Company Alumni Investment Clubs

Airbnb, Uber, and Pinterest created 6,000+ millionaires from the companies’ employees. Find out how they invest their money back into the ecosystem.
February 24, 2024
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company investment clubs featuring Uber, AirAngels, Lyft, Pinterest, and DoorDash

When the startups Uber, Airbnb, and Pinterest went public, they created 6,000+ millionaires from the companies’ early employees and senior leaders. This wealth then gets injected into the tech ecosystem through investments in the next wave of startups. Prominent tech companies often form investment clubs using tools like AngelList Syndicates, where they work together to invest in alums who venture off to start their own companies. We’ll look at some of the more noteworthy company alum investment clubs and their investments.

1. Uber

Investment Club: Uber Alumni Investment Club

Active: Yes

Median investment (lead): $2,500

Median investment (syndicate): $265,300

Deals in the last 12 months: 42

Invests exclusively in Uber alums: No

Leadership:

Notable Investments:

2. Lyft

Investment Club: Uplyft

Active: Yes

Median investment (lead): $2,000

Median investment (syndicate): $149,900

Deals in the last 12 months: 12

Invests exclusively in Lyft alums: No

Leadership:

Notable Investments:

  • Candid: Teeth aligners company.
  • Airhouse: Custom-built fulfillment for direct-to-consumer companies.
  • Podia: All-in-one platform to sell courses and digital products.
  • Swiftlane: Security company with touchless access control and video intercom system.
  • Contra: Freelancer marketplace.

3. Airbnb

Investment Club: AirAngels

Active: Yes

Median investment (lead): $5,000

Median investment (syndicate): $226,500

Deals in the last 12 months: 10

Invests exclusively in Airbnb alums: No

Leadership:

Notable Investments:

  • Figma: Collaborative design platform.
  • Zip: Modern procurement platform.
  • Snackpass: All-in-one platform for quickserve restaurnats.
  • Future: Personal training platform.
  • Sorare: Collect, play, and win officially licensed digital trading cards.

4. DoorDash

Investment Club: DashAngels

Active: Yes

Median investment (lead): $1,000

Median investment (syndicate): $233,000

Deals in the last 12 months: 15

Invests exclusively in DoorDash alums: No

Leadership:

Notable Investments:

5. Palantir

Investment Club: Palumni VC

Active: Yes

Median investment (lead): $20,000

Median investment (syndicate): $130,500

Deals in the last 12 months: 4

Invests exclusively in Palantir alums: No

Leadership:

Notable Investments:

  • Adyton: Mobile first personal accountability tool for military teams.
  • Kairos Aerospace: Tools to identify methane leaks for the oil & gas industry.
  • Little Otter: Digital mental health solution for children.
  • AngelList: Software for investing. 
  • Kurtosis: Distributed system software platform.

6. Facebook

Investment Club: Backed By Blue

Active: Yes

Median investment (lead): $1,000

Median investment (syndicate): $108,000

Deals in the last 12 months: 4

Invests exclusively in Facebook alums: No

Leadership:

Notable Investments:

  • Wander: A new way to travel.
  • Stonks: Investing platform for private startups.
  • Lime: E-scooter and e-bike sharing.
  • Peel: E-commerce data platform.
  • Shaped: Realtime AI personalization platform.

7. Affirm

Investment Club: xffirmers

Active: Yes

Median investment (lead): $1,000

Median investment (syndicate): $121,000

Deals in the last 12 months: 3

Invests exclusively in Affirm alums: No

Leadership:

  • Jeffrey Shu: Former Financial Partnerships Lead at Affirm.
  • Rahul Gupta: Former Software Engineering Manager at Affirm.
  • Eric Kobe: Former VP, New Markets & Growth strategy at Affirm.

Notable Investments:

  • Clearco: Growth capital for e-commerce businesses.
  • Bolt: One-click checkout.
  • Unit21: No-code platform for risk management. 
  • Kafene: Lease-to-own furniture.
  • Atrato: Buy-now-pay-later company.

8. Square

Investment Club: SquareAngels

Active: Yes

Median investment (lead): N/A

Median investment (syndicate): N/A

Deals in the last 12 months: N/A

Invests exclusively in Square alums: N/A

Leadership:

  • N/A

Notable Investments:

9. Pinterest

Investment Club: PinAngels

Active: Yes

Median investment (lead): $2,500

Median investment (syndicate): $123,000

Deals in the last 12 months: 8

Invests exclusively in Pinterest alums: No

Leadership:

  • Cat Lee: Former Head of Growth, Partner Marketing, & Culture at Pinterest.
  • Julie H. Park: Former Product & Strategy at Pinterest.
  • Frank Fumarola: Former VP of Ads Products & Product Marketing at Pinterest.
  • Ali Altaf: Group Product Manager at Pinterest.
  • Jeff Chang: Former Growth Engineering at Pinterest.

Notable Investments:

  • HeadSpin: AI testing and developer operations collaboration platform.
  • Podia: All-in-one platform to sell courses and digital products.
  • KhataBook: Business management platform for India.
  • Cobli: Fleet management company.
  • Akash Systems: Satellite communication reimagined. 

10. Google

Investment Club: Xoogler.co

Active: Yes

Median investment (lead): $1,000

Median investment (syndicate): $98,500

Deals in the last 12 months: 2

Invests exclusively in Google alums: Yes

Leadership:

Notable Investments:

11. Netflix

Investment Club: Culture Capital

Active: No

Median investment (lead): N/A

Median investment (syndicate): N/A

Deals in the last 12 months: N/A

Invests exclusively in Netflix alums: N/A

Leadership:

  • Jon Bell: Former Product Lead at Netflix.
  • Kate Cushing: Former Director of Product at Netflix.
  • Ebi Atawodi: Former Director of Product, Payments EMEA at Netflix.
  • Michelle Parsons: Former Product Innovation Leader, Global Kids & Family at Netflix.

Notable Investments:

  • N/A

12. McKinsey & Co.

Investment Club: FirmAngels

Active: No

Median investment (lead): N/A

Median investment (syndicate): N/A

Deals in the last 12 months: N/A

Invests exclusively in McKinsey & Co. alums: N/A

Leadership:

Notable Investments:

  • N/A

13. Cruise

Investment Club: Cruise Alumni Investment Fund

Active: No

Median investment (lead): N/A

Median investment (syndicate): N/A

Deals in the last 12 months: N/A

Invests exclusively in Cruise alums: N/A

Leadership:

  • Ian Rust: Former Founding Engineer at Cruise.
  • Sol Bier: Former Founding Engineering Team at Cruise.
  • Matthew Graney: Former Senior Staff Electrical Engineer at Cruise.

Notable Investments:

  • N/A

14. Reddit

Investment Club: Reddit Alumni Investment Club

Active: No

Median investment (lead): N/A

Median investment (syndicate): N/A

Deals in the last 12 months: N/A

Invests exclusively in Reddit alums: N/A

Leadership:

Notable Investments:

  • N/A

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