Virginia Active Angel Network - Angel Group

Virginia Active Angel Network

Angel Group | Charlottesville, VA, United States
www.virginiaactiveangelnetwork.com/home.html

Share your venture with Virginia Active Angel Network

Virginia Active Angel Network - Angel GroupLetitia Green
General Manager

Virginia Active Angel Network - Ideal Startup Investment

Virginia Active Angel Network's ideal investment is first and foremost run by an amazing entrepreneur who has a great deal of confidence, has already figured out how to get excellent legal and accounting representation as well as has a well-thought out 20 minute presentation that understands what investors in early and seed-stage deals really want: to make a return for their risk and to get an idea when the investor should reasonably expect to get their investment returned to them and at what multiple. VAAN does not require nor normally ask for a board seat but insists on a board advisory role sitting in on EVERY single board meeting. The investment is more attractive if a credible Angel Capital Association group is already involved and successfully has documents and information showing that it is working on the deal and the opportunity all the time and thus makes it easier for VAAN to be able to invest "alongside" a lead investor. We will lead, but we prefer to co-invest when possible due to our small (but prolific investing) size. VAAN members do not seem as interested in opportunities that rely on ten and 20 years to blossom and sometimes this can mean biotech, though VAAN members have made several investments in this area and successfully. VAAN is looking to help smart, educated, honest and communicative entrepreneurs with a great idea alongside others that believe in them enough to invest. VAAN is not interested EVER in investing to pay back the founders or to pay back debt already owed. It doesn't mean that companies won't have prior debts, just that VAAN will not be investing to provide payment back to entrepreneurs, founders or board members for loans or accrued earnings of any kind. We hope you will consider VAAN and look forward to getting your submission. However, please remember that if you are URGENTLY looking for funds, VAAN is probably not suitable for you because we take some time to review our submissions and in 2009 we are about 20 days behind our usual attentiveness due to the increase in need from entrepreneurs and the derth of investing dollars at this time of low credit lending. Thank you. The Management

Virginia Active Angel Network Invests In These Industries

Business Products and ServicesMedical Devices and Equipment
Clean TechnologyMobile
EducationNanotechnology
Electronics / InstrumentationNetworking and Equipment
Food / DrinkOther
GamingSoftware
Healthcare ServicesSports
Internet / Web ServicesTelecommunications
IT ServicesTravel
Media and Entertainment

Virginia Active Angel Network Invests In Companies That Have Reached The Following Milestones

Prototype Ready - $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

Virginia Active Angel Network Invests In Companies With These Funding Needs

  • Pre-money Valuation: USD500,000 - USD10,000,000
  • Capital Seeking: USD150,000 - USD3,000,000
  • Previously Raised: USD100,000 - USD650,000

Virginia Active Angel Network Expects Their Investments To Generate

  • Expected Revenue By Year 5: - Not Entered
  • Expected Returns: 20x Investment - 20x Investment
  • Expected Years to Exit: 3 Years - 6 Years
  • Expected Years to Break Even: 3 Years - 7 Years

Virginia Active Angel Network Investment Portfolio

Previous Investments
20/20 GeneSystems, Inc. Funded20/20 GeneSystems, Inc.ESP Digital Media FundedESP Digital MediaESP Systems FundedESP SystemsNexGenVS, LLC converting to Vidrunner, Inc. FundedNexGenVS, LLC converting to Vidrunner, Inc.PluroGen Therapeutics, Inc. FundedPluroGen Therapeutics, Inc.PetsDx FundedPetsDxPCS Corp dba TalkShoe FundedPCS Corp dba TalkShoe

Group's Industry Expertise

  • Financial Services (50 %)
  • Software (50 %)
  • Consumer Products and Services (50 %)
  • Nanotechnology (50 %)
  • Other (50 %)
  • Mobile (50 %)
  • Travel (50 %)
  • Telecommunications (50 %)
  • Internet / Web Services (50 %)
  • Education (25 %)
  • Computers and Peripherals (25 %)
  • Biotechnology (25 %)
  • Gaming (25 %)
  • Medical Devices and Equipment (25 %)
  • Networking and Equipment (25 %)
  • Electronics / Instrumentation (25 %)
  • Business Products and Services (25 %)
  • Media and Entertainment (25 %)
  • Healthcare Services (25 %)

Ask to Join as an Investor

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