CapitalX
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CapitalX

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Subscription Amount
$15,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
1% per year over 10 years
Carry
20-25%
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Invest Account
Select invest account

Note from Cindy

My name is Cindy, or known as @CindyBiSV on Twitter, a long-time angel investor since 2011.

Top Track Record
Examples Of My Success Getting Into Deals
  • I shared some fun facts on this Medium post to show how I’ve won over founders to invest.
Select Previous Investments (All From Seeds)*
$10B+
1. Rippling — Payroll and employee management platform. Valued $11.25B
 $2B — $5B
2. Cruise — self driving cars, Unicorn exit in 2016. Valued $30B in 2021.
3. Zapier — API integration and automation. Valued $5B.
4. FlutterWave (Africa)— Fintech API, Valued $3B+.
5. Retool — Build internal tools remarkably fast. Valued $3.2B.
6. Algolia — Flexible search and discovery hosted API. Valued $2.25B.
7. Go1 — Enterprise on-line learning platform. Valued 2B+.
$1B — $2B
8. ShipBob — tech-enabled 3PL that fulfills ecom orders for DTC brands. Valued $1B+.
9. Teleport — The easiest, most secure way to access infrastructure. Valued $1.1B.
10. Boom Supersonic — Supersonic plane. Valued $1B+.
11. SendBird — Chat, voice, and video API. Valued $1B+.
12. People.ai — Revenue Intelligence: AI for Sales and Marketing. Valued $1.1B.

Notable Follow-on Investors
Sequoia, a16z, Kleiner Perkins, Bessemer Venture Partners, Bain Capital, Founders Fund, Accel, Coatue, Spark Capital, Felicis Ventures,Greycroft, Menlo Ventures, Insight Partners, Lightspeed Venture Partners, Index Ventures, Lux Capital, Emergence, GGV Capital, B Capital, ICONIQ, Tiger Global, Softbank Vision Fund.

Select Mentions of CapitalX Portfolio

Founders Love Working With Me
  • My high conviction & high energy coupled with critical optimism and solid moral support really provide a true edge as an empathetic executive coach and cheerleader for the team.
  • Besides angel investing, I was an operator for almost a decade at a self-funded and remote-only enterprise software startup with 77 fortune 100 companies as customers. Before then, I bootstrapped and later sold a hardware startup while working as a software consultant at Accenture. I know what it takes to build a high-impact company and I’m ready to help with a few extra pushes on the founders’ long journey.
What’s Different About Cindy@CapitalX?
  • Unconventional blend of consultant / founder / operator experience;
  • Analytical insider insight and intuitive outsider mentality;
  • Unique public data-driven process and online-first and offline-optional approach;
  • Founder-first intuition to identify, win and invest early enough to work with multidisciplinary leaders that are likely underestimated or considered too ambitious.
Notable LPs

>>>Fundraising Deck<<< more select investments and details on investment approach etc.

* The investments and returns data above and accessible via external links may include investments made off of the AngelList platform. As such, AngelList has not taken any action to verify such data and makes no representations as to its accuracy or completeness. All investment value estimates and return multiples are calculated net of any fees, expenses or carry. The outcome for any unrealized investment is highly uncertain. For additional information, including calculation methodologies, please contact the Fund Lead directly. Past performance is not indicative of future returns.

Any companies and venture partners featured above and via external links are referenced due to their notoriety in the startup and venture capital community. These references are provided for illustrative purposes only and are not an exhaustive list of all investments made or involving the Fund Lead. A full list of the Fund Lead's investment history will be made available upon request.
Cindy

Investment Details

Subscription Start Date
January 1, 2025
Minimum Quarterly Subscription
$15,000
Management Fee
Investors pay management fees of 1% per year for the first 10 years. Management fees are taken as a percentage of the total committed capital. The total management fee is paid out quarterly over the first four years of the fund's life.
Carry
Twenty percent (20%), with an increase to twenty-five percent (25%) after the fund realizes a 3.0x return
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Fees for each quarterly fund in the Rolling Fund Program will vary based on each quarterly fund’s capital contributions since the fee includes a flat fee component. Last quarter, this fund closed $382.45k in capital. Learn more about how to estimate your commitment’s fees at our help center.
Fund Lead Commitment
Cindy's personal subscription per quarter will be at least $2,500. Cindy will satisfy their GP commitment in part by waiving 80% of management fees otherwise owed to them by the fund.

Investor FAQ

How is this program different from venture fund investing?
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Will a Limited Partner (LP) participate in all investments made by the funds offered through this Program?
Will an LP's percentage ownership of quarterly funds always be the same?
Are LPs guaranteed access to CapitalX's future funds?
How are subscriptions funded?
How does changing or canceling a subscription work?
Who manages these funds?
Do funds in this Program have minimum or maximum investment sizes?
What happens if funds in this Program do not invest their total capital each quarter?
When will LPs learn about companies the funds invested in?
Can LPs opt out of specific deals?
Can LPs sell their investment in the fund?
Can LPs redeem their interests in the fund?
When will funds launched under this Program begin deploying capital?
How do I receive tax documents from this Program?
Unanswered questions? Contact AngelList
The performance of past deals or a lead investors' track record is not a guarantee of future returns. Venture capital fund investments are inherently risky and illiquid. Such investments involve a high degree of risk and are suitable only for sophisticated and accredited investors.
AngelList and its affiliates do not provide investment advice to investors. The information on this page should not be relied upon as research, investment advice or a recommendation of any kind. Information on this page is qualified in its entirety by the fund's Limited Partnership Agreement, Private Placement Memorandum and Subscription Agreement, which should be reviewed carefully prior to making an investment decision. Please see these documents for full details regarding risks, minimum investment, fees and expenses. The Fund Lead and the fund's investment advisor have the right to waive or charge additional carry to certain investors. The fund's legal name may be different from the name used above.
This fund may accept new investors after the fund undergoes a valuation update. Certain potential investors in the fund may then have access to materially different information concerning fund value at the time of their investment.
Current or future portfolio companies in this fund may use AngelList's recruiting platform and may pay an affiliate of the fund's investment adviser for premium recruiting tools and services. This may create a potential conflict of interest for the investment adviser, which you will consent to by subscribing to the fund.
Please read the disclosures in full here.

Apply To Subscribe

Subscription Amount
$15,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
1% per year over 10 years
Carry
20-25%
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Invest Account
Select invest account