Startup Funding Band of Angels Investors
Looking for Funding?
If you are a startup with a focus in the following areas, you should consider pitching at Band of Angels:
High tech including software,
Life sciences/Medtech
Hardware
Fintech
Energy and more?
The Band of Angels (investors) meets monthly in Silicon Valley and San Francisco to formally consider three startups selected from among the 50+ that are screened each month by the Band deal selection process.
The Band is primarily focused on seed stage high technology and life science companies with strong teams, proprietary technology, and big markets. NOTE: They do not invest in real estate, restaurants, retail, or funds. The Band invests within the range of $300K to $750K, but often leads a syndication of $1-1.5M. The largest investment ever contributed by the Band was $3.3M to Sendmail in 1998. Valuation depends on many factors but a few companies have successfully raised financing from the Band at valuations greater than $10M. One of the initial criteria used to evaluate deals is location. Their preference is to invest in companies located in California, so that they can remain active with their portfolio throughout the early stages of development.