GAINGELS VENTURES LLC

Thesis

The firm operates as a leading venture investment syndicate, co-investing with select venture capital firms in competitively sourced rounds. Their strategy is primarily that of a follower or co-investor, leveraging partnerships with established VCs to access high-quality deals. Gaingels is sector and stage agnostic, investing across all sectors and stages from pre-seed through pre-IPO, with a particular strength in pre-seed, seed, Series A, and beyond. As of January 2022, Gaingels managed approximately $600 million in AUM. The Gaingels community has invested over $1 billion into its portfolio, spanning over 2,600 investment rounds. Since 2019, Gaingels has deployed over $850 million into more than 2,000 companies. Typical investments range from $200,000 to $500,000 per deal, with past investments ranging from $100,000 to $2 million, often in the form of special purpose vehicles (SPVs). The firm is headquartered in Burlington, Vermont, with offices in New York City, Australia, London, and Toronto. The name "Gaingels" is a portmanteau of "gay angels" and "gaining from angels." Initially, it began as an angel investor group focused on investing in LGBTQIA+ founders.