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grow your business

Charleston Angel Partners seeks early stage companies in the Southeast that are run by quality teams of individuals who offer innovative solutions to large market problems.

 
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Portfolio Company benefits

 
 

Expertise

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Leverage the expertise of our diverse and experienced membership.  As the largest and oldest angel group in the region our group has tremendous combined experience to help advise and guide your growing business.

Capital

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Charleston Angel Partners has the proven ability to generate significant capital.  Over several rounds we have seen cumulative investments reach over $1mm.

 
 
 

Guidance

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Individual members that feel as though they have something significant to contribute to your business will often take advisory roles in portfolio companies, if the entrepreneur in question so chooses.

Networks

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We work closely with associates in other more established markets to bring favored portfolio companies before large Venture Capital and Private Equity firms.  Members often leverage their personal networks to benefit companies.

 
 
 

attributes we look for in companies

 

Seeded

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Charleston Angel Partners likes to invest in companies that have raised capital from a previous round(s) of funding and are currently seeking an investment of $100k to $2mm in a seed, angel, or series A round.

Operational

We prefer to invest in businesses that have been operating for at least several months and have achieved some measure of success at penetrating their target market(s).

 

Scalable

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We will only consider businesses that have the potential to scale rapidly over a 3-5 year period.  We do not fund small businesses seeking loans or looking to open a single new location.

Geography

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Charleston Angel Partners prefers to invest in local and regional companies.  We are open to considering companies outside of our immediate geographic area though.  We do not invest in companies located outside of the United States.

 

Experience

Companies that maintain an independent board of advisors with industry-specific expertise as well as a management team with relevant knowledge and experience are preferred.

Valuation

We will only entertain reasonable valuations.  Please do not pitch us your $500mm pre-revenue startup.  We generally invest in companies valued in the $500k to $5mm range.

 

Medical

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We frequently invest in medical device startups.  We encourage all small businesses in this industry to submit an application.

Tech

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Tech startups are a favored investment area for Charleston Angel Partners.  If you're a local tech company looking to fill a round, fill out an application!

 
 

Ready to Apply?

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Recommended Diligence Documentation

 

COMPANY AND FINANCIAL

  • Executive Summary of Company (1 page only)

  • Business plan, including sales plan, marketing plan and product development plan

  • Year-to-date and Historic Financials (if available)

  • Profit/Loss and Balance Sheet

  • 3 year pro forma financials (first year by month, yrs 2-3 quarterly)

  • Investor Pitch Deck (PowerPoint, Keynote, PDF)

  • 6, 12, and 18 month corporate milestones

  • Current operation monthly cash spend and current cash on hand

  • Capital Budget (detailed use of investment funds)

  • Financing needs / investor strategy

  • Leasing agreements

  • Loan agreements

  • Outstanding tax liabilities

  • Press releases / articles

  • Competitive business review (competitive landscape)

  • Key contracts and partnership agreements

  • Grant status: SBIRs, STTRs, etc.

  • Exit strategy thoughts

ORGANIZATIONAL

  • LLC Operating Agreement or Certificate or Articles of Incorporation and By-Laws

  • Shareholder Agreement(s)

  • SEC Form D stock issuance filings

  • Capitalization table (breakout of ownership interests)

  • Licensing agreements (if applicable)

  • Patent filings (provisional, utility, design, plant, PCT, etc.)

  • Contact info for patent and corporate attorneys

MANAGEMENT

  • Resumes and/or bios of startup/management team

  • Bios of advisory board members and board of directors

  • Organizational chart

  • Hiring plan

  • Employment Agreements (non-competes, confidentiality, assignment of inventions, severance, etc.)

  • Reference lists for startup/management team (some many be duplicated as requested below)

  • Reference list for the Company (customers, strategic partners, industry veterans, advisors, etc.)
 
 
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