Oyster Angel Fund

Oyster Angel Fund is an early-stage seed fund primarily targeting companies within the vibrant technology ecosystems of Boston and New York. Founded by Jere Doyle, a highly experienced entrepreneur and investor, the fund leverages his extensive background in scaling successful businesses. Doyle previously served as the CEO of Constant Contact, leading the company through its initial public offering, and was also a Partner at Sigma Partners, a prominent venture capital firm. This deep operational and investment expertise forms the bedrock of Oyster Angel Fund's strategic approach.

The fund's investment thesis centers on identifying promising startups with strong founding teams and disruptive potential in their respective markets. While specific sector preferences are not explicitly stated, the portfolio indicates an interest in B2B software and cybersecurity solutions. Oyster Angel Fund aims to provide crucial early capital and strategic guidance to help its portfolio companies navigate the challenges of initial growth and market penetration. Its regional focus allows for close engagement with the local startup communities in two of the United States' leading innovation hubs.

Oyster Angel Fund's known investment activity includes participation in significant seed rounds for two notable companies. In 2015, the fund invested in Snyk, a developer-first security company, which successfully raised a $3 million seed round. Subsequently, in 2016, Oyster Angel Fund also contributed to the seed round of CloudZero, a cloud cost management platform, which secured an $8 million investment. These investments highlight the fund's willingness to participate in substantial early-stage funding rounds, supporting companies poised for significant scale. While the fund participates in these rounds, specific typical check sizes for Oyster Angel Fund itself are not publicly disclosed.