Golden Gate Ventures’ newly appointed COO Angela Toy / Photo credit: Golden Gate Ventures
Venture capital firm Golden Gate Ventures has appointed Angela Toy as its new COO. Toy, who was previously partner for portfolio growth, started at the firm as employee number two – she has been with Golden Gate Ventures since its inception in 2011.
Before becoming partner in 2021, Toy held various positions in the Singapore-based firm, including head of operations and finance and director of portfolio strategy and operations. She previously also completed a venture capital executive program at the University of California, Berkeley.
As COO, Toy will manage operations and support expansion initiatives – an increasingly crucial role with the fund’s recent ventures into Vietnam, Saudi Arabia, and New York.
“Our unique footprint connects the globe through Singapore, and the COO role is critical in elevating our firm as we gear up for our international play,” said Vinnie Lauria, founding partner at Golden Gate Ventures.
The VC firm has invested in over 90 companies such as Carro, Coda Payments, Stripe, and Carousell, with nine unicorns and two IPOs across its portfolio. After opening offices in Vietnam, Golden Gate Ventures was one of the 40 VCs that collectively pledged US$1.5 billion to invest in local startups.
See also: Founder-focused VC offers hope to startups facing end of the runway
Editing by Putra Muskita and Dhania Putri Sarahtika
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