Sweet Spot:
High tech and biotechnology.
Average investment range:
$50,000 to $1 million
Number of angels/investors in the network:
300+
Contact:
Paul Allen
San Francisco, CA
paul@tribeofangels.com
415-710-0801
Gathering of Angels
Established in October 1996. A monthly meeting of private, high-net-worth investors that provide seed-level financing to start-up and early-stage firms. Since October 1996, the group has helped 87 companies find capital, including 14 in 2003 and 11 year-to-date in 2004.
Sweet Spot:
Invests in companies nationwide. Currently has investor groups based in Atlanta, Dallas, Hilton Head, Houston, Pebble Beach, San Francisco, Santa Fe, Scottsdale, and St. Louis. A group will launch in Naples, FL in October 2004 and another in Maui in November 2004.
Average investment range:
$200,000 to $1.5 million
Number of angels/investors in the network:
350
Contact:
Tarby Bryant
#4 Hawthorne Circle
Santa Fe, NM 87506
505-982-3050
tbryant@nm.net
Portland Area Angel Network
PAN will consider hearing presentations from companies based in Oregon and Clark County, Washington. The group meets quarterly to hear presentations from 3 to 4 selected companies. Companies wishing to be considered must go through the screening process. PAN is affiliated with the Oregon Entrepreneurs Forum, a nonprofit organization providing educational and networking opportunities to entrepreneurs, service providers, and investors.
Sweet Spot:
Companies in high-growth industries, with a clear exit strategy.
Average investment range:
$500,000 to $2,000,000
Number of angels/investors in the network:
100
Contact:
Portland Angel Network
c/o Oregon Entrepreneurs Forum
222 NW 5th Suite 308
Portland, OR 97209
503-222-2270
PAN@oef.org
Alliance of Angels
Founded in 1997, the Alliance of Angels uses an online, members-only site to view business plans submitted by new technology companies. Selected companies have the opportunity to present their business plan to Alliance of Angels investor members at a monthly meeting. Companies must be headquartered in the Pacific Northwest, which includes Alaska, Idaho, Montana, Oregon, Washington, and lower British Columbia. There is no cost for the submission or screening of business plans.
Sweet Spot:
Companies that submit their plans must be in the early stage of growth (premezzanine round) and must be technology companies.
No-Go:
Business plans by snail mail are a no-go. Entrepreneurs must submit their plans via the Alliance of Angels online Web form.
Average investment range:
$25,000 to $1 million+
Number of angels/investors in the network:
140
Contact:
Alliance of Angels
1301 5th Ave.
Suite 2500
Seattle, WA 98101
206-389-7261
info@allianceofangels.com
Vancouver Enterprise Forum Angel Technology Network
A group of 20 to 30 high-technology CEOs and executives who meet monthly to hear two or three 15-minute business presentations by start-up technology entrepreneurs. It's private and informal and looks only at companies in British Columbia. First meeting held in 1999.
Sweet Spot:
Entrepreneurs seeking investments in the low to mid six-figure range. Submit executive summaries via the group's Web site.
Average investment range:
Typical angels invest in the $100K+ range
Number of angels/investors in the network:
20 to 30 per meeting
Contact:
SFU TIME Centre
Mike Volker
7400-515 W. Hastings St.
Vancouver, BC V6B 5KS
604-683-5357
mike@volker.org
Arizona Angels
Formed in 1999, Arizona Angels invest only in Arizona-based companies. They consider themselves very opportunistic and will consider deals that involve pre-VC equity, bridge loans, management buyouts, or acquisitions. To date, members have invested more than $3.5 million in six companies.
Sweet Spot:
High-growth companies beyond the seed or start-up stage that need capital to demonstrate a business proof of concept, in order to then attract venture capital or a strategic acquirer.
No-Go:
No real estate or mining companies need apply. Strongly prefer to be contacted via E-mail.
Average investment range:
$500,000 to $1.5 million
Number of angels/investors in the network:
100+
Contact:
Arizona Angels
Greg Cobb, Managing Director
7000 E. Shea Blvd, # F1840
Scottsdale, AZ 85254-5261
480-922-1455
gcobb@arizonaangels.com
The Desert Angels
