What New York Angels does

New York Angels is a not-for-profit, membership-based angel investment organization founded in 2004 by serial entrepreneur David S. Rose following the dissolution of the New York New Media Association's angel program during the dot-com downturn. The organization connects approximately 120+ accredited investor members with early-stage companies seeking pre-seed through Series A capital across sectors including technology, healthcare, consumer products, clean energy, AI, and defense. NYA does not itself invest in companies; instead, individual members make their own investment decisions, supported by NYA's deal-flow curation, screening process, due diligence infrastructure, and monthly Investment Forums. Since founding, NYA members have collectively invested more than $160 million in 300+ companies, including high-profile bets such as Pinterest, Greenhouse, Bombas, ComiXology (acquired by Amazon), and JUMP Bikes (acquired by Uber for nine figures, with NYA as the first institutional investor).

The organization's go-to-market is sales-led and curatorial: founders apply through the Gust platform, which links NYA to 750+ other angel groups globally; NYA receives more than 1,000 applications per year and funds approximately 2.5% of them. NYA generates no traditional revenue — it is funded by membership dues from individual and entity members plus sponsor contributions — and it does not charge carry or management fees on member investments. In 2024, NYA launched a sidecar fund vehicle (NYA Fund 2024, ~$2.5M) to allow pooled participation alongside individual member checks. Technology infrastructure is minimal: a Squarespace-hosted marketing website, the Gust application platform, and a Knack-based member login. There is no proprietary AI/ML capability at the organizational level; AI exposure is indirect through the portfolio.

NYA's recent strategic posture reflects organizational maturation rather than disruption: the appointment of Cindy Cook as the fourth and first female Chair in April 2024, the March 2026 appointment of Peter Bodenheimer (SOSV/Food-X Accelerator alumnus) as Executive Director, expansion of co-investment partnerships with HBS Alumni Angels, Cultivation Capital, Mucker Capital, and state-backed VIPC, and sustained deployment velocity ($3.4M in Q1 2024, $10M+ across 2025). The competitive position rests on a 20+ year track record, a high-quality exit portfolio, and a curated deal-flow funnel that is difficult for newer or smaller angel groups to replicate.

Name

New York Angels

Legal name

New York Angels, Inc.

Website

https://newyorkangels.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

New York Angels is a not-for-profit, membership-based angel investment organization founded in 2004 that connects 120+ accredited investor members with early-stage companies. It provides deal-flow curation, screening, and due diligence, facilitating $160M+ in individual member investments across 300+ companies.

Ownership category

akta.pro rank

Product category

Angel Investment Services

NAICS

Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Services-Membership Organizations (8600)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Angel investment group
• Early-stage venture funding
• Startup investment network
• Accredited investor membership
• Due diligence services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership-based angel investing facilitation: NYA is a not-for-profit corporation funded by membership dues and certain sponsors. It provides administrative support to its members, who invest individually. NYA does not itself invest in companies; investments are made by individual members of the organization.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

New York Angels is a not-for-profit professional angel organization that finds, funds, and mentors early-stage companies from initial pitch through exit. It curates deal flow from 1,000+ annual applications via the Gust platform, runs a member-led screening and due diligence process, and convenes monthly Investment Forums where its 120+ accredited investor members decide individually whether to invest. NYA itself does not invest capital; it provides the administrative, screening, and community infrastructure that allows its members to deploy angel capital into early-stage companies and aggregate into syndicated deals via the NYA Fund sidecar vehicle.

Product overview

New York Angels is an angel investment group that connects early-stage entrepreneurs with accredited investors. It does not offer a technology product or service in the traditional sense. The organization facilitates funding, provides mentorship, and offers investment opportunities in startups across various sectors including technology, healthcare, consumer products, and clean energy.

Differentiator

Problem solved

Functional benefit

Products and services

• New York Angels Membership (Individual & Entity Membership) Annual membership program for 120+ accredited investor members (individuals and entities) that grants access to screened deal flow, due diligence support, monthly Investment Forums, co-investment syndicates, and the broader NYA member network. Membership is the core paid offering and primary revenue driver for the not-for-profit.
• Investment Forum & Due Diligence Process Structured, member-led deal-evaluation service combining application screening, peer due diligence sessions, and monthly hybrid Investment Forums where member angels hear pitches and decide individually whether to invest. Delivered to both sides of the NYA network: founders receive evaluation and feedback; members receive pre-screened deal flow.
• NYA Fund (Sidecar Fund Vehicle) Sidecar fund vehicle operated by New York Angels that aggregates capital across NYA members and select external investors so they can participate together in NYA-sourced portfolio deals. NYA Fund 2024 closed with nearly $2.5 million of capital, providing a single pooled check that supplements individual member investments.
• Office Hours & Founder Mentorship Program Mentorship and office-hours program through which NYA angels meet with early-stage companies to provide industry knowledge, operational guidance, and introductions, often delivered in partnership with legal, accounting, and advisory partners such as Goodwin Law and Withum.

Quantifiable outcome

• Members have invested over $160 million in 300+ companies since founding in 2004
• +3 more outcomes

Named customers15 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Sports Technology AwardsminorGTM or Marketing Partner · 1 April 2024NYA members attended the annual Sports Technology Awards — the world's leading celebration of tech-led innovation in sport — which was hosted for the first time in North America in 2023.
• WithumminorImplementation/ SI/ Consulting Partner · 1 March 2024Withum, an accounting and advisory firm, partnered with NYA to host an Investor & Portfolio Company Panel addressing critical tax, accounting, data protection, cybersecurity, and R&D tax credit planning issues for NYA members and portfolio companies.
• Clean Tech Open AcceleratorminorStrategic or Co-development Partner · 1 May 2023NYA sourced Linebird through the Clean Tech Open Accelerator program in summer 2022, which serves as a pipeline for NYA deal flow.
• Goodwin LawminorImplementation/ SI/ Consulting Partner · 1 May 2023NYA hosted its first Office Hours at Goodwin Law, where 20 early-stage companies met with angels for industry knowledge and received free legal advising from Goodwin attorneys.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Golden Seeds: One of the largest US angel networks, focused on women-led companies. Membership-based, with pooled deal screening and due diligence on early-stage investments — directly comparable operating model to NYA.
• Keiretsu Forum: Global membership-based angel network with regional chapters that screen, diligence, and syndicate deals. Closely parallels NYA's chapter-based, screening-process approach to early-stage investing.
• Band of Angels: Silicon Valley-based angel group investing in early-stage tech startups. Like NYA, members invest individually after group-level screening, with a long track record and similar member-driven model.
• Tech Coast Angels: One of the largest and most active angel networks in the US, with structured screening, due diligence, and member-led investment — a direct functional analog to NYA on the West Coast.
• Launchpad Venture Group: Boston-area angel investing group running structured monthly screening meetings and individual member investment — directly comparable regional membership-based angel model.
• HBS Alumni Angels of Greater New York: Harvard Business School alumni angel group in NYC that has co-invested with NYA (e.g., Membrion). Same membership-based, screening-driven angel model with strong overlap in investor base.

Broad incumbents

• Techstars: Global accelerator with an associated fund network investing in early-stage companies. Overlaps NYA's early-stage mandate and startup ecosystem role but at much larger scale and with a structured program component.
• AngelList: Online platform that NYA explicitly uses (Gust) to source deals and that enables angel syndicates and rolling funds. Not a membership group, but the dominant infrastructure layer competing for the same angel capital flows.
• Republic: Retail-access investment platform offering angel- and venture-style deal participation online. Operates in the same early-stage capital-formation space but via online community rather than curated membership screening.

Emerging players

• 500 Global: Global micro-VC and accelerator investing in seed-stage startups. Comparable to NYA in seed-stage orientation and global deal flow, but operates with a fund model rather than individual member checks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/thenyangels
• LinkedInlinkedin.com/company/1450029

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments418 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New York Angels