What is AngelPad?
AngelPad operates as a seed-stage accelerator with locations in New York City and San Francisco, focusing on intensive three-month programs for selected startups. The program selects approximately 15 teams from around 2,000 applicants every six months, maintaining a highly selective acceptance rate of less than 1%. Founders work directly with the husband-and-wife team of Thomas Korte and Carine Magescas, who provide hands-on mentorship and guidance.
The accelerator invests $120,000 in each participating company and provides access to over $300,000 in cloud credits from major providers. AngelPad has established a strong track record since 2010, with portfolio companies raising over $2.2 billion in total funding and achieving an average funding of $14 million per company. The program emphasizes product-market fit, target market definition, fundraising preparation, and investor introductions.
Features
- 1:1 Mentorship: Direct guidance from experienced founders Thomas Korte and Carine Magescas
- Funding Support: $120,000 investment per company plus $300,000+ in cloud credits
- Investor Network: Access to established investor relationships and fundraising opportunities
- Community Building: Cohort-based support system with fellow founders
- Performance Track Record: Ranked #1 U.S. accelerator with successful portfolio companies
Use Cases
- Early-stage startup seeking seed funding and mentorship
- Founders looking for intensive accelerator program to scale their business
- Startups needing help with product-market fit and target market definition
- Companies preparing for investor fundraising rounds
- Entrepreneurs seeking connections to Silicon Valley investors and advisors
FAQs
-
What is the acceptance rate for AngelPad?
The acceptance rate is less than 1%, with approximately 15 teams selected from around 2,000 applicants every six months. -
How much funding does AngelPad provide to startups?
AngelPad invests $120,000 in each company and provides access to over $300,000 in cloud credits from AWS, Google, and Digital Ocean. -
Where are AngelPad's locations?
AngelPad has offices in both New York City and San Francisco. -
How long has AngelPad been operating?
AngelPad has been launching companies since 2010. -
What types of companies does AngelPad accept?
AngelPad accepts startups across various tech verticals including SaaS, marketplaces, AI, healthcare, B2B, B2C, and more, focusing on companies tackling big problems in large markets.
