# Solo angels backing IoT (2026 list) > 10 solo angels backing IoT, 80% active in the last 12 months. Led by 500 Global, Krishna Jha, David Adelman. Ranked by what they funded. Source: https://millionrounds.com/lists/solo-angels-iot (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Solo angels backing IoT Updated 7 November 2026 Solo angels we have observed in an ioT round in the last two years. [See all 10 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fsolo-angels-iot)The top 10 **10** investors on the list No change this week **83** cheques in 12 months *-50%* against the market **$2.3M** median round they joined *-72%* against the market median **80%** wrote a cheque in 12 months **10%** have led a round ## The Top 10 Ordered by cheques observed, never by anything anyone paid for Deploying now (8) - 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen - 2 [Krishna Jha](https://millionrounds.com/fund/krishna-jha) *Deploying now* Angel **3** **$2.3M** median round **Oct 2026** last seen - 3 [David Adelman](https://millionrounds.com/fund/david-adelman) *Deploying now* Angel **2** **$27M** median round **May 2026** last seen - 4 [Avijeet Alagathi](https://millionrounds.com/fund/avijeet-alagathi) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen - 5 [Jivesh Madan](https://millionrounds.com/fund/jivesh-madan) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen - 6 [Richard Thwaites](https://millionrounds.com/fund/richard-thwaites) quiet Angel **1** **$8.1M** median round **May 2025** last seen - 7 [Saurabh Gunwant](https://millionrounds.com/fund/saurabh-gunwant) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen - 8 [Shachi Jalote](https://millionrounds.com/fund/shachi-jalote) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen - 9 [Thomas Miglis](https://millionrounds.com/fund/thomas-miglis) quiet Angel **1** **$22M** median round **Nov 2024** last seen - 10 [Vasant Rao](https://millionrounds.com/fund/vasant-rao) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **27** Oct **[Nova Spectral AI](https://millionrounds.com/company/nova-spectral-ai)** Seed · $2.3M *With* [Avijeet Alagathi](https://millionrounds.com/fund/avijeet-alagathi) - **14** Oct **[Dapta](https://millionrounds.com/company/dapta)** Seed · $6M *With* [500 Global](https://millionrounds.com/fund/500-startups) - **28** Sept **[erad](https://millionrounds.com/company/erad)** Series A · $22M *With* [500 Global](https://millionrounds.com/fund/500-startups) - **16** Sept **[Scaffold](https://millionrounds.com/company/scaffold)** Seed · $15M *With* [500 Global](https://millionrounds.com/fund/500-startups) - **14** Sept **[BRKZ](https://millionrounds.com/company/brkz)** Series B · $31M *Led by* [500 Global](https://millionrounds.com/fund/500-startups) - **1** Sept **[ProducePay](https://millionrounds.com/company/producepay)** Venture · $140M *With* [500 Global](https://millionrounds.com/fund/500-startups) ## Stages This Year 78 rounds - Seed **28%** - Series A **17%** - Venture **14%** - Debt **10%** - Pre-seed **8%** - Other **23%** ## What They Backed Sectors, last 12 months - AI **30** - Fintech **12** - Financial Services **7** - Big Data & Analytics **4** - Construction **4** - Biotech **3** ## Cheques by Quarter Led Joined 49 Q1 25 40 Q2 25 43 Q3 25 37 Q4 25 33 Q1 26 22 Q2 26 12 Q3 26 7 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai) - [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech) - [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data) - [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech) - [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics) - [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction) - [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy) - [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai) - [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about solo angels backing IoT ### Who are the most active solo angels backing IoT? By cheques observed, the most active are 500 Global, Krishna Jha, David Adelman, Avijeet Alagathi and Jivesh Madan. ### How many solo angels backing IoT are there? 10 are on record. 80% made an investment in the last 12 months and 10% have led a round. ### Which stages do solo angels backing IoT back? Of the rounds with a named stage in the last 12 months, mostly Seed (36%) and Series A (21%). ### How big are the rounds solo angels backing IoT join? The typical (median) round among the leading investors here is $2.3M. ### Which sectors do solo angels backing IoT back most? In the last 12 months, mostly AI, Fintech and Financial Services. ### Where are solo angels backing IoT based? Among the most active, most are based in the United States (1). ### What have solo angels backing IoT invested in recently? Recent rounds include Nova Spectral AI (Seed, Oct 2026, with Avijeet Alagathi), Dapta (Seed, Oct 2026, with 500 Global) and erad (Series A, Sept 2026, with 500 Global). ### How is this list of solo angels backing IoT ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)