1248 Angels

What 1248 Angels does

1248 Angels is a privately-held, community-led angel investment group headquartered in Atlanta, Georgia, founded in 2021 by De'Havia Stewart and Jewel Walker. The firm invests at the seed and Series A stages in post-revenue companies that use emerging technology, writing initial checks of up to $150,000 with selective follow-on participation. Its thesis is organized around four verticals: healthcare, financial services, business enablement, and consumer essentials, with a stated emphasis on founders addressing large, overlooked markets and building diversified cap tables.

The group's core product is curated deal flow, connecting a network of 200+ accredited investors — including medical and legal professionals, senior executives, and operators — with early-stage companies. The platform is supported by ecosystem partnerships with Goodie Nation, BLCK VC, Morehouse's CBE, and Camelback Ventures, and includes the Equity Wings investor-education program launched in August 2024. Disclosed portfolio companies include Backpack Healthcare (Medicaid mental health), Dr. Bombay (CPG, co-founded with Snoop Dogg), Omega 3 Nutrition (B2B pediatric nutrition), River Health (primary care for part-time workers), and Upward Financial (B2B fintech for the credit-invisible). The firm reports that most portfolio companies grow at nearly 2x year-over-year, with top performers at 4x+, and that it helps portfolio companies raise approximately $2.5M in additional capital alongside its investment.

Economically, 1248 Angels is a deal-by-deal investment platform rather than a disclosed fund manager. The firm does not publish AUM, management fees, or fund vintage information, and no traditional revenue stream is disclosed. Returns are realized through portfolio company exits, follow-on funding rounds, and equity appreciation. The company is led by two co-founders and supported by a regional ecosystem in the Atlanta/Southeast, with recent activity (a January 2026 Upward Financial investment and February 2026 NOSH.com coverage) indicating ongoing, active deployment.

Name

1248 Angels

Legal name

1248 Angels

Website

https://1248angels.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

1248 Angels is a private, community-led angel investment group in Atlanta that writes seed and Series A checks of up to $150K into healthcare, fintech, consumer, and business-enablement startups, connecting a 200+ accredited-investor network with early-stage founders.

Ownership category

akta.pro rank

Product category

Angel Investment Services

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Angel investment network
• Early-stage venture capital
• Seed stage investing
• Accredited investor network
• Startup funding services

Headquarters

HQ city

Atlanta

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

Revenue model

1. Angel Investment Returns: 1248 Angels generates returns through equity investments in early-stage startups. They write initial checks up to $150,000 with selective follow-on participation. Returns are realized through portfolio company exits, follow-on funding rounds, and equity appreciation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

1248 Angels is an early-stage angel investment group that connects a network of 200+ accredited investors with post-revenue startups in essential sectors. The group writes seed and Series A checks of up to $150,000 with selective follow-on participation, and supports portfolio companies in raising an average of approximately $2.5M in additional capital. Focus verticals include healthcare, financial services, business enablement, and consumer essentials.

Product overview

1248 Angels operates as an early-stage investment platform rather than a traditional product company. The company connects accredited investors with high-growth startups through a thesis-driven approach focused on healthcare, financial services, consumer essentials, and business enablement sectors. Their core offering consists of seed and Series A investment services with checks up to $150,000, complemented by a portfolio of five portfolio companies: Backpack Healthcare (mental health services for Medicaid populations), Dr. Bombay (better-for-you consumer products), Omega 3 (B2B child nutrition products), River Health (primary care platform for part-time workers), and Upward Financial (B2B fintech for underserved individuals). The platform also includes an Equity Wings program to upskill accredited investors.

Differentiator

Problem solved

Functional benefit

Brands

• Equity Wings: A program launched in partnership with Goodie Nation, BLCK VC, and Morehouse's CBE to upskill accredited investors.

Products and services

• Seed and Series A Investment Services

Quantifiable outcome

• Most portfolio companies grow at nearly 2x year-over-year, with top performers achieving 4x+ growth
• +1 more outcomes

Named customers5 records

Segments5 records

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 and core.

• Camelback VenturesminorStrategic or Co-development Partner · 1 October 20251248 Angels hosted an Impact Investing Breakfast with Camelback Ventures during InnovATL 2025 at the Cox Executive Suite in Ponce City Market, bringing together 40 angel investors for education and networking.
• Goodie NationcoreGTM or Marketing Partner · 1 August 20241248 Angels partnered with Goodie Nation, BLCK VC, and Morehouse's CBE to launch Equity Wings, a program designed to upskill accredited investors in early-stage investing and ecosystem participation.
• BLCK VCcoreGTM or Marketing Partner · 1 August 20241248 Angels partnered with BLCK VC, Goodie Nation, and Morehouse's CBE to launch Equity Wings, an initiative to increase diversity and accessibility in angel investing through investor education.
• Morehouse College Business Center (CBE)coreStrategic or Co-development Partner · 1 August 20241248 Angels partnered with Morehouse's CBE along with Goodie Nation and BLCK VC to launch Equity Wings, a program to upskill accredited investors with a focus on increasing diverse participation in early-stage investing.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Techstars: Techstars is a global accelerator and micro-VC platform running thousands of early-stage investments per year. Acts as a broad incumbent benchmarking 1248 Angels' seed-stage, accelerator-style thesis, although with much larger check sizes and operational scale.
• Y Combinator: Y Combinator is the world's leading startup accelerator, funding thousands of early-stage companies with a standard deal. Functions as a broad incumbent shaping the early-stage landscape in which 1248 Angels competes for post-seed, post-revenue founders.

Direct peers

• Visible Hands: Visible Hands is a Cambridge, MA-based micro-VC and accelerator backing diverse founders in essential industries. Directly comparable as a thesis-driven early-stage investor focused on underrepresented founders, with structured programming akin to 1248 Angels' Equity Wings.
• Goodie Nation: Goodie Nation is an Atlanta-based ecosystem builder supporting Black, Brown, and women founders. Comparable as a strategic partner of 1248 Angels (Equity Wings) and as an Atlanta Southeast player operating investor-education programming in the same thesis geography.
• Pipeline Angels: Pipeline Angels is a network of angel investors (predominantly women and nonbinary) funding early-stage, socially responsible startups. Comparable as a community-driven angel network educating accredited investors and backing diverse founders, parallel to the Equity Wings thesis.
• Earnest Ventures: Earnest Ventures is a venture firm supporting diverse and underestimated founders through early-stage capital and education. Mirrors 1248 Angels' thesis on overlooked markets and credentialed-operator networks, with comparable check sizes and LP composition.
• Backstage Capital: Backstage Capital is a venture fund and accelerator dedicated to investing in underrepresented founders (women, people of color, LGBTQ+). Highly comparable as a mission-aligned, community-led angel/seed vehicle operating in the same underserved-founder thesis as 1248 Angels.
• New Voices Fund: New Voices Fund is a minority-led early-stage venture capital fund investing in high-growth, diverse-founded companies. Directly comparable to 1248 Angels on mission, fund size, and target-founder profile, with overlapping portfolio categories (consumer, healthcare, fintech).
• BLCK VC: BLCK VC is a community of Black venture investors and ecosystem partners. Closely related to 1248 Angels as a co-developer of the Equity Wings program and as a fellow network-driven organization operating in the same Atlanta/Southeast and diverse-founder space.

Regional players

• Atlanta Ventures: Atlanta Ventures is a regional early-stage investment firm focused on Atlanta and the Southeast, operating community and syndicate vehicles. Geographically overlapping with 1248 Angels and competing in the same Atlanta-rooted deal ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/1248-angels

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about 1248 Angels