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

Angel investor · San Francisco, United States

Marc Benioff.

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 PATTERN2008–2026
32%

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

First investment stage across 98 companies28 Seed, 3 Angel and 67 other-stage entries. Each dot represents one company.
Seed 28Angel 3Other 67

One dot = one company at first recorded investment.

98 companies · 118 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 13 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

Marc Benioff has dated investments in 98 companies. 31 first entries were at Angel, Pre-Seed or Seed (31.6%). 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

6 first company relationships appear in the latest 24 months, compared with 5 in the preceding window. The latest recorded investment is 2026-03-13. This describes observed activity through 2026-05-22; it does not establish current availability.

Explore the evidence ↗
03

Plan the next financing step

47 of 92 companies with a full 24-month observation window raised another equity round. This investor backed 6 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.

Explore the evidence ↗
04

Use a specific point of relevance

HealthTech is the largest displayed sector by company count, appearing in 19 portfolio companies; sector tags overlap. 5 first entries carry a recorded lead flag and the median first-round syndicate includes 5 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

Explore the evidence ↗
01 / THE READOUT

Four signals before you pitch.

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

01 — ROUND CONTEXT
$4.4M–$30M

The middle half of entry rounds

25th–75th percentile across 92 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
6companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 5 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
51%

Another equity round within 24 months

47 of 92 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

6 of the same 92 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.

98matching companies
$14Mmedian first round (92 disclosed)
6first backed in last 24 months

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

Seed

Enclave ↗

Provider of AI-powered code security platform that triages and catches vulnerabilities

$6.0M total first round
Series A

Parallel Bio ↗

Limited information available

$21M total first round
Series A

Fyxer ↗

Provider of AI powered email and meeting management tools

$10M 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
HealthTech19
FinTech15
Life Sciences10
Artificial Intelligence10
Healthcare IT10
MarketingTech6
B2C E-Commerce6
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
$1.8M$1.1M–$2.4M
Seed25 disclosed
$2.5M$1.5M–$4.4M
Series A30 disclosed
$15M$9.3M–$25M
$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.

92
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
51.1%
47 of 92 companies

Backed again by this investor

A subset of the companies above
6.5%
6 of 92 companies
i

Includes first investments on or before 22 May 2024. 6 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
Angel31 / 30 / 3
Seed2717 / 271 / 27
Series A3017 / 304 / 30
Series B2310 / 230 / 23
Series C51 / 51 / 5
Series D41 / 40 / 4
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

Khosla Ventures

17 shared rounds · 14 companies

Latest shared round Sep 2024
02
FIRM

Founders Fund

7 shared rounds · 5 companies

Latest shared round Mar 2021
03
FIRM

AME Cloud Ventures

6 shared rounds · 5 companies

Latest shared round Feb 2021
04
FIRM

Benchmark

6 shared rounds · 2 companies

Latest shared round Mar 2015
05
FIRM

Shasta Ventures

6 shared rounds · 2 companies

Latest shared round Dec 2018
06
FIRM

Breyer Capital

5 shared rounds · 4 companies

Latest shared round Dec 2024

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.

98 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Enclave ↗Tel Aviv
Mar 2026Seed$6.0MNo later round recorded
Jun 2025Series A$21MNo later round recorded
Fyxer ↗London
Mar 2025Series A$10MNo later round recorded
Norm Ai ↗New York City
Mar 2025Series B$48MNo later round recorded
SandboxAQ ↗Palo Alto
Dec 2024Series A$300MNo later round recorded
World Labs ↗San Francisco
Sep 2024Series D$230MNo later round recorded
Weev
Mar 2024SeedUndisclosedNo later round recorded
Vital ↗Toronto
Jul 2023Series A$48MNo later round recorded
Artera ↗Menlo Park
Mar 2023Series A$90MNo later round recorded
Kresus ↗San Francisco
Mar 2023Series A$25MNo later round recorded
DREM ↗Stockholm
Jan 2023Seed$2.7MNo later round recorded
Warp ↗New York City
Apr 2022Series A$17MNo later round recorded
Nov 2021Seed$20MNo later round recorded
Nov 2021Series B$45MNo later round recorded
Oct 2021Series B$50MNo later round recorded
Oct 2021Seed$3.5MNo later round recorded
Mast ↗Seattle
Sep 2021Series A$36MNo later round recorded
Aug 2021Seed$6.4MNo later round recorded
Saturn ↗New York City
Aug 2021Series A$35MNo later round recorded
breakr ↗United States
Jul 2021Seed$4.2MNo later round recorded
May 2021Series B$15MNo later round recorded
May 2021Series C$100MNo later round recorded
Routable ↗San Francisco
Apr 2021Series B$30MNo later round recorded
Mar 2021Series A$9.0MNo later round recorded
Chainalysis ↗New York City
Mar 2021Series D$100MNo later round recorded
Forward ↗San Francisco
Mar 2021Series D$225MNo later round recorded
Pipe ↗Los Angeles
Mar 2021Series B$50MNo later round recorded
Mar 2021Series A$25MNo later round recorded
January ↗San Francisco
Feb 2021Series B$8.8MNo later round recorded
Calm ↗San Francisco
Dec 2020Series C$75MNo later round recorded
NCX ↗San Francisco
Dec 2020Seed$4.4MYes · Mar 2022
Armory ↗San Francisco
Oct 2020Series C$40MNo later round recorded
Mandolin ↗Indianapolis
Oct 2020Seed$5.0MNo later round recorded
Humane ↗San Francisco
Sep 2020Series A$30MNo later round recorded
Sep 2020Series B$30MNo later round recorded
Sep 2020Seed$3.0MNo later round recorded
Lightship ↗El Segundo
Feb 2020Series B$20MNo later round recorded
Vineti ↗San Francisco
Feb 2020Series C$35MYes · Oct 2020
Astra ↗Alameda
Feb 2020Series B$100MNo later round recorded
Viome ↗Los Alamos
Nov 2019Series B$36MYes · Oct 2022
Blokable ↗Sacramento
Aug 2019Series A$23MNo later round recorded
Velano Vascular ↗San Francisco
May 2019Series B$10MNo later round recorded
Harness Wealth ↗New York City
Dec 2018Seed$4.0MYes · Jun 2021
Nov 2018Seed$2.0MNo later round recorded
Pivot ↗San Carlos
Oct 2018Series B$25MNo later round recorded
Oct 2018Series B$25MNo later round recorded
100 Thieves ↗Los Angeles
Oct 2018Series AUndisclosedYes · Jul 2019
StockX ↗Detroit
Sep 2018Series B$44MNo later round recorded
Penrose ↗San Francisco
Jul 2018Series A$10MNo later round recorded
Windward ↗Tel Aviv
Jul 2018Series C$17MNo later round recorded
GUN ↗Redwood City
May 2018Seed$1.5MNo later round recorded
Care Zone ↗San Francisco
May 2018Series D$50MNo later round recorded
Suki ↗Redwood City
May 2018Series A$15MNo later round recorded
Mar 2018Series A$17MYes · Jan 2019
Neurotrack ↗Redwood City
Mar 2018Series B$14MNo later round recorded
Averon ↗San Francisco
Jan 2018Series A$5.0MNo later round recorded
Nov 2017Series B$30MNo later round recorded
Thrive Global ↗New York City
Nov 2017Series B$30MNo later round recorded
Aug 2017Series B$20MNo later round recorded
Mira ↗Los Angeles
Jul 2017SeedUndisclosedNo later round recorded
AnyRoad ↗San Francisco
Jun 2017SeedUndisclosedNo later round recorded
Pinscreen ↗Santa Monica
Aug 2016Seed$1.8MNo later round recorded
May 2016Series B$12MYes · Jun 2018
Taranis ↗Westfield
Mar 2016Seed$2.0MNo later round recorded
Rainforest QA ↗San Francisco
Feb 2016Series A$12MNo later round recorded
IfOnly ↗San Francisco
Feb 2016Series B$10MNo later round recorded
BirdEye ↗Sunnyvale
Feb 2016Series A$8.0MNo later round recorded
Birdeye ↗Palo Alto
Jan 2016Series A$8.0MNo later round recorded
Convoy ↗Seattle
Oct 2015Seed$2.5MNo later round recorded
Datawallet ↗San Francisco
Jul 2015Angel$300KNo later round recorded
Jun 2015Series AUndisclosedNo later round recorded
Jun 2015Series AUndisclosedYes · Oct 2021
Kano ↗London
May 2015Series A$24MYes · Nov 2017
Hedgy ↗San Francisco
Apr 2015Seed$1.2MNo later round recorded
MileIQ ↗San Francisco
Jan 2015Series A$12MNo later round recorded
Rubicon ↗Portland
Dec 2014Series B$30MNo later round recorded
Connect ↗San Francisco
Dec 2014Series A$10MNo later round recorded
MetaMind ↗Palo Alto
Dec 2014Seed$8.0MNo later round recorded
Breezeworks ↗San Francisco
Nov 2014Series A$5.1MNo later round recorded
Loopd ↗San Francisco
Oct 2014Seed$1.0MNo later round recorded
Sep 2014Seed$1.5MNo later round recorded
Eptura ↗Atlanta
Sep 2014Seed$1.5MNo later round recorded
Envoy ↗San Francisco
Sep 2014Seed$1.5MNo later round recorded
HandUp ↗San Francisco
Jul 2014Seed$850KNo later round recorded
RedOwl ↗Baltimore
Jun 2014Series A$11MYes · Jul 2015
Vicarious ↗San Francisco
Mar 2014Series B$40MNo later round recorded
Liftopia ↗San Francisco
Oct 2013Series D$5.0MNo later round recorded
Compass ↗New York City
Oct 2013Series A$28MYes · Jul 2014
North ↗Kitchener
Jun 2013Series A$15MNo later round recorded
Upstart ↗Palo Alto
Apr 2013Series A$5.9MNo later round recorded
Clinkle ↗San Francisco
Apr 2013Seed$25MNo later round recorded
Brandcast ↗San Francisco
Apr 2013Angel$1.8MYes · Dec 2018
Duetto ↗San Francisco
Apr 2012Seed$2.1MYes · Jul 2014
Cloudwords ↗San Francisco
Apr 2011Angel$3.0MNo later round recorded
Zuora ↗Redwood City
Oct 2008Series B$15MYes · Nov 2010
Zocdoc ↗New York City
Aug 2008Series A$3.0MNo later round recorded
Tapulous ↗Palo Alto
Jul 2008Seed$1.8MNo later round recorded
Mashery ↗San Francisco
Jun 2008Series A$2.0MNo later round recorded
0 more companies have undated investments

Kept in the 98-company portfolio; excluded from entry-timing calculations.

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