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§ Venture Capital · Canada
Parliament Angels functions as a specialized angel investment syndicate, channeling capital and expertise into early-stage technology companies. Comprising a collective of former Twilio employees, the group identifies promising startups, typically participating in seed and pre-seed funding rounds. Their approach emphasizes leveraging shared operational experience and strategic insights from a successful growth-stage company to empower new ventures.
The group formed from early employees of Twilio, who recognized an opportunity to pool their financial resources and extensive industry knowledge. Their founding insight centered on the value of offering more than just capital, providing mentorship and strategic guidance derived from their collective experience in scaling a high-growth technology platform. This collaborative structure allows them to support founders effectively.
Parliament Angels primarily serves founders of burgeoning technology companies seeking not only investment but also seasoned advice. The syndicate aims to cultivate a robust ecosystem of innovation, backing ventures with potential for significant impact and growth. Their long-term vision involves continuously identifying and nurturing the next generation of transformative technology companies, utilizing their unique background to foster success.
Parliament Angels has 1 tracked investment across 1 company. The latest tracked deal is $8.0M Series A in Private AI in November 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2022 | Private AI | $8.0M Series A | BDC Venture Capital | Faber, FINTOP Capital, M12, Panache Ventures, Charlie Songhurst, Nicolas Berggruen, TOM Davis, Differential Ventures, Forum Ventures, GIT1K Club, Panda Angel Partners, Shasta Ventures |