# AlleyCorp > Source: https://www.datingindustryinsights.com/companies/alleycorp | Publisher: Dating Industry Insights (High Intent Media Inc) | Last checked: 2026-10-20 **In short:** AlleyCorp is a New York venture capital firm and startup studio led by founder and CEO Kevin Ryan. It founds companies and invests mainly at pre-seed and seed stage. For dating, it matters as the pre-seed backer of Lora, a social astrology app launched in 2026 by former Hinge product executive Michelle Parsons, which touches on relationship advice. ## Key facts - Type: Investor and startup studio - Headquarters: New York, United States - Status: Active - Website: alleycorp.com - Description: Founded by Kevin Ryan, AlleyCorp founds and invests in companies; invests mainly in pre-seed and seed rounds, often as first cheque, plus select Series A [source](https://alleycorp.com/about-us/) - Headquarters: New York, United States (launches companies from its New York headquarters) [source](https://alleycorp.com/about-us/) - Founder and CEO: Kevin Ryan, founder and CEO of AlleyCorp (2025) [source](https://www.inc.com/christine-lagorio/kevin-ryan-has-invested-in-more-than-180-startups-heres-what-he-says-all-founders-should-focus-on/91034455) - Verticals: Diversified Technology, Healthcare, Robotics and Economic Infrastructure [source](https://alleycorp.com/about-us/) - Funds: Debut $250 million fund in 2024, its first with outside investors after starting as a family office; second fund of $335 million reported in 2026 (2026-07) [source](https://dealroom.co/news/139064-kevin-ryans-alleycorp-raises-335m-second-fund-for-early-stage-bets/) - Dating-related investment: Pre-seed backer of Lora, a social astrology app launched by former Hinge executive Michelle Parsons; launch party held at AlleyCorp's SoHo offices (2026-09) [source](https://muckrack.com/sydney-bradley/articles) - Lora launch coverage: Michelle Parsons, former Hinge executive and Lex co-founder, launched Lora, backed by pre-seed investor AlleyCorp (2026-09) [source](https://onlinepersonalswatch.com/2026/09/former-hinge-executive-launches-ai-astrology-app-lora/) - Founding year (disputed): Inc. says the firm was founded in 2007; Wikipedia says 2008 [source](https://en.wikipedia.org/wiki/Kevin_P._Ryan) ## About AlleyCorp is a New York based venture capital firm and startup studio. Its website says it founds and invests in companies in New York and elsewhere, and that it originates ideas, hires teams, provides initial funding and stays involved after launch. It invests mainly in pre-seed and seed rounds, often as the first cheque, and makes select Series A investments. Kevin Ryan, a former DoubleClick executive, is its founder and CEO. Companies linked to him and the firm include MongoDB, Business Insider, Gilt Groupe, Zola and Nomad Health. The firm began as a family office. Dealroom, citing Fortune, reports that its first fund to take outside investors, at $250 million, came in 2024, and that it raised a second fund of $335 million, reported in July 2026. Its website lists verticals in diversified technology, healthcare, robotics and economic infrastructure. Sources differ on the founding year: Inc. and Dealroom give 2007, while Wikipedia gives 2008. AlleyCorp is not a dating specialist, but it has a link to the sector through Lora. Michelle Parsons, a former Hinge executive and co-founder of the queer social app Lex, launched Lora in 2026. It is a social astrology app with an AI chatbot that uses birth charts to give relationship and personal development advice. AlleyCorp is named as its pre-seed backer, and Parsons hosted the launch party at the firm's SoHo offices. DII has also reported on the Lora launch. DII's Rodeo story names AlleyCorp only in a role not confirmed by other sources seen, so no link to Rodeo is stated here. ## Questions **What is AlleyCorp?** A New York venture capital firm and startup studio founded by Kevin Ryan. It founds companies and invests mainly at pre-seed and seed stage. **Is AlleyCorp involved in online dating?** Not as a specialist. It is the pre-seed backer of Lora, a social astrology app with relationship advice, launched in 2026 by former Hinge executive Michelle Parsons. **Who runs AlleyCorp?** Kevin Ryan is founder and CEO. **How big are AlleyCorp's funds?** Dealroom, citing Fortune, reports a $250 million debut fund in 2024 and a $335 million second fund reported in 2026. **What does AlleyCorp do?** AlleyCorp is a New York venture capital firm and startup studio led by founder and CEO Kevin Ryan. It founds companies and invests mainly at pre-seed and seed stage. **Where is AlleyCorp based?** AlleyCorp is based in New York, United States. --- Canonical: https://www.datingindustryinsights.com/companies/alleycorp