Inaki Berenguer
@inakib
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LifeX. Entrepreneur living the dream. Grad from MIT and Cambridge University. Marathon runner.
Joined March 2009
Spanish startup @closcadesign just released in record time its design mask against COVID-19. Reusable, adjustable & comfortable with 6 interchangeable filters included. For each mask you buy they will donate 5 to health workers. Congrats @carfega and team
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This is an exciting day for our team at @CoverWallet! Today we announced that we have signed an agreement to join forces with Aon, the leading company in our industry, with 50K employees in 120 countries. Excited about the future together!
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Aitana in Times Square. My daughter Aitana would have loved this
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Today my dad, who is 96 and lives in my hometown in Alicante, finally got his second vaccine shot. I can't wait for everyone to feel this way. Thank you to the hardworking scientists and innovators!.
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@academic_exit No regrets. I’m an introvert and I enjoy being by myself reading, studying, and working, but academia was way too lonely — many days without talking to anyone. We are social animals.
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Back in 2011 I invested in Flywire, my 2nd angel investment ever (I was the 1st investor in the company). Today, 10 years later, it went public at a $3.4B valuation. Congrats @ikermarcaide and thanks for letting me invest #spanishentrepreneurs #valencia
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Big week of IPOs in the NYC startup ecosystem: Datadog ($10B) & Peloton ($7B). More in the pipeline: Compass, Lemonade, Wework, RenttheRunway, Betterment, Oscar, Infor, Squarespace, Dataminr, Lemonade, Away, inVision, Casper, + big exits Jet, Flatiron, Appnexus #matureecosystem.
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After more than 6 years, this week I am closing out the most important, memorable and intense chapter of my career: my journey with CoverWallet. Thank you, everyone.
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Is Madrid the best European city for remote work and quality of life? Yes, according to this new ranking taking into account the cost of living, weather, rent cost, transportation options and cost (airfare and local), tourism, internet quality & cost, .
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NY Governor Cuomo has tapped Google exCEO Eric Schmidt to lead a commission aimed at reimagining the state post-pandemic. He will chair a 15-member group to help NY “use tech in the economy of tomorrow, " focusing on telehealth, remote learning & internet access & infrastructure.
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We’re proud to announce that we raised $18.5M, welcoming @FoundationCap + @USV @indexventures @TwoSigma @CoverWallet.
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Lensa AI (Magic Avatar) tops $1.2B in revenue. From $10M to $1.2B in 2 weeks.
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We just moved into a much bigger office on 5th Avenue and 45th St #fullfloor #coverwallet #nyc #unpacking
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It’s a beautiful day to run the 50th NYC marathon (my 7th in NYC)
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Paris marathon. Not my best time but beautiful course. NYC marathon in 3 weeks
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The market cap of Amazon is bigger than the market cap of the Dax-30 (top German companies: Adidas, Allianz, Basf, BMW, Continental, Daimler, Deutsche Bank, Deutsche Post, Deutsche Telekom, E.ON, Henkel, Infineon, Linde, Merck, Munich RE, RWE, SAP, Siemens, Volkswagen & 10 more)
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Congrats Slack! As a rule of thumb, if you work at an innovative startup, buy stock of B2B companies that your startup uses, even if they seem overpriced. In my case 5yrs ago: Twilio, Okta, Zoom, Asana, Hubspot, . Future IPOs would be Stripe, Talkdesk, Zapier, Customerio, Carta.
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News in the US about Branson’s trip to space: "a landmark moment for a new space age. If you ever had a dream, now is the time to make it come true". News in Spain (Ser): It’s obscene and embarrassing that people have so much money; Branson & Bezos are acting like spoiled kids.
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Great beaches, Mediterranean weather, young population, digital talent, and many universities. That's why @CoverWallet opened a satellite office in Valencia back in 2018 (today with 25 employees)
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Vitrolife acquires @igenomix for $1.25B — Igenomix, founded in 2011 as a spinoff from IVI, is one of the most successful startup stories in Valencia/Spain #unicorn #genomics #geneticdiagnostics #valencia #spanishentrepreneurs @igenomix
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Un buen ejemplo de que la búsqueda de la excelencia no es cosa de un día. “Una” forma efectiva de predecir el éxito futuro es fijarse en logros extraordinarios pasados. Se hizo un seguimiento 10 años después a los estudiantes con mejores notas de selectividad en varias
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Today we are announcing that we raised $7.8MM, adding new investors @usv & @IndexVentures @CoverWallet #insurtech.
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Ana Ariño, la española que guía a Nueva York a liderar la economía del futuro
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This week marks 10 years since the acquisition of Pixable by SingTel, the world’s second-largest telco. This was my first exit, and I learned a few lessons that remained valid in the rest of the acquisitions I was involved with, no matter whether they were large or small.
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Simplicity, convenience, trust, transparency and speed: "CoverWallet looks to make it easy for businesses to get commercial insurance" via @techcrunch #insurtech #startups #smb #customercentricity.
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Imagine designing viruses from scratch on a computer (fully synthetic DNA). And now imagine that those viruses kill cancer cells with high selectivity and efficiency. This is what HumaneGenomics does. Today in the news: #proudinvestor.
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Una de las entrevistas más íntimas y personales que me han hecho #podcast @Kfundvc @jaimenovoa @mike_arias.
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Clayton Christensen (RIP) was known for “the Innovator’s Dilemma” and his theory of disruptive innovation which I usually quote. But I would also like to recommend “How will you measure your life”, a book Gabi Duaso gave me as a present about how to have a fulfilling life
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“Madrid is having a moment. Tourists are flocking, but also would-be residents. They include Americans fleeing toxic politics, northern Europeans seeking an easy-living big city, and most of all Latin Americans”.
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Microsoft plans to invest $10B in OpenAI:.* $29B valuation .* Microsoft receives 75% of OpenAI's profits until it recovers the investment. Will own 49%.* OpenAI expects to generate ~$1B in rev in 2024. * Microsoft will integrate GPT into MS Office & Bing.
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At LifeX we are thrilled to partner with Juan Roig (Mercadona), an inspiration and role model to global #entrepreneurs. cc @amol @angels_capital.
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Ana Ariño, la española que guía a Nueva York a liderar la economía del futuro via @eldiarioes #spanishtalent.
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We are in good company - "Startups with Spanish founders find success in the US" @CoverWallet @letgo @CartoDB @ArinoAna @aberenguerg @lsanza @jatorre #spanishentrepreneurs @SpainInTheUSA @ConsuladoEspNY #nyc via @expansioncom
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The new text-to-speech feature of @Pocket (powered by Amazon Polly, a cloud service to convert text to human speech) feels so human that I had to google whether it was humans reading the articles or it was an algorithm. This is going to become a new podcast app for running.
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There is something special about the energy on the MIT and Harvard campuses. So happy to be back teaching here!
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In Boston for tomorrow’s marathon. My 6th major, this time supporting MGH. Any recommendations for a good burger post race? DM me. @bostonmarathon #boston
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An honor to be the speaker of La Caixa award ceremony in the presence of the King and Queen of Spain
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An inspirational scientist has died - He is one of the reasons I studied at Cambridge University after reading his biography. During my PhD I had the privilege to live for a year in the same room he lived in during his PhD at Trinity Hall (Cambridge)
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Insightful conversation with @fifaifofo @FoundationCap and some colleagues playing a key role in the innovation ecosystem. Clearly crypto will continue being a hot category #crypto #latam #saas #fintech #spain
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Today is the 3rd anniversary of the CoverWallet transaction! . When we signed the deal, we wanted to make sure we memorialized the moment—it's a once-in-a-lifetime experience that few will ever experience. In our case we played one of my favorite joyful pieces of Luigi Boccherini
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My recommendations to Spanish tech entrepreneurs to adapt to the new reality
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Good reminder (via Pablo Srugo):. “As a founder, TechCrunch gave me serious FOMO. Why can't I raise huge rounds? But after 10 years in startups, I realized that big rounds mean nothing. A big round is not a market signal. A big round is not proof that the model works. A big
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Muy buen artículo relacionando:.- la meritocracia y esfuerzo, .- los privilegios familiares, económicos y sociales, y .- las oportunidades educativas.de cara a facilitar la movilidad social y económica. La educación actúa como ascensor social. Pero la movilidad social entre.
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Square acquires Spanish Verse. Congrats @BernieHernie! #spanishentrepreneurs #spain #proudinvestor #fintech
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HP has a new global CEO -.Enrique Lores (teleco Valencia) will take over on Nov 1st @UPV @TelecoUPV #spain.
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excited about the future together!.
Aon anuncia la adquisición de @CoverWallet, la plataforma digital líder de seguros para pymes fundada en 2015 por los emprendedores tecnológicos Iñaki Berenguer (@Inakib) y Rashmi Melgiri . info ->
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Congrats @josecapmany from @UPV and @ipronics (photonic processors for neural networks and 5G) on receiving today the National Research Award 👏👏
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As an entrepreneur, having a chair named after me at Google, feels like having a star on the Hollywood Walk of Fame
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Excited about the @Lemonade_Inc IPO. Great insurtech milestone. I usually say that most new billion $ companies reinvent existing behavior with a SUPERIOR CONSUMER EXPERIENCE based on data, design & tech, rather than bringing something radical & novel to market. Easy products win
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Next week I will be back in Boston (after almost 2 years) teaching 2 classes for MIT-Harvard MBAs. Ping me (DM) if you want to connect.
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Thanks @martinvars and @ninavarsavsky for hosting the #menorcatechtalk and bringing together a group of exceptional global entrepreneurs #weekend #island @ArinoAna
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Happy to complete the NYC Marathon for the 4th time (9th overall) - went straight to the airport - today in Madrid! #bestraceonearth #nyc
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Renault acquires digital car subscription company Bipi #proudinvestor.Subscription vs Ownership: People prefer flexibility (from 1 to 36 months), simplicity & predictability (all included). That’s why I invested in Bipi. Congrats Hans and the whole team
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Preparing the last daily standup of the year and the decade. A few survivors in the @coverwallet office in Madrid #insurtech #tech #spain
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Running Riyadh. My last long run before the Tokyo marathon in 2 weeks
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Non-invasive breath biopsy company Owlstone Medical closes $58M funding round. It has a mission to detect cancer (or liver or respiratory diseases) early, when they can be cured. One of my most exciting investments #proudinvestor #earlydetection
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"Paul Graham says you should only do three things during YC - talk to customers, build product, and exercise. Exercise is like a reset switch for your brain, and the endorphin production and physical exertion will help you level out the ups and downs of startup life".
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Celebrating “cognitive super-agers”. My dad is turning 98 today and maintains 100% of his extraordinary high cognitive function. Less than 1% of Europeans reach 100 and significantly less with their cognitive function intact. Soon this will improve.
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Great news for the deep tech ecosystem in Valencia and its position as a leading photonics hub: Hitachi acquires VLC-Photonics (@UPV spinoff) a market leader in photonic integration chips (PIC). Congrats @josecapmany @vlcphotonics @FcoMoraUPV @munozpascual
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"Becas de Excelencia @CoverWallet" in Spain. This is a sample of the CoverWallet fellows who were selected last year in Spain. We select the brightest students at Spanish universities (best academic records) to complete a 6-month program in Spain and NY
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An honor to receive the 2018 career award at “La Noche de las Finanzas”, shared with Pedro Solbes (3x Minister of Economy and Finance), Utor (CEO of Balearia), and J. Castells (CEO of FIATC). The award was presented by the President Ximo Puig & Conseller d’Economia Rafa Climent
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Coverwallet has finally reopened the NYC office (we have ~300 colleagues in NY although most are still working from home). We also moved to a new building while the office was closed (from 5th Av & 45th St, to Broadway near Times Square). Looking forward to seeing it in August
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For the last 10 days I have been locked down in Madrid. I was supposed to fly back to NY on Sunday 3/8 but we canceled the trip because of the travel ban (smart). /1.
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Always fun sharing my entrepreneurial journey with @MIT and @Harvard students of Prof Matt Rhodes Kropf #cambridge
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Coverwallet new office in Madrid #callealcala #puertadelsol #granvia #canalejas #casino #hiring #wearegrowing
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Insights and opportunities for cities in the future - @ArinoAna today in El Mundo @elmundoes .
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Thanks @johnbuttrick @zgoldstein1 & rest of the @usv team @BradUSV @fredwilson @albertwenger @aweissman @rebeccakaden @nickgrossman for your continued support, constant engagement, and personal advice to build a successful tech company #smartmoney
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We just celebrated our 3rd year anniversary as a company and this is quite the present. Oh and by the way, we are hiring! .- "@CoverWallet is proud to be named today a @CNBC #Upstart100 and recognized as one of the most promising startups in the world!"🚀
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September 2020 is here! Honored to be included in the calendar of Fundación La Caixa, the foundation that sponsored my PhD at Cambridge University
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Just like startups, the Barbie movie is proof that you need to spend money to make money. $145M budget, $300M opening weekend.
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Great profile of my good friend @Aquilino, one of the most successful VCs across Europe in the last decade . @KiboVentures
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Always fun to return to beautiful Valencia to speak with @ikermarcaide about entrepreneurship, investing and tech trends.
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Zurich Insurance Group Invests in Insurance Tech Startup CoverWallet to Fuel International Growth via @VentureBeat.
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Mariano Belinky, the CEO of Santander Bank asset management (with €200bn in assets), is a former fintech guru with a passion for punk rockers the Ramones and a large collection of bass guitars, including one that hangs on the wall of his London office.
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