About Pasadena Angels
Pasadena Angels, established in 2000, is an angel investment group based in Altadena, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 110 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Mindbody, Open English and Morgan Stanley. As of Sep 2026, Pasadena Angels has witnessed 23 portfolio exits. Its latest investment was a Undisclosed Series A round in Delta Development Team on Aug 04, 2025, which also saw participation from Central Texas Angel Network and Desert Angels.
To date, 57 investors have co-invested in Pasadena Angels's portfolio companies, including prominent names like Tech Coast Angels.
Key Metrics
Founded Year
2000
Location
Altadena, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 6 more
Locations of Investment
Pasadena Angels' List of Top Investments
Pasadena Angels has a portfolio of 110 companies. Their most notable investments are in Gridtest Systems and Seatrec.Their portfolio spans across United States, Canada and Germany. They have invested in Enterprise Applications, High Tech, Life Sciences and 25 other sectors, across stages such as Seed, Series A and 6 more. Here is the list of top investments by Pasadena Angels:_1589535231965.jpg?format=webp&height=120&width=120){kind=logo}
1. Mindbody
Provider of SaaS-driven business management software for beauty salons and fitness centers. It enables businesses to manage classes, appointment schedules, staff members, client information, online bookings, inventory, payroll, retail sales & more. It also provides a platform for users to book workouts at home via the virtual assistant.
Key facts about Mindbody
- Founded Year: 2001
- Location: San Luis Obispo (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 1,417 as on Aug 31, 2026
- Investors: TDM Growth Partners, Golub Growth and 13 Others
- Latest Funding Round: Series D, Mar 18, 2019, $*****
- Highlight: Acquired
2. Open English
Online English learning platform providing live classes and AI-powered tutoring. It offers accessible and effective English education through live, online classes with native-speaking teachers. The platform caters to adults, children, and businesses, providing customized courses to meet diverse learning needs. The curriculum includes general English, professional English, and test preparation for exams like TOEFL, TOEIC, and IELTS. Features include unlimited live classes, personalized learning paths, AI-powered tutoring, a pronunciation tool, and a supportive online community. The platform aims to break down language barriers, enhance global communication, and empower individuals and organizations through English proficiency. It is a B2C and B2B business model, offering subscription-based access to its online learning resources.
Key facts about Open English
- Founded Year: 2006
- Location: Miami (United States)
- Stage: Series D
- Total Funding till date: $121M
- Employee Count: 73 as on Jul 31, 2026
- Investors: Redpoint Ventures, TCV and 9 Others
- Latest Funding Round: Series D, Jun 24, 2026, $*****
- Highlight: Editors' Pick
Provider of wealth management, investment banking, sales, trading, and research services. It offers expertise in market analysis, advisory, and capital-raising services for institutions and governments. It delivers investment strategies across public and private markets. It also provides workplace financial solutions, sustainable investing options, and access to capital for entrepreneurs.
Key facts about Morgan Stanley
- Founded Year: 1935
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 102,502 as on Aug 31, 2026
- Investors: Sagard, IFC Asset Management Company and 3 Others
- Highlight: Public
4. EV Connect
Platform for electric vehicle charging management. It helps users access and operate charging stations through structured digital tools. The platform supports monitoring activity, handling sessions, and managing related services in one space. It offers an online environment where charging needs can be organized with clarity.
Key facts about EV Connect
- Founded Year: 2009
- Location: El Segundo (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $49.9M
- Employee Count: 77 as on Aug 31, 2026
- Investors: Ecosystem Integrity Fund, California Energy Commission and 22 Others
- Latest Funding Round: Conventional Debt, Dec 07, 2021, $*****
- Highlight: Acquired
5. CloudBeds
Provider of a platform for hospitality operations, distribution, and marketing. The platform offers property management, payment processing, and channel management. It also provides tools for guest communication, digital check-in, and revenue intelligence. The platform integrates with various partners and offers customer support resources.
Key facts about CloudBeds
- Founded Year: 2012
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $253M
- Employee Count: 783 as on Aug 31, 2026
- Investors: Pittco, SoftBank Vision Fund and 17 Others
- Latest Funding Round: Series D, Nov 03, 2021, $*****
- Highlight: Editors' Pick
Pasadena Angels' Year-on-Year Investment Trends
Pasadena Angels has invested in 110 companies over the last 22 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Delta Development Team and most recent follow-on round was in Seatrec.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 2 | 0 | 2 |
2020 | 3 | 1 | 4 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
2017 | 4 | 0 | 4 |
Pasadena Angels' Investments by Stage
Pasadena Angels has made 21 investments in Seed stage with an average round size of $1.77M, 11 investments in Series A stage with an average round size of $1.97M and 3 investments in Series B stage with an average round size of $4.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 21 |
Series A | 11 |
Series B | 3 |
Angel | 1 |
Conventional Debt | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Pasadena Angels' Investments by Sector
Pasadena Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Life Sciences and HealthTech. Notably, it has invested in 87 Tech companies, 80 Enterprise (B2B) companies, 53 Software companies and at least 29 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Consumer | 10 |
High Tech | 10 |
Life Sciences | 7 |
HealthTech | 6 |
Others | 48 |
Note: We have considered here, only first round of investments
Pasadena Angels' Investments by Geography
Pasadena Angels has made most investments in United States (40).Pasadena Angels' recent investments
Pasadena Angels has not made any investment in 2026 so far.Here are the most recent investments by Pasadena Angels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2025 | United States | Series A | 3124 | ||
Mar 07, 2023 | United States | Seed | 1097 | [+3] | |
Mar 12, 2022 | United States | Seed | 3339 | [+2] | |
May 24, 2021 | United States | Seed | 2779 | [+2] | |
Apr 22, 2021 | United States | Seed | 6595 |
IPOs and Publicly Listed companies in Pasadena Angels' Portfolio
2 of Pasadena Angels' portfolio companies have become public. CARLSMED got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2025 at marketcap of $398M and Morgan Stanley got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Pasadena Angels' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 23, 2025 | - | - | 3524 | |
Mar 21, 1986 | - | - | 8869 |
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Acquired companies in Pasadena Angels' Portfolio
21 companies from Pasadena Angels' portfolio have been acquired. The most recent acquisition was Inovativ in Apr 2026 by ProClip for $*****.Here are Pasadena Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 17, 2026 | - | - | 7549 | |
Mar 31, 2026 | - | - | 9015 | |
Jul 31, 2024 | - | - | 5670 | |
Feb 11, 2024 | - | - | 4614 | |
Oct 30, 2023 | - | - | 9369 |
Team profile of Pasadena Angels
Pasadena Angels has a team of 2 members located in United States. Pasadena Angels' team does not sit on the board of any company as of now.Co-investors of Pasadena Angels
Over the past 22 years, 130 investors have co-invested in Pasadena Angels's portfolio companies. This includes funds and angels.
- Invested before Pasadena Angels: HHS, Youweiwei Intelligent Technology and 13 others have invested in rounds before Pasadena Angels. There are 2 companies where HHS has invested before Pasadena Angels and 1 company where Youweiwei Intelligent Technology has invested before Pasadena Angels.
- Top Co-investors of Pasadena Angels: 57 investors entered a company along with Pasadena Angels. These include investors like Tech Coast Angels (23 companies).
- Invested after Pasadena Angels: A total of 58 investors have invested in Pasadena Angels's portfolio after their investments. Top Investors include Tech Coast Angels (2 companies) and Montage Capital (1 company).
Recent News related to Pasadena Angels
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Delta Development Team Closes Series A3 FundingFinSMEs•Aug 04, 2025•Delta Development Team, Baylor Angel Network, Air Force, Central Texas Angel Network and 3 others
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Essenvia Raises $4M in Pre-Series A RoundFinSMEs•May 03, 2023•Essenvia, Benhamou Global Ventures, First Rays Venture Partners, Rebright Partners and 2 others
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HearHere raises $3.2M to scale its immersive storytelling road-trip appTechCrunch+•Feb 28, 2022•Autio, Camping World, Pasadena Angels, HearHere and 1 other
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EventHub Closes Pre-Seed Round to Revolutionize Event SponsorshipMarTech Series•Apr 22, 2021•Event Hub, Pasadena Angels, Emerging Ventures, Accellius Capital
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Spine Align Raises $1.75M Series Seed Round to Reach FDA ClearancePR Newswire•Sep 14, 2020•Spine Align, Rockies Venture Club, Berkeley Angel Network, NOLA Angel Network and 4 others
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No/la Angel Network Invests $1.75 Million In Spine AlignSilicon Bayou•Aug 07, 2020•NOLA Angel Network, Berkeley Angel Network, Bellingham Angel Investors, SpineAlign and 3 others
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Capillary Biomedical Closes $2.9 Million Series Seed Financing for Commercialization of Novel Insulin Infusion TechnologyBusiness Wire•Aug 14, 2018•Capillary Biomedical, Cove Fund, Angel Groups, Tech Coast Angels and 4 others
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