‘Super Angel’ GP Launches Rolling Fund with Global LP Base

Born in China, Cindy Bi immigrated to the U.S. when she was 20 to study civil engineering. She later founded and sold a hardware business while juggling a full-time software job at Accenture.

“I’ve always worked very hard,” she said. “I love efficiency.”

When she moved to Silicon Valley in 2010, she tapped into the venture community by convincing her employer to let her invest in tech startups through an evergreen fund. Since 2019, Bi invested more than $400k of her personal capital in 10 startups and six VC funds, including Gumroad founder Sahil Lavingia’s new Rolling Fund.

“I see Sahil as a very strong ally who takes pride in working in the public to inspire and help others,” she said.

With more than 100 investments in her past portfolio — including three unicorns — she’s taking her investing to the next level. This month she launched Rolling Fund - CapitalX, leveraging her network to raise more than $2M in two weeks from LPs across the globe.

“This is the VC version of the future of work,” said Bi, who managed a remote-only workforce for 10 years. “With Rolling Funds, micro LPs from all over the world now have access to invest in the next wave of underestimated innovators.”

Raise capital fast

Efficiency is at the heart of how Bi manages her Rolling Fund. She plans to invest $1.5M per quarter — with check sizes ranging from $100k to $500k — into seed and pre-seed companies across a range of software and hardware sectors.

“Without Rolling Funds, this wouldn’t be possible,” Bi said. “The ability to fundraise publicly is essential to my ability to raise capital quickly.” Whether considering a potential deal or a potential LP, Bi follows an approach of “high conviction, fast commit.”