#Angels - Unicorn Nest

#Angels

Headquarters Location

United States, San Francisco

About

#Angels appeared to be the VC, which was created in 2015. The main department of described VC is located in the San Francisco. The company was established in North America in United States.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the most popular fund investment industries, there are E-Commerce, Biotechnology. Among the most popular portfolio startups of the fund, we may highlight Coinbase, Gusto, Shape Security.

The fund is constantly included in 2-6 deals per year. This #Angels works on 21 percentage points less the average amount of lead investments comparing to the other organizations. The higher amount of exits for fund were in 2019. The important activity for fund was in 2016. When the investment is from #Angels the average startup value is 500 millions - 1 billion dollars. The common things for fund are deals in the range of 10 - 50 millions dollars.

The fund was created by April Underwood, Chloe Sladden, Jana Messerschmidt, Jessica Verrilli, Katie Stanton, Vijaya Gadde. The overall number of key employees were 6.

The typical case for the fund is to invest in rounds with 7-8 participants. Despite the #Angels, startups are often financed by Y Combinator, First Round Capital, Chloe Sladden. The meaningful sponsors for the fund in investment in the same round are Chloe Sladden, SV Angel, Designer Fund. In the next rounds fund is usually obtained by GV, Y Combinator, Kleiner Perkins.

Year Founded

2015

Fund Activity

Operative

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

13.3% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x4

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

4.1 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.37 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

3

Funds Investing in Previous
Rounds

Y Combinator, First Round Capital

Funds Investing Together

SV Angel, Designer Fund

Funds Investing in Following
Rounds

GV, Y Combinator, Kleiner Perkins

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