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Angel network We Founder Circle provides 7 partial exits within two years of operations

Jan 5, 2023, 15:25 IST
Business Insider India
WFC
  • We Founder Circle facilitated investments worth over ₹100 crore in 53 startups with 71 deals in 2022.
  • It backed startups across sectors like deeptech, web3, fintech, healthtech, agritech, EVs, D2Cs and more.
  • As many as 70% founders of its startups are from tier 2, 3 and 4 cities.
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We Founder Circle (WFC), a founders-led early-stage startup investment platform, facilitated 71 investments into 53 startups in 2022. It claims to have become one of the fastest-growing angel network communities, and facilitated investments to the tune of ₹100 crore across these deals.

“This year we have not only topped the list of most active angel investment networks, we have launched our startup marketplace to our community and are now offering the same tech to other networks as SaaS products. In addition we have launched two funds, a domestic fund and a crossborder fund,” said Neeraj Tyagi, co-founder and CEO, We Founder Circle.

Established in August 2020, WFC has over 2,000 founders globally, over 6,700 strategic angels across 40 countries that provide seed funding, strategic business partnerships and global networking opportunities for entrepreneurs. They participated in over 100 deals with over $20 million investments as of now and invested in over 80 unique startups.

It also gave seven partial exits to its investors in the second year. Born in the pandemic, WFC backed startups across sectors like deeptech, web3, fintech, healthtech, agritech, EV, D2C and more.

“On the portfolio side, over 25% are being led by women entrepreneurs and 70% of our founders come from tier 2/3/4 cities, which validates our commitment to build a 100 startup cities of India vision. We are sector agnostic but have special focus on amazing business models disrupting various verticals in India including SAAS, EV, agritech, healthcare and fintech,” said Tyagi.

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