David Kalt – Startup Investor Profile

General Info

David Kalt is an angel investor focusing on Seed Round investments primarily in Consumer Internet, Energy & Clean Tech, and Mobile industries. His previous investments include New Era ADR. David Kalt has a background as the Co-Founder/CEO of optionsXpress, a leading online brokerage acquired by Charles Schwab in 2010 for $1B. He is the owner of the Chicago Music Exchange. The check size of his investments varies, with one of his investments being $4.6M in New Era ADR in a Seed VC round. David Kalt has a history at the intersection of music, finance, and technology, stepping down as CEO of optionsXpress in 2008. Reverb.com, a startup he founded, was acquired by Etsy. He initially sought to make $800,000 off his $13 million investment into a property in Glencoe.
Location: Chicago, Illinois, United States
Country: United States of America
Industries:
Investment Regions:
Investment Stages: pre-seed, seed

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🤖 AI Activity Report

Status: low-active

AI Reasoning: Search found a seed investment in New Era ADR dated March 15, 2022. That investment in New Era ADR is the most recent verifiable investment found. From that date to the reference date is more than 12 months (over three years), so classify 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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