# David Cancel: angel investments and portfolio > David Cancel is an angel. 9 investments on record, latest Aug 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/david-cancel (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # David Cancel Last cheque observed Aug 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Angel Seed Cheques on record **0%** of best year **0** **cheques in 12 months**, 9 on record Since the last cheque **4079** days **00** hrs **00** min **00** sec Median round **$1.0M** Rounds led **0 of 9** Exits **3 from the portfolio** Mostly in **United States, 100%** Pitch David Cancel ## David Cancel highlights - 01 9 rounds on record - 02 Mostly Seed: 100% of its rounds - 03 3 exits from the portfolio ## What they do - **Type:** Angel (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **9 appearances** - **2015** 1 round - **Aug** **[Klaviyo](https://millionrounds.com/company/klaviyo)** Seed · US **$1.5M** With 2 others - **2014** 1 round - **Dec** **[Appcues](https://millionrounds.com/company/appcues)** Seed · US **$1.2M** With 6 others - **2012** 1 round - **Mar** **[Disconnect](https://millionrounds.com/company/disconnect)** Seed · US · techcrunch.com **$600K** With 7 others - **2011** 2 rounds - **Oct** **[Help Scout](https://millionrounds.com/company/help-scout)** Seed · US · techcrunch.com **$435K** With 15 others - **Jan** **[Storenvy](https://millionrounds.com/company/storenvy)** Seed · US · techcrunch.com **$1.5M** With 9 others - **2010** 2 rounds - **Aug** **[Locately](https://millionrounds.com/company/locately)** Seed · US · bostinnovation.com **$300K** With 4 others - **Aug** **[Rapportive](https://millionrounds.com/company/rapportive)** Seed · US · techcrunch.com **$1.0M** With 16 others - **2009** 2 rounds - **Dec** **[Next Big Sound](https://millionrounds.com/company/next-big-sound)** Seed · US **$1.0M** With 5 others - **Sept** **[Shareaholic](https://millionrounds.com/company/shareaholic)** Seed · US · techcrunch.com **$355K** With 7 others 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. ## Exits from the portfolio Companies it backed that were later bought or listed **3 in all** **[Next Big Sound](https://millionrounds.com/company/next-big-sound)** Bought by Pandora Media **Undisclosed** May 2015 **[Locately](https://millionrounds.com/company/locately)** Bought by [Service Management Group](https://millionrounds.com/fund/service-management-group) **Undisclosed** Aug 2012 **[Rapportive](https://millionrounds.com/company/rapportive)** Bought by [LinkedIn](https://millionrounds.com/fund/linkedin) **$15M** Feb 2012 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Median round joined **$1.0M** the round, not its cheque Led 0 of 9 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Aug 2015 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Seed *9* Cheques by year Led Joined 2009 2015 Often in the room with - [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) 4 - [CRV](https://millionrounds.com/fund/crv) 3 - [Brian Balfour](https://millionrounds.com/fund/brian-balfour) 2 - [David Cohen](https://millionrounds.com/fund/david-cohen) 2 - [Roy Rodenstein](https://millionrounds.com/fund/roy-rodenstein) 2 - [Zelkova Ventures](https://millionrounds.com/fund/zelkova-ventures) 2 **Pitching David Cancel?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as David Cancel. A count of rooms they were both in, not a relationship either has claimed. [**HubSpot Ventures** Corporate VC **4** rounds together](https://millionrounds.com/fund/hubspot-ventures)[**CRV** VC firm **3** rounds together](https://millionrounds.com/fund/crv)[**Brian Balfour** Angel **2** rounds together](https://millionrounds.com/fund/brian-balfour)[**David Cohen** Angel **2** rounds together](https://millionrounds.com/fund/david-cohen)[**Roy Rodenstein** Angel **2** rounds together](https://millionrounds.com/fund/roy-rodenstein)[**Zelkova Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/zelkova-ventures) ## Books by the people here One book written by people at David Cancel: [David Cancel](https://millionrounds.com/person/david-cancel). - HYPERGROWTH: How the Customer-Driven Model Is Revolutionizing the Way Businesses Build Products, Teams, & Brands [David Cancel](https://millionrounds.com/person/david-cancel) · 2017 4.14 from 208 ratings on Goodreads About the book Are you communicating with your customers on a regular basis? Do you know how to manage and prioritize customer feedback once you’ve gathered it? When it comes to building a great product, a great team, and a great brand, relying solely on the opinions of internal stakeholders… On AmazonListen on Audible - Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list) As an Amazon Associate we earn from qualifying purchases. ## On podcasts 4 episodes naming David Cancel in the title, and 2 more that mention it. - [Grit](https://millionrounds.com/podcasts/grit) 1 Jan 2024 · 1h 13m #171 Founder & Former CEO Drift, David Cancel: Never Trapped Mentions [David Cancel](https://millionrounds.com/fund/david-cancel)[Brian Halligan](https://millionrounds.com/fund/brian-halligan)[Shlomo Kramer](https://millionrounds.com/fund/shlomo-kramer) *+1* Apple PodcastsShow page - [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 18 Jan 2023 · 22 min SaaStr 626: 10 Lessons Learned Scaling to $1B Valuation with Drift Co-founders David Cancel and Elias Torres With [Elias Torres](https://millionrounds.com/person/elias-torres) Mentions [David Cancel](https://millionrounds.com/fund/david-cancel) Apple PodcastsShow page - [In Depth](https://millionrounds.com/podcasts/in-depth) 3 Dec 2020 · 51 min Start with the story, Drift’s David Cancel on lessons he’s learned as a 5X founder Mentions [David Cancel](https://millionrounds.com/fund/david-cancel) Apple PodcastsShow page - [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 6 May 2016 · 24 min SaaStr 019: David Cancel on Hiring People Not Skills, The Importance Of Investing In Relationships and Being Scrappy Mentions [David Cancel](https://millionrounds.com/fund/david-cancel) Apple PodcastsShow page ### Mentioned in - [Training Data](https://millionrounds.com/podcasts/training-data) 23 Sept 2025 · 45 min Why Businesses Are Rejecting the AI They’ve Asked For: Agency CEO Elias Torres Apple Podcasts - [Grit](https://millionrounds.com/podcasts/grit) 15 Jan 2024 · 1h 33m #173 Author of “The Qualified Sales Leader,” John McMahon: The Five-Time CRO Apple PodcastsShow page ## Quick answers about David Cancel ### What does David Cancel invest in? David Cancel invests most often at Seed (100% of the rounds on record). ### How active is David Cancel? 9 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2015. ### How big are David Cancel's cheques? The median round it joins is $1.0M. ### Does David Cancel lead rounds? Rarely, if at all: none of its 9 investments on record names it as the lead. ### Where does David Cancel invest? Most of the companies it backs are in the United States (100%). ### Is David Cancel investing now? No investments in the last 12 months; the latest was in Aug 2015. ### Who does David Cancel invest alongside? Most often HubSpot Ventures (4 rounds together), CRV (3 rounds together) and Brian Balfour (2 rounds together). ### What kind of investor is David Cancel? David Cancel is an angel. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=david-cancel) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=david-cancel)