SV Angel
SV Angel is a San Francisco-based venture capital firm founded in 1992 that invests in technology startups through a Seed Fund (~$200k checks) and a Growth Fund (Series B+), serving pre-seed, seed, and growth-stage founders with capital, network access, and strategic support across 200+ portfolio companies.
- Company typePrivate
- Founded1992
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What SV Angel does
SV Angel is a San Francisco-based venture capital firm founded by Ron Conway in 1992 that invests in technology companies through two vehicles: a Seed Fund writing approximately $200,000 checks at the pre-seed and seed stages, and a Growth Fund participating in Series B and later rounds, including in companies outside the existing Seed portfolio. The firm targets pre-seed, seed, and growth-stage founders, primarily in software-focused sectors including consumer, enterprise, AI, fintech, healthcare, crypto, and marketplaces. SV Angel does not take board seats, preferring a high-engagement, founder-aligned model that emphasizes network access, strategic advice at inflection points (fundraising, M&A, key hires), and a corporate partner program providing portfolio companies with over $1 million in cloud, productivity, and infrastructure discounts.
The business model is standard institutional VC: management fees on committed capital (the SV Angel Growth II, L.P. vehicle raised $330 million from 94 LPs in January 2025) plus carried interest on successful exits. Deal sourcing is network-driven, anchored in founder referrals, the firm's 30+ year track record (Google, Twitter, Meta, Airbnb, Coinbase, Stripe, Pinterest, OpenAI, Databricks, Anthropic), and the personal brand of Ron Conway, a continuous Forbes Midas List honoree since 2011. The team is intentionally small (1–10 employees) and includes managing partners Ron Conway, Ronny Conway, Topher Conway, and Ashvin Bachireddy, plus general partners Mike Sho Liu and Andrea Wang, and a dedicated AI Lead.
Most recently, SV Angel has concentrated a significant share of new investing activity in AI infrastructure, AI-native vertical SaaS, robotics, defense technology, and crypto-AI, including a flagship $480 million seed co-lead of Humans& at a $4.48 billion valuation. The firm has also formalized internal AI diligence via the AI Lead hire and issued a public AI Open Letter. Ron Conway announced in 2026 that he is stepping back from some activities following a rare cancer diagnosis, creating a leadership transition risk concentrated in the firm's principal brand and deal-sourcing role.
SV Angel firmographics
Firmographics- Name
- SV Angel
- Legal name
- SV Angel
- Website
- https://svangel.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SV Angel is a San Francisco-based venture capital firm founded in 1992 that invests in technology startups through a Seed Fund (~$200k checks) and a Growth Fund (Series B+), serving pre-seed, seed, and growth-stage founders with capital, network access, and strategic support across 200+ portfolio companies.
- Ownership category
- akta.pro rank
SV Angel industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259)
- SIC
- Investors, Nec (6799), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Micro-VC & Angel Funds (FSANAAAI)
- akta.pro secondary industries
- Early-Stage Venture Capital (Series A/B) (FSANAAAB), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where SV Angel is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SV Angel business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Returns (Carried Interest): SV Angel generates returns through equity investments in portfolio companies. Returns come from carried interest on successful exits and the appreciation of equity stakes in companies such as Google, Twitter, Meta, Airbnb, Coinbase, Stripe, Pinterest, and other successful investments.
- Management Fees: VC firms typically charge management fees on committed capital under management, as evidenced by their $330M SV Angel Growth II fund.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Seed Fund: $200,000 typical investment |
| Other | Multi-year contract | Growth Fund: Series B and later stage investments |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
SV Angel product offering
Product offeringCore offering
SV Angel is a venture capital firm that deploys capital into early-stage and growth-stage technology companies through two pooled investment funds: a Seed Fund targeting pre-seed and seed rounds (typical $200,000 checks) and a Growth Fund targeting Series B and later rounds. Beyond capital, the firm delivers hands-on portfolio support — including introductions, fundraising and M&A advisory, and access to a Corporate Partner Discount Program valued at over $1 million — at critical inflection points in a company's lifecycle.
Product overview
SV Angel is a venture capital firm operating two distinct investment funds: an early-stage Seed Fund targeting pre-seed and seed investments with typical checks of $200k, and a late-stage Growth Fund focused on Series B and later opportunities. The firm provides portfolio companies with strategic support at critical inflection points including fundraising, M&A, and business development, leveraging an extensive network of industry partners and advisors. Additionally, SV Angel offers portfolio companies access to over $1 million in discounts through corporate partner programs spanning cloud infrastructure, productivity tools, and business services.
Differentiator
Problem solved
Functional benefit
Products and services
- SV Angel Seed Fund
- SV Angel Growth Fund Late-stage venture capital fund that invests in Series B and later-stage opportunities, including in new companies outside the existing SV Angel Seed portfolio; the Growth Fund is led by Managing Partner Ashvin Bachireddy.
- Portfolio Company Support Services
- Corporate Partner Discount Program
Quantifiable outcome
- Access to $1M+ in corporate partner discounts
- +1 more outcomes
Companies that use SV Angel
Customer profileNamed customers15 records
Segments3 records
Ideal customer profiles3 records
SV Angel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SV Angel partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
SV Angel competitors and assessment
Company assessmentBroad incumbents
- Andreessen Horowitz (a16z): Major multi-stage venture capital firm and frequent co-investor with SV Angel in rounds like District, Lio, Phylo, OpenGradient, and Hilbert. Overlaps on early-stage AI/consumer/enterprise investing but operates at meaningfully larger scale with full-stack services.
- Sequoia Capital: Premier Silicon Valley venture firm that frequently co-invests with SV Angel in growth rounds (e.g., Sandstone, Hilbert). Comparable in founder-network brand strength but operates across stages and geographies with substantially more capital.
- Lightspeed Venture Partners: Multi-stage VC with deep AI, enterprise, and consumer exposure; recently co-led rounds alongside SV Angel (Sandstone, Judgment Labs, Origin Lab). Overlaps on growth-stage software investing with global footprint.
- General Catalyst: Multi-stage venture firm frequently co-investing with SV Angel (Conntour, 14.ai, Liquid). Andrea Wang joined SV Angel from General Catalyst's seed team, illustrating direct personnel and strategy overlap on early-stage enterprise deals.
- Accel: Global venture firm leading the Depthfirst Series A alongside SV Angel. Comparable brand legacy in consumer/internet investing (Facebook, Slack) with similar thesis-driven, founder-focused culture.
- Khosla Ventures: High-conviction seed and growth investor frequently co-investing with SV Angel (Highlight AI, Phia, Alfred). Comparable appetite for frontier tech and AI, with similar founder-friendly posture.
- Greylock Partners: Silicon Valley early/growth investor that led Niteshift and District rounds alongside SV Angel. Overlaps on enterprise software and AI infrastructure theses with similar relationship-driven model.
- Bessemer Venture Partners: Long-tenured venture firm that participated in Furientis alongside SV Angel. Comparable in scale and stage coverage with similar diversified software/AI/fintech thesis and a deep portfolio of decacorn outcomes.
Direct peers
- Felicis Ventures: Early-stage venture firm that co-led Corridor ($25M Series A) and Adaptive Innovations ($50M Series A) with SV Angel. Highly comparable as a Bay Area seed/Series A specialist with a founder-friendly, relationship-led approach.
- A.Capital: Early-stage venture firm founded by Ronny Conway (now SV Angel Managing Partner) in 2014. Tight personnel and strategy overlap with SV Angel's Seed Fund, and historically part of the same operational family before the broader reorganization.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SV Angel social profiles
Digital presenceSV Angel financial estimates
Financial estimateRevenue estimate
Valuation estimate
SV Angel leadership team
Management profileNumber of profiles
Profiles11 records
SV Angel funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SV Angel M&A and investment
M&A and investmentM&A
Investments1725 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SV Angel
What does SV Angel do?
SV Angel is a venture capital firm that deploys capital into early-stage and growth-stage technology companies through two pooled investment funds: a Seed Fund targeting pre-seed and seed rounds (typical $200,000 checks) and a Growth Fund targeting Series B and later rounds. Beyond capital, the firm delivers hands-on portfolio support — including introductions, fundraising and M&A advisory, and access to a Corporate Partner Discount Program valued at over $1 million — at critical inflection points in a company's lifecycle.
Is SV Angel a public or private company?
SV Angel is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SV Angel founded?
SV Angel was founded in 1992. It employs 1 to 10 people.
Where is SV Angel based?
SV Angel is headquartered in San Francisco, United States, in the North America region.
How does SV Angel make money?
Two revenue lines are on record. Investment Returns (Carried Interest) is the primary driver. The others are management Fees.
Who are SV Angel's main competitors?
Broad incumbents on record are Andreessen Horowitz (a16z), Sequoia Capital, Lightspeed Venture Partners, General Catalyst, Accel, Khosla Ventures, Greylock Partners and Bessemer Venture Partners. Direct peers are Felicis Ventures and A.Capital.
Does SV Angel have an API?
No public API is recorded for SV Angel.
What industry is SV Angel in?
SV Angel's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAI, Micro-VC & Angel Funds, with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 52394 and its SIC code is 6799.