INVESTOR NOTES / 001ANGEL INVESTOR / Boston, United States
Arash Ferdowsi
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Boston, United States

Arash Ferdowsi.

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 PATTERN2016–2026
58%

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

First investment stage across 60 companies35 Seed, 0 Angel and 25 other-stage entries. Each dot represents one company.
Seed 35Angel 0Other 25

One dot = one company at first recorded investment.

61 companies · 65 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 09 Mar 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

Arash Ferdowsi has dated investments in 60 companies. 35 first entries were at Angel, Pre-Seed or Seed (58.3%). 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

18 first company relationships appear in the latest 24 months, compared with 34 in the preceding window. The latest recorded investment is 2026-03-09. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

13 of 42 companies with a full 24-month observation window raised another equity round. This investor backed 3 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

Artificial Intelligence is the largest displayed sector by company count, appearing in 14 portfolio companies; sector tags overlap. 0 first entries carry a recorded lead flag and the median first-round syndicate includes 7 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
$3.4M–$17M

The middle half of entry rounds

25th–75th percentile across 59 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
18companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 34 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
31%

Another equity round within 24 months

13 of 42 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
7%

This investor invested again within 24 months

3 of the same 42 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.

60matching companies
$6.4Mmedian first round (59 disclosed)
18first backed in last 24 months

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

Seed

Crafting ↗

Cloud integrated development environment for multi-services applications

$5.5M total first round
Series A

Humand ↗

Mobile-based suite solutions for enterprise collaboration

$66M total first round
Series A

Artie ↗

Developer of free-to-play battle game

$15M 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.
SectorSeedSeries ASeries BAll stages
Artificial Intelligence14
FinTech13
CFO Stack7
Application Development Tools6
Finance & Accounting Tech6
HRTech4
Cybersecurity4
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
Seed35 disclosed
$3.5M$3.1M–$5.3M
Series A17 disclosed
$20M$10M–$22M
Series B6 disclosed
$30M$17M–$55M
$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.

42
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
31%
13 of 42 companies

Backed again by this investor

A subset of the companies above
7.1%
3 of 42 companies
i

Includes first investments on or before 22 May 2024. 18 newer companies and 1 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
Seed287 / 283 / 28
Series A83 / 80 / 8
Series B63 / 60 / 6
Series C00 / 00 / 0
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

Y Combinator

20 shared rounds · 20 companies

Latest shared round Feb 2026
02
FIRM

Soma Capital

8 shared rounds · 8 companies

Latest shared round Aug 2023
03
FIRM

Rebel Fund

7 shared rounds · 6 companies

Latest shared round Aug 2023
04
FIRM

FoundersX Ventures

6 shared rounds · 3 companies

Latest shared round Apr 2025
05
FIRM

Pioneer Fund

5 shared rounds · 3 companies

Latest shared round May 2024
06
FIRM

WndrCo

5 shared rounds · 5 companies

Latest shared round Mar 2026

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.

60 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Crafting ↗Palo Alto
Mar 2026Seed$5.5MNo later round recorded
Humand ↗Buenos Aires
Feb 2026Series A$66MNo later round recorded
Artie ↗San Francisco
Nov 2025Series A$15MNo later round recorded
Oneleet ↗Amsterdam
Oct 2025Series A$33MNo later round recorded
CuspAI ↗Cambridge
Sep 2025Series A$100MNo later round recorded
Antimetal ↗New York City
Jun 2025Series A$20MNo later round recorded
Laurel ↗San Francisco
Jun 2025Series C$100MNo later round recorded
Glide ↗New York City
May 2025Series A$15MNo later round recorded
Spur ↗New York City
Apr 2025Seed$4.5MNo later round recorded
Mar 2025Series A$25MNo later round recorded
Hero ↗San Francisco
Feb 2025Seed$4.0MNo later round recorded
Jan 2025Seed$1.1MNo later round recorded
Advex ↗San Francisco
Nov 2024Seed$3.5MNo later round recorded
Oct 2024Series A$20MNo later round recorded
Oct 2024Series A$20MNo later round recorded
Reducto ↗San Francisco
Oct 2024Seed$8.4MNo later round recorded
Gumloop ↗San Francisco
Jul 2024Seed$3.1MNo later round recorded
Unify ↗London
Jun 2024Series A$8.0MNo later round recorded
Salvy ↗Curitiba
May 2024Seed$1.9MNo later round recorded
PawCo ↗San Francisco
Feb 2024Seed$2.0MNo later round recorded
Artie ↗San Francisco
Feb 2024Seed$3.3MNo later round recorded
Alinea ↗New York City
Jan 2024Seed$3.4MYes · Apr 2025
Dec 2023Seed$2.0MNo later round recorded
Respell ↗San Francisco
Dec 2023Seed$4.8MNo later round recorded
Elicit ↗Oakland
Sep 2023Seed$9.0MNo later round recorded
Mesh ↗San Francisco
Sep 2023Series A$22MNo later round recorded
Speak ↗San Francisco
Aug 2023Series B$16MNo later round recorded
Aug 2023Series B$16MNo later round recorded
Aug 2023Seed$3.0MNo later round recorded
Novig ↗New York City
Aug 2023Seed$6.4MNo later round recorded
Socket ↗Stanford
Aug 2023Series A$20MNo later round recorded
Frigade ↗San Francisco
Jul 2023Seed$3.0MNo later round recorded
JustPaid.ai ↗Mountain View
Jun 2023Seed$3.5MNo later round recorded
Jun 2023Seed$3.5MNo later round recorded
Anysphere ↗San Francisco
Jun 2023Seed$11MNo later round recorded
May 2023Seed$6.6MNo later round recorded
Locofy ↗Singapore
May 2023Seed$4.3MNo later round recorded
Ampersand ↗San Francisco
Apr 2023Series A$4.7MNo later round recorded
Mar 2023Series AUndisclosedNo later round recorded
Frond ↗San Francisco
Feb 2023Seed$3.3MNo later round recorded
Capsule ↗United States
Jan 2023Seed$4.8MNo later round recorded
Wispr Flow ↗San Francisco
Oct 2022Series A$10MNo later round recorded
Oct 2022Series A$10MNo later round recorded
Oct 2022Seed$5.0MNo later round recorded
Golden ↗San Francisco
Oct 2022Series B$40MNo later round recorded
Imbue ↗San Francisco
Oct 2022Series B$20MNo later round recorded
Workstream ↗San Francisco
Sep 2022Series B$60MNo later round recorded
Rebill ↗Buenos Aires
Aug 2022Series A$3.6MNo later round recorded
Bemlo ↗Stockholm
Aug 2022Seed$3.3MNo later round recorded
Jul 2022Seed$10MYes · Apr 2023
Kapital ↗Mexico City
Jul 2022Seed$10MYes · Apr 2023
Rider ↗Karachi
Jun 2022Seed$3.1MNo later round recorded
May 2022Seed$2.5MNo later round recorded
BharatX ↗Bengaluru
Mar 2022Seed$4.5MNo later round recorded
Bloom ↗London
Mar 2022Seed$6.5MNo later round recorded
Lavender ↗New York
Feb 2022Seed$2.2MNo later round recorded
Oct 2021Series B$60MNo later round recorded
Aug 2021Seed$2.0MNo later round recorded
Twingate ↗Redwood City
Oct 2020Series A$17MNo later round recorded
Fleetsmith ↗San Francisco
Nov 2016Seed$3.1MNo later round recorded
1 more companies have undated investments

Kept in the 61-company portfolio; excluded from entry-timing calculations.

  • Raylu · Seed · date unavailable
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