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Gaingels

North America, Vermont, United States, Burlington

Description

Gaingels is a prominent venture investment syndicate and fund based in Burlington, United States, uniquely positioned at the intersection of venture capital and social impact. Established with a core mission to foster diversity and inclusion within the entrepreneurial ecosystem, Gaingels primarily focuses on investing in companies led by LGBTQIA+ founders and allies, as well as those demonstrating a strong commitment to inclusive workplace cultures. Their model leverages a vast network of accredited investors to pool capital and provide strategic support to promising startups.

Gaingels typically participates in Seed to Series C funding rounds, often co-investing alongside leading venture capital firms. They are known for their rigorous due diligence process and their ability to mobilize significant capital through their syndicate and institutional funds. While their initial check sizes can vary, they generally look to deploy between $250,000 and $1,000,000 for their first investments, demonstrating a commitment to impactful early-stage and growth-stage companies. Their investment thesis extends beyond financial returns, emphasizing the belief that diverse teams lead to better business outcomes and innovation.

Since its inception, Gaingels has grown substantially, building a robust portfolio that reflects its commitment to diversity. As of recent reports, their network comprises over 2,000 accredited investors, collectively supporting a broad array of companies. This extensive network has enabled Gaingels to invest in over 300 companies across various sectors, deploying more than $500 million in capital to date. Their portfolio companies have collectively gone on to raise over $10 billion in follow-on funding, underscoring the quality and potential of the ventures they back. Gaingels' unique approach not only provides crucial funding but also offers invaluable mentorship and networking opportunities, reinforcing their role as a catalyst for change in the venture landscape.

Investor Profile

Gaingels has backed more than 858 startups, with 54 new investments in the last 12 months alone. The firm has led 7 rounds, about 1% of its total and boasts 51 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, United Kingdom.
  • Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (38%)
  • Series A (21%)
  • Series B (14%)
  • Pre Seed (10%)
  • Series Unknown (7%)
  • Series C (5%)
  • Series D (2%)
  • Convertible Note (1%)
  • Series E (1%)

Country Focus

  • United States (90%)
  • Canada (2%)
  • United Kingdom (1%)
  • Mexico (1%)
  • Switzerland (1%)
  • Germany (1%)

Industry Focus

  • Software
  • Health Care
  • Artificial Intelligence (Ai)
  • Fintech
  • Information Technology
  • Financial Services
  • Saas
  • Medical
  • Biotechnology
  • Wellness
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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 Gaingels frequently co-invest with?

Trajectory Ventures
North America, New York, United States, New York
Co-Investments: 27
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 39
Sand Hill Angels
North America, California, United States, Mountain View
Co-Investments: 56
8VC
North America, California, United States, San Francisco
Co-Investments: 27
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 48
Greycroft
North America, New York, United States, New York
Co-Investments: 34
FV
North America, Florida, United States, West Palm Beach
Co-Investments: 26
10X Capital
North America, New York, United States, New York
Co-Investments: 35
Mana Ventures
North America, California, United States, San Francisco
Co-Investments: 34
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 81

Which angels does Gaingels often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 11
SB
North America, California, United States
Shared Deals: 5
AP
North America, California, United States, San Francisco
Shared Deals: 4
GR
North America, California, United States, San Francisco
Shared Deals: 4
George Godula
Asia, Shanghai, China, Shanghai
Shared Deals: 5
AF
North America, California, United States, San Francisco
Shared Deals: 4
SB
North America, California, United States, San Francisco
Shared Deals: 4
NB
North America, Florida, United States, Miami
Shared Deals: 8
JO
North America, Florida, United States, Miami
Shared Deals: 10
NR
North America, California, United States, San Francisco
Shared Deals: 4

What are some of recent deals done by Gaingels?

Formic Technologies

Chicago, Illinois, United States

Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.

Industrial AutomationManufacturingRoboticsSoftware
Series UnknownOct 27, 2025
Amount Raised: $469,670
AstroForge

Huntington Beach, California, United States

AstroForge is an asteroid mining company that extracts gold and other minerals from asteroid.

MiningMining TechnologySpace Travel
Series UnknownOct 24, 2025
Amount Raised: $216,074
Nova Credit

San Francisco, California, United States

Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly through alternative credit data.

CreditCredit BureauData IntegrationFinancial ServicesFinTech
Series DOct 14, 2025
Amount Raised: $35,000,000
KODIF

Santa Clara, California, United States

Kodif is a leading Customer Support AI platform that automates ticket resolutions and empowers agents with intelligent tools.

Information TechnologySoftware
SeedOct 8, 2025
Sonic Incytes

Vancouver, British Columbia, Canada

Sonic Incytes is a medical device start-up company targeting fatty liver disease

Health CareMedical Device
Series UnknownOct 7, 2025
Peer AI

San Francisco, California, United States

Peer offers AI solutions for medical writing, enhancing precision and speed in the life sciences sector.

Artificial Intelligence (AI)Life ScienceSoftware
UndisclosedOct 7, 2025
Amount Raised: $12,100,000
Nava

New York, New York, United States

Nava provides employee benefits brokerage services with a focus on affordable healthcare.

Employee BenefitsHealth CareInsuranceInsurTech
Series COct 7, 2025
Amount Raised: $30,000,000
Revel Pharmaceuticals

San Francisco, California, United States

Revel Pharmaceuticals develops therapeutics for multiple diseases of aging including osteoarthritis, kidney, and complications of diabetes.

BiotechnologyLife SciencePharmaceutical
Series UnknownOct 7, 2025
Amount Raised: $83,567
Tesoro

Austin, Texas, United States

Tesoro is a Gaming Software offering reward based transaction system for the gamers.

AppsGamingSoftware
Pre SeedOct 3, 2025
Amount Raised: $94,362
Cartography Biosciences

South San Francisco, California, United States

Cartography is an oncology company that develops cancer immunotherapies that target novel and highly specific tumor antigens.

BiopharmaBiotechnologyLife ScienceOncology
Series BOct 2, 2025
Amount Raised: $67,000,000