LB

Louis Beryl

North America, California, United States, San Francisco

Description

Louis Beryl is a highly accomplished entrepreneur and angel investor, known for his deep operational experience and strategic insights, particularly within the FinTech and software sectors. He is a three-time founder, most notably as the CEO of Earnest, a student loan refinancing platform that was acquired by Navient for $155 million in 2017. His entrepreneurial journey also includes founding SolidEnergy Systems. Beryl's background is further enriched by his tenure as a Partner at Andreessen Horowitz (a16z) and his participation in Y Combinator's Winter 2009 batch, providing him with a unique blend of founder, operator, and institutional investor perspectives.

As an active angel investor, Beryl primarily focuses on early-stage companies, typically at the Seed or Series A stage. His investment portfolio reflects a strong inclination towards FinTech, B2B SaaS, and marketplace businesses. He has backed an impressive roster of successful startups, including industry leaders like Ramp, Brex, Mercury, and Pipe. His involvement extends beyond capital, often taking on board roles and leveraging his extensive network and operational expertise to guide founders through critical growth phases.

Beryl's investment strategy is characterized by a hands-on approach, where he seeks to partner with ambitious founders building transformative companies. His experience scaling and exiting his own ventures, coupled with his insights from a top-tier venture capital firm, makes him a valuable resource for portfolio companies. While specific check sizes for individual angels can vary, Louis Beryl typically deploys first checks ranging from $100,000 to $500,000, aligning with his preference for impactful early-stage participation in high-potential ventures. He has invested in over 20 companies, demonstrating his consistent commitment to the startup ecosystem.

Investor Profile

Louis Beryl has backed more than 118 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 2% of its total and boasts 32 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, South Korea, Canada.
  • Strong thematic focus on Software, FinTech, Financial Services.
  • Led 1 rounds in the past year.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (68%)
  • Series A (10%)
  • Series Unknown (10%)
  • Pre Seed (4%)
  • Series B (3%)
  • Series C (3%)
  • Series E (1%)

Country Focus

  • United States (92%)
  • South Korea (2%)
  • Canada (2%)
  • United Kingdom (1%)
  • Australia (1%)
  • Spain (1%)
  • Hong Kong (1%)

Industry Focus

  • Software
  • Fintech
  • Financial Services
  • Saas
  • Information Technology
  • Mobile Apps
  • Apps
  • Mobile
  • Health Care
  • Enterprise Software
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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 Louis Beryl frequently co-invest with?

General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 7
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 8
Zillionize
North America, California, United States, Palo Alto
Co-Investments: 6
Four Cities Capital
North America, Massachusetts, United States, Newton
Co-Investments: 50
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 42
SV Angel
North America, California, United States, San Francisco
Co-Investments: 6
BoxGroup
North America, New York, United States, New York
Co-Investments: 5
CSC Upshot
North America, California, United States, Palo Alto
Co-Investments: 8
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 7

Which angels does Louis Beryl often collaborate with?

KM
North America, California, United States, San Francisco
Shared Deals: 3
PB
North America, California, United States, Mountain View
Shared Deals: 3
JB
North America, California, United States, San Francisco
Shared Deals: 3
JG
North America, California, United States, San Francisco
Shared Deals: 3
BF
North America, California, United States, San Francisco
Shared Deals: 5
LR
North America, United States
Shared Deals: 5
Dan Bragiel
North America, California, United States, San Francisco
Shared Deals: 3
MH
North America, California, United States, San Francisco
Shared Deals: 3
CH
North America, California, United States, San Francisco
Shared Deals: 3
AG
North America, California, United States, Stanford
Shared Deals: 3

What are some of recent deals done by Louis Beryl?

TokerBud, a cannabis website, is known for its exceptional products.

Cannabis
Series ANov 3, 2024
Amount Raised: $97,146
OnRamp

Boston, Massachusetts, United States

The customer onboarding and implementation software that automates busywork and enables white-glove customer success at scale.

B2BEnterprise SoftwareSaaSSoftware
Series AJul 18, 2024
Amount Raised: $14,200,000
Stelo Labs

San Francisco, California, United States

Stelo Labs is a web3 security firm.

App MarketingBlockchainPaymentsTransaction ProcessingWeb3
SeedFeb 16, 2023
Amount Raised: $6,000,000
Meez Culinary Solutions

New York, New York, United States

Meez Culinary Solutions is a SaaS company that transform recipe content including videos and pictures into an interactive database.

Information TechnologyRecipesSaaSSoftware
Series ANov 3, 2022
Amount Raised: $9,000,000
Cashmere

San Francisco, California, United States

Cashmere is provides crypto wallet for web3 startups that helps to securely manage the funds.

CryptocurrencyWeb3
SeedAug 8, 2022
Amount Raised: $3,000,000
Kona

Los Angeles, California, United States

The Techstars-backed startup, Kona, allows managers to get a pulse on team morale.

Artificial Intelligence (AI)Enterprise SoftwareSoftware
SeedJul 26, 2022
Amount Raised: $4,000,000
Pogo

New York, New York, United States

Pogo enables people to earn money by unlocking the power of their data.

ConsumerMobile Apps
SeedJul 26, 2022
Amount Raised: $12,300,000
Masa

San Francisco, California, United States

Masa is a developer of a decentralized data marketplace where users get compensated for their data contribution.

BlockchainData ManagementWeb3
Pre SeedMay 4, 2022
Amount Raised: $3,500,000
Sukha

San Francisco, California, United States

Sukha lets you work faster through your tasks by combining mindfulness techniques with simple task management.

AppsMobile AppsSoftware
SeedNov 18, 2021
Amount Raised: $3,900,000
Afterparty

Los Angeles, California, United States

Afterparty is a technology company that builds web3 platform for artists, musicians, collectors, and creators.

Content CreatorsCryptocurrencyInternetMetaverseWeb3
SeedNov 3, 2021
Amount Raised: $3,000,000