About Houston Angel Network
Houston Angel Network, established in 2001, is an angel investment group based in Houston, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 61 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Joylux, Spruce and Molecule. As of Jul 2026, Houston Angel Network has witnessed 12 portfolio exits. Its latest investment was a $3M Series A round in Prana Thoracic on Jun 12, 2024, which also saw participation from cultivate(MD) and GenHenn Capital.
To date, 35 investors have co-invested in Houston Angel Network's portfolio companies, including prominent names like Texas Halo Fund.
Key Metrics
Founded Year
2001
Location
Houston, United States
Sectors of Investment
Stages of Investment
Seed, Series A & 4 more
Locations of Investment
Houston Angel Network's List of Top Investments
Houston Angel Network has a portfolio of 61 companies. Their most notable investments are in Boomerang's Pies and MolecularMatch.Their portfolio spans across United States, Australia, Luxembourg and 1 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 20 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Houston Angel Network:1. 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 May 31, 2026
- Investors: J-Ventures, Sofia Fund and 21 Others
- Latest Funding Round: Series A, Sep 16, 2024, $*****
- Highlight: Editors' Pick
2. Spruce
Online marketplace to book on-demand local services. It enables users to list service requirements & hire available registered and background-checked professionals. Services listed over the platform include housekeeping, cleaning, pet care, laundry, and dry cleaning. Its mobile app is available for Android and iOS devices.
Key facts about Spruce
- Founded Year: 2015
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $40M
- Employee Count: 102 as on May 31, 2026
- Investors: SoftBank, Raven One Ventures and 10 Others
- Latest Funding Round: Series B, Jul 19, 2022, $*****
- Highlight: Editors' Pick
3. Molecule
Molecule provides a SaaS-based platform for commodity trading. It calculates position and risk for companies that trade commodity futures, forwards, options, and swaps. It supports electricity, natural gas, crude oil, NGLs, and many other commodities worldwide. Molecule downloads trades from exchanges, automatically brings in market data from Morningstar, and computes companies' daily or real-time analyses instantly.
Key facts about Molecule
- Founded Year: 2012
- Location: Houston (United States)
- Stage: Series B
- Total Funding till date: $26.2M
- Employee Count: 48 as on May 31, 2026
- Investors: Mercury Fund, Surge Ventures and 2 Others
- Latest Funding Round: Series B, Jul 14, 2025, $*****
- Highlight: Editors' Pick
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Materna Medical provides a device for women’s pelvic health. It develops devices Milli, a vaginal and pelvic floor dilator, and Materna Prep, to reduce maternal childbirth-related injuries, like perineal lacerations, during vaginal delivery.
Key facts about Materna Medical
- Founded Year: 2010
- Location: Mountain View (United States)
- Stage: Series B
- Total Funding till date: $62.7M
- Employee Count: 34 as on May 31, 2026
- Investors: InnovaHealth Partners, Wavemaker 360 and 17 Others
- Latest Funding Round: Series B, Jul 01, 2026, $*****
- Highlight: Editors' Pick
Developer of in-vitro diagnostic test for the detection of debilitating diseases across oncology and chronic kidney disease. The company offers PanCystPro uses a proprietary platform to detect biomarker levels and activity in minute volumes of pancreatic cyst fluid for patients at higher risk for pancreatic cancer diagnosed with pancreatic cystic lesions.
Key facts about Amplified Sciences
- Founded Year: 2016
- Location: West Lafayette (United States)
- Stage: Seed
- Total Funding till date: $8.62M
- Employee Count: 13 as on May 31, 2026
- Investors: IU Ventures, OCA Ventures and 16 Others
- Latest Funding Round: Seed, Jun 04, 2026, $*****
- Highlight: Editors' Pick
Houston Angel Network's Year-on-Year Investment Trends
Houston Angel Network has invested in 61 companies over the last 21 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Prana Thoracic and most recent follow-on round was in Materna Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 1 | 2 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 2 | 3 |
2020 | 3 | 0 | 3 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Houston Angel Network's Investments by Stage
Houston Angel Network has made 19 investments in Seed stage with an average round size of $1.08M, 8 investments in Series A stage with an average round size of $2.26M and 7 investments in Angel stage with an average round size of $324K.Stage of entry | No. of Investments |
|---|---|
Seed | 19 |
Series A | 8 |
Angel | 7 |
Grant (prize money) | 4 |
Unattributed | 3 |
Others | 1 |
Note: We have considered here, only first round of investments
Houston Angel Network's Investments by Sector
Houston Angel Network has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, High Tech, Life Sciences and HealthTech. Notably, it has invested in 50 Tech companies, 46 Enterprise (B2B) companies, 29 Software companies and at least 20 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 22 |
Vertical SaaS | 8 |
High Tech | 7 |
Life Sciences | 7 |
HealthTech | 6 |
Others | 45 |
Note: We have considered here, only first round of investments
Houston Angel Network's Investments by Geography
Houston Angel Network has made most investments in United States (39), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 39 |
Australia | 1 |
Luxembourg | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Houston Angel Network's recent investments
Houston Angel Network has not made any investment in 2026 so far.Here are the most recent investments by Houston Angel Network:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 12, 2024 | United States | Series A | 4576 | [+5] | |
May 06, 2024 | United States | Series B | 8894 | ||
Oct 28, 2021 | United States | Grant (prize money) | 6644 | ||
Aug 25, 2021 | United States | Seed | 9565 | [+6] | |
Apr 09, 2021 | United States | Series A | 7364 | [+8] |
Acquired companies in Houston Angel Network's Portfolio
12 companies from Houston Angel Network's portfolio have been acquired. The most recent acquisition was HUVRdata in Jan 2026 by Technical Toolboxes for $*****.Here are Houston Angel Network's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 28, 2026 | Aug 11, 2015 | Seed | 6988 | |
Apr 01, 2023 | Mar 2017 | Seed | 1461 | |
Jan 13, 2020 | - | - | 6964 | |
Sep 11, 2019 | - | - | 3026 | |
Jan 22, 2018 | Jul 28, 2009 | Seed | 8479 |
Co-investors of Houston Angel Network
Over the past 21 years, 118 investors have co-invested in Houston Angel Network's portfolio companies. This includes funds and angels.
- Invested before Houston Angel Network: Surge Ventures, Texas Halo Fund and 19 others have invested in rounds before Houston Angel Network. There are 2 companies where Surge Ventures has invested before Houston Angel Network and 2 companies where Texas Halo Fund has invested before Houston Angel Network.
- Top Co-investors of Houston Angel Network: 35 investors entered a company along with Houston Angel Network. These include investors like Texas Halo Fund (4 companies).
- Invested after Houston Angel Network: A total of 62 investors have invested in Houston Angel Network's portfolio after their investments. Top Investors include HHS (2 companies) and Wild Basin Investments (2 companies).
Recent News related to Houston Angel Network
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Prana Thoracic to Accelerate Product Development With $3 Million in Series A FundingMedical Product Outsourcing•Sep 05, 2024•Prana Thoracic, GenHenn Capital, New World Angels, Johnson & Johnson and 2 others
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Materna Medical Collects $20 Million in Series B2 FinancingMedical Product Outsourcing•Jun 26, 2024•Materna Medical, InnovaHealth Partners, Wavemaker 360, Womens VC Fund II and 3 others
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Pelvic Health Company Materna Medical Secures $20M in Series B2 Financing RoundFemtech Insider•May 29, 2024•Golden Seeds, Materna Medical, InnovaHealth Partners, Wavemaker 360 and 4 others
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Materna Medical Completes First Close of Series B2 Financing RoundBusiness Wire•May 24, 2024•Materna Medical, InnovaHealth Partners, Kimera Capital, Womens VC Fund II and 5 others
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Amplified Sciences Raises $1m In Seed FundingInside INdiana Business•Apr 24, 2020•, Gravity Ventures, Elevate Ventures, IU Ventures and 4 others
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Austin-based startup Your Fare bags $2.4M funding to provide online ordering management solution for restaurantsTechStartups.com•Feb 13, 2020•Your Fare, Band of Angels, Houston Angel Network, Capital Factory and 2 others
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Spruce Closes $3 Million in Venture FundingPR Newswire•Jul 17, 2019•Spruce, Fitz Gate Ventures, Mercury Fund, Capital Factory and 1 other
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Assistant Coach – Houston Angel Network : Most Active Network in USHouston Angel Network•Oct 10, 2017•ACS Athletics, Houston Angel Network
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CTAN, Houston Angel Network Two Most Active Angel GroupsTexasTechPulse•May 01, 2017•Houston Angel Network, Central Texas Angel Network
