Tundra Angels

What Tundra Angels does

Tundra Angels is a Wisconsin-based angel investor network founded in 2020 by Matthew Kee, a former VC-backed CEO. The entity operates as Tundra Angels LLC and serves two customer sides: (i) startup founders in Wisconsin seeking pre-seed to Series B capital and operator-led support, and (ii) individual investors — primarily active or former operators of companies — seeking curated deal flow and collective diligence. The organization has grown to 50+ investor members and has invested in 24+ companies, deploying over $5.5 million in capital, with portfolio companies collectively raising more than $70 million in 2025.

The network's core offering is a curated investment process: founders connect directly with Matthew Kee (no formal screening committee), receive pitch coaching, present at quarterly in-person pitch meetings to 3–4 selected startups per session, undergo industry-expert due diligence, and receive turn-key investment execution via an LLC structure with venture-capital-specialized legal counsel and yearly K-1 accounting. Per-deal investment sizes range from $100,000 to over $500,000, and the network reported a 3.1% investment rate across reviewed deals in 2024. Post-investment, members provide ongoing portfolio support through quarterly reviews, board participation, and introductions to VC funds and customers.

The business model combines recurring membership fees from network investors with carried interest on successful exits, supplemented by content-marketing assets (the 'Tundra Angels' Angle' newsletter with 7,847 subscribers, 'The Asymmetric Investor' newsletter, and a podcast). Deal flow is sourced through direct outreach by Matthew Kee and referral relationships with Brightstar Wisconsin, VC 414, gener8tor, HealthX Ventures, and First Business Bank. There is no proprietary technology platform — operations run on human relationships, content marketing, and standard investment infrastructure.

Name

Tundra Angels

Legal name

Tundra Angels LLC

Website

https://tundraangels.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Tundra Angels is a Wisconsin-based angel investor network founded in 2020 by Matthew Kee, connecting 50+ operator-investors with Wisconsin startup founders through curated deal flow, quarterly pitch meetings, and turn-key investment execution. It has deployed over $5.5M across 24+ portfolio companies.

Ownership category

akta.pro rank

Product category

Angel Investor Network

NAICS

Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industries

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA), Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Angel investor network
• Startup funding
• Venture capital
• Private equity investing
• Early-stage investment

Headquarters

HQ city

Green Bay

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, Others, Infrastructure

Revenue model

1. Carried Interest / Profit Participation: Returns on successful portfolio company exits through carried interest in investment returns.
2. Membership Fees: Network membership fees from investors joining the Tundra Angels investor network.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Tundra Angels operates an elite angel investor network of 50+ active or former operator members in Wisconsin that pools capital to invest in startups from pre-seed to Series B, typically deploying $100,000 to over $500,000 per deal. For investors, it delivers curated deal flow, collective-intelligence due diligence, and turn-key investment execution with legal counsel and K-1 accounting. For startup founders, it offers smart capital combined with pitch coaching, industry expert due diligence, post-investment strategic support, quarterly reviews, and introductions to VC funds and potential customers.

Product overview

Tundra Angels is an elite angel investor network based in Wisconsin, operating as a single unified service rather than a platform-plus-modules architecture. The core offering is the investor network itself, which provides startup investment services including quarterly pitch meetings with curated startups, due diligence support, and turn-key investment execution. The network also publishes two newsletters: 'Tundra Angels' Angle' for founders and investors seeking tactical insights, and 'The Asymmetric Investor' for investors looking to build an investment engine. Additional support includes quarterly reviews, strategic insights, and networking connections for portfolio companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Tundra Angels Investor Network Membership Membership in a curated angel investor network of 50+ active or former operators in Wisconsin that pools capital to invest in startups; members receive curated deal flow, collective-intelligence due diligence, and turn-key investment execution with legal counsel and K-1 accounting.
• Startup Investment Capital & Engagement Equity investment capital (typically $100,000 to over $500,000 per deal from pre-seed to Series B) in Wisconsin startups, delivered with pitch coaching, industry-expert due diligence, post-investment strategic support, quarterly reviews, and introductions to VC funds and potential customers.

Quantifiable outcome

• In 2025, Tundra Angels' portfolio companies collectively raised over $70 million
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

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

Investments12 records

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

Frequently asked questions about Tundra Angels