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Cornerstone Angels

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Cornerstone Angels seeks to bridge the growing funding gap between start-up and institutional capital, helping to seed the companies of tomorrow.

Submit Your Company
Application Fee: $50

Investment Preferences

  • Industries
    Business Products, Clean Technology, Consumer Products, Financial Services, Food and Beverage, Gaming, Industrial/Energy, Internet / Web Services, IT Services, Media and Entertainment, Mobile, Software

Our Investment Focus

Cornerstone is focused on seed and Series A investments in high growth ventures which are capital efficient. We are located in Chicago area and are focused on investments in the greater Midwest; however, we will invest nationally for the right opportunities. We are willing to invest alongside of other angels, angel groups, and VCs in syndicates.


Key General Criteria include:


  • Use of funds focused on sales and marketing execution, not R&D

  • Product or service needs to be developed, with preference for customer validation either through usage or sales

  • Strong management team in place, with good mix of domain expertise and early venture experience

  • Funding round generally larger than $500K and less than $3 million

  • Pre-money valuation generally less than $5 million

Investment Process:


* Application: A company first must apply through submission of the online application on Gust. Please note that there is a $50 fee for the application. The Application Fee is a non-refundable processing fee and is retained by Cornerstone Angels whether or not a company is selected to present at future screening or investment meetings. We are sensitive to any fees to entrepreneurs as the core of our activities is focused on finding high quality investments. The application fee is a low-cost way for entrepreneurs and our group to interact and help control the quality of submissions. As always, we encourage entrepreneurs to network into our members and other trusted partners to help in getting your business into our review process.


* Pre-Screening: Upon favorable response, a company may be asked to provide additional details. At this point, the company should have provided an executive summary, business plan or investor powerpoint presentation, and summary financials.


* Deal Screening: An in-person screening event will take place with the Company providing a 10 minute presentation and having 10 minutes in Q&A in front of a panel of screeners composed of investors and industry veterans.


* Diligence: A select group of companies will be selected for further review and investigation


* Investment Meeting: 2-3 companies will be invited to present to the Investment Meeting in front of investors. These meetings will typically be held every two months. Each company will make a 15 minute presentation, with up to 20 minutes reserved for Q&A. We also ask the company based on the value received during its involvement with the group, and any funding success that may be achieved, to consider providing the Cornerstone Angels group with an appropriate level of compensation, in cash or equity at the Company's discretion.

Portfolio

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Edison DC Systems

Industrial/Energy
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KitoTech Medical

Medical Devices and Equipment
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SDBIC

Financial Services
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BoostUp

Internet / Web Services
Micro_2914fb46-616b-4390-b933-02e145fffdd1

IMH, Inc.

Financial Services
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Syrus Global

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Micro_0db99927-6376-4afe-98a3-013add28e819

Organic To Go

Food and Beverage
Micro_131bc8da-976b-418a-93c0-752ca9523438

Amyris Biotechnologies

Clean Technology
Micro_dcc5fc1a-c922-4f7b-9835-31ceda03ea44

OurStage, Inc.

Internet / Web Services
Micro_3e414175-eca4-4f43-ac57-708bcacf9661

Digital Acoustics

Electronics / Instrumentation
Micro_11c6086b-d6c0-42bc-973d-f6b7f4a68232

RMI Corporation

Electronics / Instrumentation
Micro_4e9994b4-9922-47e3-adf7-a4ed6f94c694

Companion Diagnostics

Biotechnology
Micro_aa14977f-7665-497e-a1ff-a9b7357ae577

Turin Networks

Electronics / Instrumentation
Micro_1ee5e60f-44d6-4f4d-9b2f-a2368e0a1eae

SmartCells, Inc

Biotechnology
Micro_c7cbb234-54af-4259-90ed-23aea7f10765

JIMINY LLC

Consumer Products
Micro_a118784d-3b04-4b2f-8c3c-c51d740afc8f

Tela Doc

Healthcare Services
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TruMarx Data Partners, Inc.

Software
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Intellihot Green Technologies Inc

Industrial/Energy
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U Connect, Inc.

Consumer Products
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Endotronix, Inc.

Medical Devices and Equipment
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Robinhood

Financial Services
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Physician Software Systems

Medical Devices and Equipment
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GreenPoint

Industrial/Energy
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Neuros Technology

Consumer Products
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Endotronix, Inc.

Medical Devices and Equipment
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Inovus Syndication

Industrial/Energy
Micro_a468850e-4ec6-40bb-b221-b0dd77989476

10x Technology

Industrial/Energy
Micro_46711b14-c87c-4931-ac2c-c1cebe75d512

Advanced Diamond Technologies, Inc.

Industrial/Energy
Micro_c9be5a1e-13c6-468c-b255-c9b6121b1c63

Power.com (Draper Fisher-DFJ, multiple angel gr...

Internet / Web Services
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Pursuit Vascular, Inc.

Medical Devices and Equipment
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Vasc-Alert LLC

Medical Devices and Equipment
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Lumec Control Products, Inc

Clean Technology
Micro_44ebde4d-63be-44f6-85cd-56a0cf914d7e

Are You a Human

Internet / Web Services
Micro_24e7b58c-b641-4c82-b4d1-bfe8b408beab

Hardcore Computer

Computers and Peripherals
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Right At School

Education
Micro_90c15ed5-02f3-4434-adbe-a8e85c3bba95

Gearbox Express

Clean Technology
Micro_dd9eba0a-63fd-434a-9141-32e76c5a8e91

PVPower, Inc.

Clean Technology
Micro_b1753ccc-0c05-4897-a830-86b0b80bafeb

Lucky Litter LLC

Consumer Products