- KapTable operates an online platform for secondary shares in startups globally
- This is AngelBay’s 12th investment in 2021 and reinforces AngelBay’s focus on investing in fast growing startups with disruptive business models
10th August 2021
KapTable.co has built an online secondary platform which offers Angel Investors and Institutions avenues for early monetization of their startup investments prior to normal exit events. KapTable is on track to list over 40 global startups from seed to pre-IPO stage Unicorns and has over 100 users signed up on the platform within one month of starting operations.
Arjun Gopinath, the CEO & Co-founder of KapTable, said “I’m excited to welcome AngelBay as our lead investor in this journey as we seek to transform the secondary space. An organized market for secondary startup equities is an evolutionary necessity given the explosive growth in startup investing in India & globally. The strategies and needs of Angels and early stage VCs evolve over time and KapTable wants to be the one stop shop whenever a secondary sale is contemplated.”
Arjun, who splits time between Dubai & India, further elaborated, “We have developed a robust technology platform which underpins our marketplace offering, and have signed up with service providers including Chartered Accountants, third party Escrow Providers and Legal firms to ensure that users can safely and securely interact on our platform.”
AngelBay’s founder Sorabh Agarwal, commented saying “Secondary space is an evolving market that is in nascent stage and AngelBay is thrilled to partner with KapTable to set the agenda for this segment. We have seen the pain points in matching buyers and sellers in the secondary transactions and when we saw KapTable’s product, the early mover advantage and the TAM for secondaries, the win-win opportunities were obvious.”
AngelBay is a sector and location agnostic private angel network which has syndicated investments in over 60 start ups. Through an extensive network of over 100+ VC/PE firms, Family offices and Corporates, AngelBay helps the portfolio companies with business development, strategic tie ups and institutional funding.