Utah Angels - Angel Group

Utah Angels

Angel Group | Provo, UT, United States
www.utahangels.com

Share your venture with Utah Angels

Utah Angels - Angel GroupJohn Richards
Managing Director
Utah Angels - Angel GroupKyle B Love
Managing Director

Utah Angels - Ideal Startup Investment

We seek deals in the Wasatch Front of Utah, with a special focus on Utah and Salt Lake Counties. Davis and Wasatch Counties are acceptable as well. We do not want to see any deals outside the Intermountain West and we would be extremely hesitant to invest outside the State of Utah.

We are interested in all types of companies, with the natural venture propensity for high tech and life sciences. However, we will look at any business. We have a preference for a good mix of brand new start-ups and more emerging companies with revenue history.

An ideal investment for us would be one that has a relatively low capital need, has good management in place, and has a high exit industry (high multiple - 3X sales or better).

Utah Angels Invests In These Industries

BiotechnologyMedia and Entertainment
Clean TechnologyMedical Devices and Equipment
Computers and PeripheralsMobile
EducationNanotechnology
Electronics / InstrumentationNetworking and Equipment
Industrial/EnergyOther
Internet / Web ServicesSoftware
Marketing / AdvertisingTelecommunications

Utah Angels Invests In Companies That Have Reached The Following Milestones

Concept Only - $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

Utah Angels Invests In Companies With These Funding Needs

  • Pre-money Valuation: USD0 - USD4,000,000
  • Capital Seeking: USD50,000 - USD1,000,000
  • Previously Raised: USD50,000 - USD2,000,000

Utah Angels Expects Their Investments To Generate

  • Expected Revenue By Year 5: USD4,000,000 - USD100,000,000
  • Expected Returns: 5x Investment - 50x Investment
  • Expected Years to Exit: 1 Year - 7 Years
  • Expected Years to Break Even: 1 Year - 2 Years

Utah Angels Investment Portfolio

Not Available

Group's Activity

  • Invested in past 12 months: $15,000
  • Average investment size: $517,333
  • Average days until invested: 228
  • Applications in last 30 days: 7
  • Days average screening time: 59
  • Until first view: 38 days
  • Member log ins in last 30 days: 27
  • Active members: 13
  • New members last 12 months: 0
  • Average views per deal: 2

Deal Funnel - Last 12 Months

New100%
In Progress23%
Invested0%

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