AngelPad

ActiveVenture Capital

Website

Updated: Dec 2, 2025 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	DroneDeploy	$15.0M Venture Round	—	Bessemer Venture Partners, Emergence Capital, High Alpha, Scale Venture Partners, The General Partnership, Uncork Capital, XYZ Venture Capital
Jul 1, 2025	Hall	$2.0M Seed	—	Blackbird Ventures Australia, Felicis Ventures, Precursor Ventures, Signia Venture Partners, Eric Hahn
Jul 1, 2025	Docket	$500K Seed	—	BITKRAFT Ventures, BoxGroup, ENIAC Ventures, Great Oaks Venture Capital, Notion Capital, Pro Founders Capital, Shine Capital, Slow Ventures, The Finger Group, Weekend Fund, Y Combinator, Ben Lin, Eben Pagan, Scott Belsky
May 1, 2025	Wonderskin	$50.0M Series A	—	Fuel Venture Capital, Insight Partners
Apr 1, 2025	QuintessenceLabs	$13.0M Venture Round	—	Accel, Blackbird Ventures Australia, Main Sequence Ventures, Suli, Gokul Rajaram
Apr 1, 2025	Bliss Aesthetics	$18.0M Seed	—	B Capital Group, Kamran Ansari, Pareto Holdings, Shine Capital, Stellation Capital, Valar Ventures, Marc Lore, Clark Landry, Ellie Wheeler
Dec 1, 2024	Riverside	$30.0M Series C	—	BITKRAFT Ventures, BoxGroup, ENIAC Ventures, Great Oaks Venture Capital, Klossy, Notion Capital, Pro Founders Capital, Serena Ventures, Seven Seven Six, Shine Capital, Slow Ventures, The Finger Group, Weekend Fund, Y Combinator, Ben Lin, Eben Pagan, John Legend, Scott Belsky
Dec 1, 2024	Spot My Energy	$11.0M Seed	—	8VC, AirAngels, Angelic Ventures, Earlybird Venture Capital, General Catalyst, Global Ventures, L Catterton Growth, Picus Capital, Rembrandt Venture Partners, Tribeca Venture Partners, Vocap Investment Partners, Andrej Henkler, Holger Hengstler, Michael Wax, Moritz Thiele
Nov 1, 2024	Constrafor	$14.0M Series A	—	Crosscut Ventures, NFX, Pioneer Fund, Sierra Ventures, Charles Oppenheimer, Gokul Rajaram, Russell Fradin, Russ Fradin
Aug 1, 2024	Altscore	$9.0M Series A	—	Andreessen Horowitz, Haymaker Ventures, InterWest, NFX, Octopus Ventures, Techstars, Emil Michael, Greg Kidd
Jul 1, 2024	Rillet	$14.0M Seed	—	10100, 1confirmation, Abstract Ventures, Kevin Hartz, A* Capital (A Star Capital), Alt Capital, Andreessen Horowitz, Bain Capital Ventures, Bessemer Venture Partners, Brainchild, Congruent Ventures, Craft Ventures, Creandum, Divergence Ventures, FasterCapital, First Round Capital, Founders Fund, General Catalyst, Goat Capital, ICONIQ Capital, Lead Edge Capital, Matrix, Menlo Ventures, Merus Capital, Mischief Venture Capital, New Form Capital, Openview Venture Partners, Operator Collective, Polychain Capital, Robot Ventures, Sequoia Capital, Sound Ventures, Susa Ventures, The Hit Forge, Thrive Capital, Volition Capital, XYZ Venture Capital, Balaji Srinivasan, Cristina Cordova, Diego Berdakin, Dylan Field, Gordon Wintrob, Hanno Renner, Immad Akhund, Jon Brelig, Mark Pincus, Max Mullen, Melissa Tan, Mike Hennessey, Peter Reinhardt, Roland Grenke, Sahin Boydas, Saran Chari, Scott Belsky, Stani Kulechov, Vitalik Buterin, Zack Kanter
Jun 1, 2024	Understory	$15.0M Series A	—	Breakthrough Energy Ventures, Chalfen Ventures, Tom Hulme, Meritech Capital Partners, Glenn Solomon, Powerhouse Ventures, Prelude Ventures, True Ventures, Uncork Capital, Richard Fearn
Jun 1, 2024	Huntress	$150.0M Series D	—	AIX Ventures, Bond, C2 Investment, Chalfen Ventures, Felicis Ventures, Tom Hulme, Hack VC, Insight Partners, Kleiner Perkins, Meritech Capital Partners, Glenn Solomon, Preston-Werner Ventures, Sapphire Ventures, Sequoia Capital, True Ventures, Uncork Capital, Jeff Hammerbacher, Richard Fearn, Yan-David Erlich
Apr 1, 2024	Hamilton AI	$2.0M Seed	—	BITKRAFT Ventures, BoxGroup, Cambrian Ventures, Cowboy Ventures, ENIAC Ventures, Fin Capital, Great Oaks Venture Capital, Notion Capital, Pro Founders Capital, Shine Capital, Slow Ventures, The Finger Group, Trajectory Ventures, Weekend Fund, Y Combinator, Ben Lin, Eben Pagan, Sahin Boydas, Scott Belsky
Apr 1, 2024	Double	$3.0M Seed	—	Abstract Ventures, Kevin Hartz, Alt Capital, Andreessen Horowitz, C2 Investment, Craft Ventures, Jenny Fielding, Scott Hartley, Framework Ventures, Greylock, Matrix, Merus Capital, Openview Venture Partners, Pantera Capital, Paradigm, Pioneer Fund, Seed Club Ventures, Sweater Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Charlie Songhurst, Christina Cacioppo, Cristina Cordova, Dylan Field, Frederic Kerrest, Immad Akhund, John Collison, Jon Brelig, Julia Hartz, Juney Ham, Mark Cuban, Melissa Tan, Mike Hennessey, Rayn Ong, Saran Chari, Tobias Lutke, Zack Kanter
Apr 1, 2024	Augment Code	$230.0M Series B	—	Alchemy Ventures, Alkeon Capital, Amazon Alexa Fund, CapitalG, Chalfen Ventures, Cisco Investments, Equal Ventures, Founders Fund, Tom Hulme, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, March Capital, Meritech Capital Partners, Next47, Glenn Solomon, Paladin Capital Group, ParaFi Capital, Scale Venture Partners, Sutter Hill Ventures, The Hit Forge, True Ventures, Uncork Capital, Anthony Pompliano, Arash Ferdowsi, Drew Houston, Ellie Wheeler, Kyle Vogt, Richard Fearn
Feb 1, 2024	Guided Energy	$5.0M Seed	—	2048 Ventures, Creandum, Dynamo Ventures, Entrepreneur First, FirstMark Capital, Founders Future, Pareto Holdings, Point Nine Capital, Redpoint Ventures, Sequoia Capital, Spark Capital, Thomvest Ventures, Trajectory Ventures, TSVC Capital, Ulu Ventures, XFactor Ventures, Anna Alex, Chris Murphy, Claire Hughes Johnson, Daniel Krauss, Eric Ver Ploeg, Jeppe Rindom, Ning Sung, Shane Curran, Valentine Baudouin
Feb 1, 2024	Passes	$40.0M Series A	—	Abstract Ventures, Accel, Alt Capital, Arrive, Better Tomorrow Ventures, Bond, Craft Ventures, Emergence Capital, Franklin Templeton Investments, Locus Ventures, Lux Capital, Matrix, Merus Capital, One Planet Group, Openview Venture Partners, Sequoia Capital, UpHonest Capital, Y Combinator, Cristina Cordova, Eddie Hartman, Immad Akhund, Jon Brelig, Melissa Tan, Mike Hennessey, Saran Chari, Zack Kanter
Jan 1, 2024	Metris Energy	$3.0M Seed	—	8VC, AirAngels, Angelic Ventures, Earlybird Venture Capital, General Catalyst, Global Ventures, L Catterton Growth, Picus Capital, Rembrandt Venture Partners, Tribeca Venture Partners, Vocap Investment Partners, Andrej Henkler, Holger Hengstler, Michael Wax, Moritz Thiele
Jan 1, 2024	Instagrid	$95.0M Series C	—	Energy Impact Partners, EQT Ventures, High-Tech Gründerfonds, Index Ventures, Avid Larizadeh
Oct 1, 2023	Outset	$4.0M Seed	—	8VC, Abstract Ventures, Kevin Hartz, Adverb Ventures, Air Street Capital, Airtree Ventures, Alt Capital, Alumni Ventures, Antiportfolio Ventures, Ben Taft's Genius Ventures, Catapult Capital, Craft Ventures, DST Global, eFounders, Expa, Felicis Ventures, First Round Capital, Freestyle Capital, Fuel Capital, General Catalyst, GIT1K, Frederique Dame, Harlem Capital, Infinite Niches, Jetstream, Kepler Operator’s Fund, LGF, LocalGlobe, Logos Labs, M13, Marathon Venture Capital, Matrix, Merus Capital, N49P Ventures, Openview Venture Partners, Partech Ventures, Scribble Ventures, Shine Capital, Soma Capital, Sound Ventures, The Yield Lab LATAM, Tiger Global Management, Weekend Fund, WorkLife Ventures, Y Combinator, Afraj Gill, Bianca Ambrosini, Chris Herd, Cory Levy, Cristina Cordova, Daniel Kan, David J. Phillips, Deborah Liu, Dylan Field, Guillaume Luccisano, Immad Akhund, Jon Brelig, Julia Hartz, Melissa Tan, Michael Stoppelman, Mike Hennessey, Nate Matherson, Nitay Joffe, Oliver Cameron, Paul Graham, Ron Pragides, Saran Chari, Tim Kendall, Tom Blomfield, Zack Kanter
Sep 1, 2023	Correcto.	$7.0M Seed	—	Andreessen Horowitz, Haymaker Ventures, InterWest, NFX, Octopus Ventures, Emil Michael, Greg Kidd
Sep 1, 2023	Spot My Energy	$2.0M Seed	—	8VC, AirAngels, Angelic Ventures, Earlybird Venture Capital, General Catalyst, Global Ventures, L Catterton Growth, Picus Capital, Rembrandt Venture Partners, Tribeca Venture Partners, Vocap Investment Partners, Andrej Henkler, Holger Hengstler, Michael Wax, Moritz Thiele
Jul 1, 2023	Verifiable	$27.0M Series B	—	Abstract Ventures, Alt Capital, Craft Ventures, FPV Fund, Harrison Metal, Matrix, Merus Capital, Openview Venture Partners, SciFi VC, Y Combinator, Aaron Levie, Cristina Cordova, Frederic Kerrest, Immad Akhund, Jared Leto, Jeremy Stoppelman, Jon Brelig, Kyle Vogt, Melissa Tan, Mike Hennessey, Saran Chari, Zack Kanter
Jul 1, 2023	Tradeshift	$70.0M Venture Round	—	Fuel Venture Capital, Insight Partners

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at AngelPad.

Leadership Team

Key people at AngelPad.

Deep Dive

AngelPad is a leading seed-stage startup accelerator founded in 2010 by Thomas Korte and Carine Magescas, both former Google employees. It operates biannually in San Francisco and New York City, selecting about 15 startups per cohort from roughly 2,000 applicants. AngelPad provides intensive mentorship, seed funding averaging around $120K per startup, and networking opportunities over a 10-week program focused on refining business models, product-market fit, and fundraising readiness. Its portfolio spans key sectors such as SaaS, mobile, AI, healthcare, and marketplaces, with notable alumni including Postmates, Buffer, and MoPub. AngelPad companies have collectively raised over $2.2 billion, averaging $14 million per company, and the accelerator is consistently ranked as the top U.S. accelerator by MIT’s Seed Accelerator Benchmark[1][2][3][5][6].

AngelPad was founded in 2010 by Thomas Korte and Carine Magescas, who brought their Google experience to create a highly selective and mentorship-driven accelerator. The program was designed to provide startups with hands-on guidance, focusing on building solid business models and value propositions rather than just pitching skills. Early traction came from successful alumni like Postmates, acquired by Uber for $2.65 billion, and MoPub, acquired by Twitter for $350 million. Over time, AngelPad has evolved to maintain small cohorts for personalized support, emphasizing iterative product development and customer acquisition strategies[1][3][4][5].

Core Differentiators

Selective Cohorts: Accepts about 15 startups per cycle from thousands of applicants, making it one of the most selective accelerators globally.
Hands-on Mentorship: Intensive 10-week program with personalized guidance from experienced entrepreneurs and former Google mentors.
Strong Network: Access to a broad network of investors, industry experts, and alumni, facilitating fundraising and market entry.
Focus on Business Model: Emphasizes developing a robust business plan and product-market fit over just pitching skills.
Proven Track Record: Portfolio companies have raised over $2.2 billion, with multiple high-value exits.
Dual Location Presence: Operates in both Silicon Valley and New York, leveraging two major tech ecosystems[1][2][4][5][6].

Role in the Broader Tech Landscape

AngelPad rides the wave of early-stage tech innovation, particularly in SaaS, mobile, AI, and emerging sectors like drones and data platforms. Its timing is critical as startups increasingly require not just capital but strategic mentorship to navigate competitive markets and rapidly evolving technologies. By focusing on product-market fit and scalable business models, AngelPad helps startups transition from concept to viable companies, influencing the broader ecosystem by producing high-growth companies that attract significant venture capital and acquisitions. Its dual presence in San Francisco and NYC allows it to bridge coastal tech hubs, fostering cross-pollination of ideas and investment[1][2][3][6].

Quick Take & Future Outlook

AngelPad is poised to continue its leadership in seed acceleration by adapting to emerging tech trends such as AI, automation, and data infrastructure. Its small cohort, mentorship-intensive model will remain a competitive advantage as startups seek more than just funding—they want strategic guidance to scale effectively. With a strong track record and growing portfolio valuations, AngelPad’s influence is likely to expand, potentially increasing its role in shaping early-stage innovation and venture capital flows. Future trends in remote work, AI-driven products, and marketplace platforms will likely shape the startups it selects and supports, reinforcing its position as a top-tier accelerator[1][2][5][6].

Sources

Core Differentiators

Selective Cohorts: Accepts about 15 startups per cycle from thousands of applicants, making it one of the most selective accelerators globally.
Hands-on Mentorship: Intensive 10-week program with personalized guidance from experienced entrepreneurs and former Google mentors.
Strong Network: Access to a broad network of investors, industry experts, and alumni, facilitating fundraising and market entry.
Focus on Business Model: Emphasizes developing a robust business plan and product-market fit over just pitching skills.
Proven Track Record: Portfolio companies have raised over $2.2 billion, with multiple high-value exits.
Dual Location Presence: Operates in both Silicon Valley and New York, leveraging two major tech ecosystems[1][2][4][5][6].