Mike Eberhard
About Mike Eberhard
Mike Eberhard is based in Bellevue, Washington. His X profile describes him as a retired President of SAP's Intelligent Spend Group, which covers SAP Ariba, SAP Concur and SAP Fieldglass. Press coverage of the U-ZERO round also identifies him as a former president of Concur Technologies.
Crunchbase lists him as a past board member at Castlight Health, and as a board member at Oversight since October 2020. It also notes that he attended Providence College.
Crunchbase lists three personal investments: TROOP (formerly TroopTravel), SweepLift and U-ZERO. CB Insights records him as a co-investor in TroopTravel's $8M Series A, dated 30 September 2021, alongside Madrona Venture Group, Plug and Play Ventures and others.
Crunchbase also shows him in SweepLift's pre-seed round. SweepLift is a Brooklyn, New York company, and the round date is not shown in the public excerpt. Lead-investor roles and check sizes are not disclosed on any source reviewed.
His clearest AI investment is U-ZERO, a Tokyo startup that sells an AI-powered employee engagement platform. The company announced the first close of its seed round on 3 June 2026. Reports put the first close at ¥950M, roughly $6.3M to $6.6M depending on the outlet. Other backers include Allen Miner, Fujitsu Ventures, Global Hands-On VC and Waseda Business School professor Masao Hirano.
Eberhard also joined U-ZERO as a special advisor. U-ZERO's CEO, Masamune Mimura, previously led Concur Japan. The company says it will use the funds for product development, hiring, and sales and marketing.
Public data is thin. His disclosed deals span pre-seed (SweepLift), Series A (TroopTravel) and seed (U-ZERO), across the United States and Japan. His operating background is in enterprise spend and travel and expense software. His one disclosed AI deal applies AI to HR technology. He has not published a check size or a statement of what he looks for in founders.
- U-ZERO: Tokyo startup building an AI employee engagement platform. Seed round, first close announced June 2026. He is also a special advisor.
- TROOP (formerly TroopTravel): travel company. He appears as an investor in its Series A, dated September 2021.
- SweepLift: Brooklyn, New York company. He is listed as a pre-seed investor, with no round date shown.
- crunchbase.com/person/mike-eberhard
- crunchbase.com/organization/sweeplift
- cbinsights.com/investor/jim-lucier
- x.com/meber99
- app.dealroom.co/news/note/u-zero-tokyo-based-ai-employee-engagement-st
- thesaasnews.com/news/u-zero-raises-y-950m-seed-round
- thebridge.jp/en/2026/06/visualizing-employee-voices-with-ai-employee-e
- linkedin.com/in/mikeeberhard
Investing activity
Mike Eberhard appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $6M. The most recent is U-ZERO (Seed, ¥950M, Jul 2026).
Mike Eberhard most often invests alongside Global Hands-On VC, Allen Miner, Masao Hirano and Fujitsu Ventures Limited, and the companies they back on Lounge are mostly in AI.
Deals
Frequently asked questions about Mike Eberhard
Who is Mike Eberhard?
He is a Bellevue, Washington investor and retired SAP executive. He is a former president of Concur Technologies and of SAP's Intelligent Spend Group, according to his X profile and press coverage.
Has Mike Eberhard invested in AI startups?
Yes. He backed the seed round of U-ZERO, a Tokyo AI employee engagement startup, which announced its first close in June 2026. He also became a special advisor to the company.
What is Mike Eberhard's typical check size?
It is not public. None of the sources reviewed disclose his check sizes or ownership targets.
What stages does Mike Eberhard invest in?
His listed deals include pre-seed (SweepLift), Series A (TroopTravel) and seed (U-ZERO). He has not published a stated stage preference.
What has Mike Eberhard said he looks for in founders?
No public statement was found. His background in enterprise software, spend management and travel and expense suggests he is most relevant to founders in those areas. That is an inference and not something he has said.
Is Mike Eberhard an angel investor?
Yes. Mike Eberhard invests personally as an angel.
What AI companies has Mike Eberhard invested in?
Mike Eberhard's AI investments include U-ZERO. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Mike Eberhard invest at?
In the rounds tracked on Lounge, Mike Eberhard has invested at Seed, with a median round of $6M.
Who does Mike Eberhard co-invest with?
Mike Eberhard's most frequent co-investors on Lounge are Global Hands-On VC (1 deal), Allen Miner (1 deal), Masao Hirano (1 deal) and Fujitsu Ventures Limited (1 deal).
How can founders reach Mike Eberhard?
Founders on Lounge can see Mike Eberhard's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with them under Warm Paths, and add Mike Eberhard to their Investor Pipeline to track the conversation.