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September 9, 2019

The Pasadena Angels announces the upward revision of our 2018 investment to $5.4 million from our previous report of $5.2 million, the largest annual investment in our 18 years as one of the United States’ most respected angel investing groups. 2018 was a watershed year for the Pasadena Angels with three noteworthy milestones.   

Our most important milestone is the fact that the companies receiving the top four largest investments were led by female founders, with an average round size over $400,000.  Female-led companies also accounted for 38% of the total investment in 2018.  While the Pasadena Angels do not have a mandate to invest in female-led startups, these companies and founders exemplify what we look for in a successful company.  These four...

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