
AngelPad
Investments
206Portfolio Exits
40Funds
3About AngelPad
AngelPad is a mentorship program. It helps website technology startups build better products, raise funding to succeed, and grow more successful businesses. It was founded in 2010 and is based in San Francisco, California.

Want to inform investors similar to AngelPad about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest AngelPad News
Jul 31, 2023
Ampcontrol – a leading AI-powered software solution for fleet operators – recently announced $10 million in Series A financing to enable its next growth stage. The Westly Group led the funding round with participation from existing investors AngelPad and Lorimer Ventures. Fleet operators face critical challenges when switching from internal combustion engines to electric vehicles. Problems range from high energy costs, low charger reliability, and late departure of vehicles. And since 2019, over 20 fleet operators across the US, Europe, Latin America, and Africa have used Ampcontrol’s software to ensure on-time departures, maintain low energy costs, and reduce EV charger downtime. Ampcontrol works with some of the largest fleet operators in the world. And the company’s customers include WattEV, First Bus, Revel, and one of the largest global commercial truck manufacturers. Customers like Revel use Ampcontrol’s AI-powered software to save 45%+ on monthly energy costs. After years of consulting with energy companies, Ampcontrol CEO and founder Joachim Lohse leveraged his knowledge of the grid and EV fleets to build software that would help fleet operators maintain a high charger uptime, plan routes, coordinate with energy tariffs, and monitor their vehicles and chargers with live data. And this laser focus on electric fleets allows Ampcontrol to support fleets in various industries and use cases, including transportation & logistics, transit buses, rideshare & taxi, food & beverages, and school buses. Ampcontrol’s software connects to the EV charging hardware and vehicles to make real-time decisions and provide detailed monitoring tools to fleet operators. And Ampcontrol offers 24/7 hardware monitoring, OCPP charger communication, fleet management, dynamic load management, V2G integrations, alerts & notification systems, and more. And the software has a best-in-class uptime of 99.995%, which makes it the most reliable software system in the market for EV fleet charging. Fleet operators also benefit from Ampcontrol’s vehicle telematics integrations with partners such as Geotab. KEY QUOTES: “We believe Ampcontrol’s innovative AI platform offers the tools we need to optimize and monitor our EV charge points. The company’s vision aligns closely with our goals, and we are thrilled to be working with them.” — Ihor Starepravo, Head of Software of WattEV “We are thrilled to announce the addition of The Westly Group to our team, as one of the early investors in Tesla and other electrification companies, they fully embrace our vision for Ampcontrol. Building a company does not come with a playbook, and there is no set formula to follow, but with support from partners like The Westly Group, AngelPad, and Lorimer Ventures, we are confident in our ability to become the technology leader for electric fleets.” — Ampcontrol CEO and Founder Joachim Lohse “We couldn’t be more excited to support Ampcontrol’s vision to become the leading software platform for electric fleets. Every commercial vehicle manufacturer is moving electric and will need a new suite of tools to manage the operations and energy of their fleet. We have evaluated almost every early-stage company in this sector, and Ampcontrol has built the strongest, most reliable, and advanced charging product in the market.” — Emily Fritze, Partner at The Westly Group Trending on Pulse 2.0
AngelPad Investments
206 Investments
AngelPad has made 206 investments. Their latest investment was in Ampcontrol as part of their Series A on July 7, 2023.

AngelPad Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/26/2023 | Series A | Ampcontrol | $10M | Yes | 1 | |
11/10/2022 | Seed VC - II | Bloom | $8M | Yes | 1 | |
3/8/2022 | Series B | Forma | $40M | No | 17 | |
8/31/2021 | Series B | |||||
8/30/2021 | Series A - II |
Date | 7/26/2023 | 11/10/2022 | 3/8/2022 | 8/31/2021 | 8/30/2021 |
---|---|---|---|---|---|
Round | Series A | Seed VC - II | Series B | Series B | Series A - II |
Company | Ampcontrol | Bloom | Forma | ||
Amount | $10M | $8M | $40M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 1 | 17 |
AngelPad Portfolio Exits
40 Portfolio Exits
AngelPad has 40 portfolio exits. Their latest portfolio exit was Simplifeye on April 18, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/18/2023 | Acquired | 2 | |||
3/6/2023 | Acquired | 1 | |||
12/3/2021 | Acquired | 8 | |||
Date | 4/18/2023 | 3/6/2023 | 12/3/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 1 | 8 |
AngelPad Fund History
3 Fund Histories
AngelPad has 3 funds, including AngelPad Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/29/2018 | AngelPad Fund III | Accelerator | Open | $35M | 1 |
12/31/2015 | AngelPad Fund II LP | ||||
12/31/2013 | AngelPad Fund I LP |
Closing Date | 3/29/2018 | 12/31/2015 | 12/31/2013 |
---|---|---|---|
Fund | AngelPad Fund III | AngelPad Fund II LP | AngelPad Fund I LP |
Fund Type | Accelerator | ||
Status | Open | ||
Amount | $35M | ||
Sources | 1 |
AngelPad Team
4 Team Members
AngelPad has 4 team members, including current Founder, General Partner, Thomas Korte.
Name | Work History | Title | Status |
---|---|---|---|
Thomas Korte | Founder, General Partner | Current | |
Name | Thomas Korte | |||
---|---|---|---|---|
Work History | ||||
Title | Founder, General Partner | |||
Status | Current |
Compare AngelPad to Competitors
Kite provides an enterprise ecosystem management platform called Nucla, which enables enterprises, consultants, accelerators, and investors to centralize, manage, and share data on the companies they track to work efficiently and transparently, accelerate smarter decisions, and increase the number of outcomes. The platform is leveraged by scouting, innovation, R&D, Business development, research, venture, and accelerator teams in nearly every sector including CPG, healthcare, financial services, government, pharma, media and entertainment, manufacturing, and technology. It was founded in 2013 and is based in San Francisco California.

Y Combinator operates as a seed-stage venture firm. It specializes in funding early-stage startups, primarily in software and web services. It works intensively with the companies for three months to refine their pitch to investors. It was founded in 2005 and is based in Mountain View, California.

Cuurio is being built to support digital agencies and brands in forging strategic partnerships with emerging tech and startup companies. Cuurio aims to bring 'Clarity', 'Context' and 'Contact' to this space: Providing 'Clarity' around what startups do, 'Context' for potential strategic collaborations and 'Contact' via direct access to a well vetted database of active, interested startup partners ready to activate on ideas.

Traction Technology aims to help large enterprises find and manage emerging technology startups and vendors that fit their mission-critical needs via a subscription software platform and consulting services. The company was founded in 2015 and is based in New York, New York.
Founderly.co provides peer advisory groups, led by experienced entrepreneur coaches, for seed-funded tech startup founders to discuss and share leadership issues and fundraising challenges. It is based in San Diego, California.

MentorcliQ is a software service that manages mentoring programs. The company helps track activity within programs without convincing hundreds of people to use a new software system. Clients use their own email and calendar systems, and the company integrates to track activity and program impact. The company was founded in 2012 and is based in Columbus, Ohio.