Dear Friends,
I’m excited to share our Q3 2026 update, featuring new product launches, follow-on investments, and major financings across both funds.
SuperAngel.Fund is an early-stage venture capital fund focused on Consumer, PropTech, and Future of Work. Learn more about Fund II.
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✨ Q3 Highlights
Highlights from across the portfolio this quarter:
OuterSignal announced a $22M Series A (Fund II)
Siena announced a $17M Series A (Fund I, II)
Create launched its Lemonade Collection and reported $150M annual revenue run rate (Fund I, II)
it’s electric won NYC’s selection to build a 700-charger EV network (Fund I)
Caraway launched The Coffee Maker (Fund I)
Freckle opened pre-orders for its kids’ phone (Fund II)
Flex launched Flex Elite with up to 5% cash back (Fund I)
Rorra launched its Filtered Pitcher (Fund I, II)
NoBiggie launched its better-for-you kids’ brand (Fund II)
LeNOSE launched its fragrance-forward hand soap (Fund II)
Vero launched its Parmigiano Reggiano cheese brand (Fund II)
Several additional portfolio financings have yet to be publicly announced. 👀
📊 Fund II — Performance (2025-Present)
Fund II is targeting approximately 100+ investments across 75 companies, focused on Consumer/CPG, Commerce Tech, and PropTech/Future of Work.
As of September 30, 2026:
$4.7M deployed | $6.1M estimated current value
1.30x gross MOIC
81 investments across 57 companies
30 investments marked up
$50K median check size | $18M median entry valuation
$11M+ committed from 100+ LPs
During Q3, we invested in 10 new companies and added to positions in eight existing portfolio companies. Private-market valuations can lag business progress, creating opportunities to increase ownership before stronger performance is fully reflected in the price.
📊 Fund I — Performance (2021-2024)
Fund I is now fully deployed and continues to show strong early performance.
As of September 30, 2026:
$10.2M deployed across 201 investments into 130 companies
$21M estimated current value
2.1x gross MOIC | 19.3% gross IRR
73% of investments remain active and/or have been marked up
A small number of breakout companies can drive a disproportionate share of a venture fund’s returns. With several Fund I companies now reaching meaningful scale, we remain confident in the portfolio’s long-term upside.
🔭 Fund II — Strategy & Outlook
Fund II is backed by the AngelList Systematic Fund-of-Funds, anchored by Sequoia Capital and Squarepoint, a $100 billion asset manager. Based on AngelList’s proprietary data, SuperAngel ranks in the top 1% of managers on markups over baseline, a metric AngelList uses as a leading indicator of future performance.
We invest primarily from Pre-Seed through Series A, establishing ownership early and building larger positions as companies demonstrate progress.
Our strategy is simple:
Invest early — Establish ownership before companies become widely recognized.
Diversify broadly — Back a broad set of companies with breakout potential.
Follow the signal — Increase ownership as execution, traction, and market demand strengthen.
Activate the network — Tap our founders, LPs, and co-investors for sourcing, diligence, and portfolio support.
Venture investing can feel like a black box. I want LPs to have a front-row seat to the companies we’re backing through regular portfolio updates, insights from founders, and open communication along the way.
Fund II remains open to new LP commitments as we work toward a final close. If you know a prospective LP who may be a strong fit, or an exceptional founder building in our focus areas, I’d welcome an introduction.
Thank you, as always, 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 😇. Learn more about Fund II.
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