Center for Venture Research: The Angel Investor Market in 2015: A Buyer’s Market

According to a report just published by the Center of Venture Research summarizing the 2015 Angel Investor Market, the market in 2015 had a slight increase in investment dollars and in the deal size. Total investments in 2015 were $24.6 billion, an increase of 1.9% over 2014, according to the Center for Venture Research at the University of New Hampshire. A total of 71,110 entrepreneurial ventures received angel funding in 2015, a decline of 3.1% over 2014 investments. The number of active investors in 2015 was 304,930 individuals, a decrease of 3.7% from 2014. The change in both total dollars and the number of investments resulted in a deal size for 2015 that was larger than in 2014 (an increase in deal size of 5.1% from 2014). These data, combined with the yield rates and valuations, indicate that angels were selective in their investment behavior in 2015. The decrease in valuations over the last three years indicates a continuing market correction in valuations. However, the $24.6 billion of investments is a robust amount and is close to the market high of $26.0 billion that occurred in 2007. The full report including the % of women angels as well as women led deals can be found at 2015 Angel Investing...

Press Release    July 27, 2015    Sofia Angel II Fund Surpasses Investor Goals Raising $5.5 M Today marks a significant achievement in bringing new monies into early stage companies.  The Sofia Fund, which invests in women-led, growth companies and is led by a group of experienced investors, has tapped into an investor community passionate about Sofia’s mission.  Investors have responded positively, and voted with their dollars to be a part of the fund.  The Sofia Fund II is now closed to investors, oversubscribed, with a total of $5.5M.  “Angel investing is usually a long-term commitment with an opportunity to positively impact an early-stage company’s growth.  We are pleased to see the Sofia Fund launched in support of Minnesota and the region’s innovative women entrepreneurs and the growth and jobs they bring to our economy.  Having an experienced fund management team that is serving a segment we are passionate about and stimulating innovation, led us to invest in the Sofia Fund”, said Ed and Val Spencer, long time early stage investors in their community. The fund’s management team includes Cathy Connett, Lisa Crump, Joy Lindsay, Barb Stinnett, and Dee Thibodeau.  All have been angel investors for decades, and are completely committed in unique and individual ways in the early stage company market space: as board members, mentors, connectors, leaders, and investors throughout the US. Brigid Bonner, VP of Customer Experience and Marketing at CaringBridge commented, “Great ideas come from everywhere and the world has not fully benefited from innovation stemming from women-based businesses.  The Sofia Fund is a leader in changing that.  I believe this is a unique investment opportunity...

Sofia Fund to Invest in Women Led Ventures

The Sofia Fund has raised $3.925M from men, women, and couples to invest in women led growth businesses primarily located in MN and the Midwest.   in this interview, Cathy Connett and Barb Stinnett share the motivation that has driven the creation of this fund by Dee Thibodeau, Joy Lindsay, Lisa Crump, Barb and Cathy .  The fund is an angel investors fund targeting scalable technology businesses.   More information can be found at www.sofiafund.com  ...

Sofia Angel Fund II Raises $3.925 Million

Sofia Angel Fund II, LLC announces the successful first closing of its angel investment fund targeting women-led growth companies with $3.925 million of capital investment commitments. The Sofia Fund focuses on investing equity in early stage, growth companies that are women-led and which operate principally in information technology, clean technology, health and wellness, and business products and services. The angel investment fund expects to concentrate its investing in companies located in the midwest, and plans to bring resources, experience and expertise to help the businesses in which it invests achieve success. The Fund is co-founded and managed by five experienced and successful women business leaders and investors, each of whom have been an active angel investor for multiple decades. Cathy Connett is the CEO of the Sofia Fund and the other members of the management team are Lisa Crump, Joy Lindsay, Barb Stinnett, and Dee Thibodeau. Investors in the Sofia Fund include a number of individuals who are committed to increasing funds available to early stage companies, particularly in women-led companies that have historically been underserved by private investors. Cathy Connett, CEO said: “Angel investing is an important component in the economic development of communities since angels often take the risks associated with early stage funding of companies that provide innovative new businesses and jobs for a community. The Sofia Angel Fund was created because the management team believes, based on its extensive investment experience in growth companies, that there are many exciting women-led growth companies that might otherwise have difficulty finding funding and will therefore benefit from a focused angel fund. According to a recent study from Babson College,...