Gaingels
About Gaingels
Gaingels is an American venture capital firm headquartered in Burlington, Vermont. The firm focuses on investing in companies with diverse and underrepresented (including LGBTQIA+) leadership as well as progressive social values.
Gaingels was co-founded in 2014 by David Beatty and Paul Grossinger. It began as a small angel syndicate for LGBTQIA+ founders and later widened its mission to cover diverse and underrepresented leadership generally. Wikipedia lists Jennifer Jeronimo as CEO. Gaingels works as a member syndicate, not a traditional fund. Third-party profiles describe more than 4,000 members, mostly accredited investors, with no annual membership fee. Reported totals for capital deployed differ by source, from about $600M to over $1B, so treat them as estimates. Gaingels has not published named fund vintages or fund sizes that we could find. It also does not name partners who lead AI investing.
Gaingels does not run a separate AI program. AI is one of several sectors in a portfolio the firm says spans more than 2,400 companies, alongside healthcare, fintech, defense and deep tech. Dealroom lists Databricks, Shield AI and Cerebras Systems among its larger holdings. Recent AI-related rounds listed by TipRanks include Ando (Seed, $4M, February 2026), Brev (Pre-seed, $3.3M, April 2026), Barndoor AI (Seed, $13.6M, May 2025), Vibranium Labs (Seed, $4.6M, September 2025) and Peer AI (about $12.1M, October 2025). Third-party profiles generally describe Gaingels as a follower that joins rounds led by other investors, not a lead.
Third-party databases list Gaingels at pre-seed through Series C and growth, with seed and Series A as the most common entry points. Tracxn counts 208 seed, 162 Series A and 88 Series B investments. VC Sheet and F4 report typical checks of $200K to $500K, and WaveUp reports $100K to $500K. Gaingels does not publish check sizes itself, so treat these as estimates. Members decide deal by deal, and one third-party profile cites a $10,000 minimum guidance per deal.
- Databricks: data and AI platform, listed by Dealroom as a current holding.
- Cerebras Systems: AI chip maker, listed by Dealroom as a current holding.
- Shield AI: defense AI and robotics company, listed by Dealroom as a current holding.
- Ando: enterprise software and AI, Seed $4M (February 2026).
- Brev: AI and data platform, Pre-seed $3.3M (April 2026).
- Barndoor AI: AI security, Seed $13.6M (May 2025).
- Vibranium Labs: AI software, Seed $4.6M (September 2025).
- Peer AI: AI software, about $12.1M (October 2025).
- Other AI rounds on the Lounge deals desk: North.cloud (Series B, $60M), Mogul (Series A, $16M), Tasklet (Seed, $20M), Concorda (Seed, $3.8M), Satlyt (Seed, $8M), Tamber (Seed, $5M), Metal (Seed, $4.5M).
Investing activity
Gaingels appears in 9 AI deals tracked by the AI Lounge deals desk, rounds totalling $96M. The rounds are mostly Seed, Series B and Series A, with a median round size of $5M and the largest at $60M. The most recent are North.cloud (Series B, $60M, Oct 2026), Mogul (Series A, $16M, Oct 2026) and Satlyt (Seed, $8M, Oct 2026).
Gaingels most often invests alongside Mana Ventures, Y Combinator, PeakSpan Capital and Uncommon Denominator, and the companies it backs on AI Lounge are mostly in AI, Cloud and AI spend management and AI real estate investing platform.
Deals
Frequently asked questions about Gaingels
Does Gaingels invest in AI startups?
Yes. Gaingels lists AI among the sectors in its portfolio of more than 2,400 companies. Recent examples include Ando, Brev and Barndoor AI.
What check size does Gaingels write?
Gaingels does not publish check sizes. Third-party databases estimate $200K to $500K, and WaveUp estimates $100K to $500K.
What stages does Gaingels invest in?
Third-party profiles list pre-seed through Series C and growth. Seed and Series A are the most frequent entry points.
Does Gaingels lead rounds?
Third-party profiles describe Gaingels as mostly a follower that co-invests alongside lead investors. Founders should expect it to join an existing round.
Who founded Gaingels and where is it based?
David Beatty and Paul Grossinger co-founded it in 2014. It is headquartered in Burlington, Vermont.
What AI companies has Gaingels invested in?
Gaingels's AI investments include North.cloud, Mogul, Satlyt, Concorda, Metal, Brev, Tamber and Tasklet. The 9 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Gaingels based?
Gaingels is based in Burlington, Vermont, United States.
What stage does Gaingels invest at?
In the rounds tracked on AI Lounge, Gaingels has invested at Seed, Series B, Series A and Pre-seed, with a median round of $5M.
Who does Gaingels co-invest with?
Gaingels's most frequent co-investors on AI Lounge are Mana Ventures (2 deals), Y Combinator (2 deals), PeakSpan Capital (1 deal), Uncommon Denominator (1 deal) and Litquidity Ventures (1 deal).
How can founders reach Gaingels?
Founders on AI Lounge can see Gaingels's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Gaingels to their Investor Pipeline to track the conversation.