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Avlok Kohli
Avlok Kohli
CEO
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Announcements

AngelList Venture Raises Additional $44M From GP & LP Customers

One of the largest customer raises ever.

Apr 21, 2022 — 1 min read

Written by

Avlok Kohli
Avlok Kohli
CEO
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Today we closed an additional $44M from our GP and LP community at a $4B pre-money valuation. This represents one of the largest customer raises ever.

Allocation in the customer round was offered to the top active fund and syndicate GPs and their LPs. In partnership with our GPs, nearly 10% of the active LP base invested in AngelList Venture. As a platform that allows users to invest in startups, it made sense to enable our customers to invest in the platform.

We look forward to continue building products that increase the rate of innovation in the world.


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Disclaimer:

The information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment, service, product, or other advice of any kind, and shall not constitute or imply an offer of any kind. Any investment opportunities and/or products or services shown here will only be completed pursuant to formal offering materials, a letter of intent, and/or any other agreements as determined by AngelList containing full details regarding risks, minimum investment, fees, and expenses of such transaction. The terms of any product, service, or particular investment opportunity, including size, costs, and other characteristics, are set forth in the applicable constituent documents for such product, service or particular investment opportunity and may differ materially from those presented in this presentation. Such terms are subject to change without notice. For more information on AngelList and its products and services, please see here.

Quotes included in these materials related to AngelList's services should not be construed in any way as an endorsement of AngelList's advice, analysis, or other service rendered to its clients.