Hillspire
Hillspire is Eric Schmidt's private family office, founded in 2007 in Menlo Park. It manages the Schmidt family's wealth through direct investments, with a current strategic focus on artificial intelligence companies and several mega-round lead investments in 2025.
- Company typePrivate
- Founded2007
- HeadquartersMenlo Park, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Hillspire does
Hillspire is Eric Schmidt's private family office, founded in 2007 and headquartered in Menlo Park, California. The firm functions as an integrated family office management company responsible for deploying and managing the personal capital of the Schmidt family, the bulk of which has been directed in recent years toward direct investments in artificial intelligence companies. Hillspire does not sell external products or services; its operating purpose is investment stewardship of family wealth.
The firm's portfolio activity is concentrated in frontier AI. In 2025, Hillspire disclosed 15 direct investments, more than any other family office tracked by CNBC, which ranked it first on its inaugural Family Office 15 list. The most significant positions include leading Reflection's $2 billion Series B at an $8 billion valuation (an open-source superintelligence lab), leading Goodfire's $150 million Series B (an AI safety and interpretability startup), and participating in General Intuition's $320 million Series A at a $2.3 billion valuation (an AI lab focused on spatial-temporal reasoning). The investment pattern shows deliberate thematic concentration across AI safety, open-source frontier models, and embodied AI rather than diversified venture exposure.
As a single-family office, Hillspire operates as a privately held LLC with no external revenue model, no parent company, and no public reporting. The firm employs between 101 and 250 people and is led by Kenneth Goldman as President & Co-Founder and Gregg Goldman as Chief Financial Officer and Senior Vice President of Finance. Capital deployment is the primary mechanism by which the firm exercises strategic intent, with the Schmidt principal as the singular source of investment authority and risk-bearing capacity.
Hillspire firmographics
Firmographics- Name
- Hillspire
- Legal name
- Hillspire LLC
- Website
- https://hillspirellc.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Hillspire is Eric Schmidt's private family office, founded in 2007 in Menlo Park. It manages the Schmidt family's wealth through direct investments, with a current strategic focus on artificial intelligence companies and several mega-round lead investments in 2025.
- Ownership category
- akta.pro rank
Where Hillspire is headquartered
LocationHeadquarters
- HQ city
- Menlo Park
- HQ country
- United States
- HQ region
- North America
Markets served
Hillspire business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Hillspire product offering
Product offeringCore offering
Hillspire is an integrated family office management company that deploys and invests the personal capital of its principal into strategic technology investments. It serves as a private investment vehicle, leading and participating in funding rounds for AI and frontier technology companies such as Goodfire, Reflection, and General Intuition.
Product overview
Hillspire is Eric Schmidt's family office, functioning as a private investment firm rather than a technology product or service company. Based on the available source data, Hillspire does not offer products, platforms, or services to external customers. The company focuses on direct investments in AI and technology companies, including leading funding rounds for companies such as Goodfire, Reflection, and General Intuition.
Differentiator
Problem solved
Functional benefit
Companies that use Hillspire
Customer profileIdeal customer profiles1 record
Hillspire technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hillspire partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
Hillspire competitors and assessment
Company assessmentOthers
- Schmidt Futures: Schmidt Futures is Eric Schmidt's philanthropic and science talent platform. Sister entity to Hillspire under the same principal, sharing the AI/scientific talent thesis but operating as a grantmaker rather than a for-profit investor.
Direct peers
- Omidyar Network: Omidyar Network is Pierre Omidyar's family office investing across technology, AI ethics, and frontier sectors. Comparable to Hillspire as a founder-backed family office deploying patient capital into mission-aligned technology and AI investments.
- Bezos Expeditions: Bezos Expeditions is Jeff Bezos's personal family office, deploying founder capital into frontier technology and science investments. Directly comparable to Hillspire as a single-family office making direct, often lead-scale, private investments into deep tech and AI.
- Emerson Collective: Emerson Collective is Laurene Powell Jobs's family office, blending philanthropy and direct venture investments across technology, climate, and media. Comparable to Hillspire as a founder-led family office deploying personal capital into technology with both impact and return mandates.
- Vulcan Capital: Vulcan Capital is the late Paul Allen's family investment vehicle, focused on technology, AI, and science. Closely comparable to Hillspire in structure and AI-thesis orientation, with a track record of leading and co-leading large venture rounds in frontier tech.
Emerging players
- Khosla Ventures: Khosla Ventures is a leading AI-first venture firm that co-invested alongside Hillspire in General Intuition. Comparable as an AI-concentrated investor leading large rounds in frontier AI companies, though structured as an institutional VC rather than a family office.
- Allen Institute for AI (AI2): AI2 is Paul Allen's nonprofit AI research institute, overlapping with Hillspire's AI safety and frontier-model themes. Comparable through its connection to a tech-founder family office mission and direct focus on open and safe AI development.
- Valar Ventures: Valar Ventures is Peter Thiel's venture firm focused on early-stage technology. Comparable to Hillspire as a founder-led vehicle backing transformative tech, though structured as a multi-stage fund rather than a single-family office.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights6 records
Customer concentration
Hillspire financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hillspire leadership team
Management profileNumber of profiles
Profiles2 records
Hillspire funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hillspire M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hillspire
What does Hillspire do?
Hillspire is an integrated family office management company that deploys and invests the personal capital of its principal into strategic technology investments. It serves as a private investment vehicle, leading and participating in funding rounds for AI and frontier technology companies such as Goodfire, Reflection, and General Intuition.
Is Hillspire a public or private company?
Hillspire is a private company. It is classified as family owned and is currently operating.
When was Hillspire founded?
Hillspire was founded in 2007. It employs 101 to 250 people.
Where is Hillspire based?
Hillspire is headquartered in Menlo Park, United States, in the North America region.
Who are Hillspire's main competitors?
Schmidt Futures is listed as an others. Direct peers are Omidyar Network, Bezos Expeditions, Emerson Collective and Vulcan Capital. Emerging players are Khosla Ventures, Allen Institute for AI (AI2) and Valar Ventures.
Does Hillspire have an API?
No public API is recorded for Hillspire.