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AngelPad

North America, California, United States, San Francisco

Description

AngelPad is a highly selective, seed-stage accelerator program based in San Francisco, founded by former Google product manager Thomas Korte. Established with the mission to help early-stage startups achieve product-market fit and secure their first round of validation, AngelPad offers an intensive, hands-on 10-week program. The accelerator distinguishes itself through a rigorous curriculum focused on product development, customer acquisition, and fundraising strategies, aiming to prepare companies for successful follow-on rounds.

The program is known for its founder-centric approach, providing deep mentorship and a structured environment rather than just capital. AngelPad typically invests a standard amount in each company accepted into its program, providing approximately $120,000 in exchange for a 6% equity stake. This investment model ensures that participating startups have initial runway while benefiting from the comprehensive support system and network that AngelPad provides. The accelerator runs two batches annually, carefully selecting a small cohort of 10 to 15 companies for each session to ensure personalized attention and high-quality engagement.

AngelPad has built a strong reputation for nurturing successful startups across various tech sectors, including B2B SaaS, enterprise software, and artificial intelligence. Its alumni network includes companies that have collectively raised significant follow-on funding from prominent venture capital firms. The program's emphasis on disciplined execution and strategic growth has consistently yielded a high success rate for its graduates, positioning them well for subsequent investment and market expansion. The accelerator's commitment to a focused, intensive model underscores its belief in quality over quantity, fostering a strong foundation for long-term startup success.

Investor Profile

AngelPad has backed more than 184 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 4% of its total and boasts 40 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Australia.
  • Strong thematic focus on Software, SaaS, Mobile.
  • Typical check size: $120K.

Stage Focus

  • Seed (70%)
  • Series A (11%)
  • Series B (7%)
  • Pre Seed (5%)
  • Angel (2%)
  • Series C (2%)
  • Series Unknown (1%)
  • Convertible Note (1%)
  • Series E (1%)
  • Series D (1%)

Country Focus

  • United States (95%)
  • Canada (2%)
  • Australia (1%)
  • United Kingdom (1%)
  • India (1%)
  • Switzerland (1%)

Industry Focus

  • Software
  • Saas
  • Mobile
  • Enterprise Software
  • Big Data
  • Apps
  • E-commerce
  • Artificial Intelligence (Ai)
  • Internet
  • Information Technology
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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 AngelPad frequently co-invest with?

M
North America, California, United States, San Francisco
Co-Investments: 5
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 10
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 8
500 Global
North America, California, United States, San Francisco
Co-Investments: 13
Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 6
SV Angel
North America, California, United States, San Francisco
Co-Investments: 5
Merus Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Uncork Capital
North America, California, United States, San Francisco
Co-Investments: 10
DCVC
North America, California, United States, San Francisco
Co-Investments: 5
Innovation Endeavors
North America, California, United States, Palo Alto
Co-Investments: 8

Which angels does AngelPad often collaborate with?

RC
North America, California, United States
Shared Deals: 2
GR
North America, California, United States, San Francisco
Shared Deals: 4
DS
North America, Massachusetts, United States, Boston
Shared Deals: 2
TC
North America, California, United States, San Francisco
Shared Deals: 2
JK
North America, California, United States, San Francisco
Shared Deals: 2
KD
North America, California, United States, San Francisco
Shared Deals: 4
AM
North America, California, United States, San Francisco
Shared Deals: 5
KH
North America, California, United States
Shared Deals: 2
BN
North America, California, United States, San Francisco
Shared Deals: 3
Dave McClure
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by AngelPad?

Ampcontrol

New York, New York, United States

Ampcontrol is an AI-based software for electric fleets to reduce downtime and charging costs.

Artificial Intelligence (AI)Electric VehicleEnergyFleet ManagementMachine LearningPower GridSmart CitiesSmart HomeTransportation
Series AJul 26, 2023
Amount Raised: $10,000,000
Bloom Health Partners

Dallas, Texas, United States

Bloom Health Partners is a trusted occupational health and safety service provider, offering a network of top healthcare professionals.

Health CareHospital
SeedNov 15, 2022
Amount Raised: $8,000,000
Bloom

New York, New York, United States

Bloom is an Ai-powered wellness app that provides therapy exercises to help cope with stress, anxiety, and depression.

Health Care
SeedNov 15, 2022
Amount Raised: $8,000,000
Forma

Fremont, California, United States

Forma is a modern-day benefits platform that gives employees the freedom to choose health and wellness options that are right for them.

Employee BenefitsEnterprise SoftwareHealth CareWellness
Series BMar 1, 2022
Amount Raised: $40,000,000
Duality

San Mateo, California, United States

Digital Twin Integration Platform for solving real-world problems

Artificial Intelligence (AI)Machine LearningMetaverseRobotics
Series ADec 7, 2021
Amount Raised: $12,000,000
Zum

Redwood City, California, United States

Zūm provides child transportation for school districts and busy families.

ChildrenRide SharingTransportation
Series DOct 6, 2021
Amount Raised: $130,000,000
Gatik

Mountain View, California, United States

Gatik is developing technology for autonomous light & medium duty trucks for B2B short-haul logistics.

Artificial Intelligence (AI)AutomotiveAutonomous Vehicles
Series BAug 31, 2021
Amount Raised: $85,000,000
Hive

New York, New York, United States

Hive is a productivity platform that drives companies to work forward.

CollaborationEnterprise SoftwareInternetProductivity ToolsSaaS
Series BAug 30, 2021
Amount Raised: $10,000,000
DroneDeploy

San Francisco, California, United States

DroneDeploy is a cloud-based drone mapping and analytics platform to help businesses get things done.

DronesInternet of ThingsMapping ServicesRoboticsSoftware
Series EFeb 4, 2021
Amount Raised: $50,000,000
Gatik

Mountain View, California, United States

Gatik is developing technology for autonomous light & medium duty trucks for B2B short-haul logistics.

Artificial Intelligence (AI)AutomotiveAutonomous Vehicles
Series ANov 23, 2020
Amount Raised: $25,000,000