We Provide Value-Added Capital

NO/LA Angel Network members will invest in the seed or Series A financing rounds of companies that are in dynamic growth markets, have strong value propositions, a sound business plan, and a strong management team with deep market knowledge. We only seek companies that have the potential to scale regionally, nationally or internationally and that have a clear path to exit. We avoid lifestyle businesses and capital intense businesses.

Our members are industry agnostic, but prefer to invest in companies that complement the regional economy –

Our members are industry agnostic, but prefer to invest in companies that complement the regional economy –

7 Easy Steps

Our network has a fast and efficient seven stage deal process designed to help our members make sound investment decisions as well as provide valuable feedback to founders and entrepreneurs, whether or not our members invest in the company.

1

Submit Application

2

Prescreening

3

Screening

4

Member Presentation

5

Due Diligence

6

Capital Commitments

7

Post Deal Stewardship

File Application

Submit Application

1/7

Submit Application

If you feel your company could be a good fit, we invite you to visit our ProSeeder page (link below) to submit your company for consideration. You will need to complete a brief application that details your management team, customer problem, solution, market, etc. along with uploading an Executive Summary, Investor Pitch Deck, and a Video (if you have one).

Prescreening

2/7

Prescreening

Applications will be rated by our Prescreening Committee. If the components of the business show potential, the company will be invited to a Network Screening Committee meeting.

Screening

3/7

Screening

Each month a number of companies are invited to presentto our Network Screening Committee. Companies make a 10-minue presentation followed by 10-15 minutes of Q&A. Committee members rank companies based on seven categories: Management, Market, Product, Traction, Business Model, Advisors, and Value to the Local Eco System. The companies scoring the highest will be placed into a pool from which companies will be invited to present to the full NO/LA Angel Network member base at our monthly member meeting.

Member Presentation

4/7

Member Presentation

Each month select companies are invited to present the entire NO/LA Angel Network Member base. The selected companies will deliver a 10 minute presentation and then answer questions from the audience. If there is enough member interest, the Network will initiate a 30-day Due Diligence process.

Due Diligence

5/7

Due Diligence

The Network has four standing due diligence teams which will conduct a deep dive analysis of four critical components of the company’s business model: Management, Market (Trends, Pain, Customers, Competition, Go to Market Strategy, Pricing, Scalability), Product/Technology (IP/Rights/Regulatory Approvals), and Financials. The company should expect to provide materials and time to this process, which lasts 30 days.

Capital Commitments

6/7

Capital Commitments

If there is sufficient member interest after Due Diligence, those members having interest in investing in the company will secure a lawyer to either craft and deliver a term sheet to the company or to review the company’s term sheet if a term sheet exists. Once the term sheet has been successfully negotiated, closing documents will be crafted and agreed upon, capital will be secured and the closing will occur. Closing is the event when all points of agreement will have occurred and capital is actually transferred into the company’s account.

Post Deal Stewardship

7/7

Post Deal Stewardship

Founders and investors will work together to make the company a success.

File Application