A  Charlottesville Angel Network

https://cvilleangelnetwork.net/





     Office Locations:

VA

 

Stages:

  • Early
  • Growth
  • Seed


 

Industries:

  • Consumer Products & Services
  • Education & Training
  • Electronics & Advanced Materials
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    CAN is a growing group of nearly 70 accredited investors. Its investors -- male and female executives, entrepreneurs, scientists and engineers -- make their own independent investment decisions on a deal-by-deal basis. They are eager to apply their skills and put their connections and capital to work to help entrepreneurs succeed. Since formation in early 2015, CAN has invested more than $6.6 million in 35 startups, half of which are headquartered in Charlottesville, Virginia, a quarter in D.C. and other regions of Virginia, and the remainder throughout the U.S. and beyond. CAN invests in seed, angel, and friends & family rounds in promising startups raising less than $5MM. They typically invest $100K-$300K in a round and frequently partner with co-investors on Series A and B rounds. The screening committee, comprised of members, meets monthly to review applications and selects 3 companies to present to CAN members each month.



    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:



     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      11/21/2023


      Rho Impact


      VA


      $1,125,000


      Pre-Seed


     

    Portfolio companies include:


      ARtGlass


      Dive Technologies
        web link


      Rho Impact
        web link


     

    Recent News: