Charlottesville Angel Network
About this Program
Angel group investing in early-stage companies with high-growth potential. Named #9 in the US and #1 in the SE in the 2021 HALO report by no of deals closed.
Our Investment Focus
CAN has a soft-spot for Virginia-based companies. More than half of our investments are in Virginia; however, we are open to great startups wherever they may be. We seek to build strong relationships with the startups we fund, often before we even fund them. We value those relationships more than proximity.
CAN invests in seed, angel, and friends & family rounds up through Series A in promising startups raising less than $5MM. We typically invest $100K – $300K in a round and frequently partner with co-investors.
CAN members meet monthly to invest as a group in early-stage companies. We raise investment capital on a deal-by-deal basis. When there is enough interest from our members, we create a sole-purpose LLC as an investment vehicle and write a group check from one entity.
As with our members’ backgrounds, our investment and industry interests vary widely. Our investment portfolio includes: SaaS, digital healthcare, biotech, aerospace, consumer products, clean energy, food and beverages, and more.
We, as a group and individually, collaborate with numerous other angel groups and funding sources to find the best startups. We also work to champion our investments with our network.
CAN's screening committee, comprised of our members, meets monthly (typically during the last week of the month) to review applications submitted to CAN via Gust.com and selects 3 companies to present to CAN members during the following month's group meeting held in Charlottesville, VA.
Portfolio
Care+Wear
Consumer ProductsFringe
SoftwareMicronic Technologies, Inc.
Industrial/EnergyLiquet Medical Inc
Medical Devices and EquipmentPearl
SoftwareDominion Hemp
Consumer ProductsDevorto Corporation
AerospaceService Robotics & Technologies
Real EstateHubly Surgical
Medical Devices and EquipmentApplied Impact Robotics, Inc
Industrial/EnergyApplied Impact Robotics, Inc
Industrial/EnergyDive Technologies Inc
RoboticsuConnect, Inc.
Internet / Web ServicesEdge Tech Labs
Consumer ProductsARtGlass
Electronics / InstrumentationInclusively
Business ServicesThe Shed - Rent It All
Consumer ServicesChowCall
SoftwarePerfusion Medical
BiotechnologyAttn: Grace
Consumer ProductsMolecular Biologicals LLC
Medical Devices and EquipmentDominion Hemp
Consumer ProductsBrandefy
Internet / Web ServicesVarnish Lane
Consumer ServicesCard Isle
Consumer ProductsAdvanced Aircraft Company
AerospaceLiquet Medical Inc.
Medical Devices and EquipmentSyntrillo
BiotechnologySmart Response Technologies, Inc.
Internet / Web ServicesBookelicious Inc
EducationSceneThink
Internet / Web ServicesTympanogen, Inc.
Medical Devices and EquipmentBrandefy
Internet / Web ServicesNoBull Burger
Food and BeverageOne Health Group (OHG)
Medical Devices and EquipmentRho Impact
SoftwareLinebird
Industrial/EnergyPreferred Industries
- Aerospace
- Biotechnology
- Clean Technology
- Computers and Peripherals
- Consumer Products
- Education
- Electronics / Instrumentation
- Fintech
- Food and Beverage
- Industrial/Energy
- Internet / Web Services
- IT Services
- Medical Devices and Equipment
- Mobile
- Retailing / Distribution
- Security
- Semiconductors
- Software
Preferred Locations
- Virginia, USA
- Richmond, VA, USA
- Charlottesville, VA, USA
- Washington, DC, USA