Private Equity

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Family Angel Management Fund

Family Angel Management Fund is a venture capital firm founded in 2013 on Mercer Island, Washington. It focuses on investing in information technology...

Family Angel Management Fund logo

Family Angel Management Fund

Family Angel Management Fund is a venture capital firm founded in 2013 on Mercer Island, Washington. It focuses on investing in information technology companies in the Seattle and San Francisco regions. The firm has made 13 investments, including one in Piper Bioscience.

General information

Firm type

Private Equity

Year founded

2013

Location

Region

North America

Country

United States

City

Mercer Island

Corporate office

Mercer Island, WA, United States

Principals

Brock Mansfield

Managing Partner

Sector focus

Enterprise SoftwareLogistics & Supply ChainDigital HealthConsumerFinTechAI/MLClimateTechCybersecurityEdTech

Frequently asked questions

How does FAMFund source its deals?

Deal flow originates primarily through Mansfield's deep Seattle network. He is co-founder and Chairman of Envest, a Seattle angel network, and a past president of EO Seattle and the Stanford GSB Alumni Association. This community-driven model prioritizes local operator and founder relationships.

Does FAMFund invest in fund commitments or only direct deals?

The firm invests directly in early-stage companies. Publicly reported activity shows co-investment alongside Seattle and San Francisco seed funds, but no fund-of-fund commitments. The firm invests its own vehicles' capital directly into portfolio companies.

What investment stages does FAMFund target?

FAMFund targets early-stage, seed, and venture rounds. Portfolio entries range from stealth-stage rounds (Hilos) to seed rounds (JetClosing, Integris) through later follow-on rounds supported by major venture firms like SoftBank. The strategy is stage-agnostic within early venture.

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