Groups

Gaingels has a global reach, with groups in New York, San Francisco and Los Angeles, and internationally in Toronto, Australia and London

 
 
 
 
 

Community

 

The Gaingels network combines the most accomplished founders and investors committed to supporting the portfolio.  

Through the power of our network, founders are connected to a valuable, global network of LGBT/Ally investors, gaining access to capital, investors’ business acumen and contacts.  In addition, as an affinity network, we care more, offer assistance, mentor and make introductions to propel these companies for further growth and M&A opportunities

Investors can insure their time and capital furthers the community while seeking to make profitable investments with above market returns.

 

Gaingels is proud to be partnered with Out Professionals, the nation’s leading LGBT non-profit network.

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Gaingels has proudly taken the Parity Pledge

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Co Founders/Managing Members

 
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David Beatty

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.

 
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Paul Grossinger

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.


Managing Directors

 
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Peter Steinberg

Peter has honed his expertise in website UX/UI, human-computer interaction, user analytics, SEO and online communities for 25 years. Following a 4.5 year run at online pioneer AOL (where he co-created some of the world’s first online personal ads) he then headed up product development at Zagat, moved on to Vindigo, spent a year at the CIA, and then joined nascent startup Meetup as one of their very first employees.

From 2003 to 2006, he led Meetup’s product through two vital evolutions: ensuring every Meetup group had a self-appointed Organizer (therefore dramatically improving the attendee experience) and then implementing a monthly fee for Organizers (thereby establishing a sustainable business model).

Subsequently he co-founded Flashlight Worthy Books and headed product (and served as interim CTO) at Food52. He's been a venture investor since 2007, all the while raising two sons with his wife. With his children past their seed stage, he made his exit to assume a Managing Member role with Gaingels at the beginning of 2019.

 
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Lorenzo Thione

Lorenzo is a serial entrepreneur and investor at the intersection of technology, art, commerce, and social value. He is a Tony-Award Winning Broadway producer (Hadestown) and the co-creator/producer of the George Takei Broadway musical Allegiance, of which he also directed/produced the record-breaking 2016 film. 

He’s co-founder/CEO of The Social Edge, and previously co-founded two other companies: Powerset (exited to Microsoft in 2008) and Artify.it as well as an active investor, board member, and advisor to many more startups.  

Lorenzo’s support of the LGBT entrepreneurial community predates his involvement with Gaingels - he’s also the co-founder/board chair emeritus of StartOut, the leading non-profit dedicated to fostering entrepreneurship within the LGBT community. He's an outspoken LGBT advocate and was twice named one of the most influential LGBT people in tech by Business Insider in 2014 and 2018.

 
 

Membership

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. 

To become a member, please fill out an application on our private portal by clicking below:

Gaingels members may be full members (accredited investors under SEC rules) or associates (non-accredited affiliates of the Gaingels 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. 

 

Entrepreneur application

The best way to reach us is through a referral from one of our members, co-investors or existing portfolio companies. Many of our members are active in affiliate groups such as StartOut, NGLCC, Out in Tech and Lesbians Who Tech.