
Gaingels
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
Frequently Asked Questions
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