Super angel
 | This article needs to be updated. (January 2024) |
Super angel (or "super-angel") was a term used in the early 2010s to describe venture capital investors who had once been angel investors and subsequently raised small venture capital funds.[1]
Super angels share some characteristics of both
Fast Company, super angels "raise funds like venture capitalists but invest early like angels and in sums between the two, on average from $250,000 to $500,000."[2] Unlike traditional angel investors, they are typically professionals for whom investing is their primary occupation.[3]
Features
Some common features of super angels include:
- Creating a professionally managed investment fund[1]
- Serial investing (investing in numerous startup companies)
- Investing at a seed roundin startup companies
- Funding rounds in the (approximate) range of $50,000 to several million dollars, larger than typical "friends and family" rounds but smaller than most venture rounds
- Taking an active role in portfolio companies[4]
- Raising money from general partners and other principals, without passive investors in the fund
- Fund principals who are experienced entrepreneurs
- Avoid joining boards as a long-term investor.
- Close investments in several weeks, considerably faster than venture funds.[2]
List of investors described as super angels
 | This article needs additional citations for verification. (April 2018) |
| Name of fund | Key people | Selected portfolio companies |
|---|---|---|
| Canvas Ventures[5] | Rebecca Lynn,[6] Paul Hsaio | LendingClub |
500 Startups[7]
|
Dave McClure | CrowdFlower, Udemy
|
| Felicis Ventures[8] | Aydin Senkut | Mint.com
|
| Floodgate Fund[9] | Mike Maples Jr., Ann Miura-Ko | Chegg, Dasient, Digg, Twitter |
| Founder Collective[10] | Caterina Fake, Chris Dixon, David Frankel, Eric Paley, Micah Rosenbloom | |
| Founders Fund[11] | Peter Thiel, Sean Parker, Ken Howery, Luke Nosek | Gowalla, Causes, Facebook, Quantcast, SpaceX, Spotify |
| Harrison Metal [12] | Michael Dearing | AdMob, Lumosity, Aardvark |
| Lerer Hippeau Ventures[13] | Kenneth Lerer, Ben Lerer | |
| Lowercase Capital[14] | Chris Sacca | bit.ly, Uber
|
SoftTech VC
|
Jeff Clavier[15] | Tapulous, RapLeaf |
SV Angel[16]
|
Ron Conway, David Lee, Mike Ghaffary, Brian Pokorny (former) | |
| Thrive Capital[17] | Joshua Kushner | Vostu |
References
- ^ a b Saint, Nick (October 4, 2010). "Who Are The Super Angels? A Comprehensive Guide". Business Insider.
- ^ a b Farhad Manjoo (February 2011). "How "Super Angel" Investors Are Reinventing the Startup Economy". Fast Company.
- ^ Pui-Wing Tam and Spencer E. Ante (August 16, 2010). "'Super Angels' Alight". Wall Street Journal.
- ^ Ingram, Mathew (October 7, 2010). "Fred Wilson on AngelGate and Where the Web Is Going". GigaOM. Archived from the original on October 11, 2010.
- ^ Szkutak, Rebecca. "Canvas Ventures Raises $350 Million To Help Bring Intentionality Back To Early-Stage Investing". Forbes. Retrieved 2022-06-14.
- ISSN 0099-9660. Retrieved 2022-06-14.
- ^ Saint, Nick (October 4, 2010). "Dave McClure". Business Insider.
- ^ Saint, Nick (October 4, 2010). "Felicis Ventures". Business Insider.
- ^ Saint, Nick (October 4, 2010). "Floodgate". Business Insider.
- ^ Saint, Nick (October 4, 2010). "Founder Collective". Business Insider.
- ^ Ricadela, Aaron (April 2, 2007). "VCs Aim to Out-Angel the Angels". Business Week. Archived from the original on April 6, 2007.
- ^ Loizos, Connie (2018-03-27). ""Time to keep going" says Harrison Metal, closing on a new, $68 million fund". TechCrunch. Retrieved 2022-11-05.
- ^ Saint, Nick (October 4, 2010). "Lerer Ventures". Business Insider.
- ^ Saint, Nick (October 4, 2010). "Lowercase Capital". Business Insider.
- ^ Destin, Fred (August 6, 2010). "Super Angels, Lean VCs, Proto-Incubators, Whatever". Fast Company.
- ^ Tomio Geron (October 18, 2010). "Ron Conway's Big Deals: How He Found Google And Facebook". Wall Street Journal.
- ^ Saint, Nick (October 4, 2010). "Thrive Capital". Business Insider.
