For Established VCs
Scout Funds
Advance alongside other VC firms by cultivating new relationships through a scout program. Launch or scale your scout fund with AngelList.

By the numbers
How it works
Amplify your ecosystem
Run your scout program with a unique regulatory structure, premium software, and white-glove service. We provide end-to-end support, allowing you to focus on strengthening your firm’s connections.
Benefits
Accelerate scout fund operations

Delegate compliance to a trusted advisor
Minimize overhead from legal and regulatory compliance requirements with the option to leverage the AngelList-advised fund structure. AngelList entities can serve as the legal general partner and investment advisor to the fund.

Streamline scout communications & onboarding
Your account manager serves as your scouts' operations lead, assisting with onboarding and investment workflows. Scouts can submit and close deals in their AngelList dashboard and track their investments on behalf of the fund.

Outsource back-office operations
We coordinate all aspects of fund administration, including delivering all K-1s and tax documentation, completing transaction reviews, and providing unaudited financial reporting. Your firm and scouts can access all documentation directly through your AngelList dashboard.
Features
Stay ahead with the first solution designed for scout funds
Outsourced advisory supportAngelList can serve as the legal GP and investment advisor.
Flexible carryCarry pools, deal-by-deal, or scout-by-scout.
Budget allocationScouts access budgets and invest through one login.
Real-time visibilityView performance scout-by-scout or at the program level.
Scale your scout network
AngelList delivers full-service scout fund management through an innovative legal structure, dedicated service, and premier software.
Resources
News on Scout Funds
- Sequoia Capital’s Jess Lee On Working With Young Startups As Firm Raises New $195M Seed FundCrunchbase
- A peek inside Sequoia Capital's low-flying, wide-reaching scout programTechCrunch
- Powerset gives founders $1 million to invest in other startups TechCrunch
- Want to Mimic Sequoia’s “Scout” Program? Proceed with CautionVenture Capital Journal