This list was contributed by
Bob Barton. Thanks!
here are a few descriptions and pointers to angel groups (some VC's too) for early stage companies . . .
Hub Angels Investment Group, LLChttp://www.hubangels.com/Boston based Angel group
Angel Investor Forum
http://www.angelinvestorforum.com/Connecticut-based group of angel investors.
Cherrystone Angel Grouphttp://cherrystoneangelgroup.com/Rhode Island based angel investor group.
Walnut Venture Associateswww.walnutventures.comWalnut Venture Associates is a Boston-based group that focuses on information-technology companies. Group members have been the founders of 20 companies and the CEOs of more than 20 companies, have invested in more than 225 private companies, and have been members of the boards of directors of more than 125 companies.
Sweet Spot:
Seed- and early-stage companies in New England only.
Prefer to have executive summaries sent to them via E-mail.
Average investment range:
$250,000 to $1,000,000
Number of angels/investors in the network: 16
Contact:
info@walnutventures.comCommon Angelswww.commonangels.comNamed after the city's historic public meeting grounds, CommonAngels® is a group of 50 leading private investors and three dozen limited partners in our co-investment fund. Our members have founded, cofounded 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.
Sweet Spot:
Early-stage software companies in the Northeast.
No-Go:
Prefer not to receive full business plans (or anything else for that matter) in hard copy.
Send executive summaries by E-mail instead.
Average investment range:
$500,000 to $2 million
Number of angels/investors in the network: 50
private investors; three dozen limited partners
Contact:
CommonAngels
James Geshwiler, Managing Director
One Cranberry Hill, Suite 6
Lexington, MA 02421781-274-9124
james@commonangels.comVermont Investors Forum Inc.http://www.thinkvermont.com/financing/investors_forum.cfmA 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.
Sweet Spot:
Only invests in companies located in Vermont.
Average investment range:
$100,000 to $500,000
Number of angels/investors in the network: 600
Contact:
Vermont Investors Forum
Curt Carter
Department of Economic Development
National Life Building, Drawer 20
Montpelier, VT 05620
curt@thinkvermont.com802-828-5233
Gould & Co.No Web site
Invests in companies based in the Northeast, preferably in New England.
Sweet Spot:
Companies that are emerging into large markets.
Average investment range:
$100,000 to $2 million
Number of angels/investors in the network: 400+
Contact:
Gould & Co.
86 Front St.
Merrimack, NH 03054603-429-1631
gouldcapital@aol.comMaine Angelshttp://www.maineangels.org/Maine Angels was formed in 2003, and typical angel/venture capital returns without industry restrictions. They prefer to invest in companies with beta-tested products or lead customers.
Sweet Spot:
Have a preference for companies closer to home but are open on a case-by-case basis to syndication or collaboration regionally and nationally.
Average investment range:
$100,000 to $2 million
Number of angels/investors in network: 12
Contact:
Submit executive summaries to
applications@mailangels.org;
for general information e-mail
info@maineangels.org.
Tri-State Private Investors Networkhttp://www.angelinvestorfunding.com/tristatepin.htmIn the past five years, Tri-State PIN members have invested in more than 50 start-up and early-stage companies. Businesses in which they have invested include Internet infrastructure software related to the gaming industry, mobile, wireless communication services for field service personnel, real estate, software, electronics manufacturing, microbreweries, theater, restaurants, and travel. Run by Ellen Sandles, founder and executive director, the group is based in New York.
Sweet Spot:
Early-stage companies from the Northeast through the Mid-Atlantic region.
No-Go:
Don't call or send snail mail. Send E-mail only, preferably straight from the website, where the application process is explained. Entrepreneurs who meet Tri-State PIN specifications are contacted by telephone; those who do not meet criteria are e-mailed an evaluation form with explanations, and if possible, recommendations to assist the entrepreneur.
Average investment range:
$500,000 to $2 million
Number of angels/investors in the network: 30
Contact:
For more information, please contact via the Tri-State PIN website,
www.angelinvestorfunding.comSilicon Garden Angels Investors Network http://www.njangels.net/Invest in companies along the East Coast, ranging from New Hampshire to Pittsburgh, Baltimore, and the Washington, DC area.
Average investment range:
$20,000 to $250,000
Number of angels/investors in the network: 100+
Contact:
Silicon Garden Angels & Investors Network
Dan Conley
32 Cedar Brook Dr.
Somerset, NJ 08873-2854
732-873-1955
njangelsnet@aol.comangels@njangels.netTech Valley Angel Networkhttp://www.techvalleyangels.com/(TVAN) TVAN angels invest in early-stage businesses in northeastern New York and adjacent western New England. Register and complete a business review form on the TVAN Web site for consideration.
Sweet Spot:
TVAN is interested in all types of businesses that demonstrate a good investment opportunity with a reasonable chance to succeed.
Average investment range:
$50,000 to $1 million
Number of angels/investors: 20+
Contact:
Tech Valley Angel Network
Rensselaer Technology Park
250 Jordan Road
Troy, NY 12180
518-283-5385
info@techvalleyangels.com
