Individuals and/or small companies with good business ideas can approach Klak for assistance in their development and marketing. Klak is in fact an incubator/accelerator where start-ups have access to facilities, equipment, consulting, business relations and financing.
Klak, being the first privately held IT incubator in Iceland, will stimulate further the growth already under way in the Icelandic and Scandinavian IT businesses and thus take part in enormous opportunities that exist in he IT business worldwide.
Klak is working in close cooperation with two major Icelandic Investment banks securing funding for selected projects, in addition to providing knowledge and experience related to venture capital financing. In addition Klak will work closely with universities and research institutions.
Iceland Angels Invests In These Industries
• Biotechnology
• Internet / Web Services
• Business Products and Services
• IT Services
• Clean Technology
• Lifestyle
• Computers and Peripherals
• Media and Entertainment
• Consumer Products and Services
• Medical Devices and Equipment
• Education
• Mobile
• Electronics / Instrumentation
• Nanotechnology
• Financial Services
• Networking and Equipment
• Food / Drink
• Software
• Gaming
• Telecommunications
• Healthcare Services
• Travel
Iceland Angels Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Iceland Angels Invests In Companies With These Funding Needs
Pre-money Valuation: USD500,000 - USD3,000,000
Capital Seeking: USD100,000 - USD1,000,000
Previously Raised: USD50,000 - USD1,000,000
Iceland Angels Expects Their Investments To Generate
Expected Revenue By Year 5: USD10,000,000 - USD50,000,000
Expected Returns: 10x Investment - 30x Investment
Expected Years to Exit: 2 Years - 7 Years
Expected Years to Break Even: 1 Year - 3 Years
Iceland Angels Investment Portfolio
Not Available
Group's Activity
Invested in past 12 months: $0
Average investment size: Unknown
Average days until invested: Unknown
Applications in last 30 days: 5
Days average screening time: 609
Until first view: 37 days
Member log ins in last 30 days: 0
Active members: 3
New members last 12 months: 0
Average views per deal: 0
Deal Funnel - Last 12 Months
New
100%
In Progress
0%
Invested
0%
Group's Industry Expertise
Computers and Peripherals (33
%)
Lifestyle (33
%)
Healthcare Services (33
%)
Media and Entertainment (33
%)
Internet / Web Services (33
%)
Business Products and Services (33
%)
Food / Drink (33
%)
Marketing / Advertising (33
%)
Mobile (33
%)
Financial Services (33
%)
Education (33
%)
Software (33
%)
Telecommunications (33
%)
Sports (33
%)
Consumer Products and Services (33
%)
Gaming (33
%)
Industrial/Energy (33
%)
Travel (33
%)
Retailing / Distribution (33
%)
Networking and Equipment (33
%)
Ask to Join as an Investor
Are you an accredited investor? Ask to join Iceland Angels by filling out their Membership Application.