A  Bluegrass Angels

http://www.bluegrassangels.com





     Office Locations:

P.O. Box 114
Lexington, KY 40588
Phone: 859-904-9039

 

Stages:

  • Early
  • Seed


 

Industries:

  • Defense & Homeland Security
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Software & Internet

  •  

    Description:

    The Bluegrass Angels (BGA) seeks to encourage the development of start-up companies and to support new businesses in the region by providing the region's entrepreneurs with seed capital and management guidance from experienced industry and entrepreneurial veterans. BGA is a formal group of 40+ former and current executives. An important, although not exclusive, focus of the BGA, is to develop start-up companies through the commercialization of the on-going research of the University of Kentucky. Individual company investments will normally be in the range of $100,000 to $500,000. BGA members only invest in Kentucky-based companies with annual revenue potential of at least $10 million. In 2004, Bluegrass Angel Fund was created to co-invest in deals that are subscribed by members of the Bluegrass Angels. The fund is a $2 million fund comprised exclusively of investments from BGA members who have bought shares, University of Kentucky, and Commonwealth of Kentucky. The Fund focuses on seed/early stage deals but is generally category agnostic. The goal of the fund is to maintain a diverse balance among biotechnology, software, pharmaceutical, defense and industrial.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:



     

    Portfolio companies include:


      AllTranz
        web link


      Allylix
        web link


      Global Shelter Systems
        web link


      Mersive Technologies
        web link


      NeurOp
        web link


      RentalHouses.com
        web link


      Resonant Vibes
        web link


      Rhinocyte
        web link


      SimPak International
        web link


     

    Recent News:


      There is no recent news for Bluegrass Angels.