757 ANGELS INVESTMENT CRITERIA INCLUDES:

  • Doing Business in Virginia

  • Resourceful Management Team

  • Unique and Disruptive Product or Service

  • Large, identified Market

  • Defensible

  • Validation

  • Exit potential – potential ROI 5-10x

  • Cooperation with 757 Angels process

  • Submission of application with $100 application fee

SCREENING AND SELECTING THE BEST STARTUPS BY:

  • Employing a custom scoresheet (with 20 criteria) to assess the viability of the investment – this unbiased, consistent scoring mechanism provides a standard manner of diligencing all deals

  • Concluding most (if not all) diligence in an entrepeneurially friendly manner before pitch meetings to members — founders typically only spend an hour in person or on the phone + answer a few follow-up questions before pitch night

  • Providing all deals and diligence before the formal pitches to members – enabling members to make their own decisions over a quick timeline (wiring funds within 30 days of pitch night)

Guiding Philosophy 

Angels not sharks. Shared success through collaboration. Carefully curated portfolios. Disciplined investment in post-revenue high growth companies led by successful entrepreneurs.  

We know the mid-Atlantic markets, and we know which technologies will be needed in the local economy that will scale to national and global potential. 

So what does our average start-up company look like? Revenue generating at six figures, experienced and accomplished entrepreneurs, unique products and technologies, planned and attainable exit strategies. 

Investment Criteria 

BlueTree Allied Angels focuses on investing in promising early-stage companies with significant growth potential.  We target investments meeting the following criteria:

  • Company headquartered within 250 miles of Pittsburgh, Pennsylvania.

    • We will only consider out-of-region investments as part of a syndicate with a reputable lead investor.

  • Experienced and talented management team.

  • Beta product preferred.

  • Business proof-of-concept via customer sales commitments preferred.

  • Clear path to cash flow breakeven.

  • Clear exit strategy.

  • Minimum of 10x return expected within 3-5 years.

  • Primary operations in targeted, high-growth industries aligned with BlueTree's membership interest.

  • Seeking investment between $200,000 and $3M.

  • Pre-money valuation of less than $5M.

Investment Criteria

We are looking for the following characteristics in our portfolio companies:

  • Passion - A passionate, technical, management team that understands the domain of their start-up.

  • Progress - A capital efficient business that has already developed a minimum viable product.

  • Differentiators - Clear differentiators to the competition or barriers to entry.

  • Team - The team should include a strong manager, someone with proven sales experience, and past experience working together.

  • Momentum - Current, highly satisfied paying customers and traction in the market.

  • Exit Strategy - A clear exit strategy in 3-5 years that will provide at least a 3-5x return.

  • Understanding - An understanding of a large market and the competition. The product should addresses a strong need in that market.

  • A Plan - A simple and logical revenue model.

  • Value - Valuation which corresponds to our return expectations with an exit to a strategic buyer.

Broad Street Angels is a member-led, investors network focusing on early stage, high-growth businesses in the Mid-Atlantic region, as a means of growing the region’s economy, retaining and attracting talent and fostering innovations that strengthen our civic infrastructure.

Entrepreneurs’ proposals are subject to review by our committee prior to being invited to present to BSA. Not all will be invited to present to BSA.

For more information or if you have questions, please send your email to: info@broadstreetangels.com

To have your deal considered for presentation to our group, please click on the link below.  Thank you.

https://gust.com/organizations/broad-street-angels/public_profile

CAV Angels is a non-profit organization housing the only angel group specifically catered towards UVA alumni. CAV Angels’ mission is twofold: first, to provide education on investment in private, early stage companies to members of the UVA family; second, to facilitate investment by members of the organization in early stage growth companies founded, owned, or managed by members of the UVA family.

How We Fund

CAN invests in seed, angel, and friends & family rounds in promising startups raising less than $5MM. We typically invest $100K – $300K in a round and frequently partner with co-investors on Series A and B rounds.

As with our members’ backgrounds, our investment and industry interests vary widely. Our investment portfolio includes: SAAS, digital healthcare, biotech, consumer products, clean energy, Ed Tech, and more.

We have a soft-spot for Virginia-based companies, over half of our investments are in Virginia, but 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.

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.