Funding Process
Companies that apply to US Angel Investors typically seek their first outside round, often after significant investments from friends and family investments. Sometimes startups also seek to raise funds in B and C rounds, often when they do not fit typical VC criteria.
The process of selecting companies that apply to US Angel Investors members is:
Online Application
Companies interested in applying to US Angel Investors should upload their application and documents
here.
Pre-screening
Applications are pre-screened by the appropriate persons or committees. 5-10 companies are selected to present at the Deal Screening meeting(s) or are screened online.
Deal Screening
The presentation is 15 MN long, with a 10 MN PowerPoint (12 slides or less), followed by a Question and Answer session. Companies are selected after screening to present at the monthly US Angel Investor meeting.
US Angel Investors Meeting
"The presentation is 15 MN long, with a 10 MN PowerPoint (12 slides or less), followed by a Question and Answer session. Companies are selected after screening to present at the monthly US Angel Investor meeting"
by
Deal screening is most often done through presentation to a screening comittee, but is also somtetimes conducted on line.
When presenting to our screening comitee, the presentation should be 10 MN long, with a 12 slides or less PowerPoint, followed by a 5 MN Question and Answer session. Presentations should be forwarded the day before, and presenters should bring a back-up copy. Presenters using Macs should bring their own laptop. Companies are selected after screening to present at the monthly US Angel Investor meeting.
Due Diligence and Disclaimer
The due diligence process is negotiated between the interested investors and the companies seeking funding. US Angel Investors does not perform any due diligence, except to the extent that the group needs to determine the relative quality of a startup company for the purpose of presentation to the group only. US Angel Investors does not vouch for the risk involved in investing in any of the companies presented to the group, requires that investors interested in presenting companies be accredited investors, and does not engage in the sale or resale of securities.
US Angel Investors is a newly formed investment community of accredited
private equity (“angel”) investors who provide counsel and capital to
startup companies in a wide variety of industries. This formal group
includes former and current executives and entrepreneurs, venture
capitalists, corporate investors, institutional investors, and Boston
Consulting Group alumni. We meet once a month, alternating between Silicon
Valley and San Francisco. US Angel Investors works closely with Bay Area
Startup Network (www.basn.org), a sister organization whose goal is to
provide networking opportunities for early stage startups. |
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