Snap alumni launch Ghost Angels fund to back social media startups
By
Dominic-Madori Davis
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Summary
A group of 20 Snap alumni, led by Max Rivera, has launched a venture fund called Ghost Angels to invest in the next generation of social media startups. The fund has already backed at least five companies and plans to deploy remaining capital into at least 15 more within the next year. Rivera started the fund in 2025 to formalize the growing Snap alumni angel-investing community, which includes around 20 other founder members and investors.
Key quotes
· 3 pulledA group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.
The fund declined to disclose how much it has raised so far, but says it has backed at least five companies and plans to deploy the remaining capital within the next year into at least 15 companies.
Max Rivera, who once led global partnerships at Snap, started the fund in 2025 to formalize the already-growing Snap alumni angel-investing community.
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