Dear Friends,
I am pleased to share our first quarter recap with all of you.
During this past quarter, we closed 15 investments with a median check size of $50k and post-money valuation of $15m. Our investments in Q1 were spread across Consumer/CPG (5), eCommerce Infrastructure (7) & PropTech/Future of Work (3).
It’s been 15 months since launching SuperAngel.Fund and I am proud to announce that we also crossed a key milestone: $10m+ in capital commitments🎉! I am extremely grateful to our LPs (well over 100 of them), for the early support and ongoing confidence.
With these funds comes the ability (and responsibility) to support a growing number of founders. To that end, our north star has always been (and will continue to be) championing our companies over the short, medium and long-term. To that end, we are most proud of what founders have to say about us. Being able to build these types of relationships and garnering such trust are what this whole game is all about.
To scale the role our partners have come to expect from us, I am excited to announce Matt Lerner as a member of the team. Matt has been working alongside me for the past few months and has already made meaningful contributions across our investments, portfolio support and other projects. His experience as an operator/founder gives us more manpower to deliver our promise and matches the needs our portfolio companies lean on us for.
SuperAngel - Overview
As a refresher, SuperAngel has two distinct vehicles for investments - our fund and our syndicate.
The fund operates as a Rolling Fund, which is a series of quarterly funds that enables LPs to join at any time and participate in all investments made during the quarters which the LP invests in (4-quarter minimum). Click here to apply.
Our syndicate allows investors to review specific opportunities instead of pre-committing to the fund (generally 1 per quarter). There is no commitment when joining the syndicate - members are notified when we have a new investment to share and can choose to invest or pass based on their own discretion. Note, there are often limited allocations for syndicates and priority is given to fund LPs on a first-come, first-served basis. Click here to apply.
Thanks to all who have supported us in the past and to those who will be joining us in the future! Feel free to reach me via email with any questions, to share deal flow opportunities, or to get in touch.
Ben Zises
SuperAngel.Fund is an early stage fund that invests in Consumer, PropTech & Future of Work. The fund is led by Ben Zises who was the first investor and founding advisor to quip, Caraway & Arber. You can learn more and apply at SuperAngel.Fund.