AngelList, a leading online capital formation marketplace, has published a review platform performance for 2018, and according to the company “assets under management” not top $1 billion.
AngelList became a vital variable in the shift to leveraging the internet to raise money online. In the Spring of 2013, the Securities and Exchange Commission issued AngelList a no-action letter pertaining to their pursuit of an online marketplace that led one observer to declare AngelList the patron saint of equity crowdfunding. Today, AngelList is on the largest platforms of its kind.
Since inception, AngelList has added new features and tweaked its services. Currently, its jobs marketplace is an active platform matching employees to early-stage firms. Product Hunt is looking for the next big thing in tech.
So how did AngelList do in 2018, beyond topping the billion dollar mark? Below are some data points published by the firm:
- AngelList Venture has over $1 billion in assets under management and 23 unicorns in the portfolio, including Lime and Robinhood.
- 250 angels and VCs rely on the AngelList platform
- Investments in companies in 38 different countries with the US leading the way (Europe is 2nd most active region)
- 50% of investments came from VC funds managed on AngelList
In some respects, the AngelList community is more of a jobs list and social platform. Over two million candidates were actively job-hunting on their platform in 2018 with 100,000 sign-ups each month.
Taking a look at their broader family of services, AngelList affiliated platforms include both CoinList and Republic.
AngelList states they are preparing something new too. Any predictions?