Status
ACTIVE
Global HQ
Burlington, United States
Countries of investment
- United States
- Australia
- United Kingdom
- Canada
Investment stages
- Seed
- Series A
- Series B
- Growth
Industries
- Technology
- Health Tech
About
Gaingels is one of the largest and most active venture investment syndicates focused on promoting diversity, equity, and inclusion by backing companies led by underrepresented founders particularly from the LGBTQIA+ community and its allies.
Gaingels is one of the largest and most active venture investment syndicates focused on promoting diversity, equity, and inclusion by backing companies led by underrepresented founders particularly from the LGBTQIA+ community and its allies.
Investment Thesis
Gaingels is a pioneering investment syndicate that co-invests in companies with underrepresented and diverse leadership, particularly LGBTQIA+ founders, across sectors and stages. It partners with lead VCs in oversubscribed rounds and reinforces diversity through initiatives like its Diversity Term Sheet Rider and Venture Inclusion Program. The firm’s mission is to drive social change through business while delivering strong financial returns.
Manager's Experience
Gaingels, launched in 2014, stands out for its focus on diverse and LGBTQ+ founders, led by co-founders David Beatty and Paul Grossinger alongside CEO Jennifer Jeronimo. While exact years of managerial experience are not highlighted, their rapid scaling from a five-million-dollar syndicate in 2018 to a fifty-million-dollar fund in 2020 demonstrates their ability to grow investment platforms with agility.
Team
Jennifer Jeronimo – CEO
General Partner
David Beatty – Co-founder & General Partner
Peter Steinberg – General Partner
Paul Grossinger – Co-founder & General Partner
Lorenzo Thione – General Partner
Max Frenkel – General Partner
David Weisburd – Venture Advisor
Ashley Flucas – Venture Partner
Portfolio
FlyCoin
Brex
Carta
Better
Ro (fka Roman)
Jackpocket
Bolt
Dataiku
Relativity Space
Worldcoin
Udemy
WHOOP
Figure
ByHeart
Blockstream