About Phoenix Angels
Phoenix Angels is a venture capital firm founded in 2022. It is primarily based out of Ernakulam, India. As of Dec 2025, Phoenix Angels is an active investor, having invested in 3 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from HealthTech to High Tech and Transportation and Logistics Tech. Most recently it participated in the $***** Seed round of Oppam A lot of funds co-invest with Phoenix Angels, with names like Avaana Capital Advisors sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Phoenix Angels' List of All Investments
Phoenix Angels has a portfolio of 3 companies. Their most notable investments are in Oppam and chargeMOD.Their portfolio spans across and India. They have invested in HealthTech, High Tech, Transportation and Logistics Tech and 5 other sectors, across stages such as Seed stage. Here is the list of all investments by Phoenix Angels:
Provider of healthcare savings plans, medical loans, and treatment advisory services. They offer assistance with healthcare financial planning and access to medical loans. The company also provides advisory services to help individuals find doctors and hospitals. They aim to facilitate access to quality healthcare.
Key facts about Mykare Health
- Founded Year: 2021
- Location: Kochi (India)
- Annual Revenue: ₹6.33Cr as on Mar 31, 2025
- Stage: Seed
- Total Funding till date: $2.01M
- Employee Count: 86 as on May 31, 2025
- Investors: Avaana Capital Advisors, SAE and 21 Others
- Latest Funding Round: Seed, Jun 15, 2023, $*****
- Highlight: Editors' Pick
2. chargeMOD
Provider of electric vehicle charging solutions for residential and commercial use. The company offers charging stations and a mobile application for locating stations. It provides solutions for workplaces, residential areas, parking facilities, and electric vehicle fleets. The company also offers a charger management system.
Key facts about chargeMOD
- Founded Year: 2019
- Location: Thiruvananthapuram (India)
- Annual Revenue: ₹10.8Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $664K
- Employee Count: 7 as on Sep 30, 2024
- Investors: Phoenix Angels, Kerala Startup Mission and 15 Others
- Latest Funding Round: Seed, Jan 13, 2024, $*****
3. Oppam
Provider of online therapy and counselling services with licensed therapists. They offer individual, couples, and sexual wellness therapy. The company addresses concerns such as anxiety, depression, trauma, relationship issues, grief, and anger. Additional services include queer affirmative therapy, work stress management, and parenting support.
Key facts about Oppam
- Founded Year: 2023
- Location: Kasaragod (India)
- Annual Revenue: ₹70.8L as on Mar 31, 2025
- Stage: Seed
- Total Funding till date: $167K
- Investors: Phoenix Angels and 1 Other
- Latest Funding Round: Seed, Dec 20, 2025, $*****
Phoenix Angels' Year-on-Year Investment Trends
Phoenix Angels has invested in 3 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Oppam.Phoenix Angels' Investments by Stage
Phoenix Angels has made 3 investments in Seed stage with an average round size of $827K.Phoenix Angels' Investments by Sector
Phoenix Angels has a diverse portfolio, with companies operating in the HealthTech, Auto Tech, Consumer, Energy Tech and Enterprise Applications. Notably, it has invested in 3 Consumer (B2C) companies, 3 Software companies, 3 Tech companies and at least 2 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
HealthTech | 2 |
Auto Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Phoenix Angels' Investments by Geography
Phoenix Angels has made most investments in India (3).Phoenix Angels' recent investments
Phoenix Angels has not made any investment in 2026 so far.Here are the most recent investments by Phoenix Angels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 20, 2025 | India | Seed | 8643 | ||
Jul 28, 2023 | India | Seed | 6856 | - | |
Jun 15, 2023 | India | Seed | 3449 | [+18] |
Co-investors of Phoenix Angels
Over the past 3 years, 35 investors have co-invested in Phoenix Angels's portfolio companies. This includes funds and angels.
- Invested before Phoenix Angels: Indira Babu Energy Ventures, Athira Paul and 10 others have invested in rounds before Phoenix Angels. There is 1 company where Indira Babu Energy Ventures has invested before Phoenix Angels and 1 company where Athira Paul has invested before Phoenix Angels.
- Top Co-investors of Phoenix Angels: 20 investors entered a company along with Phoenix Angels. These include investors like Avaana Capital Advisors (1 company).
- Invested after Phoenix Angels: A total of 3 investors have invested in Phoenix Angels's portfolio after their investments. Top Investors include Richard Sunny (1 company), Abraham Jacob (1 company) and Elitesupermarket (1 company).
Recent News related to Phoenix Angels
•
Kerala mental health startup Oppam raises ₹1.5 crore in seed fundingBusiness Line•Dec 24, 2025•Phoenix Angels, Oppam
•
Kerala Based EV Startup chargeMOD secures 2.5 Cr Pre-Seed RoundchargeMOD•Jul 28, 2023•chargeMOD, Phoenix Angels
