Hot Investor Mandate 8: Seed Stage Angel Fund Seeks Devices in North Carolina

24 Nov

A member-managed seed stage angel capital fund specializes in seed investment in early stage businesses with valuation of up to $2.5M and seeking funding of less than $2M to reach profitability. The firm often co-invests with other angel investors. Typical investments range from $75-150K, but larger allocations are possible in syndication with local angel groups. The firm is seeking opportunities in the Research Triangle Park area and expects to make 2-3 new investments per year.

The firm considers a wide range of market sectors, with an emphasis on technology. In life sciences, the firm is interested in medical devices that do not require regulatory approval. The firm prefers companies from post-proof-of-concept to pre-revenue stage. The firm typically avoids biotechnology, pharmaceuticals, and health software.

The firm is looking for competent and experienced management teams with flexibility and coachability in working with investors. The firm supervises the companies by directly taking a board seat or through co-investors on the board.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com

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