What Broadway Angels does

Broadway Angels is a private angel investment network founded in 2010 and headquartered in San Francisco, California. It is a member-driven organization composed entirely of women investors and business executives — over 90 named members — all of whom are current or former General Partners at top-tier venture capital firms or Senior Executives at leading technology and consumer companies. The network invests personal capital into early-stage and growing companies, primarily in information technology, and typically co-invests alongside other angel groups and venture capital firms rather than leading rounds. Members serve as strategic advisors and sounding boards for portfolio companies rather than taking board seats, providing expertise in strategy, management, corporate governance, fundraising, and recruiting.

Broadway Angels operates as a community rather than a fund management entity. It does not charge fees to portfolio companies, and revenue is generated through member equity appreciation and exits rather than management fees or carried interest. Deal flow is sourced through members' extensive personal networks in Silicon Valley and beyond, with co-investment relationships documented across 30+ top-tier VC firms including Kleiner Perkins, Menlo Ventures, NEA, Accel, DFJ, Scale Venture Partners, and Andreessen Horowitz. The organization's operations are supported by a small staff including a Chief Operating Officer (Leslie Santarina), Chief Counsel (Tamara Thompson), and an advisor (Jenny Saling).

The network has backed or its members have led/advised companies across consumer technology, enterprise software, fintech, healthcare, education, and biotechnology, with notable portfolio and member-affiliated outcomes including Imperva, Trulia, ForeScout, Ancestry, The RealReal, Box, Redfin, AppLovin, Vaxcyte, 4DMT, and AN2 Therapeutics. Broadway Angels is not a technology company and does not offer software products, platforms, or APIs. Its competitive position rests on the concentration of elite operator-investor talent and the network effects of its members' decades-long relationships across the venture ecosystem.

Name

Broadway Angels

Legal name

Broadway Angels

Website

https://broadway-angels.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Broadway Angels is a private, San Francisco-based angel investment network of 90+ women investors and senior executives who co-invest personal capital into early-stage technology companies alongside top-tier VC firms, providing strategic advisory rather than board oversight.

Ownership category

akta.pro rank

Product category

Angel Investing / Early-Stage Venture Capital

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investing network
• Early-stage venture capital
• Women-led angel group
• Startup advisory services
• Seed-stage equity investing

Headquarters

HQ city

San Francisco

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

Revenue model

1. Investment Returns on Portfolio Companies: Broadway Angels members invest their personal capital into early-stage and growing companies. Revenue is generated through equity appreciation and exits (IPOs, acquisitions) rather than fees charged to portfolio companies. Members are 'small investors' who invest a fraction of total raise amounts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Broadway Angels is an angel investment network made up of women investors and business executives who collectively invest personal capital into early-stage and growing companies, primarily in information technology. Members contribute decades of experience investing in and managing top technology companies, offering strategic advisory on corporate governance, fundraising, recruiting, and operational strategy. The network typically co-invests alongside other angel groups and VC firms rather than leading rounds, and serves as a sounding board for portfolio companies rather than taking board seats.

Product overview

Broadway Angels is an investor network rather than a product company. It is a community of women investors and business executives who provide venture capital investment, mentorship, and advisory services to startups. No software products, platforms, or modules are offered.

Differentiator

Problem solved

Functional benefit

Products and services

• Angel Equity Investment Member-funded angel equity investment in early-stage and growing companies, primarily in information technology. Members contribute personal capital and earn returns through equity appreciation and exits (IPOs, acquisitions). The network typically co-invests alongside other angels and VC firms, investing only a fraction of total raise amounts.
• Strategic Advisory and Sounding Board Services Strategic advisory and sounding board services for portfolio companies, providing expertise in strategy, management, corporate governance, fundraising, and recruiting. Members serve as sounding boards for management teams rather than taking board seats.

Quantifiable outcome

• Members collectively manage billions in venture capital and serve on boards of major public and private companies across technology, consumer, healthcare, and fintech sectors.

Named customers119 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

One partnership is on record.

• Gap Inc.coreAileen Lee held operating roles at Gap Inc. Dawn Dobras spent 13 years at Gap Inc. Madison McIlwain was a former product manager at Gap Inc.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• All Raise: Nonprofit co-founded by Broadway Angels member Jenny Lefcourt dedicated to diversity among funders and founders; comparable mission and ecosystem-building role.
• Female Founders Fund: Early-stage venture fund investing in female-founded technology companies; direct peer on the women-investor-in-tech thesis and Silicon Valley footprint.
• BBG Ventures: Early-stage VC focused on female founders and consumer/enterprise technology; comparable mission, stage, and founder-supporting value-add beyond capital.
• Cowboy Ventures: Seed-stage fund founded by Broadway Angels member Aileen Lee, backing early-stage technology startups; highly comparable mandate and member origin.
• Aspect Ventures: Early-stage enterprise VC co-founded by Broadway Angels members Theresia Gouw and Jennifer Fonstad; directly comparable as a women-led institutional fund that grew out of the same member network.
• Freestyle Capital: Early-stage VC led by Broadway Angels member Jenny Lefcourt with ~$565M AUM; comparable as a women-led fund that grew out of the Broadway Angels ecosystem.
• Pipeline Angels: Angel network focused on women and non-binary investors backing women and minority-owned startups; shares the gender-diversity thesis and community-driven deal-flow model with Broadway Angels.
• Golden Seeds: One of the largest and oldest U.S. angel networks dedicated to investing in women-led companies; directly comparable as a member-driven female-focused angel collective operating in a co-invest model.
• Halogen Ventures: Early-stage VC founded by Broadway Angels member Jesse Draper, focused on female-founded consumer technology; operates as a dedicated fund version of the women's-investor thesis Broadway Angels embodies.
• Cake Ventures: Seed-stage VC founded by Broadway Angels member Monique Woodard targeting demographic-driven technology opportunities; comparable founder-led women-investor fund mandate.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights3 records

Customer concentration

• Xx.com/broadwayangels
• LinkedInlinkedin.com/company/broadway-angels

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments26 records

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

Frequently asked questions about Broadway Angels