iAngels has raised a USD2.25 million Seed Round led by Roman Abramovich's fund, Millhouse Capital.
iAngels is the 15th company to successfully raise funds through the iAngels online platform, raising USD1.25 million from some of Israel's most successful angels, and an additional USD1 million from its global community of investors within two days.
"We are very confident in the elite angels we've identified and their ability to spot the winners," says Shelly Hod Moyal, Founding Partner at iAngels. "In fact, we've structured our business model to take the same risk that investors take when they invest in Israeli startups through the iAngels platform."
"With iAngels, gone are the days when the crowdfunding platform could make money without the angels themselves succeeding," says Mor Assia, Founding Partner at iAngels. "High-Net-Worth Individuals are choosing to co-invest with leading Israeli angels through the iAngels platform because they appreciate our unique ability to find and engage Israel's top performing angels and analyse their investment opportunities to make sound recommendations to our angel community."
Israel's elite angels and Roman Abramovich's fund, Millhouse Capital, subscribe to Assia and Hod Moyal's rationale. Angel Investors who participated in the Seed Round led by Millhouse Capital include Marc Lasry, Boaz Weinstein, Alex Waislitz, Drew Schaefer, Gigi Levy, David Assia, Daniel Recanati, Yanki Margalit and Marcy Simon.
"iAngels provides unparalleled access to Israel's best deal flow," says Gigi Levy Weiss, iAngels Advisor and one of Israel's most successful angel investors. "The company's unique model of investing alongside Israel's top angels guarantees the quality of the selected companies and helps accredited investors worldwide beat the odds and make money from this coveted asset class."
