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First Round Capital AngelTrack Fellowship

Fellowship

Discover how to join
First Round Capital AngelTrack Fellowship
including requirements, application process, and compensation and explore other programs to join!

Overview

Angel Track is a no-fee educational fellowship program from First Round Capital designed to develop emerging angels and connect them to a 400+ person alumni network. The program emphasizes education and community building rather than capital provision, offering an immersive learning experience grounded in two decades of First Round's early-stage investing expertise.

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Investment Focus

Application Advice

Start at least six weeks before the deadline so you have room to refine your narrative. Open a fresh Notion doc and outline three concise sections: (1) your founder/operator background, (2) proof of consistent angel activity, and (3) specific ways you help portfolio companies. Lean on metrics – number of hires you sourced, products you shipped, exits you supported – to show traction.

When completing the Typeform, answer every prompt with tight, data‑backed paragraphs (100‑150 words each). After submission, line up two past founders to vouch for you; if you progress to interview, reference their successes concretely. Use the interview to clarify your investment focus and ask thoughtful questions about the cohort rhythm. Finally, follow the First Round partners on X and repost the application call: public enthusiasm signals genuine engagement.

Overview

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Frequently Asked Questions

Who should apply?

Founders and senior operators who have already completed several angel investments and want to professionalise their approach.  

Do I need to be an accredited investor?

No – you can join the program without accreditation, though you must be accredited to invest.  

Is the program remote?

Core sessions are held on Zoom, with optional in‑person dinners in San Francisco and New York.  

How big is each cohort?

Around 35‑40 fellows are selected per cycle to keep discussions interactive.  

Does First Round invest alongside fellows?

The fellowship itself does not include capital, but alumni sometimes receive invites to co‑invest in First Round deals.  

Feels like a match?

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First Round Capital AngelTrack Fellowship
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