IBM
IBM Ventures is IBM’s venture capital fund. We invest in early-stage enterprise software startups building innovative technologies for the enterprise. To us, that means investing in broad trends that are strategically relevant to the future of IBM – across AI, data, cybersecurity, quantum computing, and sustainability. We are doubling down on our vision of an open and trusted future for enterprise AI with our announcement of a USD 500 million Enterprise AI Venture Fund. While we’ll continue to invest in non-AI related industries, we wanted to underscore our commitment to accelerating AI technologies for the enterprise. At our core, we are laser-focused on investing in, partnering with, and helping build the next generation of great enterprise technology companies – in AI and beyond. Per Crunchbase, IBM Ventures has made 37 investments, 11 as lead investor across 35 portfolio companies, with 9 exits including 1 IPOs.
Investing activity
IBM appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $11.6B, and led 1 of them. The rounds are mostly Series B, with a median round size of $640M. The most recent are Confluent (Acquisition, $11B, Dec 2025) and Mistral AI (Series B, $640M, Jun 2024).
IBM most often invests alongside General Catalyst, Lightspeed Venture Partners, SV Angel and Cisco Investments, and the companies it backs on AI Lounge are mostly in Data streaming and AI.
Deals
Frequently asked questions about IBM
What AI companies has IBM invested in?
IBM's AI investments include Mistral AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is IBM based?
IBM is based in Armonk, US.
What stage does IBM invest at?
In the rounds tracked on AI Lounge, IBM has invested at Series B, with a median round of $640M. IBM led 1 of those rounds.
Who does IBM co-invest with?
IBM's most frequent co-investors on AI Lounge are General Catalyst (1 deal), Lightspeed Venture Partners (1 deal), SV Angel (1 deal), Cisco Investments (1 deal) and ServiceNow Ventures (1 deal).
How can founders reach IBM?
Founders on AI Lounge can see IBM's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add IBM to their Investor Pipeline to track the conversation.