Connecting GPs With $1B Annually
GPs utilize the growing AngelList Capital Network to raise funds and build long-term relationships.
Sep 13, 2021 — 2 min read
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The power of AngelList is our capital network. With the click of a button, GPs can launch a SPV or fund, raise from their own LPs, and raise from a network of LPs on the AngelList platform.
In 2021, the AngelList Capital Network, composed of LPs who discover syndicates and funds via AngelList, is expected to reach $1B. This represents $1B in capital which GPs would not otherwise have access to.
With the help of the AngelList Capital Network, GPs have already raised many venture funds and built long-lasting relationships with LPs all over the world.
“AngelList is a natural platform for building a network of LPs, GPs, and startups. I’ve leveraged their software to meet many LPs I still work with to this day. My AngelList LP network is a diverse, international, and startup-curious set of people.” — Jude Gomila, Jude Gomila Rolling Fund
“The LP relationships we’ve developed through AngelList have been invaluable in terms of providing assistance to our portfolio companies. Our LPs are eager to help with everything from customer referrals and talent acquisition to strategic guidance and advice on raising additional capital. Our portfolio companies tell us they’ve received tremendous value from the assistance and support of our LPs.” — Phil Nadel, Forefront Venture Partners
Long-Term LP Relationships
LPs in the AngelList Capital Network stick with GPs long-term. Roughly half of all LPs who invest in one deal with a GP will go on to invest in a second deal with that same GP. Of the LPs who invest in at least two deals with a GP, an increasing majority will continue to invest in that GP’s subsequent deals.
One LP I met through AngelList has been working with me for over seven years now, investing in both my AngelList deals and in Genoa Ventures’ funds. He’s been an exceptional mentor and serves on Genoa Ventures’ limited partner advisory committee. He’s also connected me with many more LPs who’ve helped grow our firm.
