Investor Type | Firm |
Type of Fund | Incubator, Accelerator |
Industries | Software (Web Marketplace Saas..) • Media • Education • Businesses Solutions • Retail (& E-Commerce) • A.I. (& Big Data) • Online Social |
Stages | Pre-Seed, Seed, Early Stage |
Investing | United States |
Investment Range | $100,000 - $100,000 |
Investment Sweet Spot | $100,000 |
Assets Under Management | $50,000,000 |
AngelPad is a highly selective seed-stage accelerator program that nurtures a small number of startups each year, focusing on helping them to refine their products, market fit, and prepare for successful fundraising. Since its inception in 2010, AngelPad has established a reputation for its hands-on mentorship approach and its commitment to the success of its founders. Unlike larger accelerators that may take on more participants or cover more locations, AngelPad emphasizes quality over quantity, typically selecting only about 15 teams from an average of 2000 applicants every six months, ensuring personalized attention and dedicated resources. They are consistently ranked as the #1 Accelerator in the U.S. by the Seed Accelerator Rankings Project, a reflection of their graduates' high satisfaction, the impressive valuations of their portfolio companies, and their cumulative fundraising achievement of over $2.2 billion. The average funding per AngelPad company stands at about $14 million, indicative of the strong investor confidence in their selection and mentorship process. With the founders directly working with startups, they offer 1:1 mentorship tailored to the individual needs of each company, avoiding generic advice and instead working closely with the founders to find unique solutions. AngelPad provides initial funding of $120,000 along with substantial cloud credits. They also facilitate access to a vast network of investors that trust the quality of startups coming from their accelerator. Not limited to any single tech vertical, AngelPad startups span a range of industries, including SaaS, healthcare, AI, and B2B. Their notability can be seen in the successful exits and valuations of companies like Postmates, Pipedrive, and Vungle. The program not only accelerates startups during the intense initial three-month phase but also continues to support them as part of a larger community and network long after the program concludes. The success of AngelPad's cohort is attributed to the shared success philosophy with founders, alignment of interest, and the personal commitment of the husband-and-wife founder team, as well as to the environment and network they cultivate.