Bulgarian Angels Club

Angel Group · 118 Members · Sofia, Bulgaria
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About this Program

Bulgarian Angels Club is a group of senior executives and entrepreneurs located in Bulgaria investing early stage startups.

Our Investment Focus

Prior to seeking angel investment, it is important that your business is at the right growth threshold and that you are ready for the responsibility of having outside investors.

The Club invest between EUR 10 000 and EUR 250 000. We are looking for companies that have an established proof of concept and are poised for growth. We tend to avoid investments that require significant capital and regulatory approval in order to get their product to market.

The Club looks for early stage, normally post-accelerator startups that are highly scalable and that can show us how the company will get to break-even or to a clear meaningful mile stone (e.g.Seed or Series A.Funding) within 12-24 months on the basis of our one-time investment. This typically means smallish teams (2 to 5 people), with serious domain expertise and a product that is either currently in the market or already in beta.

See here our investment criteria and if you fit in before you apply.

Please, note that the Club charges 5% success fee if the startup successfully raises funding through the club. The amount is calculated from the actual net amount received by the entrepreneur from our members and partners introduced through us - i.e. only if we add value. Any other amounts fundraised by you in the same round is your business. The rule is simple – you get money for your business and we also get a little bit from it to sustain ours and run club operations. No strings attached.

By applying for funding to our club through this platform you automatically consent that we can use the data you sumbit for the purposes of our business and inline with GDPR. Please, read carefully our Personal Data Protection Policy before you APPLY.





Internet / Web Services


Internet / Web Services


Clean Technology


Internet / Web Services

CogZum Ltd.



Healthcare Services

Preferred Financials

  • Capital Seeking
  • лв20,000 - лв500,000
  • Valuation
  • -