Alliance of Angels
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Venture Capital and Private Equity Principals
- Founded
- 1997
- Employees
- 121
- Registered name
- Alliance of Angels Seattle business license
Derrick Watson announces eōsware wins first place and 409A valuation at PitchForce x Venture Black event during Seattle Tech Week
Derrick Watson announces eōsware won first place and a 409A valuation award at the PitchForce x Venture Black Startup & Investor Speed Dating event during Seattle Tech Week, and highlights the supportive founder-investor ecosystem and mentorship that made the win meaningful. He thanks co-founder Jaymar Freeman and several mentors and organizations, and congratulates fellow winners Rashad Hart and Nicole Rémy.
Neuralwatt, Led by Microsoft Veterans, Launches First Real-Time AI Carbon Emissions Tracker to Reduce Data Center Footprint
Seattle-based startup Neuralwatt, founded by Microsoft veterans Chad Gibson and Scott Chamberlin, launched the first real-time carbon emissions tracker for individual AI requests to help reduce data center environmental impact. The tool provides exact carbon footprint metrics per AI task, aiming to improve energy efficiency and aid companies in meeting sustainability regulations.
Vantari Relocates Headquarters to Seattle to Expand VR Medical Training Across North America with Harvard, Yale, and Others as Clients
Vantari, a VR startup founded in 2017, has moved its headquarters from Sydney to Seattle to expand its healthcare training software across North America. Its VR platform, used by top medical centers including Harvard and Yale, simulates medical procedures with AI guidance and realistic controls to improve clinician training.
Transforming Science and Technology for Humankind, Emer Dooley, CDL
The Creative Destruction Lab: Connecting Innovation with Impact In this episode, Emer Dooley, site lead for the Creative Destruction Lab (CDL) at the Foster School of Business, University of Washington, discusses the CDL's mission to commercialize deep tech startups for the benefit of humankind. She elaborates on CDL’s mentoring program, which pairs high-caliber mentors with promising startups in the fields of computational health and advanced manufacturing, to guide them through critical objectives over a nine-month period. Emer also explains the program's unique funding model, the process of selecting and nurturing startups, and CDL’s significant impact on the Seattle innovation ecosystem…
Founder Institute Relaunches Seattle Accelerator with Local Leadership and In-Person Programs Starting March 2024
Founder Institute is relaunching its Seattle chapter with local leadership led by tech veteran Aniket Naravanekar to revive in-person mentorship, events, and funding opportunities for startups. The first new cohort starts in March, with a launch event scheduled for December 12.
Former USAF Airborne Radar Technician Angie Parker Leads Seattle's Alliance of Angels Investment Group
Angie Parker, a former airborne radar technician in the U.S. Air Force’s 965th Squadron, leveraged her military experience into a leadership role as executive director of Seattle's investment group Alliance of Angels. Her military background provided her with technical skills, confidence, and a resilient mindset that aided her success in the tech industry.
Angie Parker Appointed Executive Director of Seattle's Alliance of Angels to Lead Startup Investment Refresh
Angie Parker has been named the new executive director of Seattle's Alliance of Angels, succeeding Yi-Jian Ngo after 13 years. Parker aims to refresh the organization, which comprises over 180 angel investors who have invested more than $125 million in over 250 startups, supported by an Innovation Fund raising increasing amounts each year.
Former SeaChange Investors Launch VentureUs Angel Group to Back Early-Stage Pacific Northwest Startups
A group of former SeaChange investors in Seattle have launched VentureUs, an angel investing group focusing on pre-seed and seed startups in the Pacific Northwest. VentureUs streamlines decision-making through an investment board and plans to invest $100,000 to $400,000 in 6-10 startups annually.
Flexe Names Pirasenna Thiyagarajan CTO; Talus Bioscience Appoints Gaelle Mercenne Amid $11.2M Funding; Vouched Adds David McGrath as Sales VP
Flexe appointed Pirasenna Thiyagarajan as chief technology and product officer following CTO David Glick's departure. Talus Bioscience hired Gaelle Mercenne as head of biology after securing $11.2 million in funding, while Vouched named David McGrath as vice president of sales amid leadership changes.
Voyager Capital’s James Newell Calls for More Risk-Taking Angel Investors in Seattle Startup Ecosystem
James Newell of Voyager Capital highlights Seattle's need for more angel investors willing to make riskier startup bets and write 'low-conviction' checks, a practice common in Silicon Valley but less so in Seattle's culture. He notes the lack of experienced angel investors and the region's understated approach to investing as barriers to a more vibrant startup ecosystem.
Yi-Jian Ngo Steps Down as Leader of Seattle’s Alliance of Angels After Growing Membership and Investments
Yi-Jian Ngo, longtime leader of Seattle's Alliance of Angels, is stepping down to focus on family, with Maren Nelson stepping in as interim executive director. Under Ngo's leadership, the group grew its membership and invested over $125 million into 250+ startups, including notable exits like DocuSign.
Venture Mechanics Launches High-Standard Startup Incubator and Event Space in Bellevue to Boost Seattle Ecosystem
Venture Mechanics in Bellevue, Washington, is expanding its focus from co-working spaces to running a high-standard incubator and hosting startup events to support the Seattle area's startup ecosystem. Led by Ron Wiener, the company partners with investors and mentors to assist promising startups, particularly under-represented founders.
Alliance of Angels Plans Third Innovation Fund to Invest $1.9 Million in Pacific Northwest Startups
Seattle-based Alliance of Angels is preparing to raise its third annual Innovation Fund, aiming to invest around $1.9 million in approximately 14 startups primarily in the Pacific Northwest. The fund, launched in 2022, enables quicker and larger investments with member voting for decisions and has attracted new members despite a challenging venture capital environment.
First Row Partners Launches $150K–$200K Startup Competition to Revive Pacific Northwest Angel Investing
Seattle venture capital firm First Row Partners has launched The Ensemble Event Fund, a startup competition offering $150,000–$200,000 to early-stage companies nationwide, aiming to revitalize the Pacific Northwest's angel investor network. The competition engages over 15 angel investors to boost capital deployment amid declining venture funding and a shrinking local angel community.
Seattle’s Oldest Angel Group Puget Sound Venture Club Merges with Alliance of Angels After Nearly 40 Years
Puget Sound Venture Club, Seattle's oldest angel group founded by Gary Ritner in 1985, is merging its membership with Alliance of Angels to create a larger impact on the Pacific Northwest startup ecosystem. The merger involves around 30 members, no financial transaction, and plans for Ritner to remain actively involved in the combined group.
Bellingham Angel Investors seeks to grow membership after pandemic-fueled national expansion, invested $1.5–$2M since 2022
Bellingham Angel Investors (BAI), a 35-member startup investment group founded in 2005, saw its geographic reach expand nationally after the pandemic and has invested $1.5–$2 million since 2022 across eight companies in varied industries. BAI seeks to grow its membership in size and diversity while continuing to make typical investments of $75,000–$400,000 (with outliers near $1 million).
Seattle Startup Payscore Raises $2.2M to Combat Application Fraud with Income Verification Technology
Seattle-based startup Payscore, which helps property managers and dealerships verify income by analyzing bank deposit history, raised $2.2 million. Founded in 2017 by CEO Mark Fiebig and CTO Stephen Arifin, Payscore's service covers over 700,000 rental units and 2,500 dealerships, experiencing rapid customer growth amid rising application fraud.
The Collapse of Silicon Valley Bank
What was previously a point of pride on Silicon Valley Bank's website now reads like a warning sign: nearly half of U.S. venture-backed technology and life sciences companies bank with the financial institution. Financial regulators on Friday morning shut down Silicon Valley Bank and put it in the hands of the FDIC, a jaw-dropping move that has created a crisis for startup founders and their financial backers. Based in Santa Clara, Calif., Silicon Valley Bank has long been a key player in the Seattle region. GeekWire's reporting suggests that the percentage of tech startups in the Seattle area that used…
SafKan Health Raises $8M and Secures FDA Clearance for OtoSet Earwax Removal Device after Viral TikTok Success
Seattle-based SafKan Health has raised $8 million and received FDA clearance for its OtoSet device, which removes earwax through a combination of irrigation and suction and has gained viral attention on TikTok. The device aims to modernize earwax removal by being faster and easier to use than current clinical methods, and has been adopted by hundreds of clinics.
Tom Alberg, Amazon Early Investor and Madrona Co-Founder, Dies at 82 After Shaping Seattle Tech
Tom Alberg, co-founder of Madrona Venture Group and early investor in Amazon, is remembered for his significant yet understated contributions to Seattle's tech industry, including his mentorship and 23 years on Amazon's board. He died at 82, leaving a lasting legacy both publicly and through his personal impact on colleagues and entrepreneurs.
Tom Alberg, Early Amazon Investor and Seattle Tech Champion, Dies at 82
Tom Alberg, a Seattle business leader and early Amazon investor who was pivotal in Pacific Northwest tech growth and co-founded Madrona Venture Group, died peacefully at 82. He was also notable for his roles in aerospace law, McCaw Cellular Communications, and helping launch the Alliance of Angels.
Seattle Startup Violett Raises $2.3M to Scale Ultraviolet Air Purification Technology Amid Ongoing COVID-19 Concerns
Seattle startup Violett raised $2.3 million in seed funding to scale its ultraviolet light air purification technology designed for healthcare and public spaces, aiming to combat COVID-19 and improve air quality. The company plans to expand manufacturing, develop new features like a mobile app and odor removal, and grow its team.
Remitly prices IPO at $43, values company near $7B and raises $300M+ as shares debut on NASDAQ
Remitly, a 10-year-old mobile remittance company, priced its IPO at $43 per share valuing the firm near $7 billion and raised over $300 million in net proceeds as it began trading on NASDAQ; shares opened at $53 and closed at $48.45 on debut. CEO Matt Oppenheimer framed the IPO as a step in the company’s mission to simplify cross-border money transfers for immigrants and their families.
Teal Communications raises $9.1M to scale eSIM platform connecting IoT devices to 2,000+ networks in 195 countries
Seattle-area IoT startup Teal Communications raised $9.1 million to expand its eSIM platform that connects devices to over 2,000 networks in 195 countries and plans to grow headcount from 15 to 45 this year.
2Morrow raises $1.5M led by WRF Capital, total funding now $2.9M to expand ACT-based digital therapeutics
Seattle-area digital therapeutics startup 2Morrow raised $1.5 million, bringing total funding to $2.9 million, to expand its smartphone-based coaching apps that use Acceptance and Commitment Therapy for smoking cessation, weight loss, stress and grief. The 11-person company, led by CEO and co-founder Jo Masterson, saw increased demand in 2020 and has partnered with Fred Hutchinson Cancer Research Center since 2013.
People
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Dan Rosen Chairman Emeritus
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Geoff Entress Executive Committee Member
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Lowell Ricklefs Board Member
