
PreAngel
Description
PreAngel is a highly active early-stage venture capital firm, primarily recognized for its significant contributions to the startup ecosystem in China. Founded in 2011 by Wang Li, the firm is headquartered in Hangzhou, China, despite some public data potentially indicating a U.S. presence. PreAngel has established itself as a prolific investor, focusing on seed and angel-stage funding for nascent companies with high growth potential. Its investment philosophy centers on identifying innovative technologies and business models at their earliest phases, providing crucial initial capital.
The firm's investment scope is broad, encompassing a wide array of high-tech sectors. PreAngel has shown a strong interest in areas such as artificial intelligence (AI) and machine learning (ML), blockchain technology, mobile applications, and various forms of smart hardware including drones and robotics. They also invest in open-source software and new consumption models, reflecting a diverse portfolio strategy aimed at capturing emerging market trends. PreAngel is known for its high volume of investments, having backed over 700 companies since its inception, making it one of the most active seed investors in the region.
PreAngel typically acts as a first-money investor, providing essential capital to help startups validate their concepts and achieve initial traction. Their initial investments often range from $100,000 to $1,000,000, tailored to the specific needs and stage of the early-stage ventures. Beyond financial backing, PreAngel leverages its extensive network and deep industry expertise to offer strategic guidance, operational support, and facilitate follow-on funding rounds for its portfolio companies. This hands-on approach aims to nurture promising startups from ideation through to their growth phases, contributing significantly to their long-term success.
Investor Profile
PreAngel has backed more than 137 startups, with 0 new investments in the last 12 months alone. The firm has led 19 rounds, about 14% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Angel, Series A rounds (top funding stages).
- Majority of deals are located in China, United States, Switzerland.
- Strong thematic focus on Software, Internet, Information Technology.
- Typical check size: $100K – $1M.
Stage Focus
- Seed (41%)
- Angel (39%)
- Series A (15%)
- Convertible Note (1%)
- Series Unknown (1%)
- Corporate Round (1%)
- Pre Seed (1%)
- Series C (1%)
Country Focus
- China (72%)
- United States (20%)
- Switzerland (3%)
- Singapore (2%)
- Canada (1%)
- Saudi Arabia (1%)
- Colombia (1%)
Industry Focus
- Software
- Internet
- Information Technology
- Blockchain
- E-commerce
- Health Care
- Artificial Intelligence (Ai)
- Media And Entertainment
- Manufacturing
- Mobile
Frequently Asked Questions
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