Family Angel Management Fund

Overview

Family Angel Management Fund is an angel investment firm based in Mercer Island, Washington, focusing on early-stage technology companies in Seattle and San Francisco. The firm specializes in pre-seed and seed investments, particularly in convergence technologies such as AI/ML, computer vision, spatial audio, voice, and robotics, as well as consumer sectors. Notable exits include Pitchbook (sold to Morningstar), C-SATS (sold to Johnson & Johnson), Eden Rock (sold to Nokia), M-87 (sold to XCOM), Torrent Technologies (sold to Marsh), Cleanscapes (sold to Recology), Full Circle Farms (sold to Capay), and Slope (sold to Smartsheet). Current notable investments include Jet Closing, Integris, Public Goods, GiveInKind, SigmaIQ, and Jobalign. The firm was founded in 2013 by Brock Mansfield, who serves as the Managing Partner. The firm's investment size typically ranges from $1 million to $5 million per round, with an average of 2.55 rounds per year. The firm has a follow-on index of 0.11, indicating a lower rate of subsequent investments in portfolio companies. The firm's portfolio includes 24 companies, with 5 exits to date. The firm is active and continues to invest in early-stage technology companies in the Seattle and San Francisco areas. Family Angel Management Fund is an angel investment firm based in Mercer Island, Washington, focusing on early-stage technology companies in Seattle and San Francisco. The firm specializes in pre-seed and seed investments, particularly in convergence technologies such as AI/ML, computer vision, spatial audio, voice, and robotics, as well as consumer sectors. Notable exits include Pitchbook (sold to Morningstar), C-SATS (sold to Johnson & Johnson), Eden Rock (sold to Nokia), M-87 (sold to XCOM), Torrent Technologies (sold to Marsh), Cleanscapes (sold to Recology), Full Circle Farms (sold to Capay), and Slope (sold to Smartsheet). Current notable investments include Jet Closing, Integris, Public Goods, GiveInKind, SigmaIQ, and Jobalign. The firm was founded in 2013 by Brock Mansfield, who serves as the Managing Partner. The firm's investment size typically ranges from $1 million to $5 million per round, with an average of 2.55 rounds per year. The firm has a follow-on index of 0.11, indicating a lower rate of subsequent investments in portfolio companies. The firm's portfolio includes 24 companies, with 5 exits to date. The firm is active and continues to invest in early-stage technology companies in the Seattle and San Francisco areas. Family Angel Management Fund is an angel investment firm based in Mercer Island, Washington, focusing on early-stage technology companies in Seattle and San Francisco. The firm specializes in pre-seed and seed investments, particularly in convergence technologies such as AI/ML, computer vision, spatial audio, voice, and robotics, as well as consumer sectors. Notable exits include Pitchbook (sold to Morningstar), C-SATS (sold to Johnson & Johnson), Eden Rock (sold to Nokia), M-87 (sold to XCOM), Torrent Technologies (sold to Marsh), Cleanscapes (sold to Recology), Full Circle Farms (sold to Capay), and Slope (sold to Smartsheet). Current notable investments include Jet Closing, Integris, Public Goods, GiveInKind, SigmaIQ, and Jobalign. The firm was founded in 2013 by Brock Mansfield, who serves as the Managing Partner. The firm's investment size typically ranges from $1 million to $5 million per round, with an average of 2.55 rounds per year. The firm has a follow-on index of 0.11, indicating a lower rate of subsequent investments in portfolio companies. The firm's portfolio includes 24 companies, with 5 exits to date. The firm is active and continues to invest in early-stage technology companies in the Seattle and San Francisco areas.

Investment Focus

• Strong, coachable management teams
• Large, addressable markets with scalable growth potential
• Disruptive innovation solving significant market problems
• Proven traction and product-market fit

Portfolio Companies