IB

Inaki Berenguer

Managing Partner at LifeX Ventures

United States

Overview

Work Experience

  • Managing Partner

    2022 - Current

    $100M debut fund investing in visionary entrepreneurs building a longer and better life for People and Planet.

  • Multiple Non Profit Organizations

    2022

    Current: -Advisory Board, Rafael del Pino Foundation -Chairman, Inaki Berenguer Foundation -Board of Friends, Teatro Real (Royal Opera in Madrid) -Board, MIT Alumni Association Mentor/Advisor: Kauffman Fellows, Illumina Accelerator

  • President and co-founder

    2020

    A lossless optical network engine for datacenter and AI infrastructure. iPronics has raised $7M from Amadeus Capital Partners and others, in addition to $3M in EU grants, to design and develop its silicon photonic chips. Selected by Nature as one of the university spin-off companies to watch worldwide. Co-founded with Prof Capmany, Fellow of IEEE and OSA, and the recipient of the 2021 IEEE Photonics Society Engineering Achievement Award, the 2020 National Research Award in Engineering, and the 2012 King James I Prize Laureate on novel technologies.

  • Guest Lecturer

    2016

    - 15.497 MIT Sloan - Fintech Ventures (Matt Rhodes Kropf) - 15.431 MIT Sloan - Entrepreneurial Finance and Venture Capital (Matt Rhodes Kropf) - 15.365 MIT Sloan - Overcoming Obstacles to Entrepreneurial Success (Ed Roberts) - 15.360 MIT Sloan - E&I Starting a new company right out of MIT (Ed Roberts) and others, including mentoring MIT Delta-V

  • Angel Investor

    2010 - 2022

    Exits: Flywire (NASDAQ IPO), Verse (Square), JobandTalent (Softbank), Spell.ml (Reddit), Robinhood (NASDAQ IPO), NorthernBiologics (AstraZeneca), Ducksboard (New Relic), Bipi (Renault), Lytmus (Checkr), Scaphold (Amazon), Eave (Homelight), Blink (Groupon), Cloudstich (Instabase), Destiny XYZ (NYSE IPO), AmperMusic (Shutterstock), Clicars (PSA), Undefined Labs (Datadog), sBiomedic (Beiersdorf), Geoblink (Mytraffic), Kimono (Palantir). Current Investments: Appzen, Cabify, UniPaaS, Paack, Curve, Clikalia, ParticleHealth, Deepcell, GenomeLink, Openlytics, Yotta, Owlstone Medical, Domain Money, Ukio, 011h, Audicus, Uberflip, Shipwell, PandionPro, Graphy, Altbank, SolidFi, ChipperCash, Goin, Galatea Bio, HumaneGenomics, Agentero, ImYooHealth, MitraBio, ImperiumDrive, Doloromics, Lime Therapeutics, ShennonBio, Promakhos Therapeutics, Curex, BitBio, Playchain, Glycanage, Vamos, HumanInterest, PactInsurance, Fetcher, Wagmo, AMFlow, NuntiusTx, Dive Health, LiberaBio, inCircular, and many others.

  • CEO and co-founder

    2015 - 2022

    Acquired by Aon (NYSE:AON) in Jan 2020. Reinventing the way companies buy and manage insurance, leveraging data, design, and technology. An insurance company born online and optimized for today's busy business owners. Launched in 2016. Raised $60M from USV, Foundation, Index Ventures, Two Sigma, Founder Collective, Hank Greenberg (AIG/Starr) and Highland. Hundreds of thousands of business customers across the US. Currently ~450 employees, mainly in NY. Acquired by Aon (https://www.wsj.com/articles/aon-pushes-into-online-insurance-for-small-business-11574259300), the leading global firm providing risk management, retirement and health solutions, with 50K colleagues across 120 countries.

  • 2018 Henry Crown Fellow

    2018 - 2021

  • CEO and co-founder

    2013 - 2015

    The company also operates Contactive, the leading Caller ID solution for Android users with over a million downloads. Klink was acquired by ThinkingPhones in Jan. 2015 (http://onforb.es/1za0r8T). Klink is a big data solution that bridges the gap between telephony and data. The company, with 20 employees, is headquartered in NY and backed by Innov8. After the acquisition by ThinkingPhones in January 2015, I became VP of Product at Thinkingphones. In 2016, the company rebranded as Fuze. Fuze moves all of your voice, video, text, and collaboration apps onto a single, mobile-ready cloud platform, and has raised ~$500MM in funding from Bessemer, TCV and others.

  • CEO and co-founder

    2008 - 2014

    Your social photos brought to life. A new standard for photos on the social web. Acquired (http://tcrn.ch/PV1XKh) in 2012 for ~$30MM by SingTel, world's second largest telco with a combined user base of over 460 million subscribers and market cap of $60Billion. After the acquisition, I became Chief Business Development Officer of the Digital division of SingTel, reporting directly to the CEO of SingTel. Pixable was backed by Highland Capital Partners and Menlo Ventures.

  • Corporate Strategy Manager

    2008 - 2008

    Corporate Strategy Group Assisting senior leadership of Microsoft (directly with Bill Gates, Ray Ozzie and Steve Ballmer) with addressing cross-divisional business challenges and whitespace opportunities (Redmond, WA). Worked in pricing strategies of Azure before Azure had a product name.

Relevant Websites