A practical guide for active angels managing multiple portfolio companies
By Victoria Brock LinkedIn

TL;DR

• Most active angel investors don't have a shortage of portfolio information. They have a shortage of usable portfolio information.
• Updates, contracts, founder asks, and their own notes are scattered across email threads, decks, PDFs, and follow-up replies from a dozen different senders.
• Investor Plus from Dealum is a single place where every update and document for every company sits together, with new updates summarised so you can see what changed, what's slipping, and which founders may need follow-up.
• The result: less time digging through your inbox, more time on the decisions and conversations only you can have.

A quick question before you read on

When did your most recent portfolio company last send an update?

Don't open your inbox to check. Just see if you can answer from memory. Now think about what that update actually said: the KPIs, the team news, the ask at the bottom.

If you're an active angel, the honest answer is probably: "It's somewhere in my inbox. I'd need a minute to find it."

That gap between receiving portfolio information and being able to use it is the real problem this post is about. And it's the problem Investor Plus is built to solve.

The information is there. The structure isn't.

For most angels, the challenge after the cheque is not a lack of information. Founders do send updates. Decks circulate. Term sheets get signed. The information exists.

What doesn't exist, by default, is structure.

Updates arrive in different formats, from different senders, sometimes monthly, sometimes once a quarter, sometimes only when a new round opens. The important details sit across email threads, attachments, replies, and notes you took at coffee. Some companies communicate clearly. Others go quiet. And once your portfolio grows past a handful of names, "I'll just remember it" stops being a workable strategy.

The questions that actually matter become harder to answer:

• Which companies need my attention first?
• What changed since the last update?
• Which founders have gone quiet, and how long ago?
• Which asks are still open from last quarter?
• Where might support, an introduction, or follow-on capital make a real difference?

These questions are not hard because the data is missing. They are hard because the data is fragmented.

What my own inbox looks like

Let me show you what that fragmentation looks like in practice, using my own portfolio.

At the time of writing, I have 6,674 emails sitting in my inbox. In 2026 alone, 215 of them contain the word "investor" and remain unopened.

Take a single recent investment, a company I am close to, enthusiastic about, and actively following. The information for that one investment already sits across 23 different email threads, with roughly 10 messages per thread, from at least 8 different senders.

And even in one of the smoothest investment processes I've ever been through, there are three messages I cannot quickly find when I need them: the email with the bank details for the transfer, the most recent founder update, and the clause in the term sheet covering my follow-on rights.

That's one company. Well-run. In regular contact. The challenge only grows from there.

How most angels handle this today

If you've been investing for a while, you've almost certainly built some kind of system. A folder structure in Gmail. A spreadsheet of companies and dates. A Notion page. Maybe a labelled inbox rule.

These systems work, until they don't. They tend to break in three predictable places:

1. Search depends on memory. You can find what you need only if you roughly remember when it arrived and who sent it.
2. Cross-portfolio views are impossible. Asking "which of my companies haven't reported this quarter?" means checking each one manually.
3. The signal often lives in the silence. Folders and spreadsheets are good at storing what arrived. They are very bad at flagging what didn't.

Most active angels I know have, at some point, opened a portfolio company's file and realised they last heard from the founder five months ago. That moment of "wait, when did I last hear from them?" is exactly the moment a better system would have spoken up earlier.

What Investor Plus actually does

Investor Plus is the part of Dealum built specifically for the post-investment side of an angel's work, not deal sourcing, not screening, but staying close to what's happening across companies you've already backed.

Concretely, it gives you four things:

A single place where every founder update lands. Updates can be forwarded to a dedicated email address linked to your account, or uploaded as PDFs, decks, and attachments. Each company has its own page where updates, contracts, term sheets, and your private notes sit together. No more bouncing between Gmail, Drive, and a spreadsheet.

Summaries of what each update actually says. When a new update arrives, the key points, traction, KPIs, hiring, asks, and risks are surfaced for you, so you don't have to re-read three paragraphs to find the one number that changed.

A portfolio-level view. You can see all your companies in one place: who reported recently, who hasn't, which companies are showing momentum, which are slowing. The questions earlier in this post become a single screen.

Flags for the things you'd otherwise miss. Companies that have gone quiet for too long get surfaced. Open founder asks to stay visible until they're addressed. The system is doing the bookkeeping so you can focus on the judgement.

The point isn't to replace founder updates with software. It's to take what you already receive and make it usable so that the time you spend on portfolio companies is spent on decisions and conversations, not on reconstruction and search.

Who Investor Plus is for

Investor Plus is built for active angel investors who:

• back multiple early-stage companies
• receive founder or investor updates with any regularity
• want to spot drift, silence, or emerging risks earlier
• want a clearer view across companies without creating more manual admin

If you have one or two investments, a careful inbox folder is probably enough. If you're approaching double digits and starting to feel the seams, this is the moment.

You don't have to set everything up at once

One important point: Investor Plus does not require a full portfolio import before it becomes useful.

You can start with one company and one update. Add the term sheet later, or not at all. Bring in the rest of your portfolio over a few weeks, in any order. The system gets more useful as it gets more complete, but it earns its place from the very first update you put into it.

That matters because most angels are not looking for another heavy system to maintain. The whole point is to spend less time on portfolio admin, not more.

A clearer view across your portfolio companies

The work an angel does after the cheque is, in many ways, the work that earns the cheque. Knowing what's happening across your companies is the foundation of every other decision you'll make: where to help, when to follow on, when to get out of the way.

So one more time: when did your most recent portfolio company last send an update? And how long would it take you to find it?

That gap, between the update arriving and you being able to act on it, is what Investor Plus closes.