ceo google ventures Continues Investing in Healthcare and Tech

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Corporate professionals engaged in a formal business meeting in a modern conference room setting.
Credit: pexels.com, Corporate professionals engaged in a formal business meeting in a modern conference room setting.

Google Ventures, led by CEO Bill Maris, has been actively investing in healthcare and tech startups. They've made significant investments in companies like Flatiron Health, which provides software for cancer research.

Flatiron Health received a $130 million investment from Google Ventures, demonstrating the company's commitment to healthcare innovation. This investment has helped Flatiron Health expand its platform and improve patient outcomes.

Google Ventures has also invested in tech startups like Nest, a home automation company acquired by Google in 2014. This investment showcases the company's interest in smart home technology and innovative products.

Google Ventures' focus on healthcare and tech has led to numerous successful investments and partnerships, solidifying its position as a leader in the venture capital industry.

Bill Maris Steps Down

Bill Maris, the CEO and founder of Google Ventures, is leaving the firm this week.

GV, owned by Alphabet, was formed in 2009 and has invested in over 300 companies across various sectors.

Credit: youtube.com, Bill Maris (Google Ventures) Failures Along The Way

Maris was involved in GV's founding seven years ago and managed its $2.4 billion investment fund.

He's leaving because everything is great at GV, according to Maris, who wants to spend more time with his young son and have some solitude.

David Krane is now listed as GV's CEO and managing partner, having worked at Google for over 16 years.

Krane has made investments in notable companies like Uber, Nest, and Urban Engines.

Before joining Google, Krane worked at Apple, Qualcomm, and several small security firms.

Maris believes Krane is the correct person to replace him.

Google Ventures Investment

Google Ventures established itself as a leading technology investment firm under its leadership, managing over $2.4 billion in capital in 2015.

It achieved a number of successes, including investments in startups like Uber, Nest, Slack, and Jet.com.

The firm also had misses, such as the app Secret.

Google Ventures branched out from its tech base, increasing investments in startups operating in fields like health and biotech.

It withdrew from Europe after rolling up its European investment arm into its global operation in December.

Google Ventures Europe launched in July 2014 with an initial £100 million investment, which was later raised to £125 million.

Frequently Asked Questions

How much money is Google Ventures worth?

Google Ventures has over $10 billion in assets under management, making it a significant player in the venture capital industry.

What is the difference between Capital G and Google Ventures?

CapitalG focuses on later-stage investments, whereas Google Ventures invests in companies across all stages and industries. This difference in focus allows them to support different types of businesses and growth stages.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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