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APPLY FOR FUNDING

THE SCREENING PROCESS

Our Monthly Process:

1. Application Review:
We look at each application to ensure it meets our criteria as outlined in Who We Fund.

2. Prescreening Call (Third Week):
The qualified applications are set up with a 15 minute conference call with a small group of our members. During the call we ask you questions about your business and pick the top eight companies to move on the prescreening video conference stage.

 

 

3. Prescreening Video Conference
(Second to Last Wednesday of the month):
The selected companies provide a 4 minute pitch followed by a short Q&A session to group of 15-20 of our members. The top 4 companies are chosen to move on to the  screening meeting. 

  1. 4. Screening Meeting
    (Last Wednesday of the month):
    The companies present live at our Altadena, California office for 15 minutes with a 5 minute Q&A session to 20-25 members. The top two companies are selected to present to all of our members.



  2. 5. All Member Meeting
    (First Wednesday of the Month):
    The Companies will present to the entire membership of sophisticated investors with a 15 minute presentation and a 5 minute large group Q&A session. The members will break into smaller groups with the company they are interested in and have a 45 minute discussion. At the conclusion, the members will be polled to see if there is enough interest to continue on to a due diligence meeting – which would be the following week.

  1. 6. Due Diligence Meeting
    (Second Week of the Month):

  2. A two hour meeting where specific issues are discussed and required steps to funding are agreed.

POST INVESTMENT PARTICIPATION

The members of the Pasadena Angels have strong ties to local business and professional communities. Their experience, relationships and guidance can significantly contribute to an emerging company’s success. Typically, members of the Pasadena Angels serve on advisory bodies or boards of directors of companies that are funded after proceeding through our review process. This member participation facilitates the strategic and financial planning and efficient plan execution required in the initial growth phases of new business ventures.

The Pasadena Angels also provides added value through:

  • Relationships with venture capital firms and other angel groups that can lead to co-investment and/or later-stage investments in an enterprise

  • Interim executive management and consulting when requested

  • Advice or assistance with sales and marketing, recruiting and building strategic relationships

  • Access to cost-effective business facilities and support services

 

PA is also an affiliate of the Tech Coast Angels (TCA) network which affords entrepreneurs the ability and efficiency to potentially pitch to a group of more than 500 members throughout the robust Southern California start-up ecosystem using the same application as well as syndication opportunities throughout the country.

IT'S MORE THAN AN APPLICATION. IT'S AN INTRODUCTION.

The search for funding requires both perseverance and a significant time commitment. With this in mind, we’ve made our online application and review process as efficient as possible. During every step of our screening process, you will get important feedback and guidance from our members. Whether or not we choose to fund your company, you’ll find our screening process to be an invaluable experience.

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