Eric Schmidt
Description
Eric Schmidt is a highly influential figure in the technology and venture capital landscape, best known for his transformative tenure as CEO and Executive Chairman of Google and its parent company, Alphabet Inc. His investment activities are primarily channeled through Innovation Endeavors, a venture capital firm he co-founded, and Hill House Ventures, his personal investment vehicle. Additionally, Schmidt Futures, a philanthropic initiative, also makes significant strategic bets in science and technology. Schmidt's investment philosophy is characterized by a strong focus on deep technology, artificial intelligence, and frontier innovations that have the potential for significant societal impact.
Innovation Endeavors, established in 2010, targets early-stage companies, typically from Seed to Series B rounds. The firm is known for its data-driven approach and its emphasis on supporting founders building foundational technologies. Investments span diverse sectors including AI infrastructure, cybersecurity, biotech, and advanced materials. Beyond capital, Schmidt and his teams provide strategic guidance, leveraging his extensive experience in scaling global technology companies. His involvement often signals strong validation for nascent startups, attracting further investment and talent.
Through Hill House Ventures, Schmidt makes more personal and strategic investments, often co-investing alongside established venture firms. While specific check sizes for Hill House Ventures are less publicly detailed, they generally align with his interest in disruptive technologies and companies poised for significant growth. Schmidt's broader commitment to technological advancement is also evident through Schmidt Futures, which has deployed substantial capital, including investments of up to $10 million in promising startups and research initiatives, aiming to solve global challenges through scientific and technological breakthroughs.
Overall, Eric Schmidt acts as a sophisticated and strategic investor, leveraging his unparalleled industry insights and network. His typical first checks through Innovation Endeavors often range from $1 million to $10 million for early-stage companies, reflecting his commitment to backing innovative founders at critical junctures. His investment footprint underscores a dedication to shaping the future of technology and addressing complex global issues through entrepreneurial ventures.
Investor Profile
Eric Schmidt has backed more than 70 startups, with 8 new investments in the last 12 months alone. The firm has led 6 rounds, about 9% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, France.
- Strong thematic focus on Artificial Intelligence (AI), Software, SaaS.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (27%)
- Series A (24%)
- Series B (16%)
- Series C (9%)
- Series Unknown (9%)
- Series D (4%)
- Angel (3%)
- Grant (3%)
- Convertible Note (1%)
- Pre Seed (1%)
Country Focus
- United States (87%)
- United Kingdom (4%)
- France (3%)
- Israel (1%)
- Canada (1%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Saas
- Information Technology
- Generative Ai
- Machine Learning
- Analytics
- Internet
- Big Data
- Marketplace
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.