SuperAngel.Fund x Q1 2026 Recap ๐ฅ
SuperAngel.Fund is an early-stage venture capital fund that invests in Consumer, PropTech, & Future of Work.
Dear Friends,
Q1 was a strong start to 2026.
We continued scaling SuperAngel.Fund II, deploying capital into high-quality companies while increasing ownership in breakout performers.
Weโre also beginning to see several Fund I companies reach meaningful inflection points.
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๐ฅ Q1 2026 โ At a Glance
$2.45M deployed to date across 50 investments into 40 companies
~$1M deployed in Q1 across 9 new investments and 5 follow-ons
$50K median check size
$15M median entry (vs. $20M market)
14 companies already marked up
Fund II now $10M+ committed from 100+ LPs
New institutional LP: Schesto Ventures
๐ Fund II โ Performance & Activity
We continued to deploy capital across both new and existing portfolio companies, with a mix of primary and secondary transactions.
We are increasingly accessing companies outside formal fundraising processes through secondaries and direct founder-led allocations.
We also proactively approach our highest conviction companies to participate in one-off primary rounds, often enabled by flexible SAFE structures.
Our entry pricing compares favorably to the broader market, reinforcing our ability to access high-quality companies at disciplined prices.
To date, 14 investments have been marked up, with several others showing strong traction not yet reflected in reported valuations.
The Fund II portfolio currently spans:
Consumer: 18
Commerce Tech: 14
PropTech / Future of Work: 8
๐ Interested in learning more? Additional materials:
๐ง Our Strategy
Our edge is designed โ not random:
Brand-driven inbound (35K+ Substack, 20K+ LinkedIn, 10K+ X)
Proprietary network of founders, operators, and LPs
Early access + disciplined entry pricing
Selective concentration into breakout performers
This approach is supported by both internal results and external data.
A recent Carta study (20,000 simulated funds) showed that highly diversified portfolios (~100 investments) are significantly more likely to produce top-decile outcomes than concentrated portfolios.
Additionally, Fund II received backing from the AngelList Systematic Fund-of-Funds (anchored by Sequoia Capital and Squarepoint). Based on their โmarkups over baselineโ metric, SuperAngel ranks in the top 1% of GPs on the platform
๐ You can review our investment strategy here.
๐ Fund II Portfolio Companies
Weโve built a highly diversified portfolio across consumer, commerce tech, and PropTech / Future of Work.
Many of these companies are already demonstrating strong early traction, with several scaling rapidly and multiple investments already marked up.
Below is a snapshot of companies weโve backed in Fund II to date:
Consumer (18 companies)
๐ฑ Freckle: The first phone kids love and parents trust
๐ Feel Goods: All-natural supplements built for Gen Z
๐ฆ Rorra: A modern water filtration company
๐ฅฃ Man Cereal: Creatine-infused, high-protein cereal
๐ชด Arber: Modern lawn, garden, & plant care brand
โก Orka: Energy drink that tastes like water
๐ถ Freestyle: Babycare brand for the next generation
๐งป Fox Fold: Sustainable tissue solutions for hotels
๐ Ripi: Premium frozen pasta brand
๐ช Create: The first modern creatine brand
โป๏ธ Biom: Sustainable wipes brand
๐ฟ Rose: The future of residential health & wellness
๐งด Cottonball: Personalized prescription skincare
๐ง NoBiggie: BFY kids food & beverage brand
๐งด Parivie: Paris Hilton skincare brand
๐๏ธ Branch: Office furniture that works
Commerce Tech (14 companies)
๐บ Upscale AI: TV marketing platform for brands
๐ Marathon Data: Brand measurement & analytics platform
๐ Hetal: Retail audit & execution platform
๐ก๏ธ Patrol: Security & compliance for eCommerce
๐ฐ RetailPath: Retail chargebacks on autopilot
๐ผ Storetasker: Marketplace for eCommerce experts
๐ฆ Two Boxes: Returns management for brands & 3PL
โจ Overjoy: AI-powered wholesale growth platform
๐ซ Hoop: Effortless resale platform
โจ OuterSignal: Customer intelligence for merchants
๐ Bonsai: AI commerce infrastructure for brands
๐ Jurni: AI-powered marketing funnels
๐ฌ SignalLift: AI operating system for multi-unit retailers
โกWon.AI: AI-first commerce agency
๐ฅYouPop: Creator commerce & infrastructure
๐ฌ Light Labs: Modern lab testing for cleaner, safer products
PropTech / Future of Work (8 companies)
๐ Cosign: Helping landlords convert more renters
โจ Harmony: AI workflow automation for manufacturing
๐งโ๐ผ Stealth: Workforce planning & optimization
๐ป candidate.fyi: Candidate experience platform
๐ก Doorvest: AI-first property management
๐ LDGR Systems: AI agents for property accounting
๐ฆ Dynasty: A trust company built for founders
Weโre proud to partner with these founders and continue to support them as they scale.
๐ Fund I โ Performance (2021-2024)
Fund I is now fully deployed and continues to show strong early performance.
Top 10% of all 2021 vintage funds (AngelList benchmark data)
$10.2M deployed across 201 investments into 130 companies
~$16.65M estimated current value
1.63x gross MOIC | 14.58% IRR
77% of investments active and/or marked up
Early-stage portfolios often see smaller outcomes early, with larger winners emerging over time. We remain confident in the long-term upside of the portfolio.
๐ The Super Angel Network
The Super Angel Network is a core driver of our strategy โ and a key reason we consistently see proprietary deal flow and differentiated access.
A private network of founders, operators, and LPs that:
Drives proprietary deal flow
Enables faster, higher-quality diligence
Supports hiring, partnerships, and customer growth
Compounds in value over time
We continue to see this become a meaningful competitive advantage.
๐ค LP Momentum
During the quarter, we added Schesto Ventures as a new institutional LP.
The Schestowitz Group is a multi-generational global operator (founded 1954), with deep expertise across consumer distribution and brand building.
Fund II now exceeds $10M in commitments from 100+ LPs, including founders, operators, venture investors, and family offices.
๐งพ QSBS Tailwinds
Recent changes to QSBS meaningfully improve the after-tax potential of early-stage investing:
Higher exclusion caps
Tiered holding periods
Expanded eligibility
Combined with early entry and long holding periods, we believe this creates a strong structural tailwind for this fund vintage.
๐ Read more on QSBS updates.
๐ค AIโs Impact on Consumer
AI is disrupting software, but accelerating consumer.
While AI is increasing competition and compressing defensibility in parts of the software ecosystem, it is simultaneously improving the economics of building consumer and physical-world businesses.
These businesses:
Cannot be easily unbundled
Benefit from lower costs (production, marketing, ops)
Retain more durable demand characteristics
We are beginning to see capital rotate toward businesses with tangible products, inelastic demand, and stronger structural defensibility, where AI acts as an enabler rather than a disruptor.
We expect this trend to continue โ and believe it creates a particularly favorable backdrop for the types of companies we invest in.
๐ญ Looking Ahead
We continue to see strong deal flow across Consumer, Commerce Tech, and PropTech / Future of Work โ increasingly sourced directly through our network.
We expect:
Continued steady deployment through 2026
Ongoing focus on disciplined entry pricing
Increased ownership in breakout performers
Select secondary opportunities
If you come across exceptional founders in these areas, Iโm always grateful for introductions.
Thank you for your continued trust and support.
Ben Zises
Founder & GP
ben@superangel.vc
P.S. Prior quarterly updates are available here.
SuperAngel.Fund is an early-stage venture capital fund led by Ben Zises that invests in Consumer, PropTech, & Future of Work ๐.
Fund II is backed by the AngelList Systematic Fund-of-Funds (anchored by Sequoia Capital and Squarepoint, a $100B asset manager). Based on their data, SuperAngel ranks in the top 1% on markups over baseline.
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