Our Investment Process
Applications submitted are reviewed by a screening committee, then by all members.
Screening is a 15 minute presentation and Q&A. Companies with interest from 7 or more Angels will be invited to Discovery.
Discovery occurs within two weeks of screening and includes a two hour meeting for an in depth discussion on key issues affecting the future success of the business. With sufficient interest from Angels, companies are invited to Due Diligence.
Due Diligence occurs within two weeks of Discovery and can include verification of statements in the business plan and financial projections, calls with customers and vendors, and discussion of valuation to ensure both parties are within working distance. An active role on the founder’s part to facilitate this process will expedite a final investment decision.
Term Sheet Negotiation
Term Sheet Negotiation occurs once Due Diligence is complete. Interested Angel investors will either present a term sheet that defines the structure of a proposed investment or respond to the term sheet already provided by the lead investor in a given round.
Ready to Apply?
After you’ve taken a look at our investment criteria, read all about our process, polished your business plan and perfected your presentation, you are now ready to fill out our application..