Israel-based iAngels, an angel investing network that grants private investors access to early-stage technology companies alongside angels and venture funds, a raised $14 million Series B funding round led by Alex Waislitz of Thorney Investment Group. Since launching in 2014, iAngels has invested in 40 companies and produced two exits.
iAngels, the angel investing network that grants private investors exclusive access to early-stage technology companies alongside leading angels and venture funds, announced today that it has raised $14 million to drive expansion beyond Israel. iAngels raised the money to continue worldwide expansion of its offering, which combines blue chip co-investing with due diligence, to private investors around the world. They are also adding additional services to provide multi-family and institutional investors with curated exposure to the new asset class of technology startups. The round is led by Alex Waislitz of Thorney Investment Group.
“Spurred by our success in Israel, our global network of angel investors continues to grow, enjoying exclusive access to innovative startups through our unique model of trusted partnerships, data analytics, and due diligence,” said iAngels Founding Partner, Mor Assia. “This funding will allow us to continue dedicating significant resources to sourcing and evaluating the most promising deals and further develop the platform experience for our investor community.”
Since launching in 2014, iAngels has curated 40 investment opportunities, 15 of which became accessible to investors through iAngels’ relationship with the prestigious Silicon Valley accelerator, NFX Guild. As the company’s footprint expands globally, investors will be presented with a diverse selection of early-stage technology companies, many of which will only be accessible through iAngels’ platform. Investors will still receive identical terms as the top-tier angel investors, a key facet of the iAngels approach.
“As an investor that evaluates everything from large-cap stocks to real estate and private equities, we’re looking to hedge our concerns about capital market volatility by investing in innovation,” says Alex Waislitz, managing partner of Thorney Investment Group. “iAngels has consistently delivered high quality insights and deal flow to our fingertips through its inside knowledge of the Israeli tech scene, and we’re excited to tap into new regions with them and add diverse global venture capital investments to our holdings.”
The news comes on the heels of a successful year for the company. Additional highlights below.
- Portfolio companies Big Blue Parrot and MyRoll sold to Playtika and AVG respectively
- Portfolio company Travelersbox raised $14.5M in two rounds
- $15M strategic alliance with Thorney Investment Group
- Grew from 5 to 16 employees, headlined by a number of key senior executives, with plans to grow to 30 employees worldwide by the end of 2016
“When it comes time to choose an investment partner, entrepreneurs should always be looking for more than just funding,” saidNimrod Lehavi, CEO of Simplex, an iAngels portfolio company. “What we get from Mor, Shelly and the iAngels team is invaluable. They are real entrepreneurs that work hard, communicate with no BS, and are always focused on our success – and therefore the success of the entire network. It really makes them the perfect partner in today’s VC environment.”
iAngels is an angel investment network that allows private investors to gain access to exclusive early-stage technology deals in Israel, Silicon Valley and around the world through its online investment platform. iAngels leverages analytics, due diligence and visibility so investors can profit from the proven experience of professional angel investors in a transparent partnership under identical deal terms. In less than two years, iAngels has invested in 40 companies, produced two exits and built a team of financial professionals led by founders, Shelly Hod Moyal and Mor Assia. For more information, see http://www.iangels.co.