This is a syndicate paired with our fund.
Tango.vc Fund I has backed 30 machine learning, automation, and robotics startups, with ~50 total expected in Fund I.
Many are now raising subsequent rounds, and this syndicate will invest in those follow-on rounds. Tango.vc will be backing each company at every stage possible, but soon enough our pro rata will get larger than our fund size!
Tango.vc LPs will get priority in syndicates and discounted carry. That carry will flow back to the Tango.vc fund to drive higher multiples. To back the fund go here: https://angel.co/i/aPEzB
Or read more about the fund here: https://www.tango.vc/p/fundraise
Tango.vc founder Ivan Kirigin is a veteran founder and investor based in Silicon Valley. His very first angel investment was in Cruise Automation before YC Demo Day. It returned 62X, turning $25K into $1.5M. This was in just a few years, representing 294% IRR.
Ivan Kirigin founded two startups and has experience and networks from CMU, iRobot, Facebook, Dropbox, and Lyft.
We back companies unlocking massive markets by using technology to do more with less. There is a pent-up potential in the world of atoms because the world of bits is finally smart enough. That means enormous markets like farming, construction, manufacturing, logistics, transportation, security, and energy are all changing fast. Even the world of white-collar workers is changing now that computers can see, read, and write.
Our fund backs relentlessly resourceful founders with a technical and market edge. Our own founding and technical experience gives us more authority and authenticity than other investors.
Tango.vc will fund pre-Seed, Seed, and some Series A companies, and this syndicate will primarily be used as follow-on funding for subsequent rounds. In some cases with higher conviction and allocation, we’ll invest through the syndicate so LPs can get earlier stage valuations.