Fund profile / United States

USVC by AngelList

Geography
United States
Stage
Late Stage
Fund size
USD
Focus
AI/ML and Enterprise Software
Signals
Published
Share
N°01 / About

About USVC by AngelList

AngelList Asset Management's regulated venture fund allowing ordinary Americans to invest in elite private tech companies (OpenAI, Anthropic, xAI, etc.) starting at $500. Naval Ravikant chairs the investment committee. No carried interest. SEC-registered fund open to non-accredited retail investors at scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States
Funding StageLate Stage
Industry Focus
AI/ML
Enterprise Software

Investor Signals Profile

active

Sweet Spot

AI/fintech/defense cos gaining traction, $500+ min ticket

AI-first
fintech
healthcare
defense-tech
retail-accessible VC

Bullish Signals

Portfolio: xAI, Anthropic, OpenAI, Crusoe, Sierra, Legora, Vercel — 44% deployed by March 2026fundmomentum.vc/blog/...
Naval Ravikant chairs investment committee; 1% mgmt fee, 0% carry — structural competitive weaponfundmomentum.vc/blog/...
First SEC-regulated VC fund open to non-accredited retail investors at scale; $500 min entryfundmomentum.vc/blog/...
AngelList: $125B AUM, 25K+ funds, 13K+ startupslinkedin
USVC now live on SoFi: 15M+ eligible members, $500 minimumlinkedin
Active community events: design make-a-thon SF, builder activation for 1-3yr experience founderslinkedin
SoFi partnership expands AI, fintech, healthcare, defense exposure to mainstream retaillinkedin
2021 median TVPI 1.12x as of July 2026; vintage recovery holdinglinkedin

Contrarian Signals

Liquidity severely constrained — quarterly buybacks capped at 5% NAV; retail investors may be gated for yearsfundmomentum.vc/blog/...
Retail fund structure, no named GPs disclosed beyond Naval as IC chair — not traditional VC engagementlinkedin
LP distributions remain constrained; vintage recovery slow despite TVPI improvementlinkedin

Founder Do's

Build AI, fintech, healthcare, or defense innovation
Seek broad cap table / retail exposure
Target companies AngelList ecosystem touches
Engage AngelList community events early
Aim for 15M+ retail investor reach via SoFi

Founder Don'ts

Expect traditional VC engagement
Seek early pre-seed checks
Need hands-on GP support

22 signals on USVC by AngelList

8 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 3 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund SizeUSD
Saves0
People

Key People

AngelList Asset Management

Irin SonCommunity/Events Lead
Jonas WillettCommunity/Events Lead
Abe OthmanResearch/Analytics
N°04 / See also

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