Lake Superior Angel Network - Angel Group

Lake Superior Angel Network

Angel Group | Superior, WI, United States
www.lakesuperiorangels.com

Share your venture with Lake Superior Angel Network

Lake Superior Angel Network - Ideal Startup Investment

Scope

·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

BiotechnologyLifestyle
Business Products and ServicesMarketing / Advertising
Clean TechnologyMedia and Entertainment
Computers and PeripheralsMedical Devices and Equipment
Consumer Products and ServicesMobile
EducationNanotechnology
Electronics / InstrumentationNetworking and Equipment
Financial ServicesOther
Food / DrinkRetailing / Distribution
GamingSemiconductors
Healthcare ServicesSoftware
Industrial/EnergySports
Internet / Web ServicesTelecommunications
IT ServicesTravel

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

Not Available

Ask to Join as an Investor

Are you an accredited investor? Ask to join Lake Superior Angel Network by filling out their Membership Application.