AngelPad

AngelPad
Industry Venture Capital
Founded 2010
Headquarters San Francisco, CA
Key people
 Thomas Korte
Website http://angelpad.org/

AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte with six former Google employees.[1] AngelPad provides mentorship, seed money, and networking at two 10-week courses per year.

AngelPad attracted attention in August 2011 after announcing that each of its startups will have the option to accept $100,000 from two venture capital firms at the start of their class.[2]

The incubator has often been compared to Y Combinator.[3]

Program

The program consists of ten weeks of mentorship, brainstorming, fundraising, and pragmatic advice, concluding with a "Demo Day" in which companies present their value propositions and ideas to hundreds of investors.[4]

Application Process

The application process consists of a written application, starting on the incubator's website.

Fewer than 15 startups were selected out of a pool of 800 applicants for the Winter 2011 class,[5] for an acceptance rate of 1.9%.

Notable portfolio companies

Several AngelPad companies have already attracted subsequent rounds of investment. The companies are: CoverHound, Crittercism, LocBox, MoPub, Postmates, Pogoseat,[6] Ribbon, Rolepoint and Vungle.[7][8]

All portfolio companies

See also

References

  1. ↑ "AngelPad: Seven Ex-Googlers Are About To Launch A New Incubator". TechCrunch. Retrieved 2011-08-18.
  2. ↑ "Halo Effect: All AngelPad Companies Will Get $100K Investment Offers From 2 VC Firms". TechCrunch. Retrieved 2011-08-18.
  3. ↑ "Demo Day for AngelPad: The Anti Y Combinator". StrictlyVC. Retrieved 2014-04-17.
  4. ↑ "About AngelPad". AngelPad. Retrieved 2011-08-16.
  5. ↑ Lynley, Matthew (2011-03-29). "AngelPad’s 13 Demo Day Darlings". New York Times. Retrieved 2011-08-15.
  6. ↑ "Sneak Preview: AngelPad May 2013 Graduates". Wall Street Journal. Retrieved Sep 18, 2013.
  7. ↑ "Data from VentureBeat". VentureBeat.
  8. ↑ "AngelPad’s 62 Companies Raised $56 Million In 2012; Round Size Grew Year-Over-Year". TechCrunch.

External links

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