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, Valant and Shiftboard. As of May 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 Washington Research Foundation.
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 26 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: 336 as on Apr 30, 2026
- Investors: Harmony Venture Partners, Allen & Company and 25 Others
- Latest Funding Round: Series F, Jul 01, 2020, $*****
- Highlight: Editors' Pick
2. Valant
Provider of a SaaS-based EHR and practice management software for mental health providers. The platform provides support for patient care by assisting healthcare providers with patient EHR management and documentation. The tool provides features for remote monitoring, clinical note preparation, patient data management, and documentation tools for providers. Users are allowed to track documents, and more. The company has an inbuild dashboard system for e-billing, documentation, EHR management, and more.
Key facts about Valant
- Founded Year: 2005
- Location: Seattle (United States)
- Stage: Acquired
- Total Funding till date: $28.9M
- Employee Count: 136 as on Apr 30, 2026
- Investors: Gemspring Capital, TSVC and 5 Others
- Latest Funding Round: Series B, Apr 09, 2019, $*****
- Highlight: Acquired
3. Shiftboard
Cloud-based workforce shift scheduling software. It provides a dashboard for job scheduling, coordination, communication, reporting, etc. It allows users to view schedules, join teams, pick up shifts, get reminders, communicate with managers, track availability, etc. It is a tool available on the subscription based pricing model.
Key facts about Shiftboard
- Founded Year: 2002
- Location: Seattle (United States)
- Stage: Acquired
- Total Funding till date: $17.4M
- Employee Count: 34 as on Apr 30, 2026
- Investors: Arnold Venture Group, Espresso Capital and 5 Others
- Latest Funding Round: Convertible Debt, Mar 09, 2021, $*****
- Highlight: Acquired
4. 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 Apr 30, 2026
- Investors: For Good Ventures, Reform Ventures and 21 Others
- Latest Funding Round: Series A, Sep 16, 2024, $*****
- 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: 304 as on Apr 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 Consumer. Notably, it has invested in 74 Tech companies, 61 Enterprise (B2B) companies, 52 Software companies and at least 28 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 34 |
High Tech | 14 |
Life Sciences | 13 |
Vertical SaaS | 11 |
Consumer | 7 |
Others | 77 |
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 | 6134 | [+2] | |
Jun 04, 2025 | Canada | Seed | 6530 | [+2] | |
Jul 09, 2024 | United States | Unattributed | 1420 | [+4] | |
Mar 28, 2023 | United States | Seed | 3707 | [+2] | |
Sep 29, 2022 | United States | Convertible Debt | 2815 | [+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, 9 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 |
|---|---|---|---|---|---|---|---|
75 | P2P mobile listing platform for household goods | 2011 | Bellevue | Series F | gylykl{ |
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 | 5454 |
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 | 6024 | |
Feb 11, 2024 | Sep 28, 2015 | Seed | 6668 | |
Dec 04, 2023 | Nov 05, 2010 | Seed | 4606 | |
Jul 12, 2023 | Apr 24, 2013 | Seed | 4016 | |
Mar 16, 2023 | Jun 18, 2009 | Series A | 8413 |
Team profile of Alliance of Angels
Alliance of Angels has a team of 6 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 Washington Research Foundation (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 Voyager Capital (3 companies) and NIH (3 companies).
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