Gaingels is a complete investment ecosystem for members of the LGBT community and its allies. Based out of New York, Gaingels invests in startup companies with at least one LGBT founder or senior leader with equity.
We've seen that our members value investing in our community and put great effort into assisting our portfolio companies. In turn exceptional founders seek out this type of assistance, and that produces stronger returns both for our investment portfolio and for the community.
The community also invests directly in our venture fund and accelerator partners and their deals. We have several charity partnerships and are preparing to roll out our own scholarship and mentoring program for LGBT students in 2017.
Gaingels has hub chapters in New York and Los Angeles, with newly launched chapters in Washington DC, London and Toronto. Truly we have a global reach, with members across five continents. We grow the network by responding to inbound requests for help to build local chapters.
Through Gaingels, LGBT founders and execs are connected to a valuable, global network of LGBT/Ally investors. They gain access to capital, investors’ business acumen and contacts. Investors can insure their time and capital furthers the LGBT community while seeking to make profitable investments with above market returns.
In our experience, affinity networks care more in their willingness to offer assistance, mentor and make introductions. This effect is amplified dramatically across 150+ people. Gaingels looks to combine the most accomplished founders we find through our network with a large pool of accomplished investors committed to supporting the portfolio. Through our investments we aim to propel these companies to further growth and M&A opportunities.
David is an entrepreneur and Angel investor. He is very active in promoting angel investing around the world as managing director of Golden Seeds and founder and managing partner of two other angel groups: MAIN, the Mekong angel investor network, leading delegations to invest in Southeast Asia, and Digital Irish Angels, a group of Irish Americans investing on the island of Ireland.
David is Chairman of Empire Messaging, Inc., a company he started in 1993 and ran until 2004, which provides Enterprise Messaging solutions to corporate clients. David has co-founded 3 other tech enabled companies with successful exits. David is a very active supporter of, and mentor to the early stage ecosystem in NY and is a frequent speaker and panelist on the topics of early stage fundraising and seed investing.
Paul Grossinger is a New York-based entrepreneur, angel investor and syndicator. As well as co-founding Gaingels, he is co-founder of Blue Jay, the first investment network backing Johns Hopkins alumni, and its allied student fund A-Level Capital and he teaches a short course on entrepreneurship annually at Johns Hopkins during January intersession. As a angel investor he has backed eight funds and 74 start ups.
As an entrepreneur he co-founded Pervasive Group and L&M Media and was the Chief Evangelist at Imperative. Paul is also a philanthropist, serving as a past Board of Governors member for StartOut and Board Member for Marriage Equality USA, an advisor for to Out in Tech, and as a Trustee Scholarship Advisory Group member for Johns Hopkins. A regular speaker and panelist, he also writes regularly for Inc.com and Huffington Post.
Gaingels currently has 150+ members worldwide, with concentrations in New York and the Los Angeles area.
Our members include venture capitalists, exited entrepreneurs, and leading angel investors from twelve venture capital funds, nine angel groups and over a dozen Fortune 500 companies.
Become a Member
Gaingels membership is by referral or invitation only. To become a member, contact our private portal, Network.Gaingels.com to speak with one of the syndicate directors. Our membership list and information about our deals is accessible on the private portal for accepted new members.
Gaingels members are asked to make a 20/20 Capital & Hours commitment. More details about our philosophy can be found in our presentation materials and by speaking with the directors.
Gaingels members may be full members (accredited investors under SEC rules) or associates (non-accredited affiliates of the Gaingels members).