# Band of Angels: portfolio, investments and team

> Band of Angels is an angel network based in United States. 79 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/band-of-angels (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Band of Angels

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $3.0M, Sept 2009 Angel network

Pre-seed Seed Series A High-tech Startups

Follow Band of Angels and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fband-of-angels)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 79 on record

Since the last cheque **2564** days **00** hrs **00** min **00** sec

Median round **$2.0M** Rounds led **1 of 79** Sole investor **16 rounds** Exits **12 from the portfolio** Mostly in **United States, 94%**

Pitch Band of Angels

## Band of Angels highlights

- 01 79 rounds on record
- 02 Mostly Seed and Venture: 64% of its rounds
- 03 Sole investor in 16 rounds, median $1.0M
- 04 12 exits from the portfolio

## What they do

> Band of Angels was the first high-tech angel investment group in the USA and continues today, with weekly member events, monthly deal pitch dinners, and millions of dollars of annual investment into 20+ startups each year From their own website

- **Type:** Angel network (from a list, unverified)
- **Cheque size:** Up to $750K as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** High-tech Startups
- **Based in:** San Francisco, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **79 appearances**

- **2019** 3 rounds
- **Oct** **[U–Nest](https://millionrounds.com/company/u-nest)** Seed · US · FinSMEs **$2.0M** With 4 others
- **Sept** **[eyecandylab](https://millionrounds.com/company/eyecandylab)** Seed · DE · FinSMEs **$1.5M** *Led*
- **Jul** **[U-Nest](https://millionrounds.com/company/u-nest)** Series A · CA · Houstonchronicle **$2.0M** With 3 others
- **2017** 1 round
- **Mar** **[Sift](https://millionrounds.com/company/sift)** Seed · US · FinSMEs **$1.5M** With 6 others
- **2016** 1 round
- **Apr** **[ON24](https://millionrounds.com/company/on24)** **$25M** With 8 others
- **2015** 7 rounds
- **Nov** **[HealthCrowd](https://millionrounds.com/company/healthcrowd)** Seed · US **$2.1M** With 4 others
- **Nov** **[NG1Technologies](https://millionrounds.com/company/ng1technologies)** Seed **$1.5M** With 1 other
- **Jul** **[NextInput](https://millionrounds.com/company/nextinput)** Venture · US **$1.5M** With 3 others
- **May** **[BarTrendr](https://millionrounds.com/company/bartrendr)** Venture · US **$1.0M** With 1 other
- **May** **[Savvy.is](https://millionrounds.com/company/savvy-is)** Seed **$1.7M** With 8 others
- **Apr** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** Series A · US **$16M** With 9 others
- **Feb** **[DecisionNext](https://millionrounds.com/company/decisionnext)** Venture · US **$2.8M** With 4 others
- **2014** 5 rounds
- **Aug** **[CareDox](https://millionrounds.com/company/caredox)** Seed · US **$2.5M** With 4 others
- **Jul** **[NextInput](https://millionrounds.com/company/nextinput)** Seed · US **$1.5M** Sole investor
- **Feb** **[Vidcaster](https://millionrounds.com/company/vidcaster)** Series A · US **$1.3M** With 2 others
- **Jan** **[BarTrendr](https://millionrounds.com/company/bartrendr)** Seed · US **$1.3M** Sole investor
- **Jan** **[Safe H2O Inc.](https://millionrounds.com/company/safe-h2o-inc)** Seed · US **$700K** With 2 others
- **2013** 8 rounds
- **Dec** **[Practice Fusion](https://millionrounds.com/company/practice-fusion)** Series D · US · techcrunch.com **$15M** With 4 others
- **Sept** **[Practice Fusion](https://millionrounds.com/company/practice-fusion)** Series D · US · finsmes.com **$70M** With 9 others
- **Apr** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** Seed · US **$900K** With 3 others
- **Apr** **[HealthCrowd](https://millionrounds.com/company/healthcrowd)** Seed · US **$500K** With 4 others
- **Mar** **[OndaVia](https://millionrounds.com/company/ondavia)** Venture · US · venturedeal.com **$1.0M** Sole investor
- **Mar** **[Uppidy](https://millionrounds.com/company/uppidy)** Seed · US · techcrunch.com **$600K** With 3 others
- **Feb** **[nScaled](https://millionrounds.com/company/nscaled)** Seed · US · sec.gov **$1.5M** Sole investor
- **Jan** **[Perkville](https://millionrounds.com/company/perkville)** Seed · US · finsmes.com **$450K** With 1 other
- **2012** 15 rounds
- **Oct** **[Calcula Technologies](https://millionrounds.com/company/calcula-technologies)** Venture · US **$1.5M** Sole investor
- **Sept** **[Bell Biosystems](https://millionrounds.com/company/bell-biosystems)** Seed · US **$1.5M** With 1 other
- **Sept** **[Bell Biosystems](https://millionrounds.com/company/bell-biosystems)** Growth · US · venturedeal.com **$1.5M** Sole investor
- **Jul** **[Scopix](https://millionrounds.com/company/scopix)** Venture · US · sec.gov **$4.8M** With 1 other
- **Jul** **[CareinSync](https://millionrounds.com/company/careinsync)** Venture · US **$1.0M** Sole investor
- **Jul** **[Cephasonics](https://millionrounds.com/company/cephasonics)** Venture · US **$1.0M** With 1 other
- **Jul** **[PV Evolution Labs](https://millionrounds.com/company/pv-evolution-labs)** Venture · US **$200K** Sole investor
- **Jul** **[OncoHealth](https://millionrounds.com/company/oncohealth)** Seed · US **$600K** With 2 others
- **Jul** **[Audioscribe](https://millionrounds.com/company/audioscribe)** Venture · US **$750K** Sole investor
- **Jun** **[Practice Fusion](https://millionrounds.com/company/practice-fusion)** Series C · US · techcrunch.com **$34M** With 13 others
- **Jun** **[Aidin](https://millionrounds.com/company/aidin)** Venture · US · techcrunch.com **$600K** With 4 others
- **May** **[TrustedAd](https://millionrounds.com/company/trustedad)** Seed · US **$300K** Sole investor
- **Mar** **[PromoJam](https://millionrounds.com/company/promojam)** Series A · US · techcrunch.com **$1.2M** With 1 other
- **Jan** **[Defixo](https://millionrounds.com/company/defixo)** Venture **$200K** Sole investor
- **Jan** **[Fin Quiver](https://millionrounds.com/company/fin-quiver)** Venture **$1.0M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

IP **Ian Patrick Sobieski** Manager i Filing they signed

We also hold **21** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**37** of 60 we have independently watched raise

[AEye](https://millionrounds.com/company/aeye)[Aiden](https://millionrounds.com/company/aiden)[Airbnb](https://millionrounds.com/company/airbnb)[Algenesis](https://millionrounds.com/company/algenesis)[Atraverse Medical](https://millionrounds.com/company/atraverse-medical)[Automotus](https://millionrounds.com/company/automotus)[Basilard BioTech](https://millionrounds.com/company/basilard-biotech)[CNote](https://millionrounds.com/company/c-note)[Collective OS](https://millionrounds.com/company/collective-os)[Deep Blue](https://millionrounds.com/company/deepblue)[EIO Diagnostics](https://millionrounds.com/company/eio-diagnostics)[EarthGrid](https://millionrounds.com/company/earthgrid)[EchoPixel](https://millionrounds.com/company/echo-pixel)[Everykey](https://millionrounds.com/company/everykey)[HLRBO](https://millionrounds.com/company/hlrbo)[Healionics](https://millionrounds.com/company/healionics)[LambdaVision](https://millionrounds.com/company/lambdavision)[Limeade](https://millionrounds.com/company/limeade)[Luxury Travel Hackers](https://millionrounds.com/company/luxury-travel-hackers)[Materna Medical](https://millionrounds.com/company/materna-medical)[Milkify](https://millionrounds.com/company/milkify)[ON24](https://millionrounds.com/company/on24)[OtoSense](https://millionrounds.com/company/otosense)[Overlord Labs](https://millionrounds.com/company/overlord-labs)[Practice Fusion](https://millionrounds.com/company/practice-fusion)[Promaxo](https://millionrounds.com/company/promaxo)[Rock Paper Coin](https://millionrounds.com/company/rock-paper-coin)[Seven Starling](https://millionrounds.com/company/seven-starling)[Sharper Sense](https://millionrounds.com/company/sharper-sense)[Shazam](https://millionrounds.com/company/shazam)[Skidattl](https://millionrounds.com/company/skidattl)[Strados Labs](https://millionrounds.com/company/strados-labs)[Tandem PV](https://millionrounds.com/company/tandem-pv)[Telestream](https://millionrounds.com/company/telestream)[The Detection Group](https://millionrounds.com/company/the-detection-group)[UNest](https://millionrounds.com/company/u-nest)[Verivend](https://millionrounds.com/company/verivend) BMI OrganBank Berri Organics Bluejaÿ C212 Car IQ Clinical Maestro® by Strategikon CodeTogether Croft Drobot En Verite AI Exum Hilltop Bio' Illuminare Jiminy’s Loopie MuReva Nordic to acquire NuvOx Pharma OneForce Osteoboost Osteoporosis Oze Qorvo and 17 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **12 in all**

**[Ustream](https://millionrounds.com/company/ustream)** Bought by [Ibm](https://millionrounds.com/fund/ibm) **Undisclosed** Jan 2016

**[nScaled](https://millionrounds.com/company/nscaled)** Bought by Acronis **Undisclosed** Sept 2014

**[CareinSync](https://millionrounds.com/company/careinsync)** Bought by Hearst Corporation **Undisclosed** Apr 2014

**[Uppidy](https://millionrounds.com/company/uppidy)** Bought by ArmorText **Undisclosed** Apr 2014

**[100Plus](https://millionrounds.com/company/100plus)** Bought by Practice Fusion **Undisclosed** Feb 2013

**[Delve Networks](https://millionrounds.com/company/delve-networks)** Bought by [Limelight Networks](https://millionrounds.com/fund/limelight-networks) **Undisclosed** Aug 2010

**[Consorte Media](https://millionrounds.com/company/consorte-media)** Bought by AudienceScience **Undisclosed** May 2010

**[AdECN](https://millionrounds.com/company/adecn)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$45M** Jul 2007

**[JobFlash](https://millionrounds.com/company/jobflash)** Bought by Taleo **$3.0M** Mar 2007

**[SeaDragon Software](https://millionrounds.com/company/seadragon-software)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jan 2006

**[ChipWrights](https://millionrounds.com/company/chipwrights)** Bought by AD Group **Undisclosed** May 2005

**[Hipbone](https://millionrounds.com/company/hipbone)** Bought by KANA Software **Undisclosed** Jan 2004

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$3.0M**

raised in Sept 2009

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.0M** the round, not its cheque Alone, median **$1.0M**

Led 1 of 79 rounds **1%**

- **Said size:** Up to $750K
- **Sole investor:** 16 rounds
- **Last cheque:** Oct 2019
- **Exits:** 12 from the portfolio

Rounds by stage said on their site

- Seed said *29*
- Venture *20*
- Series A said *16*
- Series B said *4*
- Series C *4*
- Series D *3*
- Pre-seed said *-*

Cheques by year Led Joined

1999 2019

Often in the room with

- [Maveron](https://millionrounds.com/fund/maveron) 7
- [Felicis](https://millionrounds.com/fund/felicis-ventures) 5
- [Labrador Ventures](https://millionrounds.com/fund/labrador-ventures) 5
- [TEEC Angel Fund](https://millionrounds.com/fund/teec-angel-fund) 4
- [Artis Ventures (AV)](https://millionrounds.com/fund/artis-ventures-av) 3
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 3

**Pitching Band of Angels?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Band of Angels. A count of rooms they were both in, not a relationship either has claimed.

[**Maveron** VC firm **7** rounds together](https://millionrounds.com/fund/maveron)[**Felicis** VC firm **5** rounds together](https://millionrounds.com/fund/felicis-ventures)[**Labrador Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/labrador-ventures)[**TEEC Angel Fund** VC firm **4** rounds together](https://millionrounds.com/fund/teec-angel-fund)[**Artis Ventures (AV)** VC firm **3** rounds together](https://millionrounds.com/fund/artis-ventures-av)[**First Round Capital** VC firm **3** rounds together](https://millionrounds.com/fund/first-round-capital)[**Golden Seeds** Angel network **3** rounds together](https://millionrounds.com/fund/golden-seeds)[**Intel Capital** Corporate VC **3** rounds together](https://millionrounds.com/fund/intel-capital)[**Keiretsu Forum** Angel network **3** rounds together](https://millionrounds.com/fund/keiretsu-forum)[**Ken Arnold** VC firm **3** rounds together](https://millionrounds.com/fund/ken-arnold)[**Morgenthaler Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/morgenthaler)[**Sand Hill Angels** Angel network **3** rounds together](https://millionrounds.com/fund/sand-hill-angels)

## Recently backed

The latest companies Band of Angels put money into.

[**eyecandylab** $1.5M · Sept 2019](https://millionrounds.com/company/eyecandylab)[**Sift** $1.5M · Mar 2017](https://millionrounds.com/company/sift)

## Mentioned on podcasts

Episodes that name Band of Angels in their description, not their title.

- [This Much I Know](https://millionrounds.com/podcasts/this-much-i-know) 10 May 2015 · 28 min Will Bunker of Silicon Valley Growth Syndicate Mentions [Silicon Valley Growth Syndicate](https://millionrounds.com/fund/silicon-valley-growth-syndicate)[Will Bunker](https://millionrounds.com/fund/will-bunker)[Band of Angels](https://millionrounds.com/fund/band-of-angels) Apple PodcastsShow page

## Quick answers about Band of Angels

### What does Band of Angels invest in?

Band of Angels invests most often at Seed and Venture (64% of the rounds on record), in sectors such as High-tech and Startups.

### How active is Band of Angels?

79 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2019.

### What has Band of Angels invested in recently?

Its most recent investments on record: U–Nest (Seed, Oct 2019), eyecandylab (Seed, Sept 2019) and U-Nest (Series A, Jul 2019).

### How big are Band of Angels's cheques?

The median round it joins is $2.0M.

### Does Band of Angels lead rounds?

Sometimes: it led 1 of its 79 investments on record (1%).

### Where does Band of Angels invest?

Most of the companies it backs are in the United States (94%).

### Is Band of Angels investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does Band of Angels invest alongside?

Most often Maveron (7 rounds together), Felicis (5 rounds together) and Labrador Ventures (5 rounds together).

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