11 Angel Investors in Data Services You Should Know

For founders building in data services, infrastructure, or analytics, finding the right capital is a critical step. It's important to connect with investors who truly understand your business.

Unlike larger venture capital firms, angel investors often write the first checks and can move quickly. They invest their personal capital and frequently bring valuable early-stage experience.

To help you find the right partners, we've curated this overview of notable angel investors in the data sector. Use this guide to identify individuals who may be a good fit for your company.

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Top Data Services Angel Investors By Stage

Most angel investors in the data sector prefer to invest at the pre-seed and seed stages, where their capital and experience can have the greatest impact.

Understanding which investors are active at your stage helps you connect with the right people from the start.

Pre-seed Angel Investors in Data Services

Pre-seed is the earliest funding stage, often used to validate an idea and build a minimum viable product. While the investors on our list tend to engage at later stages, many pre-seed investors are individuals who write the very first checks into a new company.

Seed Stage Angel Investors in Data Services

Seed funding helps a startup refine its product, establish market fit, and begin to scale its operations. For data services companies at this stage, investors like Alexander Rosen, Mike Volpi, and Nick Grossman are known to be active.

Series A Angel Investors in Data Services

Series A is typically the first round of institutional venture capital, focused on scaling the business and growing revenue. Some notable investors in the data sector who participate in Series A rounds include Jeff Horing, Dave Barrett, and Alex Clayton.

Series B Angel Investors in Data Services

A Series B round is for companies that have achieved product-market fit and are ready to expand significantly, often into new markets. You might find investors such as Peter Levine, Richard Wells, and Ryan Hinkle participating at this more mature stage.

Keep in mind that many investors are flexible and participate in multiple funding rounds. It's always a good idea to research an individual's recent activity to see where they are most active.

Here is a closer look at some of the top angel investors in the data services sector. For each investor, you'll find information on their typical investment stages, primary sectors of interest, location, and what makes them a compelling choice for founders.

1. Peter Levine

Peter Levine is a general partner at the venture capital firm Andreessen Horowitz (a16z), where he invests in enterprise, cloud infrastructure, and data-focused companies. His background as a former CEO gives him a deep understanding of the challenges involved in scaling a technology business.

Levine often invests from the seed stage through Series B, showing a willingness to support companies at multiple points in their growth. His portfolio includes well-known technical product companies like Figma, Netlify, and Pinecone, indicating an interest in businesses with strong engineering cultures and developer-focused models.

Founders building ambitious enterprise or infrastructure software, particularly in AI and data services, may find Levine to be a valuable partner. He is a good fit for teams seeking capital from an investor with significant operational experience and the backing of a major firm.

• Investment stages: Seed, Series A, Series B
• Industries of focus: Cloud Infrastructure, Data Services, Enterprise, AI, FinTech
• Geographical presence: Based in Menlo Park, California
• Investment range: $50K - $50M, with a sweet spot around $8M
• Notable portfolio companies: Figma, Pinecone, Netlify, Labelbox
• Portfolio size: 71 investments

You can find more information about Peter Levine on his firm profile and LinkedIn.

2. Alexander Rosen

Alexander Rosen is a co-founder and Managing Director at Ridge Ventures, an early-stage venture capital firm. With a long history in VC, including roles at Sprout Group and General Atlantic, he brings a seasoned perspective to his investments.

His background combines an electrical engineering degree from MIT with an MBA from Stanford, signaling a strong interest in technically complex products with clear business applications. Rosen primarily invests at the seed and Series A stages, with a focus on enterprise software, data services, and AI, as seen in portfolio companies like SafeGraph and Outlier.

Founders with deep technical expertise who are building data-intensive or enterprise SaaS companies may find Rosen to be a good match. He is well-suited for teams looking for an experienced partner to help navigate early-stage growth and fundraising.

• Investment stages: Seed, Series A
• Industries of focus: Data Services, AI, Enterprise, SaaS, Cloud Infrastructure
• Geographical presence: Based in San Francisco, California
• Investment range: $1M - $7M
• Notable portfolio companies: SafeGraph, OfferFit, Outlier, Horizon3.ai
• Portfolio size: 61 investments

You can find more information about Alexander Rosen on his LinkedIn and the firm website.

3. Mike Volpi

Mike Volpi is a general partner at Index Ventures, where he co-leads the firm's San Francisco office. With a background that includes serving as Chief Strategy Officer at Cisco, he brings extensive operational and go-to-market experience to his investments.

Volpi invests across the seed, Series A, and Series B stages, with a clear interest in foundational technologies. His portfolio includes companies like Kong, Temporal Technologies, and incident.io, highlighting a focus on infrastructure, developer tools, and enterprise software.

Founders building technically complex products in areas like cloud infrastructure, data services, or AI may find Volpi to be a strong ally. He is a good fit for teams seeking a partner with deep industry knowledge who can help them scale their business effectively.

• Investment stages: Seed, Series A, Series B
• Industries of focus: Cloud Infrastructure, Data Services, AI, Security, FinTech
• Geographical presence: San Francisco, California
• Investment range: $100K - $2.0M
• Notable portfolio companies: Kong, Temporal Technologies, incident.io
• Portfolio size: 119 investments

You can find more information about Mike Volpi on his firm profile and LinkedIn.

4. Richard Wells

Richard Wells is a Managing Director at Insight Partners, a global venture capital and private equity firm. He primarily engages with growth-stage software companies, often participating in larger Series A and Series B rounds.

A key aspect of his investment approach is a focus on high-growth companies that have already found some market traction. His portfolio includes developer-focused businesses like Sonar and enterprise platforms such as commercetools and OneTrust, indicating an interest in technically robust products with clear commercial potential.

Founders leading established software companies in sectors like cybersecurity, data services, or health IT may find Wells to be a good partner. He is well-suited for teams seeking significant capital to scale their operations and expand their market presence.

• Investment stages: Series A, Series B
• Industries of focus: Data Services, Cloud Infrastructure, Developer Tools, Cybersecurity, Health IT
• Geographical presence: New York, New York
• Investment range: $10.0M - $350.0M
• Notable portfolio companies: Sonar, commercetools, OneTrust, Eden Health
• Portfolio size: 20 investments

You can find more information about Richard Wells on his firm profile and LinkedIn.

5. Jeff Horing

Jeff Horing is a co-founder and Managing Director at Insight Partners, a prominent global venture capital and private equity firm. He is known for backing high-growth software companies and often leads significant investment rounds.

While his firm is recognized for large, growth-stage investments, Horing also participates in seed rounds, showing flexibility across a company's lifecycle. His portfolio, which includes Island and Abnormal Security, points to a strong interest in enterprise infrastructure and cybersecurity.

Founders leading software companies with demonstrated traction, particularly in SaaS and infrastructure, may find Horing to be a good match. He is a compelling partner for teams seeking substantial capital and strategic support to scale their business aggressively.

• Investment stages: Seed, Series A, Series B
• Industries of focus: Enterprise Infrastructure, SaaS, Cloud Infrastructure, Data Services, Generative Tech/AI
• Geographical presence: New York, New York
• Investment range: $10.0M - $350.0M
• Notable portfolio companies: Island, Abnormal Security, Aqua Security
• Portfolio size: 109 investments

You can find more information about Jeff Horing on his firm profile and LinkedIn.

6. Alex Clayton

Alex Clayton is a General Partner at Meritech Capital, a firm that invests in later-stage, high-growth companies. He typically participates in Series A and Series B rounds, providing capital to businesses that are ready to scale.

His investment activity shows a strong interest in SaaS, cloud infrastructure, and enterprise software. Portfolio companies like Framer, Flock Safety, and tray.io suggest a focus on product-centric businesses with clear market opportunities.

Founders who have established product-market fit and are seeking growth capital for their software company may find Clayton to be a good partner. He is well-suited for teams that need support in scaling their operations and market presence.

• Investment stages: Series A, Series B
• Industries of focus: Cloud Infrastructure, SaaS, Enterprise, Cybersecurity, Data Services
• Geographical presence: San Francisco, California
• Investment range: $5.0M - $25.0M
• Notable portfolio companies: Framer, Flock Safety, tray.io, Personio
• Portfolio size: 19 investments

You can find more information about Alex Clayton on his firm profile and LinkedIn.

7. Dave Barrett

Dave Barrett is a managing partner at Polaris Partners, where he invests in companies from the seed stage through Series B. He is known for his work with software and healthcare technology businesses.

His investment portfolio shows a strong interest in health tech and data-intensive enterprise software. Companies like Cohere Health, Tausight, and Simon Data highlight his focus on sectors where data and analytics create significant value.

Founders building companies in health IT, SaaS, or cloud infrastructure may find Barrett to be a good fit. He is well-suited for teams looking for a partner with experience guiding companies from their early stages to significant growth.

• Investment stages: Seed, Series A, Series B
• Industries of focus: Health IT, Data Services, SaaS, Cloud Infrastructure, FinTech
• Geographical presence: Based in Boston, Massachusetts
• Investment range: $300K - $2.0M
• Notable portfolio companies: Cohere Health, Simon Data, Sonrai Security, Tausight
• Portfolio size: 47 investments

You can find more information about Dave Barrett on his firm profile and LinkedIn.

8. Ryan Hinkle

Ryan Hinkle is a Managing Director at Insight Partners, where he concentrates on growth-stage software companies. Having been with the firm since 2004, he brings a deep well of experience to his investments in sectors like SaaS, AI, and data services.

Hinkle typically invests in Series A and B rounds, providing significant capital to companies that are ready to scale. His background in both engineering and finance, combined with a portfolio that includes major players like Checkout.com and Bubble, signals an interest in technically sound businesses with proven market traction.

Founders who have established product-market fit and are seeking a substantial investment to fuel their expansion may find Hinkle to be a good match. He is well-suited for teams looking for a partner with experience guiding companies through significant growth.

• Investment stages: Series A, Series B
• Industries of focus: SaaS, AI, Data Services, Cloud Infrastructure, Education
• Geographical presence: Based in New York, New York
• Investment range: $10.0M - $350.0M
• Notable portfolio companies: Checkout.com, Bubble, Writer, Immersive Labs
• Portfolio size: 27 investments

You can find more information about Ryan Hinkle on his firm profile and LinkedIn.

9. Nick Grossman

Nick Grossman is a General Manager of Special Projects at Union Square Ventures (USV), a well-regarded venture capital firm. He is active in early-stage investing, particularly in emerging technology sectors.

Grossman primarily invests at the seed and Series A stages, with an evident focus on Web3, data services, and security. His portfolio includes companies like Reservoir and Paragraph, which align with USV's thesis on network effects and open systems.

Founders building companies in the Web3 or data infrastructure space may find Grossman to be a strong partner. He is a good match for teams seeking an investor with a deep understanding of decentralized technologies and the backing of a thesis-driven firm.

• Investment stages: Seed, Series A
• Industries of focus: Web3/Crypto, Data Services, Security
• Geographical presence: Based in Boston, Massachusetts
• Investment range: $1M - $6.0M
• Notable portfolio companies: Reservoir, Paragraph, Leap
• Portfolio size: 16 investments

You can find more information about Nick Grossman on his personal website and LinkedIn.

10. Nikitas Koutoupes

Nikitas Koutoupes is a Managing Director at Insight Partners, where he invests in growth-stage software companies. He is recognized for his work with businesses in the health tech and enterprise SaaS sectors.

Koutoupes primarily participates in Series A and Series B rounds, indicating a preference for companies that have already found product-market fit. His portfolio, which includes investments in companies like Copado and CommerceIQ, highlights an interest in developer tools and data-driven enterprise platforms.

Founders leading companies in health IT, SaaS, or data services that are ready to scale may find Koutoupes to be a good partner. He is a good fit for teams seeking significant capital and strategic support to accelerate their growth.

• Investment stages: Series A, Series B
• Industries of focus: Health IT, Data Services, SaaS, Enterprise, Developer Tools
• Geographical presence: New York, New York
• Investment range: $10.0M - $350.0M
• Notable portfolio companies: Copado, CommerceIQ, RapidSOS
• Portfolio size: 30 investments

You can find more information about Nikitas Koutoupes on his firm profile and LinkedIn.

11. Mark Dyne

Mark Dyne is an investor with Morpheus Ventures, a firm that backs early-stage companies. He participates in funding rounds from seed to Series B, showing a flexible approach to his investments.

His portfolio shows a wide range of interests, from FinTech and data services to gaming and hardware. He often supports companies through multiple funding stages, as seen with his investments in companies like Bestow and RapidDeploy.

Founders building companies in sectors like FinTech, data services, or IoT may find Dyne to be a good match. He is well-suited for teams looking for a partner who can provide support across several growth phases.

• Investment stages: Seed, Series A, Series B
• Industries of focus: FinTech, Games, Hardware, Data Services, SMB Software, IoT
• Geographical presence: Los Angeles, California
• Investment range: $100K - $5.0M
• Notable portfolio companies: RapidDeploy, Bestow
• Portfolio size: 6 investments

You can find more information about Mark Dyne on his firm profile and LinkedIn.

What Startup Founders Should Look for in a Data Services Investor

When seeking an investor for your data services startup, it's crucial to look beyond the capital. The investors on our list often bring significant operational or technical experience, which can be just as valuable as the funding itself. Consider whether a potential partner's background aligns with your company's challenges.

You'll also notice a strong overlap with adjacent sectors like AI, cloud infrastructure, and enterprise SaaS. This suggests investors value foundational technology with broad applications. As you prepare your outreach, keep these points in mind:

• Domain Expertise: Prioritize investors who understand the technical complexities of data infrastructure
• Network Access: A good partner can introduce you to customers, talent, and follow-on investors
• Geographic Focus: While many top investors are in hubs like New York, the right fit is more important than location

For more guidance, explore our tips on how to find angel investors for your startup.

Raise Confidently with Rho

Fundraising requires significant time and energy, so focusing your outreach on the right people is essential. We created this list to help you connect with investors who already understand the data sector, making your efforts more effective.

Once you've secured funding, managing it well is the next critical step. If you’ve just raised, Rho can help you set up your financial stack in minutes with our integrated business banking, corporate cards, and bill pay solutions.

Our platform gives you clear visibility and control over your new capital. This ensures your angel investment is directed toward growth and operations, not lost to manual financial admin.

FAQs about Data Services Angel Investors

Are there data services angel investors outside major tech hubs?

Yes. While hubs like the Bay Area and New York are prominent, angel investors are active across the country. Cities like Austin and Boston also have strong networks for data-focused startups, offering valuable local opportunities.

What do investors look for in a data startup's founding team?

Investors often seek teams with deep technical knowledge and a clear understanding of the market problem they are solving. Prior experience in the data industry is a significant advantage when approaching investors for different funding types.

How important is having a B2B model for a data services company?

Many data services investors prefer B2B models because they often have clearer paths to revenue and scale. Enterprise clients typically present more predictable and larger contract opportunities, which is attractive for B2B investors.

Do data services investors also fund AI companies?

Yes, there is significant overlap. Many investors see data infrastructure as foundational to artificial intelligence. Startups that manage, process, or analyze large datasets are often compelling to AI-focused investors.

How do I value my pre-revenue data startup?

For pre-revenue companies, valuation is often based on the team's experience, the size of the market opportunity, and any early technological progress. It is more of an art than a science at this early stage.

How can Rho help after I secure angel funding?

Once you've raised capital, Rho helps you manage it effectively. Our platform offers integrated business banking, corporate cards, and automated payables to give you full control over your finances. Get started with Rho today.