
The Syndicate is an angel investing club led by Jason Calacanis, providing accredited investors access to vetted pre-seed, seed, and Series A startup deals. With over 800+ members, it co-invests alongside the LAUNCH venture funds and has backed companies including Uber.
33% of their portfolio is in Cybersecurity. They made 1 investment in the last 12 months. Their most common stage is seed (46% of deals). Average disclosed round size is $38.6M (across 21 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Seed
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series D | $200M | Oct 2026 | |
| Seed | $4M | May 2026 | |
| Seed | $4M | Jan 2026 | |
| Series A | — | Jul 2024 | |
| Series B | $41M | Aug 2023 | |
| Seed | — | Mar 2023 | |
| Unknown | $17.7M | Jan 2023 | |
| Series B | $41M | Jan 2023 | |
| Seed | $2.5M | Aug 2022 | |
| Seed | $4.3M | Oct 2021 | |
| Series B | $60M | Jun 2021 | |
| Unknown | $12.5M | Jan 2021 | |
| Series B | $60M | Jan 2021 | |
| Series C | $135M | Jan 2021 | |
| Seed | — | Oct 2020 | |
| Seed | $5M | May 2019 | |
| Seed | $1.4M | Apr 2018 | |
| Seed | $1.4M | Jan 2018 | |
| Unknown | $1M | — | |
| Seed | $6M | — | |
| Pre-Seed | $1.3M | — | |
| Pre-Seed | $400K | — | |
| Seed | $2.1M | — | |
| Series C | $210M | — |
Top Co-Investors
LAUNCH6 shared
Techstars4 shared
Forgepoint Capital4 shared
Insight Partners4 shared
Matchstick Ventures3 shared
Precursor Ventures3 shared
Lightspeed Venture Partners3 shared
Cyberstarts3 shared
N473 shared
Third Point Ventures2 shared
Intel Capital2 shared
YL Ventures2 shared
M252 shared
Script Capital2 shared
Impression Ventures2 shared
Hustle Fund2 shared
SeaChange Fund1 shared
True Ventures1 shared
Speedinvest1 shared
Innovation Nest1 shared
Last updated: 20 October 2026