Spinach Angels is a group of angel investors investing in pre-seed B2B SaaS technology startups. It was established in 2014 with the goal of supporting and financing innovative Israeli companies with early-stage funding. Spinach Angels is composed of experienced investors, with a collective net worth of over $2 billion, who decided to act together and provide financial and managerial support to entrepreneurs in the earliest stages of their companies. Spinach Angels typically inject up to $250,000 in the project initially.