About Tech Coast Angels
Tech Coast Angels, established in 1997, is an angel investment group based in Los Angeles, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 284 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Procore, Mindbody and Green Dot. As of Apr 2026, Tech Coast Angels has 1 unicorn under its belt and has witnessed 74 portfolio exits. Its latest investment was a Undisclosed Seed round in Gift Pack on Sep 21, 2023, which also saw participation from Accelerating Asia and Digital Garage.
To date, 176 investors have co-invested in Tech Coast Angels's portfolio companies, including prominent names like Pasadena Angels.
Key Metrics
Founded Year
1997
Location
Los Angeles, United States
Sectors of Investment
Stages of Investment
Seed, Series A & 8 more
Locations of Investment
Unicorn in Portfolio
Tech Coast Angels' List of Top Investments
Tech Coast Angels has a portfolio of 284 companies, one of which is a Unicorn. Their most notable investments are in Arima Genomics and YouMail.Their portfolio spans across United States, India, Italy and 1 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 33 other sectors, across stages such as Seed, Series A and 8 more. Here is the list of top investments by Tech Coast Angels:
1. Procore
SaaS-driven project management software for construction professionals. The platform offers features like document management, project management, bid management, tender management, field productivity management, design coordination, accounting integration, invoice management, portfolio management, and more.
Key facts about Procore
- Founded Year: 2003
- Location: Carpinteria (United States)
- Annual Revenue: $1.15B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $406M
- Employee Count: 4,725 as on Mar 31, 2026
- Investors: HTIF, equitywestsecurities.com and 26 Others
- Latest Funding Round: Series I, Apr 30, 2020, $*****
- Highlight: Public
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2. 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: $183M as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 1,453 as on Mar 31, 2026
- Investors: TDM Growth Partners, IVP and 13 Others
- Latest Funding Round: Series D, Mar 18, 2019, $*****
- Highlight: Acquired
3. Green Dot
Provider of mobile banking services, debit cards, and related financial products. The company offers accounts with features such as early direct deposit, overdraft protection, and cash back rewards. It provides mobile check cashing, online bill payment, and tools for managing finances. The company also offers solutions for tax refunds and earned wage access.
Key facts about Green Dot
- Founded Year: 1999
- Location: Pasadena (United States)
- Annual Revenue: $1.72B as on Dec 31, 2024
- Stage: Acquired
- Total Funding till date: $109M
- Employee Count: 1,612 as on Feb 28, 2026
- Investors: TCV, Millennium Technology Value Partners and 6 Others
- Latest Funding Round: Conventional Debt, Sep 06, 2024, $*****
- Highlight: Acquired
4. TrueCar
Online new and used cars listing platform. It provides car pricing and information for new or used car buyers and dealers. It offers used cars through a chain of self-certified dealers. It also provides tools such as a price and sales analyzer. Their app is available for Android and iOS devices.
Key facts about TrueCar
- Founded Year: 2005
- Location: Santa Monica (United States)
- Annual Revenue: $176M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $270M
- Employee Count: 407 as on Mar 31, 2026
- Investors: Archer Venture Capital, Allen & Company and 22 Others
- Latest Funding Round: Post IPO, Nov 15, 2022, $*****
- Highlight: Acquired
5. Mercato
Online grocery delivery connecting customers with local, independent grocers. It is a platform that partners with local and culturally diverse grocers to make healthy, nutritious, and culturally relevant foods more accessible to communities. It provides independent merchants with online shopping and local delivery, bringing more business to the shops. It offers a wide selection of products, including seasonal produce, hand-cut meats, seafood, international specialties, pantry staples, bakery items, specialty beverages, artisanal cheeses, spices, seasonings, and catered meals. Customers can shop from multiple stores in the same order and schedule delivery or in-store pickup. It aims to provide access to healthy, nutritious foods sourced by local grocers, with a focus on choice and dignity. It supports local businesses and empowers communities. The platform offers features like account creation, express checkout, reordering, referral program, and personalized shopping. It is a B2C platform with a social impact.
Key facts about Mercato
- Founded Year: 2015
- Location: Brooklyn (United States)
- Stage: Series A
- Total Funding till date: $40.8M
- Employee Count: 182 as on Jul 01, 2024
- Investors: Greycroft, Flucas Ventures and 13 Others
- Latest Funding Round: Series A, Mar 25, 2021, $*****
- Highlight: Editors' Pick
Tech Coast Angels' Year-on-Year Investment Trends
Tech Coast Angels has invested in 284 companies over the last 27 years, with an average of 4 new investments annually in the last 10 years. Its most recent first time investment was in Gift Pack and most recent follow-on round was in iPourIt.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 3 | 0 | 3 |
2022 | 5 | 0 | 5 |
2021 | 9 | 0 | 9 |
2020 | 4 | 1 | 5 |
2019 | 5 | 2 | 7 |
2018 | 3 | 2 | 5 |
2017 | 8 | 0 | 8 |
Tech Coast Angels' Investments by Stage
Tech Coast Angels has made 75 investments in Seed stage with an average round size of $1.47M, 45 investments in Series A stage with an average round size of $3.31M and 14 investments in Angel stage with an average round size of $890K.Stage of entry | No. of Investments |
|---|---|
Seed | 75 |
Series A | 45 |
Angel | 14 |
Series B | 14 |
Unattributed | 5 |
Others | 8 |
Note: We have considered here, only first round of investments
Tech Coast Angels' Investments by Sector
Tech Coast Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Life Sciences, High Tech and Media & Entertainment. Notably, it has invested in 219 Tech companies, 173 Enterprise (B2B) companies, 124 Software companies and at least 87 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 49 |
Consumer | 38 |
Life Sciences | 36 |
High Tech | 33 |
Media & Entertainment | 16 |
Others | 165 |
Note: We have considered here, only first round of investments
Tech Coast Angels' Investments by Geography
Tech Coast Angels has made most investments in United States (160), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 160 |
India | 1 |
Montenegro | 1 |
Note: We have considered here, only first round of investments
Tech Coast Angels' recent investments
Tech Coast Angels has not made any investment in 2026 so far.Here are the most recent investments by Tech Coast Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 21, 2023 | United States | Seed | 1948 | [+4] | |
Jul 28, 2023 | United States | Seed | 5398 | - | |
May 16, 2023 | United States | Seed | 5130 | - | |
Dec 13, 2022 | United States | Seed | 6981 | [+4] | |
Aug 17, 2022 | United States | Seed | 1702 | [+2] |
Unicorns in Tech Coast Angels' Portfolio
Tech Coast Angels has 1 unicorn in its portfolio - Apeel. The most recent unicorn in their portfolio is Apeel which became a unicorn in 2020, 5 years before Tech Coast Angels first invested in it.Here is a list of unicorns in Tech Coast Angels' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Plant-based protection extends produce freshness, reduces waste, and promotes sustainability | 2012 | Goleta | Series E | tiqrekx |
IPOs and Publicly Listed companies in Tech Coast Angels' Portfolio
9 of Tech Coast Angels' portfolio companies have become public. Actuate Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2024 at marketcap of $153M and Cognition Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $256M.Here are Tech Coast Angels' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 13, 2024 | May 13, 2019 | Series B | 8645 | |
Oct 08, 2021 | Jul 22, 2015 | Series B | 5645 | |
May 20, 2021 | - | - | 7041 | |
Feb 01, 2018 | - | - | 9776 | |
Apr 27, 2017 | Mar 20, 2013 | Series B | 1695 |
Acquired companies in Tech Coast Angels' Portfolio
65 companies from Tech Coast Angels' portfolio have been acquired. The most recent acquisition was Green Dot in Nov 2025 by Smith Ventures for $*****.Here are Tech Coast Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 24, 2025 | Jan 01, 2001 | Unattributed | 4120 | |
Oct 14, 2025 | Mar 02, 2009 | Series E | 4567 | |
Jul 29, 2024 | 2014 | Seed | 4815 | |
Jun 26, 2024 | - | - | 5423 | |
Jul 17, 2023 | Sep 19, 2019 | Series A | 4260 |
Co-investors of Tech Coast Angels
Over the past 27 years, 518 investors have co-invested in Tech Coast Angels's portfolio companies. This includes funds and angels.
- Invested before Tech Coast Angels: HHS, EvoNexus and 118 others have invested in rounds before Tech Coast Angels. There are 9 companies where HHS has invested before Tech Coast Angels and 6 companies where EvoNexus has invested before Tech Coast Angels.
- Top Co-investors of Tech Coast Angels: 176 investors entered a company along with Tech Coast Angels. These include investors like Pasadena Angels (23 companies).
- Invested after Tech Coast Angels: A total of 222 investors have invested in Tech Coast Angels's portfolio after their investments. Top Investors include HHS (4 companies) and NIH (3 companies).
Recent News related to Tech Coast Angels
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Giftpack Closes Funding RoundFinSMEs•Sep 22, 2023•Gift Pack, Tech Coast Angels, Accelerating Asia, Digital Garage and 3 others
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Trauma Care Innovator, CurvaFix, Raises $39 MillionOrthopedics•Aug 03, 2023•MVM, Curvafix, Tech Coast Angels, Sectoral and 2 others
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PrivacyHawk Raises $2.7 Million to Pioneer the Personal Data Protection MarketBusiness Wire•Jul 12, 2023•PrivacyHawk, ff Venture Capital, NuFund, Alumni Ventures and 6 others
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OTT platform STAGE raises Rs 40 Crore led by Blume VenturesViestories•Jan 03, 2023•Blume Venture, STAGE, NB Ventures, Dholakia Ventures and 15 others
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Celitech raises $1.2M to expand eSIM service coverage areasPhocusWire•Aug 29, 2022•Celitech, Hawaii Angels, Tech Coast Angels
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Arima Genomics Closes $7M Series B RoundGenomeWeb•Mar 15, 2022•Arima Genomics, GenetronHealth, Tech Coast Angels, Ladder Ventures and 4 others
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