Eniac Ventures

Quick read

Eniac Ventures is a generalist seed and pre-seed VC firm founded in 2009 and headquartered in New York, NY. The same four founding partners have run the firm for over 15 years — one of the longest-standing consistent GP partnerships in venture. With six main funds and a dedicated follow-on vehicle, Eniac has backed more than 228 companies and closed its most recent fund, Eniac VI, at $160M in April 2024.

Key facts

Founded

2009

Founders

Nihal Mehta, Tim Young, Hadley Harris

Employees

29

Sectors

generalist, ai, fintech, healthcare, saas, devtools

Website

eniac.vc

Investment thesis

Eniac leads seed and pre-seed rounds in US-based technology companies across B2B software, AI, fintech, healthcare, and sustainability, acting as a hands-on partner — often described as a 'third co-founder' — to help founders reach product-market fit before a Series A. The same four founding GPs have run every fund, prioritising deep, GP-level engagement over a large team model.

Recent activity

• Jun 2026investment
  Eniac co-invested in Attention's $30M Series B, a New York-based revenue operations AI company. The round was led by RTP Global and also included Aglaé Ventures, Alven, and Linea Ventures. techstartups.com
• Jun 2026investment
  Eniac co-led an $8.6M round for Cascala Health, an AI-enabled care-transitions platform. crunchbase.com
• 2026investment
  Eniac invested in Lunar Outpost's $30M Series B funding round. zoominfo.com
• 2026leadership
  Eniac is hiring an investor for its New York investment team, with an explicit path-to-partner track. Every applicant goes through an AI interview as part of the process. linkedin.com
• 2025–2026investment
  Tracxn counts 9 new investments by Eniac in the last 12 months as of June 2026, including 8 deals closed in 2026 alone, against 17 investments made across all of 2025. tracxn.com
• 2025investment
  Cube, a San Francisco-based universal semantic layer provider, raised $25M in a round that included Eniac alongside Databricks Ventures, Decibel, Bain Capital Ventures, and 645 Ventures. zoominfo.com
• Apr 2024fundraise
  Eniac Ventures closed two funds totaling $220M: a $160M sixth seed fund (Eniac VI) and a $60M follow-on vehicle (Select I). Select I actually closed in 2021 but was not publicly disclosed until now. The firm plans roughly 40 investments across both funds, writing average new checks of $1.5M and follow-ons up to $6M. techcrunch.com
• Fall 2025press
  Eniac published its Fall 2025 update noting it is actively hiring, and flagged two portfolio milestones: Surtr raised a $5M seed round for counter-UAS integration, and Mia Labs received approval as a General Motors Turnkey Dealer Digital Solution provider. eniac.vc
• 2025press
  Timothy Young of Eniac Ventures appeared on a podcast discussing founder strategy, with the episode distributed on Spotify, YouTube, and Apple Podcasts. linkedin.com
• May 2026investment
  Eniac's latest recorded investment hit on 7 May 2026, targeting Lunar Outpost, a hardware company. pitchbook.com
• May 2026investment
  Eniac participated in Kin Health's $9M seed round, one of 6 investments the firm has made in 2026 to date. tracxn.com
• Apr 2026press
  Portfolio company Callhyper was acquired by Motorola Solutions in April 2026. tracxn.com

Notable investments

• AttentionSeries BJun 2026techstartups.com
• Cascala HealthSeed / VentureJun 2026crunchbase.com
• Lunar OutpostSeries B2026zoominfo.com
• PredocSeries A2026crunchbase.com
• CubeUndisclosed2025zoominfo.com
• Ohai.aiSeed2026vcbacked.co
• EderaSeed2025vcbacked.co
• EvertuneSeries A2025crunchbase.com
• SurtrSeed ($5M)2025eniac.vc
• StructionSeed2025vcbacked.co
• Adaptive SecuritySeed2025vcbacked.co
• Mia LabsSeed2025vcbacked.co

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Nihal Mehta · Co-Founder & General Partner
• Tim Young · Founding General Partner
• Hadley Harris · General Partner
  LinkedIn

Sources

• Eniac Ventures Raises $220M Across Two Fund Formations | Gunderson Dettmer
• Announcing Eniac V | Eniac Ventures
• Cascala Health $8.6M Seed Round Announcement
• Eniac Ventures | LinkedIn
• Eniac Ventures Investor Profile | Tracxn
• Operator Turned VC: Nihal Mehta, Co-Founder of Eniac Ventures | Interplay
• Eniac Ventures Portfolio | VCBacked
• https://pitchbook.com/profiles/investor/51472-63
• https://tracxn.com/d/venture-capital/eniac-ventures/__9gAierqmzv3WUrYpO-5roNoHi6GTB1DWLmLEtWOkHhE
• https://www.eniac.vc/writings/tradespace-has-raised-a-15m-series-a-led-by-avp-with-continued-support-from-eniac-ventures-amplo-and-scrum-ventures
• https://techcrunch.com/2024/04/24/seed-stage-firm-eniac-ventures-raises-220m-across-two-funds/
• https://www.eniac.vc/writings/eniac-ventures-fall-2025-were-hiring
• https://techstartups.com/2026/06/23/venture-capital-startup-funding-roundup-june-23-2026/
• https://www.crunchbase.com/organization/eniac-ventures/signals_and_news/timeline
• https://www.zoominfo.com/c/eniac-ventures-lp/347417490

Other VCs in United States

• Sequoia Capital · Generalist VC, Menlo Park·
• Andreessen Horowitz · Generalist VC, Menlo Park·
• Benchmark Capital · Early-stage VC, San Francisco·
• Founders Fund · Contrarian VC, San Francisco·
• Khosla Ventures · Multi-stage VC, Menlo Park·
• Greylock Partners · Early-stage VC, Menlo Park

Explore VCs by sector

• Generalist in United States

Globally

• Generalist worldwide

Frequently asked