Zach Frankel, a Miami-based solo angel investor, backed both Ramp and Cognition early. His portfolio companies carry a combined valuation of over 185 billion dollars, with Ramp at 60 billion and Cognition at 48 billion. Factory, another AI startup in his portfolio, competes directly with Cognition, creating a potential conflict of interest. Frankel goes beyond writing checks: he provides operational support by recruiting talent and mentoring founders, notably drawing on his network from the International Olympiad in Informatics. This dual role raises questions about his actual position and any potential benefit he might draw from the rivalry between his own portfolio companies.
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