INVESTOR NOTES / 001ANGEL INVESTOR / San Francisco, United States
Dara Khosrowshahi
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · San Francisco, United States

Dara Khosrowshahi.

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 PATTERN2014–2026
55%

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

First investment stage across 11 companies6 Seed, 0 Angel and 5 other-stage entries. Each dot represents one company.
Seed 6Angel 0Other 5

One dot = one company at first recorded investment.

11 companies · 11 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 21 Mar 2025
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

Dara Khosrowshahi has dated investments in 11 companies. 6 first entries were at Angel, Pre-Seed or Seed (54.5%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

Explore the evidence ↗
02

Separate activity from reputation

1 first company relationships appear in the latest 24 months, compared with 1 in the preceding window. The latest recorded investment is 2025-03-21. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

6 of 10 companies with a full 24-month observation window raised another equity round. This investor backed 0 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 3 portfolio companies; sector tags overlap. 0 first entries carry a recorded lead flag and the median first-round syndicate includes 11 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
$4.0M–$33M

The middle half of entry rounds

25th–75th percentile across 11 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
1companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 1 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
60%

Another equity round within 24 months

6 of 10 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
0%

This investor invested again within 24 months

0 of the same 10 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.

11matching companies
$10Mmedian first round (11 disclosed)
1first backed in last 24 months

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

Series A

dub ↗

Online platform for portfolio management

$30M total first round
Seed

Zamp ↗

Provider of digital employee solutions for finance and operations automation

$25M total first round
Seed

GitStart ↗

Cloud based automated software testing platform

$5.0M 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 CAll stages
Artificial Intelligence3
FinTech2
AI as a Service2
CFO Stack2
Future of Work2
Logistics SaaS2
Logistics Tech2
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
Seed6 disclosed
$4.0M$2.6M–$5.4M
Series A4 disclosed
$33M$25M–$45M
Series C1 disclosed
$156M$156M–$156M
$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.

10
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
60%
6 of 10 companies

Backed again by this investor

A subset of the companies above
0%
0 of 10 companies
i

Includes first investments on or before 22 May 2024. 1 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
Seed64 / 60 / 6
Series A31 / 30 / 3
Series C11 / 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
ANGEL

Hadi Partovi ↗

3 shared rounds · 3 companies

Latest shared round Aug 2021
02
ANGEL

Marc Benioff ↗

3 shared rounds · 3 companies

Latest shared round Aug 2021
03
ANGEL

Ali Partovi ↗

2 shared rounds · 2 companies

Latest shared round Oct 2015
04
FIRM

Allen & Company

2 shared rounds · 2 companies

Latest shared round Oct 2015
06
FIRM

Bezos Expeditions

2 shared rounds · 2 companies

Latest shared round Aug 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.

11 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
dub ↗New York City
Mar 2025Series A$30MNo later round recorded
Zamp ↗San Francisco
May 2022Seed$25MNo later round recorded
GitStart ↗San Francisco
May 2022Seed$5.0MNo later round recorded
Deed ↗Brooklyn
Dec 2021Series A$10MNo later round recorded
Firemaps ↗San Francisco
Aug 2021Seed$5.5MNo later round recorded
Saturn ↗New York City
Aug 2021Series A$35MNo later round recorded
Deel ↗San Francisco
Mar 2021Series C$156MNo later round recorded
ixLayer ↗San Francisco
Feb 2021Series A$75MNo later round recorded
Sep 2020Seed$3.0MNo later round recorded
Convoy ↗Seattle
Oct 2015Seed$2.5MNo later round recorded
Apr 2014Seed$600KNo later round recorded
0 more companies have undated investments

Kept in the 11-company portfolio; excluded from entry-timing calculations.

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