# David Chang: portfolio, investments and team > David Chang is an angel network based in United States. 15 investments on record, latest Sept 2017. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/david-chang (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # David Chang Last cheque observed Sep 2017. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet Angel network Pre-seed Seed Digital Media Fintech Travel Follow David Chang and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fdavid-chang) Cheques on record **0%** of best year **0** **cheques in 12 months**, 15 on record Since the last cheque **3328** days **00** hrs **00** min **00** sec Median round **$1.6M** Rounds led **0 of 15** Sole investor **3 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%** Pitch David Chang ## David Chang highlights - 01 15 rounds on record - 02 Mostly Seed and Series A: 93% of its rounds - 03 Sole investor in 3 rounds, median $1.0M - 04 2 exits from the portfolio ## What they do > Co-founder of TBD Angels and Where Angel Fund From their own website - **Type:** Angel network - **Cheque size:** Not stated - **Stages:** Pre-seed Seed - **Sectors:** Digital Media Fintech Travel - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **15 appearances** - **2017** 1 round - **Sept** **[Wevo](https://millionrounds.com/company/wevo)** Seed · US · FinSMEs **$1.6M** With 3 others - **2015** 7 rounds - **Oct** **[Renoviso](https://millionrounds.com/company/renoviso)** Seed · US **$1.4M** With 6 others - **Aug** **[SmackHigh](https://millionrounds.com/company/smackhigh)** Seed · US **$1.6M** With 4 others - **Jun** **[Bond Street](https://millionrounds.com/company/bond-street)** Series A · US **$10M** With 15 others - **May** **[InMoji](https://millionrounds.com/company/inmoji)** Seed · US **$1.5M** Sole investor - **Mar** **[Maple](https://millionrounds.com/company/maple)** Series A · US **$25M** With 4 others - **Mar** **[Jolt Athletics](https://millionrounds.com/company/jolt-athletics)** Seed **$130K** With 3 others - **Feb** **[InMoji](https://millionrounds.com/company/inmoji)** Seed · US **$1.0M** Sole investor - **2014** 3 rounds - **Nov** **[Maple](https://millionrounds.com/company/maple)** Seed · US **$4.0M** With 4 others - **Jul** **[Amino Apps](https://millionrounds.com/company/amino-apps)** Seed · US **$1.6M** With 11 others - **Jan** **[Cuseum](https://millionrounds.com/company/cuseum)** Seed · US **$1.3M** With 25 others - **2013** 2 rounds - **Mar** **[clypd](https://millionrounds.com/company/clypd)** Series A · US · marketwire.com **$3.2M** With 10 others - **Mar** **[Careport Health](https://millionrounds.com/company/careport-health)** Seed · US **$930K** With 2 others - **2011** 1 round - **Oct** **[Crashlytics](https://millionrounds.com/company/crashlytics)** Seed · US · techcrunch.com **$1.0M** With 9 others - **2010** 1 round - **Sept** **[xPeerient](https://millionrounds.com/company/xpeerient)** Venture · US **$620K** 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 We hold **1** person 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) **4** of 15 we have independently watched raise [Accomplice](https://millionrounds.com/company/accomplice)[MassChallenge](https://millionrounds.com/company/masschallenge)[PayPal](https://millionrounds.com/company/paypal)[Techstars](https://millionrounds.com/company/techstars) BUILD Entrepreneur Games Brandathon Director, Summer Venture Program Entrepreneur-in-Residence Flybridge Capital ​ Founders Workbench Gradifi MITX/GBCC Northeast Arc Tank TBD Angels TheVentureCity 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 **2 in all** **[xPeerient](https://millionrounds.com/company/xpeerient)** Bought by NET(net) **Undisclosed** Jun 2013 **[Crashlytics](https://millionrounds.com/company/crashlytics)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$100M** Jan 2013 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Pre-seed Seed Median round joined **$1.6M** the round, not its cheque Alone, median **$1.0M** Led 0 of 15 rounds **0%** - **Sole investor:** 3 rounds - **Last cheque:** Sept 2017 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Seed said *11* - Series A *3* - Venture *1* - Pre-seed said *-* Cheques by year Led Joined 2010 2017 Often in the room with - [Techstars](https://millionrounds.com/fund/techstars) 3 - [Biospring Partners](https://millionrounds.com/fund/biospring-partners) 2 - [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) 2 - [Chang Corporation](https://millionrounds.com/fund/chang-corporation) 2 - [David S. Chang](https://millionrounds.com/fund/david-s-chang) 2 - [Flybridge](https://millionrounds.com/fund/flybridge) 2 **Pitching David Chang?** 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 Chang. A count of rooms they were both in, not a relationship either has claimed. [**Techstars** VC firm **3** rounds together](https://millionrounds.com/fund/techstars)[**Biospring Partners** Private equity **2** rounds together](https://millionrounds.com/fund/biospring-partners)[**Boston Seed Capital** Angel network **2** rounds together](https://millionrounds.com/fund/boston-seed-capital)[**Chang Corporation** Corporate VC **2** rounds together](https://millionrounds.com/fund/chang-corporation)[**David S. Chang** VC firm **2** rounds together](https://millionrounds.com/fund/david-s-chang)[**Flybridge** VC firm **2** rounds together](https://millionrounds.com/fund/flybridge)[**Jere Doyle** Angel network **2** rounds together](https://millionrounds.com/fund/jere-doyle)[**Paul English** Angel **2** rounds together](https://millionrounds.com/fund/paul-english)[**Shereen Shermak** Angel **2** rounds together](https://millionrounds.com/fund/shereen-shermak)[**Slow Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/slow-ventures)[**Thrive Capital** Family office **2** rounds together](https://millionrounds.com/fund/thrive-capital-2) ## Recently backed The latest companies David Chang put money into. [**Wevo** $1.6M · Sept 2017](https://millionrounds.com/company/wevo) ## On podcasts 2 episodes naming David Chang in the title, and 2 more that mention it. - [TBPN](https://millionrounds.com/podcasts/tbpn) 20 Nov 2025 · 3h 3m NVIDIA Beats Earnings, Google Launches Nano Banana Pro, 𝕏 Timeline Reactions | David Chang, Loredana Crisan, Tarek Alaruri, Tony Zhao, Nikita Rudin Mentions [David Chang](https://millionrounds.com/fund/david-chang)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page - [Masters of Scale](https://millionrounds.com/podcasts/masters-of-scale) 8 Nov 2025 · 32 min Remarkable People: David Chang is 'Steve Jobs with a knife" Mentions [David Chang](https://millionrounds.com/fund/david-chang)[Guy Kawasaki](https://millionrounds.com/fund/guy-kawasaki) Apple Podcasts ### Mentioned in - [How I Built This](https://millionrounds.com/podcasts/how-i-built-this) 25 Oct 2021 · 1h 9m Live Episode! Milk Bar: Christina Tosi (2019) Apple Podcasts - [How I Built This](https://millionrounds.com/podcasts/how-i-built-this) 14 Oct 2019 · 1h 7m Live Episode! Milk Bar: Christina Tosi Apple Podcasts ## Quick answers about David Chang ### What does David Chang invest in? David Chang invests most often at Seed and Series A (93% of the rounds on record), in sectors such as Digital Media, Fintech and Travel. ### How active is David Chang? 15 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2017. ### What has David Chang invested in recently? Its most recent investments on record: Wevo (Seed, Sept 2017). ### How big are David Chang's cheques? The median round it joins is $1.6M. ### Does David Chang lead rounds? Rarely, if at all: none of its 15 investments on record names it as the lead. ### Where does David Chang invest? Most of the companies it backs are in the United States (100%). ### Is David Chang investing now? No investments in the last 12 months; the latest was in Sept 2017. ### Who does David Chang invest alongside? Most often Techstars (3 rounds together), Biospring Partners (2 rounds together) and Boston Seed Capital (2 rounds together). ## 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-chang) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=david-chang)