Band of Angels

Band of Angels, based in Menlo Park, California, stands as one of the oldest and most prominent angel investment groups in the United States. Established in 1994, the firm has built a strong reputation for providing crucial early-stage capital and strategic guidance to promising technology startups. Its membership comprises experienced entrepreneurs and executives from various industries, who leverage their deep operational knowledge to mentor portfolio companies, offering more than just financial backing.

The group's investment strategy is focused on seed and early-stage companies across a diverse range of sectors, including software, hardware, biotech, medical devices, cleantech, and consumer products. Band of Angels actively seeks out ventures with strong management teams, significant market opportunities, and defensible intellectual property. They are known for their thorough due diligence process and a collaborative approach, where individual members often co-invest, pooling their resources and expertise to support the growth of their portfolio companies.

Since its inception, Band of Angels has been a prolific investor, having deployed over $250 million in capital across more than 300 companies. The typical initial investment from Band of Angels ranges from $250,000 to $750,000, though larger syndicates can extend this significantly. Beyond the initial cheque, the group is committed to providing follow-on funding for successful portfolio companies, demonstrating a long-term partnership approach aimed at fostering sustainable growth and maximizing returns for both the entrepreneurs and their angel investors.