Maine Angels Angel Group | Portland, ME, United States www.maineangels.org Angel Capital Association Share your venture with Maine Angels Don Gooding Board Member Sandra Stone Chairman Maine Angels - Ideal Startup Investment Maine Angels helps entrepreneurs by investing in and mentoring early stage companies. Our goal is to make sound investments in promising New England entrepreneurs with an emphasis on Maine businesses. Members from diverse business backgrounds collaborate to share the process of vetting, investing and advising. While bound by mutual interests we invest individually. Our own diversity, and that of the Maine economy, means our investments span many industries. Over ten years and 42 companies in our portfolio of investments, our choices have included both pre-revenue and early revenue companies. Investments have ranged from $35K to $710K as a group, usually as part of a larger financing along with other investors with whom we partner. We are selective both in our investments and our choice of partners, and are actively seeking both new investments and new members. We look forward to learning more about you. Maine Angels members generally are looking for the following attributes in an investment opportunity: - Differentiated product or service - Emerging market for the product - Scalable business with plan to meet growing market - Management capable of executing to plan - Attractive deal terms - Achievable exit strategy that exploits opportunity - Preference for East Coast/ New England deals within site visit range To be considered by Maine Angels, companies need to submit the application form, an Executive Summary (preferably addressing the key points noted above), and a term sheet or description of terms. Maine Angels members will consider the opportunity at a screening meeting (cutoff for consideration generally is receipt by Maine Angels no sooner than two weeks prior to the next scheduled meeting on the 4th Friday of the month). The entrepreneurs from the top 2-3 deals would be invited to make a presentation in person to the Maine Angels membership at the upcoming meeting. It there is sufficient interest to pursue a venture by at least 3 or more members, a deal lead will contact the company for more information, and conduct additional due diligence. If there is not sufficient interest to go forward, the company will be contacted, most likely by email. Maine Angels Invests In These Industries Not Available Maine Angels Invests In Companies That Have Reached The Following Milestones Product In Development - $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 Maine Angels Invests In Companies With These Funding Needs Pre-money Valuation: USD500,000 - USD5,000,000 Capital Seeking: USD100,000 - USD2,000,000 Previously Raised: USD0 - USD500,000 Maine Angels Expects Their Investments To Generate Expected Revenue By Year 5: USD10,000,000 - USD50,000,000 Expected Returns: 10x Investment - 50x Investment Expected Years to Exit: 2 Years - 7 Years Expected Years to Break Even: 1 Year - 3 Years Maine Angels Investment Portfolio Not Available

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