[The syndicate is exclusively available to current and past Cloudflare employees. Any other applications will regretfully be declined. Kindly include your LinkedIn profile in the application.]
Startups looking to connect? Contact us here.
Background
A growing number of Cloudflare's graduates have ventured into entrepreneurship, launching startups like Kentik, Coalition, and Jam.dev.
The Orange Cloud Angels unites the expertise and resources of the Cloudflare family to support promising early startups where our specialized skills can add value, particularly those established by Cloudflare alumni. Startups that we invest in can expect more than just capital. Our network of industry experts is always prepared to assist.
The syndicate serves as a hub for Cloudflarians to bond over meet-ups and events, nurturing a strong community. It also serves as a gateway for members to get introduced to investing.
Structure
No initial commitment is needed when you join the syndicate. Investments are conducted on a deal-by-deal basis and capital amount is only called for the specific transaction.
Deal memos are sent out only when we've secured an allocation of a minimum of $100K. This is considering the setup cost of an AngelList SPV starts at $10K per deal, a cost that will be divided across investors.
Team:
The Syndicate is led by Zain Rizavi (Cloudflare, 2017 - 2020), Eric Liu (Cloudflare, 2017-2022), and Jade Wang (Cloudflare, 2017 - 2024).
Disclaimers
The establishment and management of this network have been conducted by Cloudflare alumni and it is not officially associated with Cloudflare, Inc. (NYSE: NET).
- Stage: Pre-seed, Seed
- Minumum Commitment: $2K
- Deals per year: 5-10
- Sector Focus: Security, Infrastructure, B2B SaaS, Developer Tooling, AI/ML
- Deal flow: Outbound, Operators, and Fellow Investors
- Deal Flow from Syndicate: 50/50 split on Carry if the syndicate elects to invest in a deal from the LP base/syndicate
- Standard: 0% and 20%