AngelList Venture Raises $100M in Series B; at $4B Pre-Money Valuation

angellist venture

AngelList Venture, the San Francisco, CA-based company dedicated to ease AngelList Venture, the San Francisco, CA-based company dedicated to easing investments in startups, closed a $100M Series B funding round at a $4 Billion pre-money valuation

The round was led by Tiger Global with participation from Accomplice and others. 

The company is also opening up a community round on AngelList itself for GPs who have made an investment on the platform in the last 12 months.

Led by CEO Avlok Kohli, AngelList Venture recently launched RUVs, Stack, and hit $10B in assets supported. Almost 200 unicorns raised capital from GPs on AngelList, and 19 companies went public. In total, 800 GPs invested $3.6B from 38,000 LPs into 7,000 startups.

The company currently has a team of 130 people and, according to a post, plans to continue to expand its hiring efforts.

FinSMEs

11/03/2022