How are subscriptions funded?

Subscriptions are funded either through wire or via ACH transfer using the information submitted through the AngelList platform. LPs must fund their subscriptions by the funding deadline indicated on the Platform.

Suppose an LP authorizes payment of its subscription by ACH and the LP’s AngelList account balance doesn't cover the LP's full subscription. In that case, the remaining balance will be transferred automatically via ACH from the LP’s bank account on the funding deadline date.

LPs will generally transfer their subscription amount once per quarter. If the initial close of the Program takes place after a fiscal quarter has already begun, the period between the first and second transfers may be less than a quarter. LPs can update the funding method (ACH, Wire) at any point from the portfolio dashboard.
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