What 37 Angels does

37 Angels is a New York City-based angel investing network founded in 2012 by Angela Lee with the stated mission of closing the gender gap in startup investing through education. The organization operates as a membership-based community of 90+ women angel investors who collectively evaluate and fund early-stage startups, primarily at the seed stage with network checks of $50,000–$200,000. The core product offerings are an Angel Investing Bootcamp (delivered both as a two-day NYC intensive and an online cohort), a Membership Network providing curated deal flow and bi-monthly pitch forums, a Startup Funding service that screens ~2,500 applications per year down to ~10 investments, and a public Resources Hub for founders.

The technology stack is intentionally lightweight and non-proprietary: the organization runs on Squarespace for web presence, uses the Gust platform for inbound startup applications, and leverages Eventbrite for event ticketing and standard business tools for operations. Deal flow is sourced through the Gust application pipeline, accelerator partnerships (TechStars NYC, Entrepreneurs Roundtable Accelerator, Alchemist, Betaworks, etc.), and a syndication ecosystem of 30+ institutional partners including Union Square Ventures, First Round Capital, Greycroft, General Catalyst, Collaborative Fund, Comcast Ventures, and Gaingels.

The revenue model is subscription-based, with first-year members paying $5,000 (which includes bootcamp training) and returning members paying $3,000 in annual dues. Members are expected to deploy at least one $25,000 angel investment per year. The organization does not receive institutional funding, operates with a small core team of 3–5, and has built a portfolio of 50+ companies with a self-reported top-decile IRR above 20%, anchored by exits including Sweetgreen and Owlet Care IPOs in 2021 and acquisitions by E&J Gallo, Expedia, and LabCorp.

Name

37 Angels

Legal name

37 Angels

Website

https://37angels.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

37 Angels is a New York-based angel investing network founded in 2012 that educates and mobilizes 90+ women investors to fund early-stage startups through bi-monthly pitch forums, a bootcamp, and curated deal flow.

Ownership category

akta.pro rank

Product category

Angel Investor Network

NAICS

Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Entrepreneurship, Business & Innovation Camps (EDAMALAL)

Keywords

• Angel investor network
• Startup investing education
• Seed stage funding
• Investor bootcamp training
• Accredited investor community

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Membership Dues: 37 Angels generates revenue primarily through annual membership dues. First-year members pay $5,000 which includes the cost of the angel investing bootcamp training. Returning members pay $3,000 annual dues. This is the primary revenue stream for the organization.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

37 Angels operates an angel investor network that trains new angels through a two-day bootcamp, enrolls them as members with access to curated deal flow, and convenes bi-monthly pitch forums where 8 selected startups pitch to 90+ investors for $50K-$200K syndicated seed investments. Members pay annual dues and the network supports founders with a streamlined, founder-friendly decision process and post-investment engagement.

Product overview

37 Angels is an angel investment network focused on closing the gender gap in startup investing through education. The core offering consists of an Angel Investing Bootcamp (hands-on immersive training program), a Membership Network (90+ women investors with access to curated deal flow and pitch forums), and Startup Funding services ($50-200K investments via pitch forums). The company also provides a Resources Hub with curated tools, accelerator listings, and educational content for the startup ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Angel Investing Bootcamp A hands-on immersive training program for aspiring angel investors that immerses participants in real deal evaluation alongside seasoned angels, with real founders pitching real startups, deal diligence, and investment decision-making. Offered as a two-day in-person intensive in NYC and as a multi-week online cohort.
• 37 Angels Membership Network Annual membership in a network of 90+ women angel investors providing access to pre-screened deal flow, bi-monthly pitch forums, ongoing education workshops, insider events, and professional development. Members commit to at least one $25K angel investment per year; portfolio IRR above 20%.
• Startup Funding and Pitch Forum Bi-monthly pitch forums held in NYC where 8 startups, selected from approximately 500 applicants, pitch to the investor network for syndicated seed investments of $50K-$200K. Founders receive a transparent process with a single point of contact and a decision timeline of roughly one month.
• Startup Resources Hub

Quantifiable outcome

• Top decile IRR performance (>20%)
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• GustcoreTechnology or Integration37 Angels uses the Gust platform for startup applications. Companies apply through gust.com/organizations/37angels/apply to be considered for pitch forums.
• Columbia Business SchoolminorStrategic or Co-development PartnerFounder Angela Lee is an award-winning professor at Columbia Business School where she teaches venture capital. This partnership enhances credibility and provides access to academic resources and talent.
• NYC-Based Accelerators (TechStars NYC, Entrepreneurs Roundtable Accelerator, etc.)minorChannel Partner/ Reseller/ Distributor37 Angels curates and lists NYC-based accelerators on its Resources page. These accelerators serve as a pipeline for deal flow, and 37 Angels investors attend demo days. Listed accelerators include TechStars NYC, ERANYC, Alchemist, Betaworks, FinTech Innovation Lab, and many others.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SoGal Ventures: Global network of women founders and angel investors with an associated venture fund. Highly comparable to 37 Angels in mission, demographic focus, and angel-investing education and pitch-event model.
• Astia: Global angel and early-stage investor network focused on women-led high-growth companies. Astia provides investor education and curated deal flow similar to 37 Angels and is an active deal-syndication partner.
• ARC Angel Fund: Angel fund that aggregates capital from individual angels for diversified startup investing. Operates in the same NYC/SF ecosystems with similar curated deal-flow and diligence process; syndication partner.
• Gaingels: Diversity-focused angel and VC network with a large membership base that co-invests alongside VCs. Comparable mission emphasis (diversity and inclusion) and deal-syndication role; a 37 Angels syndication partner.
• Pipeline Angels: Angel investing bootcamp and network specifically focused on women and non-binary investors. Directly comparable as both an investor-education program and curated angel network targeting similar demographics.
• Golden Seeds: One of the largest US angel networks investing in women-led businesses, with both a membership/education program and an active fund. Highly comparable to 37 Angels in mission, structure, and target investment stage; already a deal-syndication partner.
• Empire Angels: NYC-area angel investor network running pitch forums and group diligence. Operates with a similar membership-plus-pitch-event model and is a listed deal-syndication partner.
• NY Angels: NYC-based angel investing group that runs pitch forums and due-diligence support for accredited investors. Directly comparable on geography, structure, and member experience; an active 37 Angels deal-syndication partner.

Regional players

• Brooklyn Bridge Ventures: NYC-based early-stage venture fund led by Charlie O'Donnell, who serves as a 37 Angels mentor and is a deal-syndication partner. Comparable in geography and seed-stage focus though structured as a traditional fund rather than an angel network.

Emerging players

• Female Founders Fund: Early-stage venture fund focused on women-led companies, founded by Anu Duggal. Adjacent rather than direct overlap given its fund structure, but highly comparable on mission and target-portfolio profile.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/37angelsny
• LinkedInlinkedin.com/company/37-angels

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments161 records

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

Frequently asked questions about 37 Angels