AngelPad
 | A major contributor to this article appears to have a close connection with its subject. (January 2014) |
 | |
| Industry | Startup accelerator |
|---|---|
| Founded | 2010 |
| Founder | Thomas Korte, Carine Magescas |
| Headquarters | San Francisco, CA |
Key people | Thomas Korte, Carine Magescas |
| Website | angelpad |
AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte and Carine Magescas with six other former Google employees as mentors.[1][2][3] AngelPad provides mentorship, seed money, and networking at two 10-week courses per year.[4]
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.[5][6][7]
Program
[edit]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.[8][9][10]
Application Process
[edit]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,[11] for an acceptance rate of 1.9%.
Notable alumni companies
[edit]Several AngelPad companies have attracted significant rounds of investment or sold to larger companies after completing the incubator program. Notable portfolio companies include: Buffer, CoverHound, MoPub, Postmates, Astrid, Drone Deploy, Ribbon, Pipedrive, Rolepoint and Vungle.[12][13][14]
Postmates got acquired by Uber for $2.65 billion [15] and Vungle got acquired by Blackstone for a reported $750 million. [16]
See also
[edit]References
[edit]- ↑ "AngelPad: Seven Ex-Googlers Are About To Launch A New Incubator". TechCrunch. 23 August 2010. Retrieved 2011-08-18.
- ↑ Roush, Wade (2010-11-15). ""Changing the Way We Start Companies": Q&A with AngelPad's Thomas Korte". Xconomy. Retrieved 2020-04-24.
- ↑ Gatto, Katie (2010-08-23). "AngelPad breaks into angel investing". VatorNews. Retrieved 2020-04-24.
- ↑ Krishna, Ashish (12 April 2015). "What Happens At AngelPad". TechCrunch. Retrieved 2020-04-24.
- ↑ Siegler, MG (1 August 2011). "Halo Effect: All AngelPad Companies Will Get $100K Investment Offers From 2 VC Firms". TechCrunch. Retrieved 2011-08-18.
- ↑ Gannes, Liz (1 August 2011). "AngelPad Gets VC Firms to Commit $100K to All Its Start-Ups". AllThingsD. Retrieved 2020-04-24.
- ↑ Lynley, Matthew (2011-08-01). "Incubator AngelPad will drop extra $100k in participating startups". VentureBeat. Retrieved 2020-04-24.
- ↑ "About AngelPad". AngelPad. Retrieved 2011-08-16.
- ↑ Solomon, Brian. "An Inside Look At AngelPad, The Top Startup Accelerator Of 2015". Forbes. Retrieved 2020-04-24.
- ↑ Rudgard, Olivia (2019-12-09). "Hive chief John Furneaux: 'Being a Brit earns trust with Americans'". The Telegraph. ISSN 0307-1235. Retrieved 2020-04-24.
- ↑ Lynley, Matthew (2011-03-29). "AngelPad's 13 Demo Day Darlings". New York Times. Retrieved 2011-08-15.
- ↑ "Data from VentureBeat". VentureBeat. 23 November 2020.
- ↑ "AngelPad's 62 Companies Raised $56 Million In 2012; Round Size Grew Year-Over-Year". TechCrunch. 14 January 2013.
- ↑ Kolodny, Lora (22 May 2013). "Sneak Preview: AngelPad May 2013 Graduates". Wall Street Journal. Retrieved Sep 18, 2013.
- ↑ Wolverton, Troy. "Meet the husband-and-wife team that run AngelPad, the exclusive startup accelerator whose early bet on Postmates just led to a $2.65 billion Uber acquisition". Business Insider. Retrieved 2024-04-01.
- ↑ Williams, Robert. "Vungle acquired by Blackstone for reported $750M". Marketing Dive. Retrieved 2026-01-09.
