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Empire Angels

North America, New York, United States, New York

Description

Empire Angels is a prominent New York City-based angel group and seed fund, established in 2012. Composed of young professionals, the group actively invests in early-stage ventures across a diverse range of industries. Their unique member-led structure allows for a collaborative approach to due diligence and portfolio support, leveraging the collective expertise of their extensive network to identify and nurture promising startups.

The group primarily focuses on Seed and Pre-Seed stage companies, aiming to provide crucial early capital that helps founders achieve key milestones. While their initial check sizes typically range from $50,000 to $500,000, Empire Angels often participates in larger syndicated rounds, demonstrating flexibility in their investment approach. Beyond capital, they emphasize providing strategic guidance and connecting portfolio companies with valuable resources within their ecosystem.

Since its inception, Empire Angels has built a robust portfolio, having made over 100 investments in various innovative companies. A testament to their selection process and the quality of their portfolio, their companies have collectively gone on to raise over $1 billion in follow-on funding from leading venture capital firms. This track record underscores Empire Angels' role as a significant early-stage investor in the U.S. startup landscape, particularly within the vibrant New York tech scene.

Investor Profile

Empire Angels has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 6% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, India.
  • Strong thematic focus on E-Commerce, Analytics, Automotive.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (34%)
  • Series A (19%)
  • Series B (13%)
  • Angel (13%)
  • Debt Financing (6%)
  • Convertible Note (6%)
  • Series C (3%)
  • Grant (3%)
  • Series Unknown (3%)

Country Focus

  • United States (81%)
  • India (19%)

Industry Focus

  • E-commerce
  • Analytics
  • Automotive
  • Software
  • Rental
  • Transportation
  • Saas
  • Mobile
  • Internet Of Things
  • Commercial Real Estate
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Empire Angels frequently co-invest with?

Max Ventures
North America, New York, United States, New York
Co-Investments: 3
VentureSouq
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 2
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Wellington Management
North America, Massachusetts, United States, Boston
Co-Investments: 2
DOT Capital
North America, New York, United States, New York
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 2
OurCrowd
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 3
NGP Capital
North America, California, United States, Palo Alto
Co-Investments: 3
RV
North America, New York, United States, New York
Co-Investments: 3
New York Angels
North America, New York, United States, New York
Co-Investments: 2

Which angels does Empire Angels often collaborate with?

HW
North America, New York, United States, New York
Shared Deals: 1
BC
North America, New York, United States, New York
Shared Deals: 1
Pranav Pai
Asia, Karnataka, India, Bangalore
Shared Deals: 1
David Pottruck
North America, California, United States, San Francisco
Shared Deals: 1
Rick Segal
North America, Ontario, Canada, Toronto
Shared Deals: 1
MD
North America, New York, United States, New York
Shared Deals: 1
GH
North America, Massachusetts, United States, Boston
Shared Deals: 1
LB
Europe, England, United Kingdom, London
Shared Deals: 2
Mohandas Pai
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
AJ
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Empire Angels?

Enertiv

New York, New York, United States

Enertiv transforms building data into asset value for commercial real estate portfolios.

AnalyticsCommercial Real EstateInternet of ThingsPropTechReal EstateSaaSSoftware
GrantApr 8, 2021
Popsy

New York, New York, United States

Popsy is the next generation of classifieds where you can Buy & Sell locally. It’s 100% Free, Easy and Fast!

Artificial Intelligence (AI)ClassifiedsE-CommerceMachine LearningMarketplaceMobileMobile Apps
AngelOct 1, 2020
Superpedestrian

Cambridge, Massachusetts, United States

Superpedestrian is a venture-backed robotics company that develops lightweight electric vehicles with integrated online platforms.

AutomotiveAutonomous VehiclesConsumerElectric VehicleRobotics
Series CNov 20, 2019
Amount Raised: $20,000,000
Zoomcar

Bangalore, Karnataka, India

Zoomcar is a marketplace for car sharing in emerging markets across India, Southeast Asia, and Egypt.

AutomotiveE-CommerceRentalTransportation
Debt FinancingAug 3, 2018
Amount Raised: $3,600,000
Weven

Boston, Massachusetts, United States

Weven operates an online venue catalog and booking platform to discover non-traditional wedding venues.

Event ManagementOnline PortalsSaaSWedding
AngelJul 3, 2018
Amount Raised: $450,000
Fundation

Reston, Virginia, United States

Fundation enables SMBs access to capital through our bank partners & our own balance sheet. We partner to offer embedded credit.

FinanceFinancial ServicesFinTechLendingSoftware
Debt FinancingMay 17, 2018
Amount Raised: $120,000,000
Orionis Biosciences

Boston, Massachusetts, United States

Orionis Biosciences operates in the healthcare industry focusing on biotechnology business & innovation.

BiotechnologyHealth CareHealth DiagnosticsMedical
Series BApr 30, 2018
Amount Raised: $19,717,454
Mirow

New York, New York, United States

Smart mirrors for fashion retail that transform shopping experience, improve quality of service, increase revenue and provide unique data.

FashionHardwareMachine LearningPaaSSoftware
Convertible NoteJan 15, 2018
Amount Raised: $790,000
Farmer Willie's Alcoholic Ginger Beer

Pawtucket, Rhode Island, United States

Farmer Willie's Alcoholic Ginger Beer based on the secret, homemade recipe of Farmer Willie Fenichel.

Food and Beverage
Series ADec 15, 2017
Enertiv

New York, New York, United States

Enertiv transforms building data into asset value for commercial real estate portfolios.

AnalyticsCommercial Real EstateInternet of ThingsPropTechReal EstateSaaSSoftware
SeedApr 17, 2017