About Alliance of Angels
Alliance of Angels, established in 1997, is an angel investment group based in Seattle, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 83 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like OfferUp, Joylux and Hemex Health. As of Oct 2026, Alliance of Angels has 1 unicorn under its belt and has witnessed 28 portfolio exits. Its latest investment was a Undisclosed Seed round in Get Count on Aug 01, 2025, which also saw participation from Morgan Stanley and Data Tech Fund.
To date, 127 investors have co-invested in Alliance of Angels's portfolio companies, including prominent names like Keiretsu Forum.
Key Metrics
Founded Year
1997
Location
Seattle, United States
Sectors of Investment
Stages of Investment
Seed, Series A & 5 more
Locations of Investment
Unicorn in Portfolio
Alliance of Angels' List of Top Investments
Alliance of Angels has a portfolio of 83 companies, one of which is a Unicorn. Their most notable investments are in Escapia and CollegeMapper.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, High Tech, Life Sciences and 25 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Alliance of Angels:
1. OfferUp
OfferUp is a peer-to-peer mobile listing platform for users to buy and sell used items locally. The app has an inbuilt messaging platform that lets buyers and sellers communicate before making the transaction offline. Both buyers and sellers are required to provide information, such as their driver’s licenses to ensure safe transactions. As of Sept. 2016, the company was experimenting with monetization models such as charging sellers for premium listings. The company was valued at more than $1billion in Sept. 2016.
Key facts about OfferUp
- Founded Year: 2011
- Location: Bellevue (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $786M
- Employee Count: 340 as on Sep 30, 2026
- Investors: Allen & Company, Harmony Venture Partners and 24 Others
- Latest Funding Round: Series F, Jul 01, 2020, $*****
- Highlight: Editors' Pick
2. Joylux
Internet first brand offering multi-category beauty products. The company offers intimate health devices, serum, gel, wipes, travel bags, skin rejuvenate lamps, etc. The company offers an intimate care device that includes low-level light, gentle heat, and sonic technology that enhances blood flow.
Key facts about Joylux
- Founded Year: 2014
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $33M
- Employee Count: 20 as on Aug 31, 2026
- Investors: For Good Ventures, J-Ventures and 22 Others
- Latest Funding Round: Series A, Sep 16, 2024, $*****
- Highlight: Editors' Pick
3. Hemex Health
Portable diagnostic devices empowering healthcare frontlines with affordable, accurate testing. They break traditional barriers with an innovative diagnostic system that expands the potential of diagnostics for important conditions, making accurate tests accessible to new locations and new populations. They design diagnostic technologies for the real world by listening to the needs of healthcare providers including those in some of the most remote and challenging settings. Their initial tests include sickle cell disease, beta thalassemia, and ferritin. They offer a miniaturized version of the gold standard test known as cellulose acetate electrophoresis. Results are displayed quickly and can be stored locally or transmitted to the Cloud for patient and disease tracking. They are focused on point-of-care diagnostics, portable diagnostics, and affordable healthcare solutions. They are working towards social impact by enabling early diagnosis and disease tracking.
Key facts about Hemex Health
- Founded Year: 2016
- Location: Portland (United States)
- Stage: Series A
- Total Funding till date: $6.24M
- Employee Count: 33 as on Jun 30, 2025
- Investors: Alliance of Angels, Springboard Enterprises and 18 Others
- Latest Funding Round: Grant (prize money), Sep 16, 2024, $*****
4. Bigleaf
SD WAN optimization and redundancy service for the network. It provides WAN management solutions for networks with a protocol similar to BGP. The solution includes in depth monitoring and load balancing that adapts to changing Internet performance.
Key facts about Bigleaf
- Founded Year: 2012
- Location: Beaverton (United States)
- Stage: Series B
- Total Funding till date: $38.2M
- Employee Count: 66 as on Sep 30, 2026
- Investors: Alliance of Angels, Updata and 6 Others
- Latest Funding Round: Series B, Oct 10, 2023, $*****
- Highlight: Editors' Pick
5. Discuss.IO
Discuss.IO offers a DIY tool that enables businesses and agencies to gain quick and simple feedback, directly, from target customers using webcams. Uses a proprietary Rapid Recruiter engine which matches marketers and researchers with over 10M potential panelists who can participate in real-time webcam interviews. Users can specify the target demographic and also screen for a target customer through asking custom questions. Global FMCG giants like Unilever use this platform to test ads around the world within 48 hours of creating them to get feedback and quickly iterate new designs based on that feedback.
Key facts about Discuss.IO
- Founded Year: 2012
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $7.69M
- Employee Count: 301 as on Sep 30, 2026
- Investors: Pereg Ventures, Unilever Ventures and 2 Others
- Latest Funding Round: Series A, May 23, 2017, $*****
- Highlight: Editors' Pick
Alliance of Angels' Year-on-Year Investment Trends
Alliance of Angels has invested in 83 companies over the last 20 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Get Count and most recent follow-on round was in Vega.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 4 | 1 | 5 |
2021 | 5 | 1 | 6 |
2020 | 0 | 1 | 1 |
2019 | 4 | 0 | 4 |
2018 | 1 | 0 | 1 |
2017 | 11 | 4 | 15 |
Alliance of Angels' Investments by Stage
Alliance of Angels has made 43 investments in Seed stage with an average round size of $1.9M, 23 investments in Series A stage with an average round size of $3.29M and 3 investments in Angel stage with an average round size of $1.17M.Stage of entry | No. of Investments |
|---|---|
Seed | 43 |
Series A | 23 |
Angel | 3 |
Unattributed | 3 |
Conventional Debt | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Alliance of Angels' Investments by Sector
Alliance of Angels has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, Vertical SaaS and HealthTech. Notably, it has invested in 75 Tech companies, 61 Enterprise (B2B) companies, 53 Software companies and at least 29 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 34 |
High Tech | 14 |
Life Sciences | 13 |
Vertical SaaS | 10 |
HealthTech | 8 |
Others | 72 |
Note: We have considered here, only first round of investments
Alliance of Angels' Investments by Geography
Alliance of Angels has made most investments in United States (71), followed by Canada where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 71 |
Canada | 4 |
Note: We have considered here, only first round of investments
Alliance of Angels' recent investments
Alliance of Angels has not made any investment in 2026 so far.Here are the most recent investments by Alliance of Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 01, 2025 | United States | Seed | 6457 | [+2] | |
Jun 04, 2025 | Canada | Seed | 3317 | [+2] | |
Jul 09, 2024 | United States | Unattributed | 8932 | [+4] | |
Mar 28, 2023 | United States | Seed | 7423 | [+2] | |
Sep 29, 2022 | United States | Convertible Debt | 8500 | [+7] |
Unicorns in Alliance of Angels' Portfolio
Alliance of Angels has 1 unicorn in its portfolio - OfferUp. The most recent unicorn in their portfolio is OfferUp which became a unicorn in 2016, 10 years before Alliance of Angels first invested in it.Here is a list of unicorns in Alliance of Angels' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | P2P mobile listing platform for household goods | 2011 | Bellevue | Series F | wv{cesi |
IPOs and Publicly Listed companies in Alliance of Angels' Portfolio
1 of Alliance of Angels' portfolio company became public - Impel NeuroPharma. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2021 at marketcap of $291MHere are Alliance of Angels' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 23, 2021 | Oct 21, 2011 | Series A | 7668 |
Acquired companies in Alliance of Angels' Portfolio
27 companies from Alliance of Angels' portfolio have been acquired. The most recent acquisition was Shiftboard in Jun 2025 by UKG for $*****.Here are Alliance of Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 02, 2025 | Apr 16, 2010 | Seed | 4465 | |
Feb 11, 2024 | Sep 28, 2015 | Seed | 3986 | |
Dec 04, 2023 | Nov 05, 2010 | Seed | 5043 | |
Jul 12, 2023 | Apr 24, 2013 | Seed | 8468 | |
Mar 16, 2023 | Jun 18, 2009 | Series A | 6447 |
Team profile of Alliance of Angels
Alliance of Angels has a team of 14 members located in United States. Alliance of Angels' team does not sit on the board of any company as of now.Co-investors of Alliance of Angels
Over the past 20 years, 280 investors have co-invested in Alliance of Angels's portfolio companies. This includes funds and angels.
- Invested before Alliance of Angels: Techstars, Golden Seeds and 39 others have invested in rounds before Alliance of Angels. There are 5 companies where Techstars has invested before Alliance of Angels and 2 companies where Golden Seeds has invested before Alliance of Angels.
- Top Co-investors of Alliance of Angels: 127 investors entered a company along with Alliance of Angels. These include investors like Keiretsu Forum (4 companies).
- Invested after Alliance of Angels: A total of 112 investors have invested in Alliance of Angels's portfolio after their investments. Top Investors include NIH (3 companies) and Voyager Capital (3 companies).
Recent News related to Alliance of Angels
•
Alliance of Angels raising new fund to back more startups in Seattle and beyondGeekWire•Mar 06, 2024•Alliance of Angels
•
Workplace training content provider Media Partners rebrands as Atana and raises $6MGeekWire•Oct 31, 2023•Alliance of Angels, Media Partners
•
•
Puget Sound Venture Club, Seattle’s oldest angel group, merges with Alliance of AngelsGeekWire•Sep 21, 2023•Puget Sound Venture Club, Alliance of Angels
•
Payscore Closes Financing RoundFinSMEs•Mar 07, 2023•Payscore, ff Venture Capital, SeaChange, Hamilton Ventures and 1 other
•
Seattle outdoor sleeping gear maker Hest is raising more cash — and not resting on its successGeekWire•Nov 10, 2022•Hest, Evolutionprojects, ASCEND, Alliance of Angels and 1 other
•
Vega Cloud Raises $9 Million to Automate Cloud OptimizationGlobeNewswire•Sep 29, 2022•Vega, Album VC, Sun Mountain Capital, Kickstart Ventures and 7 others
•
Seattle startup that sells air purification tech powered by ultraviolet light raises $2.3MGeekWire•Aug 02, 2022•Violett, Tacoma Venture Fund, Pack Ventures, SWAN Venture Fund and 2 others
•
Nigerian at-home lab testing platform Healthtracka gets $1.5M, backed by female VCsTechCrunch+•Jun 21, 2022•Healthtracka, Ingressive Capital, Hustle Fund, Alliance of Angels and 2 others
•
Indicio lands $3.5M to help companies verify digital credentials using blockchain techGeekWire•Apr 26, 2022•Indicio, Hard Yaka, Alliance of Angels, 37 Angels and 5 others