Larry Zhao
About Larry Zhao
Larry Zhao, who also appears as Lawerence Zhao and Dr. Zhao, is based in Chicago, Illinois. His Crunchbase profile describes him as a licensed medical doctor and surgeon (MD) and a private angel investor. The profile also says he sold an AI-applied technology in medicine that is used internationally.
The same bio estimates his investment portfolio at between 42 and 79 million. This is a self-described estimate on Crunchbase, and Lounge could not verify it independently. Crunchbase also credits him with founding 3 companies. We could not find public sources naming those companies, so we do not list them here.
Other people named Larry Zhao turned up in searches, including a dermatopathologist in Massachusetts and a semiconductor executive. Nothing indicates they are the same person, so we have not used information about them.
Crunchbase lists 4 investments across 3 portfolio companies, with 1 lead investment. It also lists 2 exits, both by IPO. The dated rounds are Bloomage BioTechnology in December 2017 (corporate round), Bitcoin.com in November 2020 (venture round, where he is marked as lead), CStone Pharmaceuticals in March 2022 (post-IPO equity), and Bloomage BioTechnology again in September 2023 (post-IPO debt).
Crunchbase names CStone Pharmaceuticals and Bloomage BioTechnology as his exits. Round sizes and his own check amounts are not shown publicly.
His Crunchbase bio lists artificial intelligence as an investment area and says he sold an AI-applied medical technology. None of the four investments in his public Crunchbase record are labeled as AI companies. They are in biopharma, biotech materials and crypto. We found no public announcements of AI-specific angel investments by him, so we list none.
Founders building AI for medicine or life sciences are the clearest fit with the interests he describes. We found no public statement from him confirming that he is looking for such deals.
Crunchbase lists his investor type as individual or angel, with stages of seed, convertible note and post-IPO. His stated sectors are artificial intelligence, biotech and biopharma. His public record also includes a crypto-related company, Bitcoin.com.
He is based in the Greater Chicago Area. We found no public statements on typical check size, target geography, or what he looks for in a founder, so none are given here.
- Bloomage BioTechnology: biotechnology company. Crunchbase shows a corporate round in December 2017 and a post-IPO debt round in September 2023. It is listed as an exit.
- CStone Pharmaceuticals: pharmaceutical company. Crunchbase shows a post-IPO equity round in March 2022. It is listed as an exit.
- Bitcoin.com: crypto company. Crunchbase shows a venture round in November 2020, with him marked as lead investor.
Investing activity
Larry Zhao has made 4 investments according to Crunchbase across 3 portfolio companies, and has led 1 round, seen 2 exits, 2 of them by IPO and founded 3 companies.
Deals
Frequently asked questions about Larry Zhao
Who is Larry Zhao the angel investor?
Larry Zhao is a Chicago-based private angel investor. Crunchbase also describes him as a licensed medical doctor and surgeon who sold an AI-applied medical technology.
What does Larry Zhao invest in?
His Crunchbase bio lists artificial intelligence, biotech and biopharma. His recorded investments are Bloomage BioTechnology, CStone Pharmaceuticals and Bitcoin.com.
What stage does Larry Zhao invest at?
Crunchbase lists seed, convertible note and post-IPO stages. Most of his dated investments are post-IPO rounds, with one venture round in 2020.
What is Larry Zhao's check size?
No check size is public. Crunchbase shows no round amounts for his investments.
How many investments has Larry Zhao made?
Crunchbase lists 4 investments in 3 portfolio companies, 1 as lead investor, and 2 exits by IPO.
Does Larry Zhao invest in AI startups?
AI is listed in his Crunchbase bio, but none of his four recorded investments are labeled as AI companies. We found no public announcements of AI deals.
Is Larry Zhao an angel investor?
Yes. Larry Zhao invests personally as an angel. Crunchbase counts 4 investments and 2 exits.
Where is Larry Zhao based?
Larry Zhao is based in Chicago, Illinois, United States.
How can founders reach Larry Zhao?
Founders on Lounge can see Larry Zhao's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with them under Warm Paths, and add Larry Zhao to their Investor Pipeline to track the conversation.