Membership
Benefits of
Membership
1
INVEST ALONGSIDE EXPERIENCE
Investing alongside experienced angel investors enables the pooling of capital and aggregation of expertise from multiple industries and operational skills, resulting in more effective due diligence, terms negotiation and board stewardship. Our members are very active conducting extensive due diligence on two to three companies every month. AoA is experienced in setting up SPV's.
2
QUALITY DEAL FLOW
Members attend monthly meetings where 3 to 5 companies deliver investor pitches. These companies are selected from the 30+ companies that are actively sourced by AoA each month and screened via a process that has been honed over the last 15+ years.
3
INNOVATION FUND
Alliance of Angels Innovation Fund makes $150k investments in around a dozen companies over the course of a year. The Fund moves quickly, typically making decisions within 6 weeks of the AoA screening meeting. When a company is successful with the Fund they often receive additional capital from individual AoA members.
This member-led fund capitalizes on the experience and expertise of our extensive member network and over 50 fund participants. The annual fund is sector agnostic and invests in a diverse set of early-stage companies. In order to participate in the fund you must be an AoA member.
4
SUPERIOR RETURNS
AoA’s internal rate of return (IRR) is about 20%. We calculate our IRR over the prior 10 year period based on total cash invested by our members thru AoA, cash realized from exits, and the current value of non-liquid holdings. Non-liquid holdings are initially valued at cost and written down over time on a linear scale. We do not mark-to-market. Data on investments and returns is obtained from our members, our portfolio companies, as well as from public records.
AoA has celebrated 40+ exits generating more than a billion dollars of returns.
5
TRAINING AND RESOURCES
Members have access to regular investor education and networking gatherings around the Seattle/Eastside area, which cover topics such as due diligence, term sheets, board governance and exits.
Membership
Requirements
We are always searching for the most active angel investors to join our group. During the new member selection process, we look for diverse industry and professional credentials to support our sector agnostic investing strategy. We also look for those willing to commit more than just checks, those willing to participate deeply in the diligence process, company mentoring, outreach, and our robust educational programs.
Accredited Investor Note:
Investments resulting from introductions by AoA may involve a high degree of risk. AoA has not evaluated or endorsed the merits of any investment opportunities presented through its services and makes no recommendations regarding the appropriateness of particular investment opportunities for particular investors. Each potential investor may rely on his, her or its own judgment regarding the merits of a particular investment opportunity. Participating in AoA is limited to investors who qualify as “accredited investors” under Regulation D of the general rules and regulations under the Securities Act of 1933 of the Securities and Exchange Commission AND who have such knowledge and experience in financial business matters that they are capable of evaluating the merits and risks of prospective investments.
K&L Gates Fellowship
The Fellowship accepts undergraduate and graduate students from the Seattle area. A degree in business or entrepreneurship, or a strong knowledge or interest in these fields, is highly desired. Students must be in the Greater Seattle area to attend our events and member meetings.
Two fellowship positions have been made possible by the generous sponsorship of our premier sponsor, K&L Gates. The AoA Fellowship is a part-time role that spans the academic year (September-June). Fellows report to the AoA Managing Director and collaborate closely with startup founders and our angel investors. This unique opportunity combines evaluation, coaching, relationship management, and thorough analysis and research in the fast-paced, ever-evolving world of technology and innovation. Alongside leadership from the Managing Director, Fellows can leverage resources from our extensive and experienced investor base.
Applications open in the spring, and interviews are conducted over the spring and summer.
Frequently
Asked
Questions