IFEL Acquires Pipeline Angels to Spark Capital Access Innovation for Historically Excluded Entrepreneurs

Gaby M. Rojas

The Institute for Entrepreneurial Leadership (IFEL) has acquired Pipeline Angels, an angel investing network focused on increasing investor diversity and increasing funding for women (trans and cis), nonbinary, two-spirit, agender, and gender-nonconforming founders. The acquisition unites two trailblazing organizations committed to increasing capital access to foster a more inclusive entrepreneurial ecosystem.

IFEL, known for its innovative programs, is a staunch champion of economic inclusion and wealth-building through entrepreneurship for people from historically excluded communities. For more than 20 years, IFEL has worked with over 6,800 small business owners and entrepreneurs and has a volunteer community of 1,000+ professionals nationwide. IFEL’s debut initiative in the angel investing community, The Making of Black Angels, has introduced over 250 people to angel investing since 2020. The acquisition of Pipeline Angels combines the strengths, expertise, and resources of two transformative organizations to create a powerful force for inclusivity and innovation.

“Pipeline Angels has built an influential community in the angel investor ecosystem that works to center inclusion in their investment thesis,” said Jill Johnson, CEO and Co-Founder of IFEL. “By combining our programming, we create a unique platform for addressing the seemingly intractable problem of access to capital. Our objective is to not be talking about the same issues 10 years from now.”

Founded in 2011 by Natalia Oberti Noguera, Pipeline Angels has played a significant role in breaking down the access to capital barrier through its inclusion-centered training for early-stage investors who often serve as the friends and family round for entrepreneurs who may not already have support at that critical stage.

“Many investors ask, ‘What could founders be doing better?’ Pipeline Angels flips the question, ‘What could investors be doing better to be more inclusive, founder-friendly, and equitable?'” says Natalia Oberti Noguera, founder and CEO of Pipeline Angels. “Jill’s vision for a paradigm-shifting approach will transform both the investing and entrepreneurship ecosystems for the better. I am thrilled Jill and the IFEL team will steward the Pipeline Angels community into its next chapter. “To learn more about IFEL, visit




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