Series B

Series A

Seed

Pre-Seed

Series C

Series E

Series J

Burlington, Vermont

Learn about Gaingels: their portfolio, investment strategy, and industries of focus. Insights at Lucidity Insights.

Gaingels

Gaingels, a significant LGBTQIA+/Allies private investment syndicate, stands as a prominent advocate for diversity and inclusion within the venture capital landscape with over 2000 individual accredited investors.

San Francisco

Databricks

Delhi

Shiprocket

E-Commerce

Logistics

Shipping

Artificial Intelligence (AI)

Supply Chain

Shiprocket is an eCommerce platform providing shipping, order fulfillment, logistics, marketing, and financial tools. It uses machine learning to select couriers, generate labels, COD management, and track orders from a single dashboard, supporting both domestic and cross-border delivery. Shiprocket primarily serves SMEs, D2C brands, and marketplace sellers.

Bangalore

Mobile Premier League

Gaming & E-Sports

Mobile Premier League (MPL), the largest skill-gaming platform in India, allows users to participate in free as well as paid competitions across 60+ games in multiple categories, including fantasy sports, sports games, puzzle, casual and board games.

Oakland

Mighty Buildings

Construction

Real Estate

Sustainable

Our 3D printing technology, advanced materials, and robotic automation make beautiful and sustainable homes a reality for all.

Tel Aviv

Utila

Finance

NFT/Crypto

Blockchain

Crypto

Web3

Utila is the secure, all-in-one digital asset operations platform for institutions. Utila empowers organizations of all sizes to securely manage and build on digital assets. Institutions can efficiently manage digital assets across multiple blockchains, wallets, teams, and users on our secure, chain-agnostic, enterprise-grade MPC wallet platform.

Lagos

Debt Financing

Remedial Health

Pharmaceuticals

Health Care

IT Services

Remedial Health is a global health fintech that provides inventory, software, data, and financing solutions to healthcare providers and small businesses beginning in Africa.  Remedial Health aims to enhance healthcare services by streamlining pharmacy operations and bridging the gap between pharmacies and patients with a focus on Nigeria, where the WHO estimates 100,000 deaths annually are linked to counterfeit drugs.

Substrata

Artificial Intelligence

Enterprise Software

Marketing/Sales

Substrata optimizes B2B sales and high-ticket dealmaking by analyzing multiple communication layers—verbal, nonverbal, and contextual—in deal-related interactions.

Cape Town

Happy Pay

Financial Services

Shopping

BNPL

Happy Pay turns ads and merchant fees into zero-cost instalment payments for African consumers.

Happy Pay, a South African fintech company and the only independent BNPL provider in the country, has raised $1.8 million in a pre-seed funding round. The round was led by E4E Africa and 4Di Capital, with participation from DotExe Ventures, Launch Africa, Equitable Ventures, Felix Strategic Investment, U.S.-based Gaingels, and local angels. Fin Africa is providing a debt facility. The funds will be used to launch new products, expand the merchant base, and grow the team. Happy Pay aims to offer zero-cost installment payments and promote financial inclusion in South Africa.

Happy Pay, SA fintech, raises $1.8M to reduce the cost of consumer credit to zero

Happy Pay has secured USD 1.8 million in pre-seed funding to launch new products, enhance marketing, and expand its merchant network. The funding round was led by South African venture capital investors, including E4E Africa and 4Di Capital, with participation from DotExe Ventures, Launch Africa, Equitable Ventures, Felix Strategic Investment, Gaingels, and local angel investors. The funds will also support workforce growth and strategic expansion. Happy Pay's platform uses AI technology for credit scoring, aiming to improve ecommerce sales for South African merchants.

Happy Pay obtains USD 1.8 million in pre-seed funding

Happy Pay, a South African fintech company specializing in Buy Now, Pay Later (BNPL) services, has secured $1.8 million in pre-seed funding. The round was led by E4E Africa and 4Di Capital, with participation from DotExe Ventures, Launch Africa, Equitable Ventures, Felix Strategic Investment, Gaingels (USA), and local angel investors. The funds will be used to launch new products, expand marketing, and grow its merchant network, focusing on sustainable growth and personnel expansion.

Happy Pay secures $1.8M pre-seed funding to drive South Africa’s financial inclusion

Mobile Premier League, the Asian largest esports and skill gaming platform, raised its Series E round of financing at a pre-money valuation of $2.3 billion.
The round was led by Legatum Capital with participation from existing investors Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital. 
The company intends to use the funds to finance its global expansion, invest in its technology, and drive continued growth in the Indian market.

Mobile Premier League Raises Series E Financing; Valued at $2.3 Billion

Esports platform Mobile Premier League has raised $150 million in a Series E round valuing the company at $2.3 billion.
The financing round was led by private investment firm Legatum Capital, with contributions from existing investors Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital.
Mobile Premier League is based in Bengaluru, India, and launched its services in the US this July after two years of operations in Indonesia. It currently has over 85 million registered users worldwide.
The latest funding round will go towards the company's expansion worldwide and will be invested in "its home-grown technology, and drive continued growth in the Indian market," the announcement said.

Mobile Premier League raises $150 million

Shiprocket, a New Delhi-based logistics aggregator that works with direct-to-consumer sellers including several social media influencers, has raised $13 million in a new financing round as it looks to expand its platform overseas. Silicon Valley-based investment firm Tribe Capital led Shiprocket’s Series C financing round. Innoven Capital and existing investor Bertelsmann India Investments also participated in the round, which brings the three year-old startup’s to-date funding to $26 million.

India’s logistics aggregator Shiprocket raises $13M to expand overseas

New Delhi-based BigFoot Retail Solutions, which operates the tech-enabled logistics aggregator Shiprocket, has raised $13 million in its Series C round of funding led by Tribe Capital.
Venture debt firm Innoven Capital and existing investor Bertelsmann India Investments also pitched in, the company said in a statement.
The latest capital infusion brings Shiprocket’s total funding to $26 million. The company last raised $13 million in funding from existing investors Bertelsmann India Investments, Nirvana Venture Partners, Beenext and seed accelerator 500 Startups.

Startups Money Venture Capital Logistics aggregator Shiprocket raises $13 mn from Tribe Capital, others

Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country’s pharmaceutical sector.
The $8 million Series A equity funding round was led by US-based venture capital firm, QED Investors and co-led by Ventures Platform, who have now invested in Remedial Health at every funding round since the pre-seed stage.
This investment also represents Ventures Platform’s first Series A investment. Ycombinator, Tencent and Gaingels also invested after participating in previous rounds. The $4 million debt funding was led by a consortium of local and international financial institutions.

Remedial Health Raises $12m to Deliver Financial Services For Neighbourhood Pharmacies and Drive Deeper Growth in Nigeria

Nigerian healthtech startup, Remedial Health, has raised $12 million in Series A funding — $8 million in equity and $4 million in debt — to expand the reach of its services in the country.
The company will also use the funds to support the delivery of targeted financial services to drive business growth across Nigeria’s pharmaceutical sector.
QED Investors and Ventures Platform co-led the equity funding round. While this is the former’s second investment in an African startup, the latter has invested in Remedial Health since the pre-seed stage. It is also Ventures Platform’s first Series A investment.
Gaingels, Tencent, and Ycombinator participated after taking part in earlier rounds.
A consortium of local and international financial institutions led the $4 million debt financing.

Gaingels

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies
or Investments

Gaingels

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies or Investments

Portfolio Companies
or Investments