Demo Day Funds
F24 Batch
Invest through LimitedFunds are exclusively available on Limited, AngelList's new private capital marketplace
Overview
AngelList Demo Day Funds, led by seasoned Y Combinator alumni or insiders, are raised prior to each YC cycle and provide unique investment access to that cycle’s companies.
Details
About Y Combinator
Now four times a year, Y Combinator makes a number of small investments into early-stage startups. These selected startup teams participate in the 3-month program to grow their metrics and refine their pitches. At the end of each cycle, the teams present their companies on Demo Day.
AngelList Demo Day access
Demo Day is closed to the public, but the AngelList Demo Day Funds give you access to Y Combinator companies. The Fall 2024 funds are available to invest exclusively on Limited, AngelList's new private capital marketplace.
Examples of investments are purely for illustrative purposes. There is no guarantee that the F24 Demo Day Funds will achieve the same exposure to or quality of portfolio companies held by any previous Demo Day Funds.
Data
Past Returns
| Batch | Net IRR | Net TVPI |
|---|---|---|
| Summer 2015 | 29% | 8.3x |
| Winter 2016 | 40% | 14.6x |
| Summer 2016 | 8% | 1.8x |
| Winter 2017 | 25% | 5.4x |
| Summer 2017 | 21% | 3.8x |
| Winter 2018 | 51% | 13.6x |
| Summer 2018 | 25% | 3.3x |
| Winter 2019 | 44% | 7.6x |
| Summer 2019 | 10% | 1.6x |
| Winter 2020 | 17% | 2.0x |
| Summer 2020 | 30% | 2.6x |
| Winter 2021 | 11% | 1.4x |
| Summer 2021 | 3% | 1.1x |
| Winter 2022 | 2% | 1.1x |
| Summer 2022 | 0% | 1.0x |
FAQs
Everything you
need to know
Currently, Limited is only accessible to accredited investors who are also qualified purchasers. Click here to learn more about qualified purchaser requirements. Visit here to learn more about Limited, powered by AngelList.
We are considering making future batches accessible to accredited investors. Please check back in 2025 for updates.
For inquiries about previous Demo Day funds, contact us at demoday@angellist.com.
For any additional questions, please reach out to demoday@angellist.com