Multi-Family Office

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Impact Angel Network

Impact Angel Network is a Uganda-based angel-investor collective that pools family-office capital for early-stage impact deals in East Africa.

Impact Angel Network

Impact Angel Network is a membership-based investment platform focused on high-growth companies in Africa. Members invest in companies such as Roadrunner Technology Solutions, with the network's fourth investment made in 2020.

General information

Firm type

Multi Family Office

Year founded

AUM

Undisclosed

Location

Region

Africa

Country

Uganda

City

Corporate office

Uganda

Sector focus

Impact InvestingVenture CapitalPrivate Equity

Frequently asked questions

Who runs investment decisions at Impact Angel Network?

IAN does not publicly name individual deal stewards or investment committee members. Decision-making is collective: members vote on co-investment opportunities sourced and vetted by the network's small central team. The operations lead manages pipeline flow and due diligence coordination but final allocations rest with individual members.

How does Impact Angel Network source proprietary deal flow?

Deal flow comes through a mix of member referrals, partnerships with East African accelerators (e.g., Villgro Kenya, Outbox Hub), and relationships with impact-first funds like Acumen. IAN does not maintain a public deal-sourcing website; opportunities are circulated within the member base via email and quarterly meetings.

Is Impact Angel Network structured as a single family office or does it operate more like a venture firm?

IAN is structured as a multi-family-office-style angel network. It operates as a membership organization where each family office or individual investor commits capital to a shared deal pipeline but makes independent investment decisions per opportunity. There is no pooled fund vehicle, so it functions more like a co-investment club than a traditional venture firm.

What investment stages does Impact Angel Network typically target?

IAN targets seed to Series A rounds, with check sizes ranging from $25,000 to $500,000 per deal. It focuses on early-stage ventures that have demonstrated some traction and are ready to scale within East Africa. Later-stage deals are occasionally considered but are not the core mandate.

Which sectors does Impact Angel Network explicitly avoid?

IAN avoids extractive industries such as mining, oil and gas, as well as tobacco, arms, and gambling. The network's impact thesis explicitly excludes any venture whose primary revenue model harms health, environment, or social equity in East African communities.

How does Impact Angel Network's model compare to a typical family office direct-investment approach?

Unlike a single-family office that deploys proprietary capital directly, IAN aggregates capital from multiple families and individuals to co-invest. This lowers per-family ticket sizes and spreads risk across a broader portfolio while still giving members direct exposure to specific companies. Members retain discretion over which deals to enter.

Where does the underlying wealth of Impact Angel Network members come from?

IAN does not disclose members' wealth origins. Based on the firm's focus on impact investing in East Africa, members are likely a mix of East African entrepreneurs, diaspora family offices, and international impact-first investors. No specific family or individual backstory is public.

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