INVESTOR NOTES / 001ANGEL INVESTOR / Palo Alto, United States
Amit Agarwal
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Palo Alto, United States

Amit Agarwal.

Recorded investments.
A clearer sense of fit.

Find where your company fits, how rounds are assembled, and what happened after the first investment.

THE ENTRY PATTERN2009–2026
71%

of dated first investments
were at Angel, Pre-Seed or Seed

First investment stage across 44 companies27 Seed, 4 Angel and 13 other-stage entries. Each dot represents one company.
Seed 27Angel 4Other 13

One dot = one company at first recorded investment.

44 companies · 53 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 16 Feb 2026
THE FOUNDER’S BRIEF

Read the pattern before the pitch.

Written insights from the recorded portfolio, with the evidence linked below.

01

Start with the first entry

Amit Agarwal has dated investments in 44 companies. 31 first entries were at Angel, Pre-Seed or Seed (70.5%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

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02

Separate activity from reputation

4 first company relationships appear in the latest 24 months, compared with 6 in the preceding window. The latest recorded investment is 2026-02-16. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

22 of 40 companies with a full 24-month observation window raised another equity round. This investor backed 7 of those companies again within that window. The difference is a reason to research the wider syndicate, rather than assume the same investor will fund the next round.

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04

Use a specific point of relevance

B2C E-Commerce is the largest displayed sector by company count, appearing in 7 portfolio companies; sector tags overlap. 4 first entries carry a recorded lead flag and the median first-round syndicate includes 17 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

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01 / THE READOUT

Four signals before you pitch.

Start with observed behavior.
Every rate has a defined denominator.

01 — ROUND CONTEXT
$290K–$5.4M

The middle half of entry rounds

25th–75th percentile across 43 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
4companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 6 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
55%

Another equity round within 24 months

22 of 40 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
18%

This investor invested again within 24 months

7 of the same 40 companies. Build a financing plan around the wider investor market.

Explore co-investors ↗
02 / FIND YOUR FIT

Where does your company sit?

Choose your sector and stage to find
companies he first backed in that space.

YOUR COMPANY

A match means a recorded investment in this category. It does not establish current interest or availability.

44matching companies
$1.0Mmedian first round (43 disclosed)
4first backed in last 24 months

All sectors · All entry stages. Round amounts are total financing, in USD.

Seed

Otto ↗

Provider of personalized investment planning and wealth management advisory services

$1.3M total first round
Series B

Pallet ↗

Provider of talent management services

$27M total first round
Seed

Solitario ↗

Online retailer of lab-grown diamond rings, necklaces, earrings, bracelets, and pendants

$3.6M total first round
Explore matching portfolio companies ↓

The sector × stage map

First investments · companies can appear in more than one sector
Number of first investments by sector and entry stage. Select a cell to explore companies.
SectorAngelSeedSeries AAll stages
B2C E-Commerce7
Retail Tech7
FinTech5
Food Tech4
HealthTech4
Internet First Brands3
Online Grocery3
03 / ROUND DESIGN

The round around the investor.

Use stage-specific financing ranges
to frame the size of your syndicate.

First-round size, by entry stage

USD · middle 50% and median
Angel3 disclosed
$265K$140K–$270K
Seed27 disclosed
$500K$279K–$1.5M
Series A8 disclosed
$7.4M$4.3M–$15M
$10K$100K$1M$10M

Logarithmic scale. A dot marks the median; the band spans the 25th–75th percentiles. These are entire rounds, not individual cheques.

04 / WHAT HAPPENS NEXT

One investment. Two different paths.

A subsequent round and repeat backing
answer different fundraising questions.

40
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
55%
22 of 40 companies

Backed again by this investor

A subset of the companies above
17.5%
7 of 40 companies
i

Includes first investments on or before 22 May 2024. 4 newer companies and 0 undated histories are excluded. Follow-up stops at the dataset’s latest round on 22 May 2026. These observations do not measure returns or predict a company’s outcome.

See the stage-by-stage denominators +
First stageEligible companiesNext round ≤24 moSame investor again ≤24 mo
Angel42 / 40 / 4
Seed2415 / 247 / 24
Series A84 / 80 / 8
Series B20 / 20 / 2
Series D11 / 10 / 1
Unattributed10 / 10 / 1
05 / INVESTMENT RHYTHM

New names. Returning relationships.

Separate first investments from later
rounds in companies already backed.

New companiesRepeat rounds

*2026 is partial, through 22 May. Bar height counts first investments + repeat rounds; earlier years are complete calendar periods in this dataset.

06 / THE CO-INVESTOR MAP

Who else belongs on your research list?

Frequent shared rounds suggest a place
to investigate sector and stage alignment.

01
FIRM

Indian Angel Network

9 shared rounds · 7 companies

Latest shared round Feb 2022
02
ANGEL

Raman Roy ↗

8 shared rounds · 5 companies

Latest shared round Feb 2022
03
ANGEL

Gopal Menon ↗

6 shared rounds · 5 companies

Latest shared round Feb 2022
04
ANGEL

Vikas Kapoor ↗

6 shared rounds · 4 companies

Latest shared round Jun 2021
05
FIRM

Vista Business Ventures

6 shared rounds · 4 companies

Latest shared round Jun 2021

Shared rounds establish recorded co-investment. They do not establish a personal connection, introduction route, or current willingness to invest.

07 / THE EVIDENCE

Explore the portfolio.

First investment comes first.
Amounts refer to that entry round.

44 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Otto ↗Bengaluru
Feb 2026Seed$1.3MNo later round recorded
Pallet ↗New York City
May 2025Series B$27MNo later round recorded
Feb 2025Seed$3.6MNo later round recorded
Oct 2024Seed$595KNo later round recorded
May 2024Series A$5.8MNo later round recorded
Dec 2023Seed$1.7MNo later round recorded
Jul 2023Seed$20MNo later round recorded
Gabit ↗Gurugram
Aug 2022Seed$9.5MNo later round recorded
Newmi ↗Gurugram
Aug 2022Seed$456KNo later round recorded
Jun 2022Seed$2.5MYes · Mar 2024
Tinybird ↗New York City
Apr 2022Series A$37MNo later round recorded
Arena ↗San Francisco
Mar 2022Series A$14MNo later round recorded
Feb 2022Seed$134KNo later round recorded
Dec 2021Angel$265KNo later round recorded
upliance ↗Bengaluru
Dec 2021Seed$1.6MNo later round recorded
SaaS Labs ↗San Francisco
Nov 2021Series B$42MNo later round recorded
Jun 2021Seed$687KNo later round recorded
Pratilipi ↗Bengaluru
Jun 2021Series D$50MNo later round recorded
Pinwheel ↗New York City
Jun 2021Series A$20MNo later round recorded
Mar 2021Series A$5.0MNo later round recorded
Mar 2021Seed$1.8MNo later round recorded
Feb 2021Seed$238KNo later round recorded
Breww 47 ↗Gurugram
Feb 2021Seed$238KNo later round recorded
Jan 2021Seed$1.3MNo later round recorded
Sym ↗Boston
Oct 2020Series A$9.0MNo later round recorded
Svami ↗Mumbai
Oct 2020Series A$1.0MNo later round recorded
Aug 2020Series B$47MNo later round recorded
Wellcure ↗Gurugram
Jul 2020Seed$200KNo later round recorded
Apr 2020Seed$343KNo later round recorded
Mar 2020Seed$67KYes · Apr 2021
UniHyr ↗Gurugram
Sep 2019Seed$198KNo later round recorded
Dec 2018Seed$500KNo later round recorded
May 2018Angel$15KNo later round recorded
Schoolay ↗Bengaluru
Apr 2018AngelUndisclosedNo later round recorded
Apr 2018Series A$2.0MNo later round recorded
Apr 2018Seed$1.2MYes · Sep 2018
Dec 2017Seed$251KYes · Oct 2018
Jun 2017Seed$1.0MYes · May 2018
Nov 2016Seed$307KYes · Aug 2018
Jul 2016Seed$464KYes · May 2018
eGlu ↗Bengaluru
Jan 2016Seed$398KYes · Jul 2021
Mar 2015Angel$274KNo later round recorded
Jun 2014Seed$448KNo later round recorded
Mar 2009Unattributed$34KNo later round recorded
0 more companies have undated investments

Kept in the 44-company portfolio; excluded from entry-timing calculations.

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