John Richards Managing DirectorKyle 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
• Biotechnology
• Media and Entertainment
• Clean Technology
• Medical Devices and Equipment
• Computers and Peripherals
• Mobile
• Education
• Nanotechnology
• Electronics / Instrumentation
• Networking and Equipment
• Industrial/Energy
• Other
• Internet / Web Services
• Software
• Marketing / Advertising
• Telecommunications
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
New
100%
In Progress
23%
Invested
0%
Ask to Join as an Investor
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