Spearhead
Overview
Spearhead is a program founded by Naval Ravikant and Jeff Fagnan that provides capital and mentorship to founders to enable them to become angel investors. Founders accepted into the program receive a fund, starting at $2M, to invest in early-stage startups. The program is designed to turn successful founders into the next generation of venture capitalists by providing them with their own fund, back-office support from AngelList, and mentorship. It is distinct from scout programs in that participants manage their own funds.
Portfolio Companies
13
Website
spearhead.coInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| NexHealth | Jun 2020 | Series A | Co-investor |
| Alt | Nov 2021 | Series B | Lead |
| Roam Research | Sep 2020 | Seed | Co-investor |
| Mozart Data | Apr 2022 | Series A | Co-investor |
| Human Agency | Feb 2025 | Pre Seed | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Spearhead based?
Spearhead is headquartered in United States.
When was Spearhead founded?
Founding year information for Spearhead is not publicly available.
How many portfolio companies does Spearhead have?
Spearhead has 13 portfolio companies in Caplight's dataset.
What are some companies in Spearhead's portfolio?
Portfolio companies visible on Caplight include NexHealth, Alt, Roam Research, Mozart Data, Human Agency.
What was Spearhead's most recent investment shown here?
Spearhead's most recent investment in this portfolio sample was in Human Agency in 2025.
What sectors does Spearhead focus on?
Spearhead focuses on FinTech, Enterprise Software, Crypto & Web3, Crypto & Web3, FinTech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Cybersecurity, Enterprise Software, Cybersecurity, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure.
What company stages does Spearhead focus on?
Spearhead typically invests at the Early stage.
What is Spearhead's AUM?
Spearhead's assets under management are estimated at over $112.0M.