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    AngelBacked
    ClevelandUpdated September 2026

    Top 15 Angel Investors in Cleveland (2026)

    Cleveland is home to 127 angel investors and VCs in the AngelBacked database. The most active — ranked below by number of disclosed portfolio investments — include Cathy (Nelson) Belk, Jerry Frantz and Ray Leach. Their portfolios concentrate in Health Care, Women Founded and Payments.

    1. 1
      Cathy (Nelson) BelkChief Operating Officer at N/A
      75 portfolio investments

      Notable investments: Wireless Environment, Casentric, LLC, Vasolux Microsystems

      Health CareData IntegrationHospitals
    2. 2
      Jerry FrantzChief Investing and Services Officer at N/A
      75 portfolio investments

      Notable investments: Wireless Environment, Casentric, LLC, Vasolux Microsystems

      Health CareData IntegrationHospitals
    3. 3
      Ray LeachCEO at N/A
      75 portfolio investments

      Notable investments: Wireless Environment, Casentric, LLC, Vasolux Microsystems

      Health CareData IntegrationHospitals
    4. 4
      Ashley AlberAssociate, Investing at N/A
      75 portfolio investments

      Notable investments: Wireless Environment, Casentric, LLC, Vasolux Microsystems

      Health CareData IntegrationHospitals
    5. 5
      Hardik DesaiBoard Member at N/A
      75 portfolio investments

      Notable investments: Wireless Environment, Casentric, LLC, Vasolux Microsystems

      Health CareData IntegrationHospitals
    6. 6
      Jay FreundManaging Director at N/A
      55 portfolio investments

      Notable investments: Fundera, Buildout, MACROPOINT, PerkSpot

      Health CareEnterpriseAccounting
    7. 7
      Daniel LuketicDirector at N/A
      49 portfolio investments

      Notable investments: NanoVision Diagnostics, Ahalogy, Standard Bariatrics, nChannel

      Health CareHospitalsPayments
    8. 8
      Todd FedermanCo-Founder/President at N/A
      49 portfolio investments

      Notable investments: NanoVision Diagnostics, Ahalogy, Standard Bariatrics, nChannel

      Health CareHospitalsPayments
    9. 9
      Clay RankinManaging Director at N/A
      49 portfolio investments

      Notable investments: NanoVision Diagnostics, Ahalogy, Standard Bariatrics, nChannel

      Health CareHospitalsPayments
    10. 10
      Karen SpilizewskiManaging Director at N/A
      39 portfolio investments

      Notable investments: Genoa Pharmaceuticals, Spruce Biosciences, OncoResponse, Lutonix

      Health CareWomen FoundedMedical Testing
    11. 11
      James PetrasManaging Director at N/A
      22 portfolio investments

      Notable investments: Amplifinity, TOA Technologies, Unitask, LogMeIn

      Health CareTelecommunicationsHospitals
    12. 12
      Charlie MacMillanCFO at N/A
      22 portfolio investments

      Notable investments: Amplifinity, TOA Technologies, Unitask, LogMeIn

      Health CareTelecommunicationsHospitals
    13. 13
      Dominic OffredoChief Financial Officer & Chief Compliance Officer at N/A
      18 portfolio investments

      Notable investments: Peopleclick, SkillSurvey, G2 Web Services, Netchex Online

      Health CareCommercialE-commerce
    14. 14
      Ron HessManaging Director at N/A
      18 portfolio investments

      Notable investments: Peopleclick, SkillSurvey, G2 Web Services, Netchex Online

      Health CareCommercialE-commerce
    15. 15
      Jonathan DickManaging Director at N/A
      18 portfolio investments

      Notable investments: Peopleclick, SkillSurvey, G2 Web Services, Netchex Online

      Health CareCommercialE-commerce

    Methodology

    Investors are ranked by the number of disclosed portfolio investments recorded in the AngelBacked database of Cleveland-based angels, VCs, and family offices. Rankings refresh as new investments are disclosed. Portfolio counts reflect publicly known deals and may understate an investor's full activity.

    Frequently Asked Questions

    Who is the most active angel investor in Cleveland?

    Based on disclosed portfolio investments, Cathy (Nelson) Belk (N/A) is the most active angel investor in Cleveland in our database, with 75 portfolio investments.

    How many angel investors are in Cleveland?

    AngelBacked's database includes 127 angel investors and VCs based in Cleveland. This page ranks the 15 most active by portfolio size.

    What sectors do Cleveland angel investors fund?

    The most common sectors among Cleveland's top angel investors are Health Care, Women Founded, Payments, Enterprise Software and Employment.

    How do I contact angel investors in Cleveland?

    Each investor profile on AngelBacked includes verified contact details, portfolio companies, and sector focus. Warm introductions convert best, but a concise cold email referencing a relevant portfolio company also works — mention why your startup fits their investment pattern.

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    Browse All 127 Cleveland Investors

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