IDrive® Ventures - Nurturing Young Businesses

Investing in Founders Building Tomorrow’s Technology

IDrive^® Ventures backs early-stage companies building the next generation of AI technology, enterprise software, and semiconductor innovations. We partner with founders developing scalable, high-impact solutions that shape the future of computing and intelligent automation.

Our mission is to identify promising deep-tech startups and support them with investment capital, product guidance, and long-term strategic mentorship.

Core Areas of Interest

Artificial Intelligence & Machine Learning

AI models, generative AI tools, automation platforms, cybersecurity AI solutions, predictive analytics, and applied machine learning for enterprise-scale use cases.

Enterprise Software & Cloud Platforms

SaaS products, data management systems, workflow automation tools, cloud-native applications, and platforms enabling large-scale digital transformation.

Semiconductors & Chip Design

Innovations in high-performance computing, AI accelerators, edge-computing chips, and modern hardware architectures optimized for intensive workloads.

Healthcare Technology

Technology-driven healthcare startups, including companies advancing genomics, diagnostics, and next-generation medical devices.

Team

The IDrive Ventures team includes managers at IDrive Inc. who are industry veterans with expertise in cloud technology, mobile industry, finance, liberal arts and social media, and have proven abilities to mentor emerging talents.

Based in Los Angeles, IDrive Ventures is lead by Raghu Kulkarni, Founder and CEO of IDrive Inc. who is a pioneer in the cloud storage arena, and has lead IDrive online backup to be one of the top players in the online backup space. Since launching in the early 2000s, IDrive has grown to become a profitable, self-sustaining force in the cloud with over 3 million users worldwide, storing over 100 Petabytes of customer data.

Empowering AI, Enterprise Software, & Chip Design Innovators