We Founder Circle (WFC), an early-stage startup investment platform, has made 71 investments in 53 unique start-ups in 2022.
The VC funding platform has facilitated funds worth over Rs 100 crore across 53 startups with 71 deals.
“This year, we have not only topped the list of most active angel investment networks, but we have also launched our startup marketplace to our community and now offer the same tech to other networks as SAAS products. In addition, we have launched two funds, a domestic fund and a cross-border fund,” said Neeraj Tyagi, Co-founder and CEO, We Founder Circle.
We Founder Circle, established in August 2020, is a global community of over 2,000 founders and over 6,700 strategic angels from over 40 countries that provides seed funding, strategic business partnerships and global networking opportunities to entrepreneurs.
We Founder Circle has invested in 104 deals in more than 80 unique startups within 2 year of operations.
We Founder Circle has also given seven partial exits to its investors in the second year. More than 6,700 investors from over 400 cities and over 40 countries have participated in 100 deals with over $20 million in investments.
We Founder Circle said over 25 percent of startups are led by women entrepreneurs and 70 percent of founders come from Tier 2/3/4 cities.
We Founder Circle is making investment in verticals in India including SAAS, EV, Agritech, Healthcare and Fintech.
We Founder Circle has backed startups from over 10 sectors including Deeptech, Web3, Fintech, Healthtech, Agritech, EV and D2C, etc.
“This year, we could invest in 53 startups. In the coming year, we will invest in at least 200 startups and catalyse their growth through our two angel funds,” Gaurav VK Singhvi, Co-founder, We Founder Circle and Managing Partner, Invstt Trust, said.
We Founder Circle has completed the second cohort of its global accelerator program called EvolveX.
“We began with 2,000 angels this year and now, we have reached a mark of 7,000 angels hailing from 40 countries. This year, we have funded 13 companies from EvolveX but in 2023 we will be investing in 36 more,” said Bhawna Bhatnagar, Head of Global Partnerships and Co-founder, We Founder Circle.
WFC has launched its tech platform for angels and the startup community. Called Invstt.com, the tech-driven community platform will empower both startups and investors.
“In 2023, we will be taking the product to the global market with a focus on southeast Asia, the Middle East, the US and the UK,” said Vikas Aggarwal, CoFounder, We Founder Circle.
We Founder Circle plans to expand to 100 cities of India to bring the SME business community into the mainstream ecosystem.
Deo Saurabh, CoFounder, We Founder Circle, said: “In 2022 we have covered 35 Tier 2/3/4 cities of India and next year the plan is to reach to 70+ more.”