Invest with experienced business angels — or run your own syndicate

Invest alongside experienced business angels in startups — or start your own syndicate and monetise your dealflow. Invest together and earn carry, deal-by-deal: with no fund overhead, no 10-year lock, and the option of earlier liquidity through a secondary market.

Run an angel syndicate

Run your angel syndicate — without your own fund

Most angels pass on their dealflow informally — by handshake, with no carry and no structure. Setting up a fund would be the other extreme: expensive, slow, with a 10-year lock and a fixed thesis. A syndicate sits right in between.

A Beel syndicate

  • Deal-by-deal, with no fund structure
  • You set the rules, minimum ticket and fees
  • Co-investors onboard through the same flow
  • Earn carry from the first shared deal

Your own fund

  • Heavy setup, high fixed costs
  • A 10-year lock and a fixed investment thesis
  • Ongoing fund administration
  • Only worthwhile at large volume

How a syndicate works

From deal to carry

You bring the deal — Beel provides the infrastructure. Co-investors invest directly in the startup, their capital is never pooled, and you earn carry on the dealflow you already find.

01

Create a syndicate

Create your investment community and invite friends, family or other investors. You decide who becomes part of your syndicate — and set the carry fee yourself.

02

Share your dealflow

Share your dealflow with your syndicate. Each member decides whether and how much to invest on your terms — and invests directly into the startup through Beel.

03

Earn carry

You earn carry on the investments your community made. That's how you monetise your dealflow — without having to set up your own fund structure.

Syndicates on the platform

Syndicates you can join

Join a syndicate and invest alongside experienced angels directly into pre-selected startups — no pooled capital, deal-by-deal. Each syndicate has its own focus, its own rules and its own syndicate lead.

B2B & SaaS

B2B SaaS syndicate

Led by operators with their own SaaS exits. Access to pre-selected B2B startups from Germany and Austria — you decide on every deal whether, and with what ticket, to join.

View syndicate

DeepTech & AI

DeepTech syndicate

For technical founders and angels with a DeepTech background. Curated dealflow from research and AI — co-invest alongside people who can judge the technology.

View syndicate

Climate & Impact

Climate syndicate

Focused on climate tech and impact startups. Back rounds deal-by-deal that are viable both ecologically and economically — with the option of earlier liquidity via a secondary market.

View syndicate

Virtual shares

Co-investing through virtual shares

Through a syndicate, each investor invests themselves — directly into the startup via virtual shares: equity profit-participation rights that put investors on an equal economic footing with shareholders, with no fund structure and no notary. No capital is pooled; that is how you co-invest deal-by-deal and earn carry.

Structure

No fund structure

Back rounds deal-by-deal without setting up your own fund.

Rights

Equal economic footing

A claim to dividends and to exit and liquidation proceeds.

Liquidity

Transferable

Virtual shares trade on a secondary market — liquidity before an exit.

Learn more about virtual shares

What angels and leads want to know

How does an angel syndicate work on Beel?

As a syndicate lead you share pre-selected deals with your syndicate. Co-investors decide for themselves whether to join and invest directly in the startup through Beel. You earn carry — deal-by-deal, with no fund and no 10-year lock.

Does anyone have access to my capital?

No. A syndicate is not a VC fund. The lead only shares information about their investment and offers you the option to invest too. Every investment goes directly into the startup through Beel — nobody manages or pools your capital.

What fees can a lead set?

Leads set the rules of their syndicate: a one-off flat fee to join, a recurring subscription fee, or a carry fee on profits, due when returns are paid out. Co-investors pay Beel nothing.

Who can run a syndicate?

Active business angels with their own dealflow who invest regularly in German or Austrian startups. You set the rules on membership, minimum investment and fees yourself.

Ready to start your syndicate?

Create your syndicate or join one. Co-investors pay nothing.

Run a syndicate

Start your syndicate and share your first deal.

Create a syndicate
Join a syndicate

Co-invest with experienced angels.

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