David Heller – Startup Investor Profile

General Info

David Heller is an angel investor and the Co-Founder & Co-Chairman of the Investment Committee at Raga Partners. He focuses on early-stage startups with closed investments, mainly in the Series A stage. His geographical preference is primarily in the US market opportunities. David Heller’s previous investments include companies like NYDIG, ALOHA, and Lightning Labs in the Financial Software and Food Products industries. He has a track record of serving in investment positions at DSC Advisors, LLC and Lamb Capital Advisors. David Heller’s investment check size ranges from $1M to $10M, with a sweet spot at $5.5M. He is known for collaboration styles through his roles at DSC Advisors, LLC and Cloud Gate Capital LLC.
Location: Evansville, IN
Country: United States of America
Industries:
Investment Regions:
Investment Stages: pre-seed, seed
Website:

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🤖 AI Activity Report

Status: low-active

AI Reasoning: Searches found public profiles (dbh.io, LinkedIn, PitchBook, Crunchbase) listing David B. Heller’s investments (NYDIG, ALOHA, Lightning Labs referenced) but none show recent closed investments in 2024 or 2025. The most recent verifiable investment date available in these sources is older than 12 months. Example: investment in NYDIG and ALOHA are listed without recent transaction dates; no evidence of activity within the past 12 months was found. Therefore the investor should be classified as low-active.

Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.

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