
Red Bear Angels
Description
Red Bear Angels is a prominent angel investment group established in 2013, uniquely comprised of Cornell University alumni and friends. Based in New York City, the group focuses on supporting early-stage companies, typically at the Seed or Series A stage, that demonstrate a strong connection to Cornell through their founders, technology, or advisory board members. This affiliation forms the cornerstone of their investment thesis, leveraging the vast intellectual and professional network of the university.
Since its inception, Red Bear Angels has demonstrated a significant commitment to fostering innovation within its ecosystem. The group has collectively invested over $10 million across more than 60 portfolio companies, showcasing a consistent and active presence in the early-stage funding landscape. Their typical first check size ranges from $100,000 to $500,000, often participating as part of larger syndicate rounds. This strategic approach allows them to support promising ventures while mitigating individual risk and facilitating broader investor participation.
Beyond capital, Red Bear Angels provides its portfolio companies with invaluable access to the extensive Cornell alumni network. This network offers a rich resource for mentorship, strategic guidance, business development opportunities, and connections to potential follow-on investors. Their portfolio spans a diverse range of sectors, including software, artificial intelligence, biotechnology, fintech, consumer products, hardware, cleantech, and food/agtech, reflecting a broad interest in disruptive technologies and scalable business models. The collective success of their portfolio companies is notable, with these ventures having raised over $1.5 billion in subsequent funding rounds, underscoring the quality of Red Bear Angels' initial selections and the strength of the Cornell ecosystem.
Investor Profile
Red Bear Angels has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 9% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Angel rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Health Care, Artificial Intelligence (AI), Software.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (63%)
- Series A (19%)
- Angel (6%)
- Series D (3%)
- Series Unknown (3%)
- Convertible Note (3%)
- Pre Seed (3%)
Country Focus
- United States (100%)
Industry Focus
- Health Care
- Artificial Intelligence (Ai)
- Software
- Medical
- Machine Learning
- Biotechnology
- Financial Services
- Analytics
- Internet Of Things
- Agriculture
Frequently Asked Questions
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