Common Wealth Angels

The CommonWealth Angels are a group of Angel Investors around Region 2 of Virginia. Unique features of the group include: 

 

Management Team and Founders

  • Full-time commitment
  • Domain/Industry experience
  • Record of high achievement
  • Coachable

Investment Stage: Seed, A Round, B Round

Typical Investment Securities:

  • Preferred Stock
  • Convertible debt

Typical Investment Range: $50,000 to $250,000

Return Expectation: Potential for >5x multiple on investment

Investment Time Horizon: 3-7 years depending on the stage of the investment

Previous Investment:   <$2,000,000 dilutive investment

Proprietary Advantage:

  • Unique technology
  • Defensible IP position
  • High barriers to entry and proprietary know-how and solid business model

Scalability:

  • Large market opportunity with buying power
  • Potential for leading market share position
  • >$25 million in revenues within 5 years of investment

Preferred Industries:

  • Software
  • Healthcare
  • Agtech
  • Edtech
  • Cleantech

Geographic Focus

  • Western Virginia primary
  • Rest of Virginia secondary

Decision Making: Application starts the process. Members make individual decisions following presentations and diligence. 

Other: Require board formation and observation rights