We Founder Circle (WFC), in its second year, invest over Rs 100 crore (approx $12.5 million) across 71 deals in 53 startups, emerging as the largest angel network in India by deal count.
The company also provided seven partial exits to its investors. Over 6,700 investors from over 400 cities and 40 countries have invested in over 100 deals worth over $20 million, as per reported by BW Disrupt.
Commenting on the achievement, Deo Saurabh, Co-founder, of We Founder Circle said, “In 2022 we have covered 35 tier 2/3/4 cities of India, and next year then plan is to reach 70+ more. The idea is to enable the local city-level ecosystem with tech, funding, and community support. The SME business owners are adding immense strength to our community with their years of experience in building businesses. They are one of most active angel investor groups of the WFC Community.”
Targeting a major network expansion in 2023, WFC plans to invest in at least 200 startups and catalyze their growth through its two angel funds. WFC is also planning to expand to 100 cities in India this year to bring the SME business community into the mainstream ecosystem.
We Founder Circle is trying to help the most inspiring and ambitious entrepreneurs. Every month they select the best ideas and teams through a careful community-supported selection process and seed funds of around $100K-150K.
Founded in 2020, We Founder Circle helps early-stage startups raise funds and thrive and succeed with the global startup community. Neeraj Tyagi founded WFC with a simple idea – successful founders fostering startups and fueling innovation.
We FounderCircle is a digital-first, community-based investment platform. With 200+ past investments, 4000+ startups evaluated, and 6000+ total investors.
About We Founder Circle
We Founder Circle is able to assist early-stage entrepreneurs in developing into successful businesses by providing them with a worldwide startup network and means to raise capital. WFC was established in the year 2020 with the straightforward notion that successful founders supporting new entrepreneurs will promote innovation.