AngelList
AngelList is a US website for startups, angel investors, and job-seekers looking to work at startups. The platform has a mission democratizing the investment process. It started as an online introduction board for tech startups that needed seed funding. Now, the site allows startups to raise money from angel investors free of charge.
AngelList syndicates allow investors to invite other accredited investors to share in the deals.
History
It was founded in 2010 by serial entrepreneur Naval Ravikant and Babak Nivi. AngelList offers investment syndicates in which startups raise money from accredited investors investing alongside prominent angel investors. The company is also looking at equity crowdfunding with unaccredited investors after the passage of the US JOBS Act. Naval cites his own experiences as a serial entrepreneur and the struggles of finding funding, as the impetus for the AngelList platform.
In 2014:
AngelList raised $104 million online
The platform funded 243 startups
2,673 investors participated in 2014
