Angel Networks

Angel networks are by no means the only place to find angel investors.  In fact, it’s estimated that perhaps only 25% of all angel investors participate in an angel network.  However, the most active investors are often attracted to these networks as a means of sourcing attractive opportunities and collaborating with other like-minded investors.  Angel networks vary in size and structure.  Some are highly organized, such as the Common Angels, with a full-time staff that sources deal flow and passes it along to sector-specific subject matter experts within the group.  Some networks are more akin to investment clubs with regular meetings where entrepreneurs will come in and present their business plan.  Below is a list of New England area Angel networks. For more angel networks outside New England, check out this site: http://www.antiventurecapital.com/angelinvestorsourceslist3.html

Angel Healthcare Investors (www.hcangels.com)  Boston, MA

Comprised of over 45 sophisticated, accredited investors seeking investment opportunities in early-stage healthcare and life sciences companies.  From healthcare services to biotechnology and medical devices, Angel Healthcare targets investments in companies that clearly add value by addressing demonstrated customer needs.

Angel Investor Forum (www.angelinvestorforum.com) Old Saybrook, CT 

Since 2004, AIF members have invested their time, talent and money in supporting companies with solid business models and their efforts to grow successfully. Each month we target one of the four investment types: medical devices, financial services, software and consumer products.   The Angel Investor Forum is a charter member of the Angel Capital Association, an organization sponsored by the Kauffman Foundation, that is focused on developing best practices for the operation of angel organizations across North America.

Bay Angels (www.bayangels.net) Cape Cod, MA 

An angel network serving Cape Cod and the surrounding region, helping business professionals from the area to meet entrepreneurs who have developed innovative concepts, products, services or projects that require investment capital and mentoring to develop and grow.

Beacon Angels, LLC  (www.beaconangels.com) Boston, MA

Beacon Angels is a Boston-based angel group that makes investments in the $100,000 to $300,000 range in small fast-growing companies.  Beacon Angels members attract and access a steady flow of early-stage private investment opportunities, and build portfolio value through shared capital, experience, and strategic relationships.

Common Angels (www.commonangels.com) Lexington, MA 

Named for the city’s historic public meeting grounds, CommonAngels is a group of more than 50 leading private investors and three dozen limited partners in our own co-investment fund. Our members have founded or run high-tech companies. Since 1998, we have worked closely with early stage software companies in the Northeast, funding 22 with over $25 million of our funds and $90 million from other investors.

 eCoast Angels (www.ecoastangels.com) Portsmouth, NH 

The eCoast Angel Network was formed in July 2000 by a group of like-minded investors from the Portsmouth, NH area. The group’s focus is on early-stage companies involved with advanced technology, e-commerce, healthcare, and industrial products and services, principally located in the New Hampshire coastal region. The group is most interested in companies requiring $250K-$2 Million at pre-money valuations of less than $5 Million, who have a credible multi-option exit strategy and are led by an experienced core management team.

 1st Run Angels Group (www.firstrunangelgroup.com) Conway, NH 

The Mount Washington Valley Economic Council has formed a unique group to help businesses in the region address the need for equity capital. This group will help solve the problem of where to obtain injection capital for desirable business startups, expansions or recruitment opportunities to bring businesses to our area.  First Run acts as a conduit to find and screen business proposals for the investors. Once an angel investor(s) takes an interest in a company the investor(s) and business owners work out the terms and conditions of the investment together.

Investors Circle (www.investorscircle.net) Brookline, MA 

Investors’ Circle is an intermediary whose mission is to support early-stage, private companies through introductions to qualified investors.  Founded in 1992, IC has become one of the nation’s oldest and largest investor networks, and the only one devoted specifically to sustainability. Its members and active affiliates are high net worth individuals, professional venture capitalists, family offices and foundations. In its first decade, network members invested over $90 million into 147 early stage private companies and venture funds working to deliver commercial solutions to social and environmental problems.

Launchpad Venture Group (www.launchpadventuregroup.com) Wellesley, MA

Angel investment group that provides funding to early-stage companies. We are looking for innovative, technology-driven startup companies addressing a significant market opportunity where our investment can make a difference. Today, Launchpad has over 30 active investors. Members come from a variety of backgrounds and professions, including the technology, financial and service communities. In a typical situation, Launchpad’s investors will invest between $100,000 and $300,000 and work with the company to proceed to the next stage. We can help your business grow by helping you recruit new members of your management team, develop strategic partners, refine product strategy, and raise your next round of venture funding. 

Maine Angels (www.maineangels.org) Portland, ME

Maine Angels was founded in 2003 to enhance regional economic development by providing a cooperative mechanism for qualified investors to collaboratively locate, investigate and make investments in promising early-stage companies. Maine Angels’ collective investments in companies typically range from $50,000 to $250,000 in most deals. Investments in companies based in Maine typically are eligible for Maine’s Seed Capital Tax Credit Program administered by the Financial Authority of Maine (FAME).  As of December 2008, MAINE ANGELS consists of 41 members who collectively have invested more than $3.2 million in 21 promising early stage companies. Naturally, Maine Angels focuses on companies based in Maine, but will consider – and has participated in – opportunities throughout the region and elsewhere, at times in collaboration with other angel or venture groups. 

North Country Angels  (www.northcountryangels.com) Waterbury, VT

North Country Angels (NCA) brings together over 40 successful and experienced entrepreneurs who are active in making early-stage and seed investments in companies located in the northeastern United States. Every month we gather informally to discuss business plans from prospective companies. Members of NCA make individual decisions about investments. Many are interested in taking active roles in the development of a venture, from management and board activities to helping structure financially sound investment placements.

River Valley Investors (www.rivervalleyinvestors.angelgroups.net) Springfield, MA 

River Valley Investors is a Western Massachusetts-based group of individual investors seeking investment opportunities in both early stage companies with significant growth potential as well as later stage companies. 

Vermont Investors Forum (www.vermontinvestorsforum.com) Burlington, VT 

A nonprofit corporation that holds annual forums and introduces angel investors to early-stage Vermont businesses. At each forum, 10 to 12 small Vermont businesses are selected to present business plans. Forums may be attended by invitation only.  VIF selected 9 unique growth companies seeking to raise capital, to pitch to an invitation-only audience of investors on Friday, October 30, 2009 at the Stoweflake Resort in Stowe, Vermont.  These companies received coaching from the VIF Steering Committee and presented in back-to-back groupings, leaving ample time for attendees to meet individually with the presenters during breaks. In this way, the Forum provides an excellent and efficient way for a number of growth companies and investors to connect in a short period of time.

For more angel networks outside New England, check out this site: http://www.antiventurecapital.com/angelinvestorsourceslist3.html

One Response “Angel Networks” →
  1. I have found the overview of Angel organizations to be informative and succinct.

    Thank you for providing such a site.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 52 other followers

%d bloggers like this: