Use of Angel Funds
GA/ATA members look for situations where capital up to $1 million is designed to take the company to the next level, and materially increase its valuation. A company must be able to demonstrate how it will use our members’ investment to complete at least some of the following:
- Next version of product or technology
- Patent filing (if possible)
- Multiple product development improvement steps
- Scaling the sales and marketing process
- Obtaining a major contract or expanding customers
- Solidify management and go-to-market team
- Reduce investment risks by achieving milestones