AngelList

Q: Is AngelList the same as Wellfound?

Not anymore. AngelList Talent became Wellfound in November 2022 and split off as its own company. AngelList says Wellfound is no longer part of its portfolio.

Q: Where did AngelList jobs go?

To Wellfound. angel.co now redirects to wellfound.com. Creating a profile and applying to jobs there is free for candidates.

Q: How much does an AngelList SPV cost?

$8k setup, plus a $2k state fee on most deals. Follow-on SPVs cost $5k plus $2k. The fees are split across the LPs, and the minimum raise is $80K.

Q: What does AngelList do now?

Fund admin and investing tools. It serves fund managers, deal leads and investors, with SPVs, venture fund admin, USVC and Meridian.

Q: Can I invest in startups through AngelList?

Yes, in two main ways. Accredited investors can join syndicates and deals. Retail investors can buy into USVC, a registered closed-end venture fund.

Q: What are AngelList alternatives?

Other angel and fund platforms. Browse our angel investing software list.

Fund admin, SPVs and investing tools for venture. Startup jobs moved to Wellfound.

Venture fundsSPVs and syndicatesJobs now Wellfound

Visit angellist.com ↗Last verified: 5 Nov 2026

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$8kSPV setup fee

0.1% + $10kFund admin, per year

Nov 2022Jobs spun out as Wellfound

FreeSyndicate profile

The short version

What is AngelList now?

AngelList is now a platform for venture funds, SPVs and investors, not a startup jobs site. Its jobs business, AngelList Talent, became a separate company called Wellfound in November 2022, and angel.co now redirects to wellfound.com.

Today AngelList runs fund administration for venture funds, rolling funds, scout funds and SPVs, with digital subscriptions and a data room for investors. It also has USVC, a registered fund that gives retail investors access to venture capital, Meridian, a wealth platform for private markets, and Nova, a banking network listed as coming soon. AngelList says Wellfound is no longer part of its portfolio.

Bottom line: if you came here to find a startup job, go to Wellfound, which is free for candidates. If you lead deals, run a fund or want to invest in startups, AngelList is the right site.

What it does

Key features

SPVs and syndicates

Lead a deal through a single-purpose vehicle. AngelList handles formation, investor closings, distributions and back-office work.

Venture fund admin

Software and services for formation, capital calls, distributions, tax and reporting, for venture, rolling and scout funds.

USVC for retail investors

A registered closed-end fund that gives retail investors access to venture capital, run by AngelList Asset Management.

Investor tools

Digital subscriptions and a data room for LPs, plus Meridian for discovery, diligence and portfolio management.

What it costs

AngelList pricing (2026)

Plan	Price	What you get
SPV	$8k one-time + $2k state fee	Formation and admin for the life of the deal. Minimum raise $80K. Fees are shared by the LPs.
Follow-on SPV	$5k + $2k	Pro-rata or follow-on deal on the same syndicate. Minimum raise $50k.
Venture fund, Institutional	0.1% of fund + $10k/yr	Fund administration, billed quarterly. Setup fee depends on fund complexity.
Venture fund, Full Service	0.15% of fund + $20k/yr	Fuller service level, billed quarterly. Subject to a minimum fund size.
Syndicate profile	Free	Create a profile to start leading deals.

USD, from angellist.com pricing and SPV pages on 5 Nov 2026. Rolling and scout fund prices are not published.

Honest fit

Who it's for, who it isn't

Pick AngelList if

You lead angel deals and want SPVs handled for you
You are launching a first venture fund
You invest as an LP through syndicates
You want venture exposure through a registered fund (USVC)

Look elsewhere if

You are looking for a startup job (use Wellfound)
You want to raise less than $80K in an SPV
You need published prices for rolling or scout funds
You want a list of investors to cold pitch

What people ask

AngelList FAQ

Is AngelList the same as Wellfound?

Not anymore. AngelList Talent became Wellfound in November 2022 and split off as its own company. AngelList says Wellfound is no longer part of its portfolio.

Where did AngelList jobs go?

To Wellfound. angel.co now redirects to wellfound.com. Creating a profile and applying to jobs there is free for candidates.

How much does an AngelList SPV cost?

$8k setup, plus a $2k state fee on most deals. Follow-on SPVs cost $5k plus $2k. The fees are split across the LPs, and the minimum raise is $80K.

What does AngelList do now?

Fund admin and investing tools. It serves fund managers, deal leads and investors, with SPVs, venture fund admin, USVC and Meridian.

Can I invest in startups through AngelList?

Yes, in two main ways. Accredited investors can join syndicates and deals. Retail investors can buy into USVC, a registered closed-end venture fund.

What are AngelList alternatives?

Other angel and fund platforms. Browse our angel investing software list.

Keep comparing

AngelList alternatives

Angel investing softwareOther platforms for angels

Fundraising toolsFor founders raising a round

Data room softwareShare documents with investors