CALIFORNIA
Fast Angels
Invests primarily in
companies in Silicon Valley. Seeks out technology entrepreneurs focused on
helping business "act faster, act smarter."
Sweet Spot:
Seed-
round financing in companies with less than a $2.5-million valuation. Submit
business ideas via the Web site.
Average investment range:
$50,000
to $1 million
Number of angels/investors in the network:
12
Contact:
Web site only. (See link above.)
The Angels' Forum
Invests in companies based in the Silicon Valley
and San Francisco Bay Area. Portfolio companies have come from a wide variety of
industries, including consumer products, enterprise software, industrial
products, Internet and E-commerce, medical devices and services, networking
technologies, pharmaceutical, semiconductors, telecommunications, and wireless.
Most start-up companies come to the group prescreened through professional
contacts in the banking, investment, and legal fields.
Sweet Spot:
Companies specializing in disruptive technologies.
Average investment
range:
$100,000 to $750,000
Number of angels/investors in the
network:
25
Contact:
The Angels' Forum
PO Box 1605
Los Altos, CA 94023-1605
650-857-0700
inquiries@AngelsForum.com
Tech Coast
Angels
Tech Coast Angels operates three regional
networks in Los Angeles, Orange County, and San Diego. Each network holds a
monthly dinner meeting and regular screening sessions to review
promising investment opportunities. Since 1997, the group has invested more than $37
million in more than 40 companies. Invests only in companies in southern
California.
Sweet Spot:
Early-stage technology companies.
Average investment range:
$250,000 to $2 million
Number of
angels/investors in the network:
200+
Contact:
Tech Coast
Angels
23011 Moulton
Parkway
Suite F-2
Laguna Hills, CA 92653
949-859-8445
techcoastangels@aab949.com
Silicon Valley Band of Angels
One of the
earliest angel networks, founded in 1995. Invests across all high-technology
categories. The vast majority of investments have been made in the seed or early
round (Series A or B). As of December 2000, the group had placed $82.6 million
into more than 132 start-up companies.
Sweet Spot:
Silicon
Valley-based high-tech start-ups.
Average investment:
$1 million
Number of angels/investors in the network:
150
Contact:
Band of Angels
3130 Alpine Rd.
Suite 200-7003
Portola Valley, CA 94028
415-441-2887
info@bandangels.com
CVBI Angel
Investor Network
(Central Valley Business Incubator)
Accepts applications only
from businesses in California's Central Valley region.
Average investment
range:
$10,000 to $500,000
Contact:
CVBI Angel Investor Network
2555 Clovis Ave.
Clovis,
CA 93612
559-292-9033
kfurtado@csufresno.edu
Sierra Angels
Preference for businesses located in Nevada,
California, or other nearby locations. Looks for companies offering unique
products with proprietary technology.
Sweet Spot:
Northern
Sierra-based companies.
Average investment range:
$500,000 to
$2,000,000
Contact:
Sierra Angels
PO Box 3215
Incline Village, NV 89450-3215
775-
831-7804
Send E-mail to the most appropriate address:
Software@sierraangels.com
Computing_Communications@sierraangels.com
HealthSciences@sierraangels.com
Internet@sierraangels.com
OtherTech@sierraangels.com
North Bay Angels
Founded June 1998.
Invests in companies in the San Francisco North Bay Area. Accepts proposals
directly, but sponsorship by a member is more commonly successful.
Sweet Spot:
Top picks: Telecommunications, software, Internet,
optics, and medical devices/services. Other potentially attractive investment
opportunities such as real estate development, manufacturing, retail, food/wine
projects, etc. will also be considered.
Average investment range:
$150,000 to $1 million
Number of angels/investors in the network:
100+
Contact:
Contact via Web site only. Use above link.
