Why be part of Angel Capital Group as an entrepreneur?
We have amassed hundreds of great minds, subject matter experts, successful entrepreneurs, and venture-style investors from around the nation who share diligence, expertise, experience, connections, and industry insight on ventures to identify irresistible opportunities. We are here to fund your venture. We are here to help you grow your business.
ACG merged with a sister network in 2014. Between the two networks, we have invested in over 145 companies for a total of $46M. We typically invest in 10 companies per year between $50,000 and $250,000, but have invested as much as $2.0M in a single venture.
We provide you a highly efficient mechanism for raising capital. We will work with you to build a broad syndicate of investors to capture the resources necessary to execute your business plan. We want you leading your company and selling products and services, not shares.
Pitch & Road Show
Become A Portfolio Company
There are three ways to become an Angel Capital Group portfolio company: the Road Show, FirstPitch, and Syndication. The FirstPitch is an opportunity for each of our Chapters to host companies local the chapter each month. We do require these companies to go through our screening process, but we do not perform deep diligence. Instead, we ask the local Chapter Members to get involved and to support the company. Once they are satisfied the company is worthy of joining our distinguished portfolio, we will open a deal for funding by the entire network. If you live in one of our Chapter cities, Denver, Kansas City, Nashville, Knoxville, Charleston, Ashland, or South Florida, please reach out to the Chapter President in your area. We want to engage our local entrepreneurs and help to grow the creative capacity of our chapter cities.
First Pitch Guidelines
- Fill out an initial application online at angelcapitalgroup.venture360.co this will provide our Angels with your contact info and some basic information about your company.
- You will be invited to present to one of our chapters, either the closest or most appropriate.
- 15 minute pitch to introduce your venture to our members.
- 15 minutes for questions for our members to get a feel for your team and venture.
- The local Chapter President will coordinate all activities regarding the FirstPitch.
- You are encouraged to bring guests so long as they are ACCREDITED INVESTORS.
- You are welcome to stay for the main presenting company but will be asked to leave when they are finished.
You are under no contract or obligation to raise funding through ACG. To learn more about finding a local chapter, or about founding a chapter location, check out our Locations page.
Video Road Show
The Video Road Show (VRS) company is selected through a very competitive process each month an have a deal champion inside the ACG syndicate. This company is put through deep diligence and a term sheet is signed defining the terms under which Angel Capital Group will invest. This company takes a road trip to sunny South Florida to make one video presentation that is broadcast to all chapters of ACG on the third Tuesday of the month. The video is archived for future reference by the ACG members. You will have access to the video for your own purposes. Once the Road Show is finished, we make a deal call to our syndicate members to make commitments to the deal. We then aggregate and wire funds directly to the company. This process from start to finish takes 8 – 12 weeks. We move at the pace of the “crowd,” but with the luxury of deep diligence and industry standard, investor friendly terms that will prepare the company to readily raise additional capital in the future if required.
Resources for Entrepreneurs
Angel Capital Group has built strategic partnerships with three entities that can help you along your path to success. Please visit their sites and explore how they can be part of your “next big thing:”
IdeaShares – The virtual incubator helping entrepreneurs and inventors successfully compress time, costs & risk associated with the early stages of ideation. If you are an inventor and want to understand the value or your idea, IdeaShares can help you along your path to success.
Ascend – The virtual incubator for startups that provides “trail guides,” mentors peer-to-peer relationships, to help you climb the learning curve of entrepreneurship. Everyone’s path is different, but someone has walked that trail before. Learn the hard lessons the easy way!
Business Owners Benefits Association – BOBA is a national membership-based association that unites small businesses giving them buying power and leverage for professional and other services. BOBA has established its own network of service providers to address critical small business issues and reduce operating costs. BOBA provides critical services, including review of insurance coverage for liabilities and omissions, to manage risk for both founders and investors in early stage private equity companies.
Entrepreneur Services Agreement
Pitch & Funding Process
We are science and technology investors at heart.
-Eric Dobson, CEO
- Companies with unique or protectable products or services with large market opportunities and recurring revenue models.
- Companies with a management team in place.
- Companies with a beta version of their product with beta clients/testing at a minimum.
- Companies that are within six months of the inflection point of making meaningful revenue at a minimum for non-biotech companies; 24 months from revenue for biotech.
- Companies that will become cashflow positive within 24 months and breakeven within 36 months at a minimum.
- Preferred equity, convertible note into preferred equity, or revenue sharing deal structure.
- Companies with a clear and logical exit strategy.
- Companies from a $1.5M – $6M valuation.
- Potential for a return of a 10 times our invested capital in 5 years, which generally equates to between $15M – $60M in annual revenue in that time frame.
- Companies in the technology, software/SaaS, medical devices, healthcare, biotech/life sciences, and advanced materials sectors. We also look at greentech, energy, financial services, and digital/web media sectors. We will consider an occasional consumer product if it has a massive market and a strong IP position.
- We generally do not invest in service-based businesses outside of software and finance. We generally do not invest in the food/beverage sector unless it is a uniquely marketable brand. We do not invest in real estate or REITs. We don’t invest internationally at this time. And, we don’t favor fashion or eCommerce investing.
When we consider an applicant for funding, we have a responsibility to our members to seek the absolute best deals out of as large a sample size as we can get. We also have a responsibility to help them build a holistic portfolio and specifically counsel against going all-in on long shots. We promote a diversification strategy for our investors, and we focus (to the best of our ability to judge) on opportunities we think have a high probability of exiting within around 5 years. And, from time to time, other market dynamics are in play that affect which deals proceed through our pipeline and which do not.
What we’re saying is: it’s not personal; it’s portfolio strategy. If it’s not a good fit today, stay in touch. And we always offer our two cents worth of feedback to any entrepreneur who wants to improve his or her game.
1. Companies with unique and/or protectable products or services with large market opportunities and recurring revenue models.
2. Companies with a management team in place.
3. Companies with a beta version of their product with beta clients/testing at a minimum.
4. Companies that are within six months of the inflection point of making meaningful revenue at a minimum.
5. Companies that can be cash flow positive within a maximum of two years and breakeven within 3 years (new).
6. Series A preferred rounds; occasionally a Series B or Common offering if the venture is outstanding.
7. Companies with a clear and logical marketing plan, sales plan, and complete exit strategy.
8. Companies from a $1.5M – $5M valuation.
9. Potential for a return of a 3 – 5 times our invested capital in 3 – 5 years, which generally equates to between $15M – $30M in annual revenue at a minimum in that time frame.
We invest in the following markets:
2. Software/software as a service
3. Medical devices
4. Biotech/life sciences
5. Digital/web media
6. Financial services
8. Green/Clean technology
9. An occasional consumer product if it is unique and protectable with a large market.
We generally do not invest in:
1. Real estate and REITs
2. Retail (fashion, etc.)
3. Restaurants, beverages, and food service
4. Research and development laboratories
5. Companies solely focused on managing government contracts
6. Service-based businesses outside of software
7. Foreign based businesses