem of connected nursery products, starting with a Smart Sock that allows parents to monitor their baby’s heart rate, oxygen level, sleep patterns, and more. The Smart Sock can be paired with the Owlet Cam to provide a more complete picture of baby’s well-being.

It’s been quite a journey since our initial seed investment in 2014.

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July 8, 2021

Welcome to the first installment of “Ask a Seed VC,” Eniac’s new advice column all about startup fundraising and investing. We’re going to kick things off with a question from Matthew Perry, founder and chairman at The Traffic Channel:

How can I pitch my start-up to a VC if I do not have a warm introduction? Sending my pitch “blindly” via email is not working. How can I get my idea legitimately heard?

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July 7, 2021

Eniac Ventures is still growing! We announced three new hires back in May, and we’ve added another two since then. That means there are now a grand total of eleven people on the team (soon to be twelve) — but of course, what really excites us is how impressive our new colleagues are, and how they’re already making Eniac better.

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June 28, 2021

As we announced in the latest Eniac Ventures newsletter, we’re launching a new feature called “Ask a Seed VC.” It’s a simple idea: We know that the world of early-stage startup funding can feel opaque and confusing, so we wanted to create a little more transparency about how it all works.

Eniac’s partners have already been sharing their tips via platforms like Twitter and Clubhouse, but those conversations can be difficult or impossible to track down afterwards. With Ask a Seed VC, we’re aiming to share knowledge that’s useful right now, but that a future founder could also read and learn from if they’re facing the same problem a year from now. Plus, it allows you to tell us what your biggest questions are.

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June 8, 2021

We are looking to bring on a new analyst into our two-year program based in San Francisco or New York. We are looking for a team member with a balance of analytical rigor and strong communication skills who is ready to play a key role in the research and due diligence process.

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June 8, 2021

For Alloy, finding product-market fit boiled down to one thing: “Not dying.”

That’s what the startup’s co-founder and chief revenue officer Laura Spiekerman told us at Eniac’s most recent Annual General Meeting, where we hosted a panel focused on that theme.

Along with Spiekerman (whose startup offers an identity operating system for financial services companies), we were joined by Zubin Bhettay (co-founder and CEO at veterinary telehealth startup Fuzzy Pet Health) and Mike Kijewski (co-founder and CEO at MedCrypt, which brings cybersecurity to healthcare devices).

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June 1, 2021

As part of Eniac’s latest Annual General Meeting, we were lucky enough to be joined by some big names for three virtual conversations. Two of the public sessions focused on founder stories and startup strategy, and we’ll posting those videos soon. But first, we’re starting with a bigger picture view from New York City mayoral candidate Andrew Yang.

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May 27, 2021

When we announced our $125 million fifth fund Eniac V, we mentioned that we planned to hire six new team members this year. Well, we’re halfway there — three of those new hires are already on the job!

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February 22, 2021

Announcing Eniac V

February 22, 2021

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.

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