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2 | Twelve

North America, California, United States, San Francisco

Description

2|12 Angels, often referred to as 2 | Twelve, is a San Francisco-based B2B-focused seed fund committed to providing significant value to its portfolio companies. Founded with the explicit aim of being "the highest value to Founders per dollars invested," the firm distinguishes itself by offering more than just capital. It positions itself as a strategic partner, leveraging the collective experience and network of its angel investor community to support early-stage enterprise technology startups.

The fund primarily targets seed-stage companies operating within the B2B landscape, with a particular interest in sectors such as B2B SaaS, Artificial Intelligence/Machine Learning (AI/ML), Fintech, and other innovative enterprise technology solutions. 2|12 Angels typically deploys initial checks ranging from $250,000 to $1,000,000, aiming to provide crucial early-stage funding. Their investment strategy is not merely about financial injection but also about fostering growth through active engagement.

Beyond capital, 2|12 Angels emphasizes hands-on support and mentorship for its portfolio companies. The firm's community comprises experienced operators and investors who contribute their expertise, strategic guidance, and industry connections to help founders navigate challenges and accelerate development. This commitment to post-investment support is central to their mission of maximizing value per dollar invested, ensuring that startups receive comprehensive assistance from a network deeply familiar with the intricacies of building and scaling B2B ventures. The fund has made approximately 17 investments to date, demonstrating a consistent focus on its niche.

Investor Profile

2 | Twelve has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Spain.
  • Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (81%)
  • Pre Seed (8%)
  • Series Unknown (8%)
  • Convertible Note (3%)

Country Focus

  • United States (92%)
  • Canada (6%)
  • Spain (3%)

Industry Focus

  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Saas
  • Enterprise Software
  • Internet
  • Financial Services
  • Fintech
  • Big Data
  • Construction
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does 2 | Twelve frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 2
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 2
Oceans
North America, New York, United States, New York
Co-Investments: 2
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 2
Lorimer Ventures
North America, New York, United States, Brooklyn
Co-Investments: 2
Four Cities Capital
North America, Massachusetts, United States, Newton
Co-Investments: 3
Launchpad Capital
North America, California, United States, Oakland
Co-Investments: 2
Greycroft
North America, New York, United States, New York
Co-Investments: 4
Unusual Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 5

Which angels does 2 | Twelve often collaborate with?

MP
Europe, England, United Kingdom, London
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
JC
Europe, England, United Kingdom, London
Shared Deals: 1
KM
North America, California, United States, San Francisco
Shared Deals: 1
AF
North America, California, United States, San Francisco
Shared Deals: 1
SC
Europe, England, United Kingdom, London
Shared Deals: 1
SA
North America, California, United States, San Francisco
Shared Deals: 1
Daniel Lopez
North America, California, United States, San Francisco
Shared Deals: 1
JM
North America, Texas, United States, Dallas
Shared Deals: 1
AL
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by 2 | Twelve?

Mercor

San Francisco, California, United States

Mercor is a better way to hire. We're an AI-powered platform that sources, vets, and pays your next employees.

Software
SeedSep 1, 2023
Amount Raised: $3,600,000
iVerify

Long Island City, New York, United States

IVerify is a mobile threat hunting company that provides mobile security solutions.

Information TechnologyMobileNetwork Security
SeedAug 23, 2023
Amount Raised: $4,000,000
DevRev

Palo Alto, California, United States

DevRev offers a cloud-based solution for both customer support and software development.

Artificial Intelligence (AI)CRMCustomer ServiceDeveloper APIsDeveloper PlatformSoftware
SeedJul 10, 2023
Causely

Newton, Massachusetts, United States

Causely is an AI platform to eliminate human troubleshooting and enable resilient cloud application management.

Artificial Intelligence (AI)
SeedJun 29, 2023
Amount Raised: $10,800,000
Bito.co

Menlo Park, California, United States

Bito is a game-changing productivity tool for developers that accelerates software development using best in class AI models.

Software
SeedJun 13, 2023
Amount Raised: $3,200,000
Ampersand

San Francisco, California, United States

Ampersand is a development platform for user-facing SaaS integrations.

Information TechnologyInternetSoftware
SeedApr 13, 2023
Amount Raised: $4,700,000
Rembrand

Los Altos, California, United States

Rembrand is a leader in AI virtual product insertion

AdvertisingDigital MarketingSocial Media Marketing
SeedDec 1, 2022
Bounti.ai

San Jose, California, United States

Fully Autonomous Agents for GTM

Customer ServiceMarketing AutomationSaaSSales AutomationSales EnablementSoftware
SeedSep 21, 2022
Amount Raised: $10,000,000
Rocketplace

Palo Alto, California, United States

Rocketplace is a cryptocurrency trading platform that charges 0% commission to buy and sell crypto.

CryptocurrencyFinancial ServicesFinTechWeb3
SeedAug 18, 2022
Amount Raised: $9,000,000
Kona

Los Angeles, California, United States

The Techstars-backed startup, Kona, allows managers to get a pulse on team morale.

Artificial Intelligence (AI)Enterprise SoftwareSoftware
SeedJul 26, 2022
Amount Raised: $4,000,000