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Idealab

Venture studio

Pasadena · Pre-Seed–Seed · 9 people tracked

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Investment thesis

Idealab operates as a technology incubator that identifies large real-world problems solvable with technology, then tests numerous ideas in parallel. When an idea shows strong promise, the firm recruits a team, spins it out as a standalone company, and supports its growth into a successful business. Ideas are generated internally rather than sourced from outside founders, so the firm does not accept unsolicited business plans. Over its history it has launched more than 150 companies spanning areas such as clean technology and consumer internet, producing a substantial number of IPOs and acquisitions.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Seed
HQ
Pasadena, CA, US
Instruments
Equity
Founded
1996
Tracked investments
3

Team · 9 people

from the firm's website
Gloria Hou· Controller
Marcia Goodstein· Chief Executive Officer and President
Renée LaBran· Board of Directors
Stephanie Marquez· Director of Facilities
Susan Aledort· General Counsel
Tod Cole· Vice President, Information Technologies
Tom McGovern· Managing Director
Yeran Melelian· Vice President, Human Resources

Investments · 3 tracked

founders shown can be your intro path
CitySearch

Established the category of local online community directories; now part of IAC.

eToys

Early online consumer retail brand during the beginnings of e-commerce.

Overture Services

Originally GoTo.com; first company to introduce the concept of paid search.

Frequently asked questions

What stage does Idealab invest at?
Idealab invests at the Pre-Seed, Seed stages.
What sectors does Idealab focus on?
Idealab focuses on AI & Machine Learning, Cleantech, Consumer, Crypto & Web3, Deep Tech, E-commerce, Energy, Mobility & Transportation, Robotics.
Where is Idealab located?
Idealab is headquartered in Pasadena, US.

Media · Podcasts & interviews

featuring the team

Episode 2259: Idealab founder Bill Gross on what's he's learned over the last 20 years

Keen On · Bill Gross

Idealab and Heliogen Founder Bill Gross | Full Interview | Code 2022

Recode · Bill Gross

Idealab’s Bill Gross: Converting radical ideas into ground breaking companies | SOSV Climate Tech

SOSV · Bill Gross

Investors (Bill Gross Idealab) Lesson 20

Idealab · Bill Gross

Culture (Bill Gross Idealab) Lesson 18

Idealab · Bill Gross

Protect Your Intellectual Property (Bill Gross Idealab) Lesson 12

Idealab · Bill Gross

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