AngelPad

The organisation operates a classic accelerator and venture fund model. It sources early-stage technology start-ups and runs structured, three‑month, cohort-based programmes in which founders receive intensive mentorship, operational guidance, and introductions to investors. In return, the accelerator invests a fixed seed amount per company and receives equity, typically in the same class of shares as the founders.

Value is created by helping portfolio companies reach product–market fit and become fundable by larger venture investors, increasing the probability and magnitude of successful exits. Revenue and returns come from equity appreciation, secondary share sales, and liquidity events (acquisitions or IPOs) across the portfolio. Separately, the organisation has raised institutional venture funds via capital commitments from limited partners, earning management fees and carried interest tied to fund performance.

AngelPad is a United States–based seed-stage start-up accelerator founded in 2010 by Thomas Korte and Carine Magescas. It runs intensive, cohort-based accelerator programmes roughly every six months, selecting around 15 early-stage teams per batch and providing structured mentorship, investor introductions, and preparation for fundraising.

The organisation invests a fixed seed cheque (publicly stated as $120,000) in each participating company in exchange for equity, holding the same class of shares as founders. Its customers are early-stage technology start-ups seeking capital, mentorship, and access to investor networks. AngelPad generates returns primarily through equity appreciation and exits from its portfolio companies and manages dedicated venture funds backed by external capital commitments.