AngelPad
Current standard terms not publicly specified · Global applicants; in-person US cohort · Between cohorts
AngelPad is a highly selective, hands-on accelerator run directly by Thomas Korte and Carine Magescas for a small group of globally sourced founders. Its official site says acceptance is below 1% and applications are currently closed; the next cohort and current investment terms have not been published.
Tier 2 · ranked #6selectiveequity
Official siteOpen in the live directory
Program intake
Applications are currently closed between program cycles.
What the source says“The application is currently closed.”
Key facts
| Terms | Current standard terms not publicly specified |
| Stage | seed |
| Applications | Between cohorts |
| Program dates | 10–12 week in-person cohorts; next cohort not dated |
| Location | Global applicants; in-person US cohort |
| Remote friendly | No |
| Warm intro needed | No — open application |
| Sectors | generalist |
| Status | closed |
Always confirm on the official page before applying — dates and terms change.
Background
Thomas Korte and Carine Magescas launched AngelPad in 2010 and still operate the program themselves. The official site emphasizes daily in-person work, a deliberately small cohort, and portfolio outcomes including Postmates and MoPub.
How the application really works
The program has a public application path and no required warm introduction is recorded. Apply at the official link and expect program-specific screening; the next exact deadline is not published.
Tips
- Read the cited current official page before applying because program dates and terms are volatile.
- State fit with the documented stage, geography, and attendance model; do not rely on an aggregator's old terms.
- Ask for the complete investment, fee, and follow-on documents when the public page does not publish them.
Watch out for
- The current official pages do not publish an investment amount or equity percentage. Historical ~$120k/7% figures must be reconfirmed against a future cohort's actual term sheet.
- Official AngelPad pages checked 2026-08-08. Applications are currently closed; anyone worldwide may apply when they reopen. The official site reports <1% acceptance and identifies Thomas Korte and Carine Magescas as the two hands-on operators. The often-cited ~$120k/7% terms are historical and must not be treated as a current offer without a new term sheet.
Track record
- Postmates
- MoPub
AngelPad's current official application page states an acceptance rate below 1%.
Frequently asked questions
- Is this program currently accepting applications?
- The program has a public application path and no required warm introduction is recorded. Apply at the official link and expect program-specific screening; the next exact deadline is not published.
- What are the current economics?
- The current official pages do not publish an investment amount or equity percentage. Historical ~$120k/7% figures must be reconfirmed against a future cohort's actual term sheet.
- How large and long is the program?
- The official site describes a deliberately small cohort; an AngelPad-hosted alumni account reports roughly 12–14 companies in a 12-week session. The official application description says Korte and Magescas personally review every submission and interview shortlisted founders in person. An AngelPad-hosted alumni account describes a 12-week cohort of roughly 12–14 companies and intensive investor preparation; founders should reconfirm the next cohort format when applications reopen.
- Can founders participate remotely?
- Treat as in-person unless the operator confirms otherwise.
- What happens after the program?
- Post-program rights and support beyond the published benefits were not inferred.
Related accelerators
Sources
- angelpad.com/home — Current official program or intake page (checked 2026-08-10)
- angelpad.com/more — Direct application path (checked 2026-08-10)
- angelpad.com/about — Thomas Korte and Carine Magescas biographies (checked 2026-08-10)
- angelpad.com/b/what-happens-at-angelpad — AngelPad-hosted alumni account of cohort size, duration and program experience (checked 2026-08-10)
- angelpad.com — Official current program homepage and positioning. (checked 2026-08-10)