Gopher Angels, founded in 2012 by L. David Russick and Sara Russick, focuses on investing in startups in the range of $1-5 million. They have a higher exit rate compared to other organizations and typically invest in startups with a valuation of $5-10 million. The fund is most active in the Energy and Software sectors and has invested in companies like Surgical Innovation Associates, Kidizen, and Upsie. Gopher Angels prefers startups with fewer founders and typically invests in companies that are 4-5 years old. They often co-invest with gener8tor, VilCap Investments, and Techstars Retail Accelerator, and have received funding from True Ventures, The Syndicate Fund, and Techstars Ventures in subsequent rounds.