Archangel Ventures 2021 - A year in review
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.
Partner, Archangel Ventures · angel in 1 deal
Every published round Andrew Cicutto took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Fluency | Pre-seed | 29 Apr 2025 | $1.5m | Participant | Startup Daily (13 Feb 2026), SmartCompany (10 Feb 2026), Startup Daily (9 Feb 2026), Startup Daily (25 Jun 2025), SmartCompany (2 May 2025), Startup Daily (29 Apr 2025), Exhort Ventures portfolio |
Companies Andrew Cicutto has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Fluency | AI work intelligence platform that turns organisational activity into documentation and w… | 29 Apr 2025, Pre-seed | 1 | 0 |
Fund closes reported for Andrew Cicutto, as distinct from the investments it has made.
Companies Andrew Cicutto has backed that another company then bought. An exit for the holding, not a deal Andrew Cicutto did.
Stories naming Andrew Cicutto. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Archangel Ventures reviews 2021: the Australian early-stage firm closed its first annual fund, made 24 investments, and recalls portfolio raises by Atelier, Bardee, Heaps Normal and Relevance AI.