Asset ManagerRIA · CRD 312851SEC-RegisteredPrivate Fund Adviser

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Innovation Endeavors

Innovation Endeavors is a venture capital firm founded by Dror Berman in 2010, investing in deep tech, AI, and climate across the US and Israel.

Innovation Endeavors

INNOVATION ENDEAVORS IV ADVISERS LLC is an SEC-registered investment adviser in Palo Alto, California, since 2021. It is headquartered there.

General information

Firm type

Asset Manager

Year founded

2010

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Palo Alto

Corporate office

Palo Alto, CA, United States

Additional offices

New York, NY, United States

Principals

Dror Berman

Founder and Managing Partner

Sam Smith-Eppsteiner

Partner

Sector focus

AI/MLEnterprise SoftwareIndustrial TechClimateTechDigital HealthFinTech

Frequently asked questions

Who runs investment decisions at Innovation Endeavors?

Dror Berman, founder and managing partner, leads investment strategy. Partners include Sam Smith-Eppsteiner. Eric Schmidt serves as a strategic partner (per firm website).

How does Innovation Endeavors source proprietary deal flow?

The firm sources deal flow through three channels: direct venture investing, its Frontier Studio for company creation, and its relationship with Eric Schmidt, which provides access to deep tech and research-driven founders.

Does Innovation Endeavors invest only in early-stage companies?

No. The firm invests across seed, Series A, and Series B stages, as its portfolio includes companies at varying maturity. It also builds companies internally through Frontier Studio.

What investment stages does Innovation Endeavors typically target?

The firm targets seed through Series B, focusing on companies commercializing scientific breakthroughs in AI, climate, biotech, and industrial tech.

Which sectors does Innovation Endeavors explicitly avoid?

The firm does not disclose sectors it avoids, but its public portfolio suggests it prioritizes deep tech over consumer or short-cycle businesses.

How is Innovation Endeavors related to Eric Schmidt?

Eric Schmidt is a strategic partner, not a daily manager. He provides capital, network access, and guidance but does not run day-to-day operations per the firm's public profile.

Does Innovation Endeavors maintain philanthropic structures?

The firm does not appear to run a separate foundation. Its impact thesis is embedded in its investment strategy, focusing on technologies that address global challenges like climate change.

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