SuperAngel.Fund x Q2 2026 Recap π₯
SuperAngel.Fund is an early-stage venture capital fund that invests in Consumer, PropTech, & Future of Work.
Dear Friends,
As always, Iβm excited to share our Q2 2026 update.
Fund II continues to execute on the same strategy weβve followed since day one: enter early at disciplined valuations, diversify broadly, stay close to founders, and selectively increase ownership as traction, market pull, and founder execution become clearer.
Q2 marked several meaningful milestones across the broader portfolio:
Flex announced a $70M Series B at a $1.2B valuation (Fund I)
Create announced a $20M Series B from strategic investors including Unilever Ventures, ACG, and the family office of Mike Repole, the entrepreneur behind vitaminwater and BODYARMOR (Fund I, II)
Motion launched Runneth, an AI brain to help brands become 100x better marketers and continued its rapid growth trajectory (Fund I)
Rorra became an eight-figure business in under one year (Fund I, II)
Freestyle closed a $10M Series A to scale their retail presence in Walmart and Target (Fund I, II)
With Coverage announced its $42M Series B led by Sequoia & Khosla (Fund I)
These developments illustrate how the strategy is designed to compound over time. Fund I is beginning to see several companies reach meaningful inflection points, while Fund II allows us to continue increasing ownership in our highest-conviction companies as execution and operating performance strengthen.
I continue to believe this is a favorable vintage for early-stage investing. Entry valuations remain attractive, AI is improving operating efficiency across many of our companies, and recent QSBS changes may further improve the after-tax profile of qualified venture investments.
Transparency continues to be a core principle behind how I build SuperAngel.Fund.
Venture investing often feels like a black box. My goal is to make it the opposite.
Beyond returns, I provide LPs with regular portfolio updates, founder context, investment rationale, and a front-row seat to the journey of building enduring companies. I want investors to understand not only what we are investing in, but why.
Fund II is expected to hold its final close at the end of 2026. If you know someone who may be a strong fit, Iβd be grateful for an introduction.
Learn More about Fund II
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π Fund II β Performance Summary
Through Q2 2026
$3.2M deployed | $4.3M estimated current value
1.32x Gross MOIC
62 investments across 47 companies
21 investments marked up, with several others demonstrating strong traction not yet reflected in reported valuations
$50K median check size | $15M median entry valuation
$11M+ committed from 100+ LPs
π Fund II β Portfolio Companies
Weβve built a highly diversified portfolio across Consumer, Commerce Tech, and PropTech / Future of Work.
Consumer (21)
π± Freckle: The first phone kids love and parents trust
π Feel Goods: All-natural supplements built for Gen Z
π¦ Rorra: A modern water filtration company
π₯£ Man Cereal: Creatine-infused, high-protein cereal
πͺ΄ Arber: Modern lawn, garden, and plant care
β‘ Orka: Energy drink that tastes like water
πΆ Freestyle: Babycare for the next generation
π§» Fox Fold: Sustainable tissue solutions for hotels
π Ripi: Premium frozen pasta
πͺ Create: The first modern creatine brand
π« Hoop: Effortless resale platform
β»οΈ Biom: Sustainable wipes
πΏ Rose: The future of residential health & wellness
π§΄ Cottonball: Personalized prescription skincare
π§ NoBiggie: Sparkling drink made just for kids
π§΄ Parivie: Paris Hiltonβs skincare brand
ποΈ Branch: Office furniture that works
π§Ό LeNOSE: Fragrance-forward soap for Gen Z
πͺ The Shadery: Modern window treatments
π― HNY+: Honey-based clean energy
π€ Gato: Premium clean-label dates
Commerce Tech (16)
πΊ Upscale AI: TV marketing platform for brands
π Marathon Data: Brand measurement and analytics
π Hetal: Retail audit and execution platform
π‘οΈ Patrol: Security and compliance for eCommerce
π° RetailPath: Retail chargebacks on autopilot
πΌ Storetasker: Marketplace for eCommerce experts
π¦ Two Boxes: Returns management for brands and 3PLs
β¨ Overjoy: AI-powered wholesale growth platform
β¨ OuterSignal: Customer intelligence for merchants
π Bonsai: AI commerce infrastructure for brands
π Jurni: AI-powered marketing funnels
π¬ SignalLift: AI operating system for multi-unit retailers
β‘Won.AI: AI-first commerce agency
π₯YouPop: Creator commerce infrastructure
π¬ Light Labs: Modern lab testing for cleaner, safer products
π€ rediem: Using AI to engineer cult brands
PropTech / Future of Work (9)
π Cosign: Helping landlords convert more renters
β¨ Harmony: AI workflow automation for manufacturing
π§βπΌ Arch: Workforce planning and optimization
π» candidate.fyi: Candidate experience platform
π‘ Accrue: AI-native property management
π LDGR Systems: AI agents for property accounting
π¦ Dynasty: A trust company built for founders
πͺ Jolly: Workforce optimization platform
π Fund I β 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
~$19.3M estimated current value
1.9x gross MOIC | 17.9% gross IRR
73% of investments remain active and/or have been marked up
Venture portfolios often realize smaller outcomes first, while a disproportionate share of long-term value is typically created by a limited number of breakout companies. With several Fund I companies now reaching meaningful scale, we remain confident in the portfolioβs long-term upside.
Notable Fund I portfolio companies include Caraway, Flex, Create, Rorra, Freestyle, Motion, PostPilot, Intelligems, Branch, Minoan, Lalo, Brightland, Cadence, Biom, Cleancult, Siena AI, and candidate.fyi, among others.
How We Invest
Fund II is designed to build a diversified portfolio of roughly 60-75 companies over a four-year deployment period.
We invest early, typically from Pre-Seed through Series A, where ownership can be established at attractive entry valuations. From there, we stay close to founders and selectively increase ownership as companies demonstrate exceptional execution, traction, and market pull.
The strategy is intentionally simple:
Invest early β Establish ownership before companies become widely recognized.
Diversify broadly β Build a portfolio designed to maximize exposure to breakout outcomes.
Follow the signal β Increase ownership as conviction grows through founder execution, traction, and market pull.
Leverage the network β Use our founder, LP, and co-investor ecosystem to improve access, diligence, and portfolio support.
In early-stage venture, access and diversification matter. The goal is not to predict every winner on day one, but to consistently back exceptional founders early and increase conviction as companies prove themselves over time.
π The Super Angel Network
The Super Angel Network is a core part of our strategy and a key driver of proprietary deal flow, differentiated access, and portfolio support.
It is a private network of founders, operators, LPs, and co-investors that helps us:
Source high-quality investment opportunities
Conduct faster, more informed diligence
Support hiring, partnerships, and customer growth
Strengthen relationships across the portfolio
As the network grows, we believe its value continues to compound.
π§Ύ A Favorable Vintage for Early-Stage Investing
Recent changes to Qualified Small Business Stock (QSBS) rules may further improve the after-tax profile of qualifying venture investments through higher exclusion caps, shorter holding-period benefits, and expanded eligibility.
Combined with disciplined entry valuations, broad diversification, and improving operating efficiency, I believe this creates an attractive environment for long-term early-stage investing.
π Read more about the recent QSBS changes.
π Looking Ahead
We continue to see strong deal flow across Consumer, Commerce Tech, and PropTech / Future of Work, with an increasing share sourced directly through our network.
As Fund I companies continue to mature and Fund II builds exposure to the next generation of breakout companies, we remain excited about the long-term opportunity across both portfolios.
If you come across exceptional founders in these areas, Iβm 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 π.
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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