Innovation Endeavors

Early-stage venture capital firm investing in technical founders solving hard engineering and science problems to rethink large industries and tackle humanity's most pressing challenges.

Venture Capital Active Palo Alto, United States Est. 2010
Visit website ↗ LinkedIn
Last updated 2026-07-20
Portfolio
13
in our dataset
Rounds participated
20
Rounds led
6
Rounds' value
$909.8M
total disclosed, rounds participated
Stages
A Round, Seed, Pre-Seed, C Round, B Round

About

Innovation Endeavors is an early-stage venture capital firm founded in 2010 by Eric Schmidt, former CEO of Google, and Dror Berman. The firm is headquartered in Silicon Valley, with additional offices in New York and Tel Aviv. They focus on investing in technical founders who are addressing significant engineering and science challenges across various industries, including artificial intelligence, healthcare, climate technology, fintech, and logistics. Their investment strategy, referred to as 'Super Evolution,' emphasizes leveraging advancements in data, computation, and engineering to drive innovation in intelligent software, computing infrastructure, and the physical economy. Innovation Endeavors typically invests between $1 million and $15 million in seed and Series A funding rounds, often leading or co-leading investments and taking active roles in their portfolio companies. The firm manages a total of $630 million across its funds as of 2024, with a portfolio of 115 companies and 34 successful exits. They have a demonstrated track record of investing in Israeli startups.

Portfolio · 13

Elio Labs
Elio Labs builds AI-native adaptive sensors that allow AI to decide what optical information to capture in real time.
Led ★ 1 round $21.0M committed Latest: 2026-07
Eloo AI Inc.
Eloo AI Inc. develops a platform that enables non-technical teams to build and deploy AI agents for various business workflows.
Led ★ 1 round $21.0M committed Latest: 2026-07
DataRails
A financial planning and analysis (FP&A) platform that enhances Excel, automating budgeting, reporting, and forecasting for finance teams.
Led ★ 3 rounds $145.0M committed Latest: 2026-01
Karius Inc.
Karius is a life sciences company focused on generating genomic insights for infectious diseases with a non-invasive blood test.
2 rounds $150.0M committed Latest: 2024-05
Loora
Your personal AI English tutor.
2 rounds $21.3M committed Latest: 2024-02
Augment Computing Inc. (Augment Code)
Developer of artificial intelligence coding assistance software designed to empower programmers and their organizations to deliver improved software.
Led ★ 1 round $227.0M committed Latest: 2024-01
Continual
A mobility experience analytics company that uses AI and ML to deliver advanced insights to help telecom operators improve their subscribers' mobility experience.
Led ★ 1 round $14.5M committed Latest: 2022-06
Claroty
Claroty is a cybersecurity platform focused on the cyber-physical systems of the industrial, healthcare, and commercial industries.
2 rounds $92.0M committed Latest: 2018-06
Yotpo
Yotpo is an eCommerce retention marketing platform that helps brands strengthen their relationships with consumers.
2 rounds $37.0M committed Latest: 2016-06
Taboola
A digital advertising platform that connects advertisers with audiences across a network of publisher websites and digital properties.
2 rounds $132.0M committed Latest: 2015-02
Formlabs Inc.
Formlabs is a 3D printing technology developer and manufacturer.
1 round $19.0M committed Latest: 2013-10
HealthTap Inc.
HealthTap is a virtual primary care platform that connects patients with U.S.-based board-certified doctors for video visits, asynchronous messaging, and ongoing care management.
1 round $24.0M committed Latest: 2013-05
LivinGreen Ltd.
LivinGreen specializes in designing and building hydroponic and aquaponic systems for domestic, commercial, and educational applications.
Led ★ 1 round $6.0M committed

Investment activity

16 portfolio exits on record.

Portfolio by sector

Business Software19
Cyber Security7
Health Tech & Life Sciences3
Agriculture & Food Technologies2
Media & Entertainment Technologies2
Fintech & Insurtech2
Automotive & Mobility Technologies1
Industrial Technologies1

Funds · 3

  • 5 — $630M Jan 2024
  • 4 — $500M Sep 2021
  • 3 — $333M May 2018

Q&A

What was Innovation Endeavors' most recent fund close?
Innovation Endeavors closed Fund 5 in January 2024, raising $630M.
Which of Innovation Endeavors' portfolio companies had a notable exit recently?
In September 2024, Innovation Endeavors saw the acquisition of its portfolio company Own by Salesforce for $1.9B. Additionally, Rightbound was acquired by Gong.io in December 2025.
What is Innovation Endeavors' primary investment focus by sector?
Innovation Endeavors shows a strong concentration in Business Software, with 19 portfolio companies in this sector, followed by Cyber Security with 7 companies.
Has Innovation Endeavors had any portfolio companies go public recently?
Yes, Beamr went public on NASDAQ in February 2023, raising $7.8M.
What are some of Innovation Endeavors' recent acquisitions of portfolio companies?
In January 2024, Authomize was acquired by Delinea. In December 2023, Equalum was acquired by Google.
Who is a key founder and managing partner at Innovation Endeavors?
Dror Berman is a Founder & Managing Partner at Innovation Endeavors.
What investment stages does Innovation Endeavors typically focus on?
Innovation Endeavors invests across various stages, including Pre-Seed, Seed, A Round, B Round, and C Round.
When did Innovation Endeavors close its fourth fund?
Innovation Endeavors closed Fund 4 in September 2021, raising $500M.
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