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Gaingels
GAINGELS 10X CAPITAL DIVERSITY MANAGEMENT LLC is an SEC-registered investment adviser in Burlington, VT, registered since 2022. It advises on investment...
Gaingels
GAINGELS 10X CAPITAL DIVERSITY MANAGEMENT LLC is an SEC-registered investment adviser in Burlington, VT, registered since 2022. It advises on investment strategies. The firm is based in Vermont.
General information
Firm type
Private Equity
Year founded
2014
Location
Region
North America
Country
United States
City
Burlington
Corporate office
New York, NY, United States
Additional offices
Los Altos, CA · Boston, MA
Principals
Paul Grossinger
Co-Founder
David Beatty
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Gaingels?
Paul Grossinger, co-founder, leads investment strategy and deal sourcing. David Beatty, co-founder, manages investor network operations. The firm's investment committee draws on a rotating panel of operators and LPs from the Gaingels network, reflecting the syndicated structure rather than a centralized partner group.
How does Gaingels source proprietary deal flow?
Gaingels sources through its network of over 3,000 accredited investors, many of whom are operators and executives at top-tier tech companies. Co-investment relationships with lead VCs generate the majority of allocations. The firm's inclusion mandate — explicitly communicated to GPs — often surfaces opportunities where lead investors actively seek diverse co-investors to strengthen board composition.
Is Gaingels a venture firm or an angel syndicate?
Gaingels operates as a structured syndicate rather than a traditional venture firm with a committed fund. Capital is raised on a deal-by-deal basis from its LP network. However, the firm's discipline — inclusion riders, stage-agnostic check-writing, institutional co-investment standards — positions it closer to venture capital than to informal angel networks (public record).
Does Gaingels participate in fund commitments or only direct deals?
Gaingels primarily takes direct minority equity positions in rounds led by established venture funds. The firm does not operate as a fund-of-funds and generally does not commit LP capital into blind-pool vehicle structures. Allocations are made on a company-by-company basis through SPVs or direct co-investment line items.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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