# Innovation Ventures

> Innovation Ventures is a VC fund in Wilmington backing Software and Marketing. See 16 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Wilmington, United States
- Total investments: 16
- Last investment: Oct 2024
- Lead investor: 31%
- Last updated: Aug 2026
- Website: http://www.innovationventures.com

Innovation Ventures is an early-stage venture capital management firm managing funds that invest in early and growth-stage scalable enterprises with disruptive technologies throughout the Mid-Atlantic region. Our industry focus is varied and focuses on SAAS information technologies, E-Commerce platforms, human resources, and education software,healthcare IT, media, and business information services; and advanced chemicals and materials.Innovation Ventures, L.P. (IV), is a venture capital fund focused on growth and early-stage investments in the areas of information technology; e-commerce technology, software; business information services related to the legal, financial services, and manufacturing industries; chemicals and materials; and, electronic materials and devices. IV invests in enterprises located primarily on the East Coast, with a particular emphasis on the Mid-Atlantic region including PA, DE, NY, MD, and NJ.

## Contacts

5 contacts available for Innovation Ventures. Shizune tracks 2 team members at Innovation Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/innovation-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $600k–$6.6M |
| Series A | $800k–$2.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 19% |
| Marketing | 2 | 13% |
| Consulting | 2 | 13% |
| Health Care | 2 | 13% |
| Human Resources | 2 | 13% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 5 | 31% |
| Funding Round | 3 | 19% |
| Seed | 2 | 13% |
| Series B | 2 | 13% |
| Series C | 1 | 6% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 10 | 63% |
| China | 1 | 6% |
| Saudi Arabia | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Abdulrahman Hariri | Founder | 0 | https://shizune.co/investors/profile/abdulrahman-hariri |
| Eric Myhre | Co-Founder & CEO | 0 | https://shizune.co/investors/profile/eric-myhre-0b1d |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| NuRain | NuRain offer sustainable water management, innovating AGS & GDM wastewater tech to save energy and reduce sludge. | $600.4K | Seed | Oct 28, 2024 |  |
| Xclaim | XCLAIM is building the first-ever marketplace for e-trading the debt of bankrupt companies. More than $2 trillion of this type of debt has traded over the last decade, all on paper. They connect distressed debt investors with the vendors, supplies, landlords, and any other party with unpaid receivables due from a bankrupt company. By increasing theefficiency of trading, XCLAIM is creating liquidity in an illiquid market.It was founded in 2018 and is based in Los Angeles, California. | $6.6M | Seed | Jun 25, 2021 |  |
| Haier | Haier is an appliances brand, launching a wide range of innovative products in all categories, including refrigerators, air conditioners, washing machines, panels, water heaters, commercial refrigerators, wine cellars, and microwave ovens.Haier is known for introducing innovative products in the country and is remembered for its revolutionaryBottom Mount Refrigerators, launched for the first time in India followed by the patented Double Drive technology in Washing Machines. LCDs with motion gaming technology, Washing machines with NZP technology, 3 door refrigerators with smart convertible space, and Water heaters with music functions are examples of continuous innovation at Haier for the Indian market.Haier has established a wide dealer network with presence in more than 6500 outlets all over the country, which is backed by a durable service and after sales service network. Haier Products are available at retail outlets and in most of the modern retail chains. Haier today offers a host of world-class products and has a presence in almost all segments of home appliances and consumer durables.Haier is ranked India’s 19th Most Trusted Brand among 16,000 brands studied by Trust Research Advisory in 2011. In 2013, Haier was also awarded the ’Product Differentiation Excellence Award’ in the Consumer Electronics Market in 2013 by the global consultancy and research firm Frost and Sullivan.Haier was founded in 1984 and is headquartered in New Delhi, India. | $134.7M | Post-IPO Equity | Aug 25, 2017 |  |
| Sidecar | Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerfulonline shopping campaigns. |  | Series A | Jun 12, 2014 |  |
| Sidecar | Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerfulonline shopping campaigns. |  | Series A | Dec 01, 2012 |  |
| CMP.LY | CMP.LY — the standard for making disclosures in social and digital media — helps brands and agencies fulfill regulatory obligations while improving the effectiveness of their marketing and corporate communications programs.The company provides easy-to-deploy, purpose-built disclosure and compliance solutions for contests and promotions, brandadvocate programs, investor relations, financial services, affiliate marketing, healthcare marketing and employee social media.CMP.LY’s patent-pending framework is based on easily identifiable icons and URLs providing a universally recognizable convention that communicates required disclosures across platforms such as Facebook, Twitter, Pinterest, LinkedIn, Google+, blogs and other digital media channels. | $2.4M | Series A | Jun 01, 2012 |  |
| Sidecar | Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerfulonline shopping campaigns. |  | Series A | Nov 01, 2011 |  |
| Careerminds Group | Careerminds is a national provider of affordable, web-based outplacement solutions for companies that are downsizing or reorganizing. They are a team with a passion for developing and sharing practices that help individuals find their professional success. They give people the opportunity to challenge themselvesâ€”challenge their mindsâ€”and findthe courage to grow. | $1.3M |  | May 04, 2011 |  |
| Careerminds Group | Careerminds is a national provider of affordable, web-based outplacement solutions for companies that are downsizing or reorganizing. They are a team with a passion for developing and sharing practices that help individuals find their professional success. They give people the opportunity to challenge themselvesâ€”challenge their mindsâ€”and findthe courage to grow. | $800K | Series A | Sep 09, 2010 |  |
| Centice | Centice develops PASS Rx, a pharmaceutical authentication sensor system improving the verification process for dispensed medications. Centice has focuses on the development of the PASS Rx system, a pharmaceutical verification product. The company was founded in 2003 and headquartered in Morrisville, North Carolina. | $6.1M | Series C | Jan 17, 2010 |  |

10 of 16 investments shown.

## Co-investors
- [ARC Angel Fund](https://shizune.co/investors/profile/arc-angel-fund) — VC Fund, 4 deals together
- [Gabriel Investments](https://shizune.co/investors/profile/gabriel-investments) — VC Fund, 4 deals together
- [Nextstage Capital](https://shizune.co/investors/profile/nextstage-capital) — VC Fund, 4 deals together
- [Novak Biddle Venture Partners](https://shizune.co/investors/profile/novak-biddle-venture-partners) — VC Fund, 2 deals together
- [Rittenhouse Ventures](https://shizune.co/investors/profile/rittenhouseventures) — VC Fund, 2 deals together
- [Robin Hood Ventures](https://shizune.co/investors/profile/robin-hood-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Innovation Ventures invest in?

Innovation Ventures invests primarily in Software, Marketing and Consulting startups, most often at Series A and Funding Round stage. Most of the 16 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Innovation Ventures's check size?

Innovation Ventures typically joins rounds of $600k–$6.6M at Seed and $800k–$2.4M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Innovation Ventures participates in.

### How do I contact Innovation Ventures?

Public channels for Innovation Ventures include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Innovation Ventures?

The team at Innovation Ventures includes Abdulrahman Hariri (Founder) and Eric Myhre (Co-Founder & CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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