Our first year in operation has been marked by significant milestones and growing adoption among investors seeking better data-driven insights for their investment decisions.
Building from the Ground Up
AngelStat emerged in beta with a clear mission: to provide investors with comprehensive, accurate startup data. The response from the investment community has been encouraging, with our first paying customers joining the platform and over 35 users organically discovering and adopting our solution. Through consistent social media engagement, we've highlighted promising startups and built a robust directory now featuring over 4,600 companies.
Reflecting our current user base, we didn't expect to see massive portfolio holdings in the first year. However, at the close of 2024, over $700,000 in total portfolio value is tracked on the platform, across over $500,000 total invested dollars. Deal entry is approximately 1200 total fundraises (total deal flow), with 155 of those hosting real investments in early-stage startups. Another 6000 fundraises exist in our database from years prior to 2024.
2024 Fundraising Landscape
Despite the downturn in VC funding prior to and during 2024, AngelStat was used to track approximately 900 fundraising events throughout the year. This brings our total tracked fundraises to nearly 1,200, including historical data from previous years.
October 2024 stands out as a particularly active month, with startups raising an impressive $7.24 billion, demonstrating continued investor confidence in innovative companies.
Fundraising Patterns and Data Quality
Our monthly tracking revealed interesting patterns in fundraising activity, with March and April emerging as the most active months for startup fundraising in 2024.
What sets AngelStat apart is our commitment to data quality and transparency. As seen in the first graphic above, of the 900 fundraises recorded in 2024, 50% included current revenue data provided directly by investors -- offering unprecedented insight into the financial health of funded companies. This level of detail helps investors make more informed decisions based on reliable, current data.
Looking Ahead: AngelStat in 2025
As we enter 2025, we're excited to announce several platform enhancements that will make AngelStat even more valuable for our users:
- A seamless Carta integration to provide even more comprehensive company data
- Enhanced automation for deal flow entry, with improved support for AngelList and other major investment platforms
- Accelerated company onboarding processes, now including founder information where available
- A streamlined free trial experience, eliminating manual claim processes to get immediate access to all features
- AI-powered market analysis for each company
These improvements represent just the beginning of our planned enhancements for 2025. Our commitment to providing the most comprehensive, accurate, and useful startup investment data remains unwavering as we continue to evolve the platform.