San Francisco · Pre-Seed–Seed · 2 people tracked
Deal analysis
- DroneDeploy × Procore: who got the money home
An estimated liquidation waterfall of the $845m all-cash exit: every class converted — seed money made ~33x, founders took ~$127m, and the 2025 insider round returned ~1.4x in ten months.
Read the analysis →
Investment thesis
AngelPad operates as a seed accelerator supporting early-stage startups, having launched its program in 2010. Its portfolio companies have collectively raised roughly $1.8 billion, averaging about $11 million in funding per company, with nearly 10% of participating companies reaching valuations above $100 million. The program has been recognized as a top-tier and number-one accelerator in the Seed Accelerator Rankings Project every year since 2015. Notable alumni include Postmates, described as the original food delivery company, which was acquired by Uber Eats for $2.65 billion.
Source: firm website, verified Aug 16, 2026.
Team · 2 people
from public directories
Founder mafia
3 people who came through AngelPad went on to found or lead other companies.
What they invest in
from 20 of 48 portfolio companiesSaaS ×12AI & Machine Learning ×9Enterprise Software ×7Data & Infrastructure ×5Marketing Tech ×4AdTech ×3Construction Tech ×2Consumer ×2
HQs:United States×16United Kingdom×1
Portfolio companies · 48 tracked
alumni founders can tell you what the program is really likeBy year:2026 · 12025 · 12015 · 24 dated
A real estate technology platform providing CRM, transaction management, referral networks, and brokerage services to real estate agents and brokerages.
AI & Machine LearningEnterprise SoftwarePropTechSaaSSan Francisco, US
Co-investorsSierra VenturesKima VenturesVTF CapitalCota Capital
Broomfield, US
Timothy Brunk(Executive Officer, Director)Thomas Cutsforth(Executive Officer)Nikhil Raj(Executive Officer)Jason Bagg(Executive Officer)
BoardDavid Conway(Director)
Board seatThomas Korte· per SEC Form D · $750K raise · filed Jun 2025
Acquired by Groupon in 2012 (AngelPad #1).
Ampcontrol provides an AI-powered energy management platform that integrates EV chargers, battery storage, solar, and energy pricing to reduce electricity costs and manage grid constraints.
AI & Machine LearningEnergyMobility & Transportation
Co-investorsLorimer VenturesNew ForgeThe Westly GroupXplorer Capital
Provides mobile application intelligence solutions enabling enterprises to accelerate their mobile business.
Co-investorsOpus CapitalShasta Ventures
USA Today is a national news and media organization publishing coverage of news, politics, sports, entertainment, life, and money, along with interactive games, puzzles, and real estate listings.
ConsumerMedia & Entertainment
Co-investorsPathbreaker VenturesNexus Venture Partners
Astronomer provides Astro, a platform for running Apache Airflow, the open-source data orchestration tool used by enterprises to manage AI, ML, and analytics pipelines at scale.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools
Ry Walker(Founder)Viraj Parekh(Founder)inJoe Otto(Founder)in
Co-investorsBain Capital VenturesBosch VenturesCincyTechConnetic VenturesFirstMark CapitalFrontline Ventures+9 more
Beamery provides an AI platform for workforce transformation that helps enterprises hire, redeploy, and reskill talent by connecting skills and task intelligence to real-time workforce data.
AI & Machine LearningEnterprise SoftwareHR TechSaaSLondon, GB
Abakar Saidov(Co-Founder & former CEO)inSultan Saidov(Co-Founder & former CEO)inMichael Paterson(Co-Founder & former CTO)in
Co-investorsAccenture VenturesEQT VenturesLocalGlobeTeachers' Venture GrowthAmplify PartnersEdenred Ventures+4 more
Bliss operates an online marketplace and concierge service that matches patients seeking cosmetic and plastic surgery procedures with board-certified surgeons, providing care advisors, financing options, and support through consultation, surgery, and recovery.
Mount Laurel, US
Joseph Buonadonna, Jr.(Executive Officer, Director)
BoardJoseph Buonadonna, Sr.(Director)Matthew Stevens(Director)
Co-investorsPoint72 VenturesB Capital GroupPareto HoldingsShine CapitalStellation CapitalSwish Ventures+2 more
Social media management (AngelPad #3).
Signature meals from award-winning chefs, delivered to your door.
Brooklyn, US
Mateo Marietti(Executive Officer, Director)Clara Quiroga(Executive Officer)Chris Asmis(Executive Officer)
BoardRoberto Aitkenhead(Director)David Kamenetzky(Director)Henry McGovern(Director)
Co-investorsJazzya InvestmentsMcWin Capital PartnersMistral Venture PartnersMyelin VCInsight Partners
Insurance comparison (AngelPad #2).
Keith Moore(Founder)in
Co-investorsBlumberg CapitalBullpen CapitalCore Venture CapitalRoute 66 VenturesRRE Ventures
AngelPad #2 insurance comparison, valued at $100+M.
DroneDeploy provides a robotics and AI platform used for data collection and site intelligence across construction, energy, infrastructure, and agriculture.
AgTechAI & Machine LearningClimate TechConstruction TechImpact & Social GoodRoboticsSan Francisco, US
Mike Winn(CEO & Co-Founder)inNick Pilkington(CTO & Co-Founder)inJono Millin(Chief Data Officer & Co-Founder)in
Co-investorsAirTree VenturesBessemer Venture PartnersDCVC (Data Collective)DRONE FUNDEmergence Capital PartnersEnergize Capital+4 more
Cloud server management (AngelPad #4).
Fieldwire provides field management software for construction teams across projects of any scale.
Construction TechEnterprise SoftwareSaaSSan Francisco, US
Co-investorsBrick Mortar VenturesMenlo VenturesBloomberg Beta
Forma operates a benefits platform that provides customizable pre- and post-tax spending accounts, letting employees choose personalized benefits through a store, payment card, or claims reimbursement.
FintechHR TechSaaS
Co-investorsDesigner FundNewView CapitalNimble PartnersEmergence CapitalRibbit CapitalUpside Partnership
AngelPad #8.
Hive provides a work management platform for enterprises to align and execute work across teams, with features for portfolio planning, workflow standardization, governance, and reporting.
Enterprise SoftwareFuture of WorkSaaSSector Agnostic
Co-investorsComcast VenturesTribeca Venture PartnersRembrandt Venture PartnersNysnø Climate InvestmentsSkyfall VenturesSuperSeed+1 more
Data & InfrastructureHealthtechInsurTechRedwood City, US
Andrei Pop(Executive Officer, Director)
BoardJohn Malloy(Director)
Co-investorsAndreessen HorowitzMoneta VCMS&AD VenturesSilicon BadiaSPRINGROCK VENTURES
API to connect wearable tech (AngelPad #6), raised $6.6m from A16Z and Blue Run Ventures.
Iterable provides customer communication and engagement software that enables brands to create targeted messaging experiences across email, SMS, push, and other channels.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US
Andrew Boni(Co-founder, CEO (2021-2025))inHaoran Zhu(Executive Officer, Director)
BoardSabri Murat Bicer(Director)
Co-investors645 VenturesArtisanal VenturesBrighter CapitalCRV (Charles River Ventures)Glynn Capital ManagementHarmony Partners+5 more
Marketplace for SME purchasing (AngelPad #4).
New York, US
Karthik Sridharan(Co-Founder & CEO)Rui Ma(Executive Officer, Director)
BoardJosh Hannah(Director)Joshua Kushner(Director)in
Co-investorsMatrixSierra VenturesThrive CapitalVersion One Ventures
Large-scale server-side CDI platform.
AdTechMarketing TechMedia & Entertainment
Co-investorsBreakpoint CapitalIcon VenturesIris Capital
Paintzen is an online platform for booking professional painting projects, offering instant online quotes or in-person estimates and connecting customers with local, licensed painting crews.
ConsumerMarketplacesPropTechNew York, US
Michael Russell(Executive Officer, Director, Promoter)Justin Geller(Executive Officer, Director, Promoter)Richard Kilgannon(President & Chief Executive Officer)Peter Prodromou(Chief Marketing Officer)Paul Neenan(Chief Financial Officer)Jason Card(Senior Vice President of Operations)
Co-investorsBullpen CapitalForefront VentureAlpaca VCData Point CapitalLerer HippeauNextView Ventures+2 more
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Ariel Katz(Chief Executive Officer)
Co-investorsBessemer Venture PartnersInsight PartnersBling CapitalThreshold VenturesDFJ
SaaS platform for visual ads (AngelPad #4).
Pipedrive is a cloud-based customer relationship management (CRM) platform designed for small and medium-sized businesses to manage sales pipelines, track leads, and automate sales processes.
AI & Machine LearningEnterprise SoftwareSaaSSales TechNew York, US
Urmas Purde(Founder)in
Co-investorsVista Equity PartnersBessemer Venture PartnersCamber PartnersDigital Health VenturesFresco CapitalIntrepid Growth Partners+9 more
<UNKNOWN>
San Francisco, US
Bastian Lehman(Founder & CEO)Sam Street(Founder)in
Co-investorsBrighter CapitalCrosslink CapitalEntrée CapitalFirstMark CapitalFontinalis PartnersFounders Fund+20 more
Employee referral and internal mobility platform.
Co-investorsTransmedia Capital
Developer sandboxing and workflow platform (AngelPad #4).
Seed-DB was a database of startup accelerators and their portfolio companies, active from 2012 to around 2019.
Data & Infrastructure
Sensor Tower provides digital intelligence and analytics on mobile apps, games, web, and digital advertising, giving companies visibility into consumer behavior, usage, engagement, and competitor strategies.
AdTechData & InfrastructureMarketing TechSaaSSan Francisco, US
Co-investorsAccel-KKRBaroda VenturesCamber PartnersChamaeleonMerus CapitalRembrandt Venture Partners+1 more
Commerce optimization.
Practice management for dentist offices (AngelPad #9).
Mobile/social maps (AngelPad #4).
Mobile-first phone system for SMB (AngelPad #6).
UpCounsel offers an online platform for businesses to work with lawyers, providing tools for team messaging, document storage and e-signature, time tracking, and invoicing and payment management for legal engagements.
LegalTechMarketplacesSaaSSan Francisco, US
Co-investorsCota CapitalFundersClubHomebrewRunway Venture PartnersCostanoa Ventures
Vungle, part of Liftoff, provides mobile performance marketing, app monetization, and creative solutions built on Cortex, an AI/machine-learning growth platform.
AdTechAI & Machine LearningMarketing TechSaaS
Zain Jaffer(CoFounder)in
Co-investorsCrosslink CapitalEniac VenturesSHAKTISpider CapitalUncork CapitalWonder Ventures+4 more
Big data for mobile advertisers (AngelPad #7).
Zum provides cloud-based software and logistics optimization for school bus transportation, serving school districts to improve route efficiency, vehicle utilization, safety transparency, and costs.
EdTechLogistics & Supply ChainMobility & TransportationSaaS
Ritu Narayan(Founder & CEO)
Co-investorsBMW i VenturesClearvision VenturesClimate InvestmentDnx VenturesFundersClubGraphene Ventures+10 more
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 4
IPOs and acquisitions across the tracked portfolioHumanAPIacq. by LexisNexis Risk SolutionsMopubacq. by AppLovinPeriscope Dataacq. by SisenseVungleacq. by Liftoff
Portfolio news
latest coverage across their companies
DroneDeploy · dronedeploy.com · Jul 29, 2026
Postmates · fortuneindia.com · Jul 17, 2026
Vungle · fortuneindia.com · Jul 17, 2026
Hive · unlistedzone.com · Jul 14, 2026
Bliss · startupintros.com · Jul 13, 2026
Zum · finsmes.com · Apr 20, 2026
Beamery · trysignalbase.com · May 27, 2025
Frequently asked questions
- How many investments has AngelPad made?
- AngelPad has 46 tracked investments, 5 of which have exited via acquisition or IPO.
- What stage does AngelPad invest at?
- AngelPad invests at the Pre-Seed, Seed stages.
- What is AngelPad's typical check size?
- AngelPad typically writes checks of $120K.
- What sectors does AngelPad focus on?
- AngelPad focuses on AdTech, AI & Machine Learning, Consumer, Data & Infrastructure, Enterprise Software, Fintech, Hardware, Healthtech, Marketplaces, Mobility & Transportation, SaaS, Sector Agnostic.
- Where is AngelPad located?
- AngelPad is headquartered in San Francisco, US.
- Does AngelPad lead rounds?
- Yes, AngelPad leads investment rounds.
- Who does AngelPad co-invest with?
- AngelPad most often shares deals with Bessemer Venture Partners, Rembrandt Venture Partners, Uncork Capital, among 127 tracked co-investors.
Media · Podcasts & interviews
featuring the team- Startups - Thomas Korte of AngelPad -TWiST #307
This Week In Startups · Thomas Korte
Carine Magescas, Founder of AngelPad | Interview | VivaTech
Viva Technology · Carine Magescas
Thomas Korte of AngelPad on European Founders (Clip) – TechCrunch
Thomas Korte · techcrunch.com
Thomas Korte of AngelPad on European founders (clip)
TechCrunch · Thomas Korte
Thomas Korte (AngelPad) at Startup Grind San Francisco
Startup Grind · Thomas Korte
[PreMoney MIAMI 2015] Thomas Korte, AngelPad "How To Select Companies"
500 Global · Thomas Korte
Co-investors · 104
Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.
Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm that invests early in founders, with a focus on AI-native companies building leverage and scale.
Sierra Ventures is an early-stage venture capital firm that invests in first-principles founders, backing companies from inception through Series A across AI infrastructure, applied/vertical AI, deep tech, and physical/embodied AI.
Rembrandt Venture Partners (RVP) is a growth capital firm investing in emerging enterprise technology companies, bringing operational and venture experience to its portfolio.
Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.
Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.
Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.
Bullpen Capital is an early-stage venture firm that has funded over 100 companies, focusing on businesses that have found product-market fit but are overlooked by other investors.
Early-stage venture capital firm investing from idea through Series A, led by former founders and company builders who partner with technically-grounded entrepreneurs with clear visions.
TSV Capital (TSVC), formerly TEEC Angel Fund, is a Silicon Valley seed-stage venture firm that backs technical founders at the earliest stages, having invested in over 200 early-stage companies.
Merus Capital is a venture capital firm that backs ambitious teams building industry-defining technology platforms.
Family office angel fund investing in early-stage companies across all sectors. Founded by a former Facebook engineer, Brighter Capital makes 10-20 direct investments annually ranging from $25K-$100K per deal, with a focus on founding teams, traction, and companies building toward positive impact.
▶92 more co-investors
Founders FundLong Journey VenturesDCVC (Data Collective)CRV (Charles River Ventures)AtomicoEniac VenturesRRE VenturesBling CapitalScale Venture PartnersEmergence Capital PartnersSoftBank Vision FundUlu VenturesNexus Venture PartnersThreshold VenturesEQT VenturesMS&AD VenturesTribeca Venture PartnersHigh AlphaTransmedia CapitalOyster VenturesBloomberg BetaBreakpoint CapitalData Point CapitalTunitas VenturesForefront VentureThe Westly GroupSequoia CapitalGV (Google Ventures)Craft VenturesAccelTechstarsFounder CollectiveNotable CapitalUnknown VenturesFoundation CapitalCoatue ManagementKrakenTrue VenturesIVP (Institutional Venture Partners)DST GlobalGreat Oaks Venture CapitalCanaan PartnersPlug and Play VenturesStreamlined VenturesQuiet CapitalSusa VenturesPartech VenturesPioneerInnovation EndeavorsCaffeinated CapitalPractical Venture CapitalTrajectory VenturesAbstract VenturesMaveron01 AdvisorsOperator LPFlatiron HealthHarrison MetalPear VC2048 VenturesLightbankWGI GroupChemistryPrimary Venture PartnersNextGen Venture PartnersLOI VentureAugust CapitalWebb Investment NetworkJavelin Venture PartnersBlackbird VenturesRocketship.vcBlueRun VenturesPioneer Square LabsStructure CapitalThomvest VenturesOrigin VenturesIrishAngelsTrucks VCAZ-VCEuclid Venture PartnersAI FundHC9 VenturesBuilders VCXG VenturesK5 VenturesAlpha JWC VenturesConnectivity VenturesMakers CampInspiration VenturesMI VenturesAiSprouts VCNOMO Ventures
Firms observed investing alongside AngelPad, from public investor directories. Shared companies are the overlap with AngelPad's recorded portfolio.
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