George Hoyem

Growth Partner

George Hoyem is a distinguished venture capital executive and technology leader with over 25 years of experience spanning venture capital, entrepreneurship, and the national security intelligence sector. As Executive Vice President of Investments at In-Q-Tel (IQT)—the strategic venture capital arm of the CIA and U.S. Intelligence Community—George led a team that invested in more than 800 dual-use and defense-first startups. His focus areas included advanced analytics, AI, cloud, cybersecurity, and IT infrastructure, ensuring that critical emerging technologies reached national security agencies.

Throughout his tenure at IQT, George personally led over 40 investments and served on the boards of numerous innovative companies, such as Groq, Cylance, D-Wave, GitLab, Matterport, Phantom, Primer, and Swarm Technologies. His leadership helped shape the federal market strategies of these companies and bridged the gap between cutting-edge startups and the demanding needs of national security.

George’s influence extends beyond IQT. He served a four-year term on the Board of Directors of the National Venture Capital Association (NVCA), where he championed policies supporting entrepreneurship and the growth of VC-backed companies, helping to shape the future of the U.S. innovation ecosystem.

Prior to IQT, George held senior roles at leading venture firms including Blueprint Ventures, Redleaf, and El Dorado Ventures, specializing in internet and software infrastructure investments. Earlier in his career, he managed multiple $40M+ P&L businesses as a General Manager and led the Internet Commerce Division at Verifone, contributing to its $1.3B acquisition by Hewlett Packard.

George Hoyem is recognized as a trusted and visionary leader, closely connected with the top echelons of venture capital, U.S. intelligence, and national security communities, and remains at the forefront of technology innovation and investment.