|Headquarters||San Francisco, CA|
|Key people||Thomas Korte|
AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte with six former Google employees. AngelPad provides mentorship, seed money, and networking at two 10-week courses per year.
AngelPad attracted attention in August 2011 after announcing that each of its startups will have the option to accept $100,000 from two venture capital firms at the start of their class.
The program consists of ten weeks of mentorship, brainstorming, fundraising, and pragmatic advice, concluding with a "Demo Day" in which companies present their value propositions and ideas to hundreds of investors.
The application process consists of a written application, starting on the incubator's website.
Fewer than 15 startups were selected out of a pool of 800 applicants for the Winter 2011 class, for an acceptance rate of 1.9%.
Notable portfolio companies
Several AngelPad companies have already attracted subsequent rounds of investment. The companies are: CoverHound, Crittercism, LocBox, MoPub, Postmates, Pogoseat, Ribbon, Rolepoint and Vungle.
All portfolio companies
- "AngelPad: Seven Ex-Googlers Are About To Launch A New Incubator". TechCrunch. Retrieved 2011-08-18.
- "Halo Effect: All AngelPad Companies Will Get $100K Investment Offers From 2 VC Firms". TechCrunch. Retrieved 2011-08-18.
- "About AngelPad". AngelPad. Retrieved 2011-08-16.
- Lynley, Matthew (2011-03-29). "AngelPad’s 13 Demo Day Darlings". New York Times. Retrieved 2011-08-15.
- "Sneak Preview: AngelPad May 2013 Graduates". Wall Street Journal. Retrieved Sep 18, 2013.
- "Data from VentureBeat". VentureBeat.
- "AngelPad’s 62 Companies Raised $56 Million In 2012; Round Size Grew Year-Over-Year". TechCrunch.