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Deepak Verma
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Deepak Verma

Partner

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At a glance

Full Name
Deepak Verma
Title
Partner (Operating Partner), Innospark Ventures; CEO, EnglishHelper
Firm
Innospark Ventures
Firm Type
Venture Capital / Early-stage AI fund (angel-style, invests own capital)
Investment Stage
Pre-Seed, Seed, Series A
Check Size
~$2M average; can lead rounds
Target Company Profile
Early-stage startups where AI is core to the business, paired with a founder who benefits from hands-on operating support
Sector Focus
Applied AI across enterprise, healthcare/life sciences, biotech, and education
Geographic Focus
USA (Boston / New England anchored), with mission emphasis on India and non-English-speaking emerging markets
Location
Greater Boston, Massachusetts

Background

Deepak Verma is a Partner at Innospark Ventures, a Boston-based, AI-only venture fund founded in 2018 by AI scientist and serial entrepreneur Dr. Venkat Srinivasan. Innospark backs early-stage companies where artificial intelligence is central to solving complex problems, investing its own capital and acting as an operational partner to founders. Verma has served as a Partner there since roughly 2019, sourcing and supporting investments across enterprise, life sciences, and education.

Uniquely among the firm's partners, Verma also runs a portfolio company from the inside: in April 2024 he became CEO of EnglishHelper, an Innospark-backed company that uses AI to help people build reading, comprehension, and English-language literacy — a mission he has championed publicly for India and other non-English markets. This dual investor-operator role gives him direct, day-to-day operating experience alongside his venture work.

His earlier career spans operating and social-impact leadership. He was Managing Director of Nv Vogt Singapore Pvt. Ltd., an Asia-focused solar power developer he co-founded with a German solar company; COO of Emergent Ventures India; and CEO of the Clinton Foundation's HIV/AIDS Initiative (CHAI), leading large-scale global health programs.

Academically, Verma is a graduate of the Indian Institute of Technology (IIT) Delhi, and holds an M.S. in Mechanical Engineering from the University of Notre Dame, an M.S. in Computer Science from the University of Minnesota, and an MBA from the MIT Sloan School of Management.

Investment Thesis & Focus

  • Invests exclusively in applied AI — companies where AI is the core of the business, not a feature — consistent with Innospark's AI-only mandate.
  • Stages: Pre-Seed, Seed, and Series A, with an average check around $2M and the ability to lead rounds.
  • Sector concentration: enterprise software, healthcare/life sciences, biotech, and education.
  • Describes himself as a "mission-driven" investor in applied AI, with a signature focus on AI-driven English-language learning for India and other emerging, non-English-speaking markets.
  • Brings an operator's lens — as EnglishHelper's CEO he values founders who can execute and translate AI into real-world outcomes, mirroring Innospark's "builder's mindset" of being a rigorous, hands-on partner.

Notable Investments

  • EnglishHelper — AI-powered English reading and literacy platform; Verma is not only an investor but its CEO (from April 2024), his most direct and hands-on involvement.
  • PathAI — AI-driven pathology for improved diagnostics (Innospark portfolio).
  • Ava Robotics — autonomous telepresence and workplace robotics (Innospark portfolio).
  • Wyebot — AI-based WiFi/network intelligence and assurance (Innospark portfolio).
  • Nutrimedy — digital therapeutics / clinical nutrition (Innospark portfolio).
  • Videa Health — AI for dental diagnostics (Innospark portfolio).

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