Snap alums unveil Ghost Angels fund

A group of Snap alumni launched Ghost Angels, a new fund focused on pre-seed and seed AI startups.

Led by Max Rivera, the fund targets social media and consumer products, including founder-led GTM and generative creative tools.

Ghost Angels says it has already backed at least five companies and plans to invest in 15 more within a year.

The effort taps Snap alumni, former executives, and some current employees to bring experience and network reach to early-stage founders.