New York City is a vibrant hub for startups and innovation, making it a prime location for angel investors looking to support new businesses. With a diverse range of investor groups and individuals, entrepreneurs in NYC have access to valuable resources and funding opportunities. This article highlights some of the top angel investors in the city, showcasing their unique approaches and contributions to the startup ecosystem.
Key Takeaways
New York City is a key place for startups and angel investors, known as NYC-angels.Many angel investors focus on specific industries or support underrepresented entrepreneurs.Groups like 37 Angels and Golden Seeds aim to close the gender gap in startup funding.Networking is essential for finding angel investors and securing funding in NYC.Successful angel investors often provide more than just money; they offer mentorship and valuable connections.
1. 37 Angels
When I think about angel investing in New York City, 37 Angels stands out for its unique approach. This group is not just about providing funds; they are on a mission to close the gender gap in startup investing. They offer educational resources that help both investors and founders understand the ins and outs of the investment world.
Key Focus Areas
Education: They run a BootCamp that teaches the basics of angel investing.Transparency: Their process is built on clear communication, making it easier for everyone involved.Empathy: Many members have been entrepreneurs themselves, so they truly understand the challenges of building a business.
37 Angels believes that by educating and supporting founders, they can create a more inclusive startup ecosystem.
In summary, 37 Angels is a great example of how angel investors can make a difference beyond just writing checks. They are committed to fostering a supportive environment for all entrepreneurs, especially women, in the startup scene.
2. Golden Seeds
Golden Seeds is a unique group of investors based in New York City. They focus on funding women-led businesses that show great potential. Founded in 2005, this group has invested over $170 million in more than 235 companies. They believe that having women in leadership roles leads to better business outcomes.
Key Features of Golden Seeds:
Women-Centric: They only invest in companies with at least one woman in a C-suite position.Diverse Portfolio: Their investments cover various industries, ensuring a broad impact.Supportive Network: They provide not just funding but also mentorship and resources to help businesses grow.
Here’s a quick look at some of their notable investments:
Company NameIndustryYear InvestedApothecarryHealth & Wellness2016CocomamaFood & Beverage2017GoldBeanFinance2018
Golden Seeds is changing the landscape of angel investing by prioritizing women entrepreneurs. They are committed to creating a lasting impact in the startup ecosystem.
In summary, Golden Seeds stands out because they:
Focus on women-led businesses.Have a proven track record of successful investments.Offer a supportive community for entrepreneurs.
With their dedication to empowering women in business, Golden Seeds is a key player in New York City’s investment scene. Their approach not only helps individual companies but also contributes to a more inclusive economy.
3. HBS Alumni Angels Of Greater New York
HBS Alumni Angels of Greater New York is the largest angel investor group in the city. With over 350 members, they have invested more than $20 million in early-stage companies. This group is part of the Harvard Business School network and meets regularly to hear pitches from entrepreneurs.
Key Features:
Diverse Membership: The group includes a wide range of professionals from various industries.Investment Focus: They primarily invest in early-stage companies, providing not just funds but also valuable advice.Regular Pitch Events: They host 1-2 pitch sessions each month, allowing entrepreneurs to present their ideas in person.
Being part of HBS Alumni Angels means you’re not just getting money; you’re gaining a network of experienced mentors who can help guide your business.
In summary, HBS Alumni Angels of Greater New York is a powerful ally for startups looking for funding and mentorship.
4. New York Angels
New York Angels is a key player in the city’s startup scene. They focus on helping early-stage founders grow by providing not just money, but also valuable advice and connections. The team is made up of experienced professionals, entrepreneurs, and industry experts. This means they really understand what it takes to succeed in business.
Key Features of New York Angels:
Support for Founders: They offer guidance and mentorship to help entrepreneurs navigate their journey.Diverse Expertise: The members come from various industries, ensuring a wide range of knowledge and experience.Internship Programs: They have programs that allow young talent to gain experience in the startup world.
New York Angels believes in the power of community and collaboration. They aim to create a supportive environment for all entrepreneurs.
In summary, New York Angels is not just about funding; they are about building a strong network and providing the tools needed for success.
5. BoxGroup
BoxGroup is known for being one of the first investors in many exciting startups. They focus on finding entrepreneurs who see the world in a unique way and want to make a difference. Some of their notable investments include successful companies like Plaid, Airtable, and Ramp. They believe in supporting innovative thinkers who can change how things work.
Key Features of BoxGroup:
Early Investment: They like to invest early in promising startups.Diverse Portfolio: Their investments span various industries, showcasing their broad interests.Supportive Network: They provide not just funding but also valuable connections and advice.
BoxGroup is all about helping entrepreneurs who are ready to change the game. They look for those who are not afraid to think differently and take risks.
In 2024, the startup scene is buzzing, with 49 U.S. startups becoming unicorns. This includes big names like Elon Musk’s XAI, valued at a staggering $24 billion. BoxGroup is right in the mix, supporting the next wave of innovative companies that could be the next big thing!
6. Empire Angels
Empire Angels is a unique group of investors who really understand what it’s like to be a young entrepreneur. They are all millennials who have found success and now want to help others. This group focuses on supporting early-stage entrepreneurs who are looking to grow their businesses.
What makes Empire Angels stand out is their approach to investing. They aim to change the traditional way of angel investing by:
Eliminating bureaucracy: They make decisions quickly without a lot of red tape.Collaborative diligence: They work together to evaluate potential investments.Supporting young entrepreneurs: They are passionate about helping the next generation of business leaders.
Here are some of the popular companies that Empire Angels has invested in:
Company NameDescriptionThe InfatuationA popular food recommendation sitePopsy AppA fun social media appSocureA company focused on identity verification
Empire Angels is not just about funding; they are about building a community of support for young entrepreneurs. They believe that by working together, they can help each other succeed in the competitive world of business.
In summary, Empire Angels is a great option for young entrepreneurs looking for not just money, but also guidance and support as they navigate their business journeys. They are truly committed to making a difference in the startup ecosystem.
7. Tri State Ventures
Tri State Ventures is a unique player in the angel investing scene. They focus on startups that have a protected proprietary position in their market. This means they look for companies that have something special that sets them apart from the competition. While they don’t limit themselves to specific sectors, they have previously invested in areas like healthcare, IT products, energy, and consumer goods.
Here are a few key points about Tri State Ventures:
They believe that many early-stage entrepreneurs struggle to find funding.Their goal is to help bridge this funding gap.They are open to various industries, which allows them to discover innovative ideas.
In my experience, working with Tri State Ventures can be a game-changer for startups. They not only provide capital but also valuable insights and connections that can help a business grow.
Tri State Ventures is all about supporting entrepreneurs who have a unique edge in their market. They understand the challenges of getting funding and aim to make a difference.
If you’re a startup looking for investment, consider what makes your business stand out. Tri State Ventures might just be the right fit for you!
8. ARC Angel Fund
The ARC Angel Fund is a unique group that focuses on investing in early-stage companies with a lot of growth potential. What makes this fund special is that it is member-led, meaning all members can take part in funding rounds or invest personally alongside the fund. This collaborative approach helps ensure that the best ideas get the support they need.
Key Focus Areas
The ARC Angel Fund mainly looks at companies in the following areas:
SoftwareITInternetTech-enabled servicesDigital media
Why Choose ARC Angel Fund?
Member Participation: Members can actively engage in funding decisions.Diverse Expertise: The fund brings together a variety of skills and experiences.Support for Startups: They focus on helping startups that have the potential to grow quickly.
Investing in early-stage companies is not just about money; it’s about building relationships and supporting innovation.
In summary, the ARC Angel Fund is a great option for startups looking for investment and guidance. They are committed to helping entrepreneurs succeed and thrive in their industries. With their focus on high-growth potential, they are a key player in New York City’s angel investing scene.
Remember, the right funding can make all the difference in turning a great idea into a successful business!
9. Soundboard Angel Fund
When I think about the Soundboard Angel Fund, I see a group that truly cares about helping new businesses grow. They focus on investing in early-stage companies and have a wide variety of investors. Each investor brings their own unique ideas and experiences to the table, which makes their decision-making process really interesting.
One of the things I admire about Soundboard is their collaborative approach. They work closely with entrepreneurs, especially those in underserved areas, to help them succeed. This means they are not just throwing money at a business; they are actively involved in its growth.
Here are a few key points about the Soundboard Angel Fund:
Diverse Investors: The fund includes a mix of investors, each with different backgrounds and insights.Focus on Early-Stage Companies: They specifically look for businesses that are just starting out and need support.Collaborative Approach: They partner with entrepreneurs to help them navigate the challenges of starting a business.
The Soundboard Angel Fund believes that by investing in the right places, they can make a real difference in the startup world.
In summary, the Soundboard Angel Fund is a great example of how angel investing can be done thoughtfully and effectively. They are not just about the money; they are about building relationships and supporting the next generation of entrepreneurs.
10. Roger Ehrenberg
Roger Ehrenberg is a well-known figure in the angel investing scene in New York City. He is the Founding Partner of IA Ventures and has recently started a new venture called Eberg Capital. Eberg Capital focuses on helping creators connect with their fans in more meaningful ways. This work is especially important in areas like sports, gaming, the arts, and web3 technologies.
Key Investments
Some of the notable companies that Eberg Capital has invested in include:
Why Roger Stands Out
Roger is not just an investor; he is also a mentor to many startups. Here are a few reasons why he is respected in the industry:
Experience: With years of experience, he understands what it takes to succeed.Network: He has a vast network that can help startups grow.Support: Roger provides guidance beyond just financial support.
Investing is not just about money; it’s about building relationships and helping others succeed.
11. Adam Rothenberg
Adam Rothenberg is a well-known angel investor and a Partner at BoxGroup. He mainly focuses on seed stage companies, which are just starting out and need funding to grow. His insights and support can be crucial for new businesses.
Key Investments
Some of the notable companies Adam has invested in include:
Why Adam Stands Out
Adam is recognized for his ability to spot potential in early-stage startups. Here are a few reasons why he is a respected figure in the investment community:
Deep understanding of market trends.Strong network of connections in the tech industry.Commitment to helping founders succeed.
Adam believes that investing is not just about money; it’s about building relationships and supporting entrepreneurs on their journey.
12. Joanne Wilson
Joanne Wilson is a well-known name in the world of angel investing in New York City. She has a remarkable track record as an early-stage angel investor, entrepreneur, and philanthropist. With a background that spans various industries like retail, media, and technology, she has invested in over 140 companies. Some of her notable investments include:
Food52EaterParachute Home
Joanne is not just about numbers; she is passionate about supporting innovative ideas and helping entrepreneurs succeed. Here are a few highlights of her investment approach:
Focus on early-stage companies.Strong interest in diverse sectors, including food and tech.Commitment to fostering community and collaboration among startups.
Investing is not just about money; it’s about believing in people and their visions.
Some of her popular investments also include:
HouseplantBlue Bottle CoffeeParachute
Joanne Wilson truly embodies the spirit of angel investing, making her a key player in New York City’s startup ecosystem.
13. Shahed Khan
Shahed Khan is a prominent figure in the New York angel investing scene. He is the founder of Loom, a company that has made significant strides in the tech industry. His expertise in technology and innovation makes him a sought-after investor.
Background
Shahed has a rich background in technology and entrepreneurship. He has worked with various startups, helping them grow and succeed. His experience allows him to identify promising ventures and provide valuable guidance.
Investment Focus
Shahed typically invests in:
Tech startups that focus on innovative solutions.Companies that prioritize sustainability and social impact.Ventures led by diverse teams, as he believes in the power of varied perspectives.
Notable Investments
Some of his notable investments include:
Tech startups that have revolutionized their industries.Companies that have received recognition for their innovative approaches.Ventures that have shown significant growth potential.
Shahed Khan believes that investing in the right people is just as important as investing in the right ideas.
In conclusion, Shahed Khan stands out as a key player in the angel investing landscape of New York City, making impactful investments that drive innovation and growth.
14. Gil Penchina
Gil Penchina is a well-known figure in the world of angel investing. He has a rich background in technology and entrepreneurship, making him a valuable asset to startups.
Background
Gil was formerly a Vice President at eBay, where he gained significant experience in the tech industry. His journey in investing began with a passion for helping new businesses grow and succeed.
Investment Focus
Penchina typically invests in:
Technology startupsE-commerce platformsInnovative consumer products
Notable Achievements
He has invested in over 100 startups, showcasing his commitment to nurturing new ideas.Gil is known for his hands-on approach, often mentoring founders to help them navigate challenges.
Investing is not just about money; it’s about building relationships and supporting dreams.
In summary, Gil Penchina stands out as a prominent angel investor in New York City, with a focus on technology and a passion for helping entrepreneurs succeed.
15. Michael Tannenbaum
Michael Tannenbaum is a well-known figure in the New York City startup scene. As the COO at Brex, he plays a crucial role in helping businesses manage their finances. His experience in the tech industry makes him a valuable angel investor.
Key Investments
Some of Michael’s notable investments include:
Why He Stands Out
Michael is recognized for his ability to spot promising startups. Here are a few reasons why he is a sought-after investor:
Expertise in Finance: His background in finance helps him understand the needs of startups.Network Connections: He has a wide network that can benefit the companies he invests in.Mentorship: Michael often provides guidance to entrepreneurs, helping them grow their businesses.
Michael believes that investing is not just about money; it’s about building relationships and supporting innovation.
16. Scott Belsky
Scott Belsky is a well-known figure in the startup world. He is the Chief Product Officer and Chief Strategy Officer at Adobe, where he plays a key role in shaping the company’s future. His experience in product development and strategy makes him a valuable angel investor.
Belsky has invested in various startups, helping them grow and succeed. Here are a few highlights of his career:
His approach to investing focuses on understanding the vision of the founders and the potential impact of their ideas.
Scott believes that the best investments come from a deep understanding of the market and a strong relationship with the founders.
Overall, Scott Belsky is not just an investor; he is a mentor and a guide for many entrepreneurs navigating the challenging startup landscape.
17. Anthony Pompliano
Anthony Pompliano, often known as “Pomp,” is a well-respected angel investor based in New York City. He has made a name for himself in the startup world, especially in the tech and finance sectors. His investment portfolio includes some big names that many people recognize.
Key Investments
Some of his most notable investments are:
Why He Stands Out
Anthony is not just an investor; he is also a strong advocate for cryptocurrency and blockchain technology. He shares his insights through various platforms, helping others understand the potential of these technologies. Here are a few reasons why he is a standout in the angel investing community:
Expertise in Technology: With a background in product management at Facebook, he knows what makes a tech startup successful.Strong Network: His connections in the industry help him spot promising startups early.Educational Approach: He often shares his knowledge through podcasts and social media, making complex topics easier to understand.
Anthony Pompliano believes that investing in startups is not just about money; it’s about supporting innovation and helping entrepreneurs succeed.
18. Charley Ma
Charley Ma is a key player in the New York angel investing scene. As the Head of Growth at Alloy, he has a strong background in helping startups succeed. His experience in the tech industry makes him a valuable resource for new entrepreneurs.
Notable Contributions
Investing in diverse startups: Charley focuses on companies that are innovative and have the potential to disrupt their industries.Mentorship: He often shares his knowledge with young entrepreneurs, guiding them through the challenges of starting a business.Networking: Charley connects startups with other investors, helping them secure the funding they need to grow.
Investment Focus
Charley is particularly interested in:
Fintech companies that are changing how we handle money.Healthtech startups that aim to improve healthcare access and quality.SaaS (Software as a Service) businesses that provide essential tools for other companies.
Charley believes that investing in women in sports at the 2024 Forbes Under 30 Summit is crucial for creating a more inclusive environment in the industry. This first-of-its-kind gathering will bring together game-changing athletes, entrepreneurs, investors, and innovators who are redefining what’s possible.
In summary, Charley Ma is not just an investor; he is a mentor and a connector in the startup ecosystem. His focus on innovative sectors and commitment to supporting entrepreneurs makes him a standout figure in New York City’s angel investing landscape.
19. Erica Dorfman
Background
Erica Dorfman is the Head of Global Financial Products at Brex, a company that helps businesses manage their finances. She has a strong background in finance and technology, making her a valuable player in the startup scene.
Investment Focus
Erica focuses on investing in innovative startups that are changing the way we think about finance. She looks for companies that:
Have a clear vision and mission.Use technology to solve real problems.Show potential for growth and scalability.
Notable Investments
Some of the notable companies Erica has invested in include:
Brex – A financial platform for startups.Ramp – A corporate card and spend management tool.Plaid – A service that connects apps to users’ bank accounts.
Erica believes that the future of finance lies in technology and innovation. She is passionate about supporting entrepreneurs who are pushing boundaries in this space.
20. Jen Rubio
Jen Rubio is the founder of Away, a popular luggage brand that has changed how we travel. Before starting Away, she was the Head of Social Media at Warby Parker, where she learned a lot about building a brand. Her experience in marketing and branding has made her a key player in the startup world.
Key Contributions:
Innovative Marketing: Jen has a knack for creating buzz around her products.Customer Focus: She always puts the customer first, ensuring that their needs are met.Community Building: Jen has built a strong community around her brand, making customers feel like part of the family.
Impact on Angel Investing:
Jen is not just a successful entrepreneur; she is also an angel investor. She supports new startups, helping them grow and succeed. Her insights into the market are invaluable for young entrepreneurs.
Jen believes that every startup has the potential to change the world, and she is dedicated to helping them achieve that.
In summary, Jen Rubio is a remarkable figure in the New York startup scene. Her journey from social media to founding a successful company shows her talent and determination. She continues to inspire many with her work and investment in the next generation of entrepreneurs.
21. Ana Mahony
Ana Mahony is a notable figure in the world of angel investing. She is the founder of Addition Wealth and previously served as the Head of US Cities for Uber Eats. Her experience in the tech and food delivery sectors gives her a unique perspective on investment opportunities.
Background
Founder of Addition Wealth: Ana started this company to help people manage their finances better.Former Role at Uber Eats: She led the expansion of Uber Eats in various U.S. cities, showcasing her skills in growth and strategy.Location: Based in New York, she is deeply connected to the startup ecosystem in the city.
Investment Focus
Ana typically looks for startups that:
Have innovative solutions to everyday problems.Show potential for significant growth.Are led by passionate and capable teams.
Ana believes that investing is not just about money; it’s about supporting ideas that can change lives.
In summary, Ana Mahony stands out as a key player in New York City’s angel investing scene, combining her extensive experience with a passion for helping new businesses thrive.
22. Shrav Mehta
Shrav Mehta is a notable angel investor based in New York City. He is the founder of Secureframe, a company that helps businesses manage their security and compliance needs. Before starting Secureframe, he worked in marketing at Pilot, where he gained valuable experience in the startup world. His journey in the tech industry has made him a key player in supporting new ventures.
Key Contributions:
Founder of Secureframe: Shrav’s company focuses on simplifying security for businesses.Marketing Expertise: His background in marketing helps him identify promising startups.Support for Entrepreneurs: He actively invests in and mentors new entrepreneurs.
Shrav believes that the right guidance and support can turn a good idea into a successful business.
In summary, Shrav Mehta is not just an investor; he is a mentor and a supporter of the startup community in New York City.
23. Sri Batchu
Background
Sri Batchu is a prominent figure in the New York startup scene. He is currently the Head of Growth at Ramp, a company that focuses on helping businesses manage their finances more effectively. With a strong background in growth strategies, Sri has made a name for himself by supporting various startups in their journey to success.
Investment Focus
Sri Batchu primarily invests in:
Tech startups that offer innovative solutions.Companies with a strong growth potential.Teams that demonstrate resilience and adaptability.
Notable Achievements
Played a key role in scaling Ramp’s user base significantly.Actively mentors young entrepreneurs, sharing his insights and experiences.Recognized for his contributions to the startup ecosystem in New York.
Sri Batchu believes that the right support can turn a good idea into a great business. His commitment to helping startups thrive is evident in his work and mentorship.
24. Bruno Werneck De Almeida
Bruno Werneck De Almeida is a notable figure in the New York angel investing scene. He currently serves as the Business & Corporate Development Lead at Plaid, a company that helps businesses connect with their customers’ bank accounts. His expertise in finance and technology makes him a valuable asset for startups looking for guidance and funding.
Key Contributions:
Investment in Fintech: Bruno focuses on financial technology, helping startups innovate in this space.Mentorship: He provides mentorship to young entrepreneurs, sharing his knowledge and experience.Networking: Bruno connects startups with other investors and resources, enhancing their chances of success.
Bruno believes that the right support can turn a good idea into a successful business. His commitment to helping others is evident in his work.
In summary, Bruno Werneck De Almeida is not just an investor; he is a mentor and a connector in the startup ecosystem. His role at Plaid and his dedication to nurturing new talent make him a key player in New York City’s vibrant angel investing community.
25. Jonathan Swanson and more
Jonathan Swanson is a well-known figure in the angel investing scene. He is the founder of Thumbtack, Athena, and Powerset, and he has made a significant impact in the startup world. His experience and insights are invaluable for new entrepreneurs.
Notable Investors in New York City
In addition to Jonathan, there are many other influential investors in New York City. Here are a few:
Sara Wajnberg: COO at Nayya, based in Summit, New Jersey.Matthew Tucker: SVP at Squarespace, located in New York, New York.Sandy Varatharajah: Senior Director at firsthand, also in New York, New York.
Popular Investments
Some of the popular investments made by these investors include:
InvestorNotable InvestmentsJonathan SwansonThumbtack, Athena, PowersetSara WajnbergNayya, various startupsMatthew TuckerSquarespace, tech startups
Investing in startups is not just about money; it’s about believing in ideas and supporting entrepreneurs to grow their dreams.
Conclusion
In summary, New York City stands out as a vibrant hub for angel investors, offering a wealth of opportunities for startups. The angel investors and groups highlighted in this article play a crucial role in supporting new businesses, especially those led by diverse founders. Their commitment to funding and mentoring helps shape the future of entrepreneurship in the city. For entrepreneurs seeking investment, connecting with these angel investors can be a game-changer. By leveraging their expertise and networks, founders can not only secure the necessary funding but also gain valuable insights that can propel their businesses forward. As the startup landscape continues to evolve, the importance of these angel investors will only grow, making NYC a key player in the global startup ecosystem.
Frequently Asked Questions
What is an angel investor?
An angel investor is a wealthy person who gives money to new businesses in exchange for a share of the company. They often help startups grow by providing advice and connections.
How much money do angel investors usually invest?
Angel investors typically invest between $25,000 and $100,000, but this can vary based on the business and its needs.
How can I find an angel investor in New York City?
To find an angel investor in New York City, you can attend networking events, use online platforms like AngelList, and connect with local investor groups.
Why do angel investors invest in startups?
Angel investors invest in startups because they want to support new ideas and potentially earn a profit if the business succeeds.
What are the benefits of having an angel investor?
Having an angel investor can provide not just money, but also valuable advice, mentorship, and connections in the industry.
Are there many angel investors in New York City?
Yes, New York City has a large number of angel investors, making it a great place for startups to seek funding.
