Jeff Clavier, who was one of the early pioneers of “super angel” investing, is raising a new $35 million fund, according to a filing with the Securities and Exchange Commission.
Clavier is one of the best-known angels in the Valley — for example he was recently named one of the top angel investors in tech by BusinessWeek. Like other super angels, Clavier invests through a fund (as opposed to a typical angel investor, who invests their own money), in his case SoftTechVC. His current investments cover a broad spectrum of companies, including real-time analytics service ChartBeat, customer service company Get Satisfaction, and ticketing startup Eventbrite.
Last year’s exits include local shopping startup Milo, which as acquired by eBay for $75 million, and mobile game maker Tapulous, which was acquired by Disney.
The filing states that Clavier has raised $14.5 million so far — a figure that he confirmed via email. He declined to comment further, presumably since he’s still raising the fund. Clavier’s last fund, SoftTech VC II, was $15 million, so this looks like a significant expansion. Other big super angel funds include $20 million for Ron Conway’s SV Angel and $40 million for Aydin Senkut’s Felicis Ventures (Senkut is an investor in VentureBeat).
Update: Clavier may not be saying much about the fund, but he did announce today that he has made two hires — Charles Hudson is joining as a venture partner, and Ashley Cravens as executive assistant.