Lake Superior Angel Network - Ideal Startup Investment
·Lake Superior Region is defined as those contiguous counties from St. Louis County, MN to the Western U.P. of Michigan.
·Typical investments will be made in the range of $50,000 to $500,000.
·Larger funding rounds will be introduced to additional angel groups for consideration of “co-investing” in the deal with LSAN.
·Firms in the Lake Superior Region would be given preference, but firms outside the region could be considered for investment, especially if referred by another, known angel network.
Lake Superior Angel Network Invests In These Industries
• Business Products and Services
• Marketing / Advertising
• Clean Technology
• Media and Entertainment
• Computers and Peripherals
• Medical Devices and Equipment
• Consumer Products and Services
• Electronics / Instrumentation
• Networking and Equipment
• Financial Services
• Food / Drink
• Retailing / Distribution
• Healthcare Services
• Internet / Web Services
• IT Services
Lake Superior Angel Network Invests In Companies That Have Reached The Following Milestones
Product In Development - $1M 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
Lake Superior Angel Network Invests In Companies With These Funding Needs
Pre-money Valuation: USD500,000 - USD3,000,000
Capital Seeking: USD50,000 - USD500,000
Previously Raised: USD0 - USD1,000,000
Lake Superior Angel Network 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
Lake Superior Angel Network Investment Portfolio
Ask to Join as an Investor
Are you an accredited investor? Ask to join Lake Superior Angel Network by filling out their Membership Application.