Founded in 2016, Wharton Alumni Angels is an active angel investment group composed of University of Pennsylvania alumni and non-Penn alumni who have joined their angel community. Their members are entrepreneurs, senior business executives, and institutional investors with a global reach. Wharton Alumni Angels' over 500 members in 23 countries have invested in more than 50 early-stage companies. Wharton Alumni Angels members seek to add value 'beyond the deal' and actively provide mentoring and assistance to young companies. They are enthusiastic about entrepreneurs and passionate teams pursuing their dreams. Through a global membership and the Wharton alumni community, the organization has a deep network and close relationships with venture capital funds, other angel networks, and innovation ecosystems worldwide to cultivate the growth of start-ups. Wharton Alumni Angels participates most often in seed and Series A investments, and occasionally later-stage rounds and does not focus on specific verticals or industries.