Top 7 AngelList Alternatives in 2024

While AngelList has been a popular choice for many startups and investors, the following alternatives may be better suited to your specific requirements by offering enhanced functionality, a better user experience, and customization options. Continue reading to find the right platform for your business needs.

Systematic stands out as the best alternative to AngelList thanks to its artificial intelligence (AI)-powered platform that bridges the gap in startup financing. By leveraging advanced technologies, Systematic enhances visibility and showcases a curated and analyzed version of companies to investors interested in their area, sector, stage, and approach.

For founders, Systematic offers a range of key features that include:

• Smart algorithm-based matching with relevant investors
• Tools that enable going to market with a complete, pre-analyzed data room
• The ability to showcase profiles and pitch decks to receive valuable feedback from the investor community
• Access to curated introductions to top investors and lenders

Investors, on the other hand, benefit from Systematic's AI and automation capabilities. The platform enables investors to:

• Discover new investment opportunities through custom searches
• Assess startups' addressable market size and growth potential using AI and large datasets
• Leverage AI technology to analyze and rank prospects and portfolio companies

Systematic offers a free, two-week trial and a 50% discount off the first year for TRUiC readers. Custom pricing is available after that initial period.

Gust is designed to support entrepreneurs throughout their startup journey — from ideation to fundraising and beyond. With a community of more than 800,000 founders, the service provides access to a powerful network of partners, accelerators, and angel investment groups. 

Key features of Gust include:

• Benchmarking insights to help startups make data-driven decisions
• Tools for planning cofounder ownership and incorporating the company
• Comprehensive company profiles for communicating progress and preparing for due diligence
• Fundraising tools for planning, finding investors, and closing investments seamlessly

Gust offers three pricing plans: Start ($450/year), Accelerate ($1,250/year), and Raise ($3,500/year). By providing a comprehensive set of tools and resources, Gust positions itself as a valuable AngelList alternative for startups looking to start, grow, and fund their ventures more effectively.

Investor Connect is a data-powered platform offered by Mercury, a fintech company known for its banking services and corporate cards. The platform aims to streamline the fundraising process by connecting ambitious founders with interested investors.

For founders, Investor Connect offers a one-to-many pitch format that allows them to submit their pitch in less than 10 minutes and potentially reach multiple investors from a single submission. The platform welcomes companies of all geographies, sectors, and business models — even if they aren't Mercury customers. The process is simple and involves these key steps:

• Submit your pitch in less than 10 minutes.
• Pitches are then reviewed on a rolling basis with a cohort of promising startups selected each month.
• If selected, your pitch will be sent to investors looking for companies at your stage, industry, business model, location, and/or round size.

On the investor side, Mercury Investor Connect delivers a curated "drop" of top startups that fit their investment criteria each month. Investors can join the pool by filling out a short form with their preferences and easily request warm intros.

Vestbee is designed to empower startups, venture capital (VC) funds, angel networks, accelerators, and corporate programs with powerful tools and high-quality connections. 

Vestbee provides the opportunity for startup founders to get funded by top venture capitalists (VCs) and foster business growth with the right community and infrastructure. Key features include:

• Creating a powerful fundraising profile that converts
• Receiving tailored introductions to relevant VCs
• Sharing your startup one-pager with a secure link and analyzing investor engagement

On the investor side, Vestbee brings VCs closer to undiscovered investment opportunities faster than ever before. The platform enables investors to:

• Discover the best startups, expanding deal flow
• Connect with founders instantly
• Find and close the next big thing, receiving custom-tailored notifications

Raizer is a platform designed to make fundraising easier and more enjoyable for founders. With a community of more than 70,000 investors and founders, Raizer offers a range of features to streamline the fundraising process.

Key features of Raizer include:

• Access to more than 55,000 active investors
• Customizable startup pages to attract attention from the community
• Curated investor lists, featuring top VCs, angel investors, family offices, and private equity firms
• AI-powered outreach to connect with relevant investors in just one click

Raizer offers a free plan and three paid plans — Basic ($69/month), Pro ($129/month), and Ultimate ($199/month) — with varying levels of features and support. Additionally, the platform provides an assisted service that includes white-glove onboarding, custom email and social media outreach campaigns, and dedicated manager support.

F6S is a leading global founder and startup network that helps public sector entities, corporations, investors, research institutions, programs, and universities in the global startup ecosystem. The platform aims to help founders and startups grow to solve the world's pressing social, economic, environmental, sustainability, and innovation problems.

Key features of F6S include:

• Connecting with accelerators, grants, and contracts
• Getting help with free resources, talent searches, and exposure
• Delivering company growth through grants, partnerships, funding, investment, pilot contracts, jobs, talent recruitment, and company services

F6S offers a range of tools and services to support startups at various stages of their journey, making it a comprehensive alternative to AngelList for founders seeking growth opportunities and resources.

Signal is a free, community-driven investing network for founders, VCs, scouts, and angels. Its mission is to provide all founders with access to the highest-quality capital sources and advice, helping them find the right investors for their company based on sector, stage, and quality of investor.

For founders, Signal solves the biggest problem they face: finding the right investors. The platform does three key things for founders:

• Helps them identify investors who may be a good fit for their startup
• Uncovers the investor contacts they already have
• Enables them to effectively track their fundraising process

For investors, Signal provides:

• An investing profile that highlights their past investments, investing philosophy, sectors of expertise, and target investment criteria
• A private, preferred co-investor list where they can privately share and collaborate on deals with their investing network on Signal

Signal is a 100% free tool from NFX Capital, built to give founders a faster, more transparent fundraising process supercharged by software. The information on the platform is crowdsourced from the startup community with data continuously updated by an engaged community based on feedback loops.

While AngelList remains a popular choice for many startups and investors, the alternatives mentioned above offer unique features and benefits that may better suit your specific requirements. 

By exploring these options and considering factors like functionality, user experience, and customization options, you can find the perfect platform to help your startup thrive or optimize your investment strategy in 2024.