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Investment Criteria |
Tech Coast Angels members invest in Southern California companies with the potential to rapidly scale into market and financial leadership. This usually implies potential for high growth, a strong market position, and a sustainable advantage. Specifically, members look for:
- A market opportunity sufficiently large to create a business with at least $50 to $100 million in annual revenues.
- A compelling, well articulated strategy for capturing and defending a significant market share.
- Proprietary technology or other strong barriers to entry.
- Strong management (not necessarily a complete team) with relevant and successful experience.
- An exit strategy for the investors.
- A desire for advice and coaching.
- Lastly, the company valuation must fit within our risk/reward expectations for the investment.
Normally, members do not consider investments in companies based outside of Southern California.
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Use of Funds |
TCA members look for situations where the capital sought (approximately $1-2 million, or less) will take the company to the next level, and materially increase its valuation. A company must be able to demonstrate how it will use members' investment to complete at least some of the following:
- Proof of concept
- Prototype of its product or technology
- Patent filing (for broad patent)
- Product development
- Market research
- Product launch
- Major contract or customers
- Management team
- Reduce other investment risks
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Screening Process |
TCA has developed a fairly comprehensive screening process to help members make investment decisions. Please click here for further information on our screening process.
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| Submitting a Proposal |
Neither TCA nor its members pay finders, or similar, fees to any person or entity in any way connected with investments made by its members; only members may process investment opportunities. We also do not charge companies for making presentations to member of the group.
To be considered for our review by our members, please click here and complete the Funding Application Form and upload an investor PowerPoint presentation. TCA members accept only electronic submissions.
Do not include confidential information. Neither Tech Coast Angels nor its members sign Non-Disclosure Agreements for initial proposals. If there is sufficient interest, an NDA may be negotiated with individual members at a later time. | |
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