Gaingels

2015

Founded

506

Investments

United States

Offices

Angel Network

Investor Type

About

Gaingels is a venture capital firm headquartered in Burlington, Vermont, dedicated to fostering diversity and inclusion within the startup ecosystem. Established in 2014 by David Beatty and Paul Grossinger, Gaingels focuses on investing in companies with diverse and underrepresented leadership, including LGBTQIA+ founders and executives. The firm's mission is to influence social change through venture investing by promoting equity of access and representation in the venture capital industry.

Since its inception, Gaingels has co-invested with select venture capital leads in over 2,600 rounds, deploying more than $900 million into a portfolio of over 2,400 companies. The firm partners with founders to help them build more diverse and inclusive organizations, offering programs like the Gaingels Letter and the Venture Inclusion Program to have a real impact on its portfolio companies. Gaingels also provides a platform for underrepresented individuals to become involved in the innovation economy and offers a free diverse board member/observer recruitment advisory for its portfolio companies.

As a founding co-signer of the Diversity Term Sheet Rider Initiative, Gaingels aims to increase access to venture funding events for non-traditional check writers. The firm regularly co-invests with select VC leads across various stages and sectors, including technology, B2B, healthcare, and consumer industries, from Seed to Growth/pre-IPO stages.

Portfolio Companies

Binance.US, BlockFi, Databricks, Finless Foods, Grove Collaborative, MasterClass, "SMore", Thirteen Lune

Gepgraphic Focus

United States, Australia, United Kingdom, Canada

Key Differentiators

Focus on diverse and underrepresented leadership, Commitment to social change through venture investing, Partnerships with founders to build inclusive organizations

Thypical Investment Size

Varies

Total Funds Raised

$900 million+

Visit Website

Enterprise

E-Commerce

Food and Beverage

Marketing (MarTech)

RetailTech

Apps

New York

Pre-Seed

Seed

Series A

Series B

Series C

Series D

United States