Companies · Investment Vehicle

Gaingels Early Stage Fund I LLC

BURLINGTON · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Gaingels Early Stage Fund I LLC — recommendation, valuation, rhythm, risks.
$4.3M
Total raised · real
1
Rounds
0.1×
Latest step-up
Top 46%
Sector rank · raised
Series A
Latest stage · inferred · Fri Feb 23 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Gaingels Early Stage Fund I LLC has raised $4.3M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Gaingels Early Stage Fund I LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
2.4 yr record
Peak capital year was 2024 with $25.6M across 9 filings.
Market position
ahead of 55% of Investment Vehicle peers
Capital scale is ahead of 55% of Investment Vehicle peers; modeled value is above 47% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2024: $25.6M across 9 filings.
  • Largest single filing was $4.3M on 2024-02-23.
  • Filing rows sum to $25.6M, while canonical raised total is $4.3M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Investment Vehicle

Gaingels Early Stage Fund I LLC is one of 1793 Investment Vehicle companies tracked from BURLINGTON. By capital raised it ranks mid-pack (ahead of 55% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
44
Investors (latest)
2024
Year incorporated
2024-02-23
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeries A · 2024-02-23 Raised $4.3M (real) Modeled valuation $22M (est)Series A2024Seed · 2024-02-23 Raised $3.9M (real) Modeled valuation $19M (est)Seed2024Seed · 2024-02-23 Raised $2.6M (real) Modeled valuation $12M (est)Seed2024Seed · 2024-02-23 Raised $2.7M (real) Modeled valuation $13M (est)Seed2024Seed · 2024-02-23 Raised $2.7M (real) Modeled valuation $13M (est)Seed2024Pre-Seed · 2024-02-23 Raised $213K (real) Modeled valuation $994K (est)Pre-Seed2024Series A · 2024-02-23 Raised $4.3M (real) Modeled valuation $22M (est)Series A2024Series A · 2024-02-23 Raised $4.3M (real) Modeled valuation $22M (est)Series A2024Pre-Seed · 2024-02-23 Raised $579K (real) Modeled valuation $2.7M (est)Pre-Seed2024+$3.9M+$2.6M+$2.7M+$2.7M+$213K+$4.3M+$4.3M+$579KCumulative $26M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$4.3M · 2024
Bridge · Series A-stage$3.9M · 2024smaller follow-on
Bridge · Series A-stage$2.6M · 2024smaller follow-on
Bridge · Series A-stage$2.7M · 2024smaller follow-on
Bridge · Series A-stage$2.7M · 2024smaller follow-on
Bridge · Series A-stage$213K · 2024smaller follow-on
Series A extension$4.3M · 2024
Series A extension$4.3M · 2024
Bridge · Series A-stage$579K · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$22.0M
Base estimate est.
$5.9M
Conservative case
$51.6M
Upside case
$19.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $21.6M · 2024-02-232024Seed · modeled $18.9M · 2024-02-23Seed · modeled $12.3M · 2024-02-23Seed · modeled $13.1M · 2024-02-23Seed · modeled $12.8M · 2024-02-23Pre-Seed · modeled $994K · 2024-02-23Series A · modeled $22.0M · 2024-02-23Series A · modeled $21.9M · 2024-02-23Pre-Seed · modeled $2.7M · 2024-02-232024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
2.4 yr
On record since
2024
First round
9
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.3× above median
This company$4.3M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$579K
Sector median$6.6M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$22.0M
Sector median$25.2M

Raised more than 55% of sector peers (real $). Modeled value above 47% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.3M2024-02-23$19.3M$21.6M90%
Seed$3.9M2024-02-23$19.7M$18.9M90%
Seed$2.6M2024-02-23$12.8M$12.3M90%
Seed$2.7M2024-02-23$13.7M$13.1M90%
Seed$2.7M2024-02-23$13.3M$12.8M90%
Pre-Seed$213K2024-02-23$1.2M$994K90%
Series A$4.3M2024-02-23$19.7M$22.0M90%
Series A$4.3M2024-02-23$19.7M$21.9M90%
Pre-Seed$579K2024-02-23$3.2M$2.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.3M2024-02-23
    • First recorded raise — entered as Series A.
    • 86 investors on this round.
  2. Seed$3.9M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 79 investors on this round.
  3. Seed$2.6M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 55 investors on this round.
  4. Seed$2.7M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 63 investors on this round.
  5. Seed$2.7M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 60 investors on this round.
  6. Pre-Seed$213K2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 12.5× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  7. Series A$4.3M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 20.4× larger than the prior — scaling up.
    • 89 investors on this round.
  8. Series A$4.3M2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 88 investors on this round.
  9. Pre-Seed$579K2024-02-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.5× smaller than the prior — bridge or down round.
    • 44 investors on this round.
Intelligence
Modeled next raise
$579K
Modeled next size est.range $579K$926K
0.1×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Paul Grossinger193 other2024-02
Cathal O'Dea8 other2024-02
Registry & provenance

Gaingels Early Stage Fund I LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2013710
SEC CIK
2024
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Gaingels Databricks 2024 LLCOtherSeries A$5.4M$21.6Mnetwork1 shared operator · same stage
Careerian Inc.Other TechnologySeries A$20.3M$204.1Mnetwork1 shared operator · same stage
Imperative Group, Inc.OtherSeed$6.1M$15.3Mnetwork1 shared operator
Gaingels Akash LLCOtherSeed$2.8M$8.3Mnetwork1 shared operator
Gaingels Spark IV LLCOtherSeed$2.5M$14.2Mnetwork1 shared operator
Gaingels Lambda LLCOtherSeed$2.2M$6.4Mnetwork1 shared operator
Gaingels Epirus 2024 LLCOtherSeed$2.1M$6.9Mnetwork1 shared operator
Gaingels Prekupec Neurophos 2024 LLCOtherSeed$2.0M$7.2Mnetwork1 shared operator
Frequently asked
How much funding has Gaingels Early Stage Fund I LLC raised?
Gaingels Early Stage Fund I LLC has raised approximately $4.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Gaingels Early Stage Fund I LLC's estimated valuation?
Provath's modeled valuation for Gaingels Early Stage Fund I LLC is approximately $22.0M (modeled range $5.9M–$51.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Gaingels Early Stage Fund I LLC at?
Gaingels Early Stage Fund I LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Feb 23.
What does Gaingels Early Stage Fund I LLC do and where is it based?
Gaingels Early Stage Fund I LLC operates in the Investment Vehicle sector, based in BURLINGTON.
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