Gaingels

About The Fund

Gaingels is an angel network with headquarters in New York, New York, United States, focused on influencing social change through venture investing. They place a strong emphasis on investing in companies that have LGBT leadership within the management team, demonstrating a commitment to diversity and inclusivity. Their investments span a wide range of industries, including Software, PropTech, Hospitality, Education, BioTech, AgroTech, Business Solutions, FinTech, Retail, CleanTech, A.I., HealthTech, Blockchain, Cloud Services, Developer tools, Future of Work, Human Resources, Medical Devices, Robotics, Real Estate, DeepTech, Healthcare, Consumer, and Woman Focused ventures. The fund typically invests between $100,000 to $500,000, with a sweet spot of around $350,000, and specializes in stages from Pre-Seed to Series B, with a particular interest in Latin America. As one of the largest investors advocating for equity of access and representation in venture capital, Gaingels has deployed over $850 million into a portfolio of more than 2,000 companies since its inception in 2019. They actively partner with founders to foster diverse and inclusive organizations, providing support beyond capital, such as through their Gaingels Letter, Venture Inclusion Program, and internal diverse board member/observer recruitment advisory. Gaingels also co-signs the Diversity Term Sheet Rider Initiative to improve access to venture funding for non-traditional check writers. Their robust network includes over 3,600 members and they have placed over 30 diverse candidates on boards of portfolio companies. The company's website hosts one of the largest jobs boards in Venture Capital, featuring over 10,000 opportunities at companies advocating for diversity.