# Top 50 Food and Beverage Angel Investors in June 2026

## Vineeta Singh
- Type: Angel
- Location: Mumbai, Maharashtra, India
- Relevant deals: 23
- Stages: Angel, Seed, Debt Financing
- Focus: Food and Beverage, E-Commerce, Food Processing

Vineeta Singh is the Co-founder and CEO of SUGAR Cosmetics. She previously worked at Quetzal Verify Private Limited as Director. Vineeta attended the Indian Institute of Management Ahmedabad, where she took a Master of Business Administration (MBA). She also attended the Indian Institute of Technology, Madras, where she took a B.Tech in ElectricalEngineering.

## Anupam Mittal
- Type: Angel
- Location: Mumbai, Maharashtra, India
- Relevant deals: 20
- Stages: Seed, Angel, Pre-Seed
- Focus: E-Commerce, Food and Beverage, Internet

Anupam started his entrepreneurial journey by founding People Group - A New Media & Entertainment group, which includes businesses such as Shaadi.com, Makaan.com, Mauj Mobile, and People Pictures. Today the group is recognized as one of the most innovative enterprises in the country. Besides his operational roles, Anupam is also one ofIndia's most active angel investors.He attended Boston College.

## Edward Lando
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 16
- Stages: Seed, Pre-Seed
- Focus: Software, Health Care, Information Technology

Edward Lando is the founder of Pareto Holdings. He previously worked at Horizons School of Technology as a co-founder. Edward Lando attended the Wharton School.

## Namita Thapar
- Type: Angel
- Location: Pune, Maharashtra, India
- Relevant deals: 16
- Stages: Seed, Angel
- Focus: Food and Beverage, E-Commerce, Retail

Namita Thapar is an Executive Director at Emcure Pharmaceuticals. She previously worked as a senior manager at Abbott. She attended Duke University's Fuqua School of Business.

## Aman Gupta
- Type: Angel
- Location: New Delhi, Delhi, India
- Relevant deals: 15
- Stages: Angel, Seed
- Focus: E-Commerce, Food and Beverage, Manufacturing

Aman Gupta is based out of Delhi and is the Co-Founder and Director of boAt. Aman previously worked at HARMAN International as a Director of Sales. Aman Gupta attended the Indian School of Business. Aman Gupta has received the National Creator Award 2024.

## Joanne Wilson
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 14
- Stages: Seed, Series A, Angel
- Focus: E-Commerce, Mobile, Retail

Joanne Wilson is based out of New York, New York and is the Founder and Chief Executive Officer of Gotham. Joanne Wilson attended Simmons College.

## Ralf Dummel
- Type: Angel
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 14
- Stages: Angel, Seed
- Focus: Food and Beverage, Manufacturing, Product Design

Ralf Dummel, born on 02.12.1966 in Bad Segeberg in Germany, started his career on 01.04.1988 at DS Produkte as a sales assistant to the then founder. Over the years he learned the business from the ground and took full responsibility for purchases and sales after only a year. He vastly participated in the establishment of the company and has been apartner since 1996. Today, the group has an annual turnover of ca. € 250 000 000, 400 employees, and more than 4 000 products in its portfolio. He often travels the world to visit suppliers and customers, and to find inspiration in new innovative products. Dümmel knows Asia inside out, but Northern Germany is the place he calls home. Since 2016 he takes part in the TV program “Die Höhle der Löwen” (literally: The Lions’ Cave, German version of Dragons’ Den on German TV channel VOX ) where he plays one of the “lions”, looking for young entrepreneurs with brilliant products.Ralf Dummel is very convincing with his genuine and appreciative style. From day one, Ralf Dümmel brightened up the surroundings, thanks to his enthusiasm for business and for new products. He has a unique sense for trends and products; he can market them with more success than hardly anyone else. He proudly claims that there hardly is any household without a “DS product” in Germany. Dümmel is often on the road for professional reasons, and when he sees that a customer adds a DS product in their shopping cart, he feels the same tingle of joy after 28 years that he felt in the early days. The 400 employees are Dümmels’s most important asset. They actively take part in the company, invest themselves in it, and help it develop further. Dummel is very proud that the DS products are the result of such a varied cast of people and skill sets. These are people with different personalities and talents that complement each other in a cooperation shaping always innovative business and product ideas.

## Arjun Vaidya
- Type: Angel
- Location: Mumbai, Maharashtra, India
- Relevant deals: 13
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Food and Beverage, Retail

Arjun Vaidya is the Founder of Verinvest Corporation. Attended Brown University.

## Bryan Rosenblatt
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 13
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Retail

Bryan Rosenblatt (born July 4, 1989 in New York, New York, United States) is an American Venture Capitalist and entrepreneur. He is a Partner at Craft Ventures, a venture firm with over $2 billion AUM started by David Sacks. He is also a founder of Riverside Ventures, which he started in 2017, and a former executive at Reddit and Twitter. Hepreviously worked at Reddit as the Head of Sales. Bryan Rosenblatt attended the University of Connecticut School of Business and Charles University.

## Paul Buchheit
- Type: Angel
- Location: Mountain View, California, United States
- Relevant deals: 12
- Stages: Seed, Series A, Angel
- Focus: Software, E-Commerce, Health Care

Paul Buchheit is based out of Mountain View, California and is the Co-Founder and General Partner of Standard Capital. Paul Buchheit attended Case Western Reserve University.

## Jason Calacanis
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 12
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Internet, Artificial Intelligence

Jason Calacanis is the Founder and CEO of Inside.com and Launch. He previously worked at Weblogs as a Co-Founder and CEO. Jason Calacanis attended Fordham University.

## Jonathan Keidan
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 11
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Food and Beverage, Software

Jonathan is the Founder of Torch Capital. A long time entrepreneur and investor, he has spent his career at the intersection of the media, technology and entertainment industries. He is the Co-Founder of digital media company InsideHook and has spent a decade as an active early stage investor and advisor to a number of New York and LA's topstart-ups.

## Kunal Shah
- Type: Angel
- Location: Bengaluru, Karnataka, India
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, Internet

Kunal Shah

## Bhavik Bajaj
- Type: Angel
- Relevant deals: 10
- Stages: Pre-Seed, Seed, Angel
- Focus: Information Technology, Software, FinTech

Bhavik Bajaj

## Peyush Bansal
- Type: Angel
- Relevant deals: 10
- Stages: Seed, Angel
- Focus: E-Commerce, Food and Beverage, Internet

Peyush Bansal is the Co-Founder, Chief Executive, and People Officer of Lenskart. He attended McGill University.

## Mark Cuban
- Type: Angel
- Location: Dallas, Texas, United States
- Relevant deals: 10
- Stages: Seed, Series A, Angel
- Focus: Blockchain, Software, Artificial Intelligence

Mark Cuban is the founder of Fireside, Chairman and Founding Partner of AXS TV, and the Owner of Dallas Mavericks. He previously worked at Broadcast.com as a Co-Founder. Mark Cuban attended the Indiana University Bloomington.

## Nadav Ben-Chanoch
- Type: Angel
- Location: Miami, Florida, United States
- Relevant deals: 10
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Health Care

Nadav Ben-Chanoch

## Christian Edler
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 10
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Information Technology, FinTech

Christian O. Edler is an investor and entrepreneur with a proven track record in sectors ahead of mainstream adoption. He invests opportunity-driven, sector- and business-model agnostic. Christian built a 10-year track record investing in early-stage ventures and securing exclusive deal flow in primary and secondary growth opportunites. He isco-investing with the best investors and VCs in the world – like Andreessen Horowitz, Peter Thiel, Christian Angermayer, Gsquared, Bitkraft, Bessemer Ventures, Coatue, Sony, FirstMark Capital, DN Capital, FJ Labs, Moore Capital, Alexis Ohanian (Seven Seven Six), Left Lane, Insight, Tencent, Hive and many others. Due to his track record, he has access to exclusive opportunities in the EU/US. Christian’s >75 angel startup investments returned over 20x including several unicorns. As an entrepreneur, Christian recruited, educated and led over 1,500 sales people with $500M in annual sales. His primary focus is on world-class entrepreneurs with new categories of ideas and a potential for massive scale.  If you like to co-invest with him, follow his syndicate on AngelList: https://angel.co/s/edleredler/fCORTChristian is a Scout Partner of Sequoia Capital, Venture Partner of BITKRAFT VC, an alumnus of Harvard Business School, a former semi-pro alpine skier, and based in Berlin & Los Angeles.

## Daniel Curran
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 9
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Software, Internet

Daniel Curran is the Founder and CEO at CustEx.com.

## Ritesh Agarwal
- Type: Angel
- Location: New Delhi, Delhi, India
- Relevant deals: 9
- Stages: Seed, Angel
- Focus: Food and Beverage, E-Commerce, Retail

Ritesh Agarwal is the Founder and Group Chief Executive Officer of OYO and Anchor Board Member of the Texas Hotel & Lodging Association.

## Wei Guo
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 9
- Stages: Seed, Series A, Angel
- Focus: Software, Artificial Intelligence, Health Care

Wei Guo, the founding partner of UpHonest Capital, is an active angel investor in Silicon Valley, focusing on early-stage cross-sector investments. He founded Wei Fund in 2015 and UpHonest Capital Fund I in 2016, invested in well-known companies such as Hims&Hers(NYSE: HIMS), Vicarious Surgical(NYSE: RBOT), Knightscope (NASDAQ: KSCP), Checkr,Lime, Boom, Rescale, Dialpad and more. Since 2015, he has invested in over 400 Silicon Valley startups, over 76 companies with valuations greater than 100 million USD, and 23 portfolio companies that have successfully exited.

## Scott Belsky
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 9
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Internet

Scott Belsky is currently a Partner at A24, where he leads technology and innovation projects. He previously served as the Chief Strategy Officer and Executive Vice President of Design & Emerging Products at Adobe. He attended Harvard Business School.

## Justin Waldron
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 9
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, Mobile

Justin Waldron is Co-Founder & President of Playco, and previously Co-Founder / EVP of Product of Zynga, the world's largest mobile game company. Zynga IPO'd in 2011 with a $10 billion valuation and over $1b in annual revenue. Justin is an angel investor in Lambda School, Substack, and 60+ other companies. He mentors youngentrepreneurs at The Thiel Foundation's Thiel Fellowship program.

## Dagmar Wöhrl
- Type: Angel
- Relevant deals: 9
- Stages: Angel, Seed
- Focus: Food and Beverage, Food Processing, E-Commerce

Dagmar Wöhrl

## Jon Oringer
- Type: Angel
- Location: Miami, Florida, United States
- Relevant deals: 8
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Health Care

Jon Oringer is the founder and chairman of Shutterstock.

## Sujeet Kumar
- Type: Angel
- Location: New Delhi, Delhi, India
- Relevant deals: 8
- Stages: Seed, Series A, Pre-Seed
- Focus: Internet, Software, E-Commerce

Sujeet Kumar - Co- Founder @ Udaan

## Amit Jain
- Type: Angel
- Location: Jaipur, Rajasthan, India
- Relevant deals: 8
- Stages: Seed, Angel, Pre-Seed
- Focus: Food and Beverage, E-Commerce, Retail

Amit Jain is the Co-Founder and CEO of CarDekho. He previously worked at Trilogy as a Product Manager. Amit Jain attended the Indian Institute of Technology Delhi.

## Hasan Aslanoba
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 8
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Internet, Software

business in the water industry. By 2005, the company succeeded in the Turkish bottled water industry under his guidance.In 2006, Erikli Water partnered its Turkish operations with Nestle Waters, the global leader of the bottled water industry. 

## Kyle Vogt
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 8
- Stages: Seed, Series A, Angel
- Focus: Artificial Intelligence, Software, Information Technology

Kyle Vogt is the CEO of The Bot Company.

## Timothy Ferriss
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Health Care

Timothy Ferriss is a start-up angel investor Twitter, Posterous, RescueTime and others, blogger and entrepreneur. Tim's best-known written work is The 4-Hour Workweek, which had been sold into 35 languages and reached #1 on The New York Times, BusinessWeek and The Wall Street Journal bestseller lists.  On May 3, 2009, it celebrated its 2ndstraight year on The New York Times business bestseller list since its publication on April 27, 2007. Tim is a Guest Lecturer in High-Tech Entrepreneurship and Electrical Engineering at Princeton University since 2003. Other education-related interests includes social media-based fundraising experiments, such as LitLiberation, which outraised television host Stephen Colbert 3-to-1 with no fixed costs. Most recently, Tim used Twitter as a distributed tool for gathering data on post-campaign donations (see Tweet to Beat). Tim is on the advisory board of DonorsChoose.org, Evernote, StumbleUpon, Trippy, about.me, TaskRabbit and Uber. Tim has been invited to speak at some of the world’s most innovative organizations, including Google, MIT, Harvard Business School, Nike, PayPal, Facebook, The Central Intelligence Agency (CIA), Microsoft, Ask.com, Nielsen, Princeton University, the Wharton School and the Stanford Graduate School of Business. Tim has also been invited to speak and keynote at world-renowned technology summits including EG, FOO Camp, E-Tech, Supernova, LeWeb, and the Web 2.0 Exposition, where he shared the stage with figures like Eric Schmidt, Chairman of the Board of Google, and Jeff Bezos, Founder and CEO of Amazon. Tim received his B.A. degree from Princeton University in 2000, where he studied in the Neuroscience and East Asian Studies departments.

## Kevin Love
- Type: Angel
- Location: Cleveland, Ohio, United States
- Relevant deals: 8
- Stages: Series A, Seed
- Focus: Wellness, Health Care, Food and Beverage

Kevin Love is an American basketball player for the Miami Heat of the National Basketball Association.

## Nick Green
- Type: Angel
- Location: Santa Monica, California, United States
- Relevant deals: 8
- Stages: Seed, Series A, Pre-Seed
- Focus: Food and Beverage, Wellness, E-Commerce

Nick Green is the Co-Founder and CEO of Thrive Market, a membership-based market that makes high-quality, healthy, and sustainable products available for every budget, lifestyle, and geography. For $60/year, members unlock wholesale prices on top natural and organic products, and Thrive Market matches every paid membership with a free one fora family or individual in need. A serial social impact entrepreneur, Nick began in the education space with his first business, Ivy Insiders, a college test prep and mentorship program that made tutoring more affordable and helped over 20,000 students get into better colleges. Outside of work, Nick loves traveling, investing, reading biographies, and spending time with his wife and 2-year old daughter. He originally hails from Minneapolis, MN and earned his B.A. in Economics from Harvard.

## Henry Soesanto
- Type: Angel
- Relevant deals: 8
- Stages: Seed, Series A, Convertible Note
- Focus: Food and Beverage, Food Processing, Organic Food

Henry Soesanto serves as the Chief Executive Officer at Monde Nissin Corporation.

## Justin Mateen
- Type: Angel
- Location: Los Angeles, California, United States
- Relevant deals: 7
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Health Care

Justin Mateen is the Cofounder and former CMO of Tinder, the world's largest dating platform. In 2021, and 2022 Business Insider ranked Mateen as the best early stage investor in the US, placing him at the number 1 spot on the top 100 list of US Seed Investors both years. In 2020, Forbes included Mateen on their list of the decade's top10 tech entrepreneurs. Fast Company has listed him as one of the most creative people in business.Founded in 2012, Tinder is the highest grossing app on Apple's app store since 2017 and was valued at over $40 Billion dollars in 2021.

## Gary Vaynerchuk
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 7
- Stages: Seed, Series A, Angel
- Focus: Software, Mobile, Internet

Gary Vaynerchuk is the Chairman of VaynerX. He previously worked at Resy as a Co-Founder. Gary Vaynerchuk attended Mount Ida College.

## KRS Jamwal
- Type: Angel
- Location: Mumbai, Maharashtra, India
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Angel
- Focus: Information Technology, SaaS, Artificial Intelligence

KRS Jamwal is Executive Director, Tata Industries, and is responsible for the incubation of new ventures, as well as investments made by Tata Industries in new businesses and start-ups. Mr Jamwal is on the board of three other Tata companies – Advinus Therapeutics, where he serves as chairman of the board, Tata Advanced Materials, and TataUniStore. He is also a member on the board of Flisom AG and Apex Investments (Mauritius) Holding.

## Walter Robb
- Type: Angel
- Location: Austin, Texas, United States
- Relevant deals: 7
- Stages: Series B, Seed, Series A
- Focus: Food and Beverage, Food Processing, Organic

Walter Robb is the co-founder and co-CEO of Whole Foods Market.

## Jason Finger
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, E-Commerce

Jason Finger helped found Salvo Health as an early advisor and Board member. He previously was the founder and CEO of Seamless which he merged with GrubHub.  He was Executive Chairman of LiveAuctioneers and is currently Executive Chair of Upper90, an alternative credit firm with over $1 billion in AUM. Jason Finger attended New York UniversitySchool of Law.

## Alok Mittal
- Type: Angel
- Location: Gurgaon, Haryana, India
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: Internet, Marketplace, E-Commerce

Alok is Co-founder and CEO of Indifi, India's leading full-stack platform for enabling debt financing for small businesses. Alok is also an active angel investor, co-founder of Indian Angel Network, and on the board of TiE (The Indus Entrepreneurs) Delhi. Prior to starting Indifi, Alok setup and ran Canaan Partners' venture investmentbusiness. Earlier, Alok co-founded JobsAhead.com, a leading web-based recruitment business in India.Alok earned a BE in computer science and engineering from the Indian Institute of Technology Delhi and a MS in computer science from UC Berkeley.

## Steven Bartlett
- Type: Angel
- Relevant deals: 7
- Stages: Angel, Seed
- Focus: Food and Beverage, Health Care, Fitness

Steven Bartlett is the current Founder of thirdweb. He previously worked at Social Chain as a Founder and CEO.

## Sylvain Zimmer
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, Food and Beverage

Sylvain is a French software developer turned entrepreneur, conference organizer and angel investor.

## Simon Borrero
- Type: Angel
- Location: Mexico City, Distrito Federal, Mexico
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Internet, Marketplace

Simón Borrero is a Co-Founder & CEO at Rappi. He attended MIT Sloan School of Management.

## Kimbal Musk
- Type: Angel
- Location: Denver, Colorado, United States
- Relevant deals: 7
- Stages: Series A, Seed, Series B
- Focus: Software, Food and Beverage, News

Kimbal Musk is the Co-Founder and Executive Chairman at Big Green.

## Matt Mullenweg
- Type: Angel
- Location: Houston, Texas, United States
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, Mobile, E-Commerce

Matt Mullenweg is the CEO at Automattic Inc. Matt Mullenweg attended the University of Houston.

## Fabrice Grinda
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Marketplace, Internet

Fabrice Grinda is among the world’s leading Internet entrepreneurs and investors.He has over $300 million in exits and 150 angel investments. Fabrice has served as CEO for three multinational companies and has an impressive track record as an early investor in Alibaba, Lending Club, Delivery Hero and Brightroll.Fabrice is currentlyinvesting in startups and building companies through FJ Labs, which he cofounded with business partner Jose Marin. Fabrice is also co-founder and executive chairman of Beepi, a next generation used car marketplace. Beepi recently raised $60 million in series B funding.Prior to FJ Labs and Beepi, Fabrice was co-founder and co-CEO of OLX, one of the largest websites in the world with over 200 million unique visitors per month. The company operates in 40 countries and has over 1,200 employees. OLX is the largest classifieds site in India, Brazil, Pakistan, Poland, Ukraine, Portugal and many other emerging markets.Before OLX, Fabrice was co-founder and CEO of Zingy, one of the largest wireless media companies in the Americas. Fabrice successfully grew the business to $200 million in sales in four years.Fabrice started his entrepreneurial journey in 1998, at 23, when he co-founded and was CEO of Aucland. Soon after, Aucland grew into one of the largest auction sites in Europe. Before his entrepreneurial endeavors, Fabrice worked as a management consultant for McKinsey & Company.Fabrice holds a BA in Economics from Princeton University. He graduated Summa Cum Laude in 1996, and was awarded the Halbert White prize, given to the most distinguished economics student, as well as The Wolfe Balleisen memorial prize, awarded for best thesis.In his free time, Fabrice likes to travel the world, kitesurf, play tennis, and blog about his personal and professional life at www.fabricegrinda.com.

## Nils Glagau
- Type: Angel
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 7
- Stages: Angel, Seed, Pre-Seed
- Focus: Food and Beverage, Food Processing, Wellness

Nils Glagau

## Max Mullen
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 7
- Stages: Seed, Series A, Series C
- Focus: Software, Information Technology, Artificial Intelligence

Max is the Co-Founder of Instacart. He started the company with two co-founders in 2012. Previously, he's worked for several startups including Schematic, an award-winning interactive agency which was acquired by WPP. Max is originally from Los Angeles where he graduated from the University of Southern California, studying entrepreneurship andcinematic arts.

## G&uuml;imar Vaca Sittic
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Software, Internet

Güimar is a tech entrepreneur and angel investor as well as Venture Partner at FJ Labs.

## Peter Rahal
- Type: Angel
- Location: Chicago, Illinois, United States
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- Focus: Food and Beverage, E-Commerce, Fashion

Peter Rahal has 2 current jobs as Managing Director at Litani Ventures and Co-Founder at RXBAR. Peter Rahal attended the American University of Beirut.

## Kevin Moore
- Type: Angel
- Location: Dallas, Texas, United States
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Health Care, E-Commerce

Kevin Moore has 10 years experience as an angel/opportunity investor and operator. Prior to that, he has over 15 years of progressive technology i-banking, corp dev, and CFO experience at startups and $Bn corporates. 
