Angel Squad
Scout Program
Discover how to join
Angel Squad
including requirements, application process, and compensation and explore other programs to join!
Scout Program
Angel Squad is Hustle Fund’s flagship community for first‑time and emerging angel investors. Launched in 2021, the program pairs structured education with hands‑on access to the fund’s top pre‑seed and seed deals so that members develop the skills, network and investment track record needed to become confident startup backers.
Cohorts kick off quarterly and begin with a 14‑day free trial that lets prospective members sample live workshops, pitch events and peer discussions before committing. Once enrolled, participants receive lifetime membership. Core curriculum spans Hustle Fund’s deal assessment framework, market sizing, cap‑table dynamics, portfolio construction and legal basics. Sessions are delivered live via Zoom and recorded for on‑demand review.
Every month Hustle Fund screens more than 1 000 companies; Angel Squad members see the two to three most compelling opportunities and can invest as little as $1 000 through AngelList SPVs. In addition, the community’s Circle.so hub hosts written guides, office‑hour replays and founder‑ask forums, while Slack channels facilitate diligence collaboration and informal networking across more than 40 countries.
IRL engagement reinforces remote learning. Hustle Fund organises quarterly meet‑ups in cities such as San Francisco, New York, Miami, Singapore and London, plus an annual “Camp Hustle” weekend of workshops, hikes and fireside chats. Members who pass the Series 65 exam are reimbursed for the cost, expanding participation beyond traditional accredited investors. Today Angel Squad counts 2 000+ members who have collectively invested over $30 million in 70+ startups, including Rupa Health, Karat and Forage. Alumni regularly spin up their own syndicates, join venture funds or raise micro‑funds, validating the program’s mission to create 10 000 new angels.
Join the Superscout community!
🌍 Meet other scouts globally.
👀 Get first dibs on new scout programs and VC openings.
✨ Get feedback and investor recommendations for your deal memos.
✌️ Learn and grow together as a community!
Hustle Fund backs “hilariously early” software founders worldwide, writing $25 k–$50 k pre‑seed cheques at the idea or MVP stage and then helping teams reach product‑market fit through weekly tactical support, community introductions and follow‑on capital. The firm believes speed, scrappiness and founder hustle—not warm networks—predict outsized outcomes.
Applications are accepted year‑round and reviewed weekly. Candidates complete a short Typeform and, if preliminarily approved, either schedule a 15‑minute call or start a complimentary 14‑day trial. Final acceptance hinges on engagement during the trial and alignment with Hustle Fund’s community values; the only hard exclusion is “no jerks.” Cohorts of roughly 250 new members launch each quarter.
Members are not paid; instead, they gain priority access to Hustle Fund deal flow and any financial upside from their own angel investments. The program also reimburses the $187 Series 65 exam fee for members who pass, effectively covering a pathway to SEC accreditation.
Angel Squad charges a membership fee rather than management or carry: $875 per quarter (cancel anytime) or $3 500 spread over four monthly payments for lifetime access. A 14‑day free trial precedes billing, and occasional scholarship discounts are offered to under‑represented investors. Members still need personal capital to invest in deals.
New cohorts open in January, April, July and October. Each cohort: Week 0 free trial → Week 1 orientation & “Angel 101” workshop → Weeks 2‑12 live deal reviews, peer circles and expert AMAs → Ongoing lifetime access after Week 12.
Expect about 5–10 hours per week: one to two live sessions, asynchronous reading, optional diligence calls and networking events. Participation is flexible and self‑paced after initial onboarding.
All education, deal reviews and peer matching run online; optional quarterly dinners and the annual Camp Hustle retreat rotate across major startup hubs worldwide.
How much does membership cost?
$875 per quarter or a one‑time $3 500 lifetime fee after a 14‑day free trial.
Do I need to be accredited?
Accreditation is only required when you write a cheque. Non‑accredited members can join and learn, then pass the reimbursed Series 65 exam to qualify.
What is the minimum investment per deal?
As little as $1 000 via AngelList SPVs; typical cheques range $1 000–$5 000.
How many deals will I see?
Hustle Fund shares 2–3 vetted opportunities with members each month across SaaS, fintech, climate and more.
Is Angel Squad global?
Yes—members hail from 40+ countries and events run across U.S. and Asia‑Pacific time zones.
Can I cancel?
Quarterly subscribers can cancel anytime before the next billing cycle; lifetime memberships require no further payments.
What do live sessions cover?
Topics include market sizing, term‑sheets, portfolio strategy, tax planning and operator AMA panels.
Are there in‑person events?
Quarterly dinners and the annual Camp Hustle retreat rotate through major hubs like SF, NYC, Miami and Singapore.
Does Hustle Fund charge carry on my investments?
Standard SPV fees apply (administration & carry) through AngelList; Hustle Fund takes no additional program carry.
How long does onboarding take?
Orientation occurs during Weeks 0–1, after which you can access all resources and start reviewing live deals immediately.
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