“It takes a community of committed people to build and scale a startup. It is a marathon not a sprint.”
– Doron York / Founder & CEO
The most active Angel Capital Group. Period
We have created a group for active, progressive and seasoned business professionals that are interested in funding Michigan Tech based startup companies. Launched in mid 2019 we have built a high growth portfolio of companies. We are a home for innovative investors that want to give back and support our great state while having fun and growing their personal wealth.
We operate with Michigan First mindset. Making a positive and noticeable impact on the local startup ecosystem, making Michigan the place to start and grow a startup.
01. The “Crowd Wisdom” Effect.
Investing as a cohesive and seasoned business professional community, we are working on building a solid knowledge base and experience.
Our purpose and intention is to allow our members to dramatically increase their Investment[IQ] - the network effect. Diverse backgrounds and experiences offer insights and perspective when evaluating investment opportunities - providing confidence when making an investment decision. Guiding our members to make wise and intelligent decisions.
02. High Quality Deal Flow.
The core makeup of a high performance investment portfolio is the quality of the deals.
Through our extensive capital network that our managing partners have built over the years we are able to access a large volume of high quality deals. It is more important where the deals are coming from than how many deals we are. We will showcase our members the “Top” deals the market has to offer.
03. Cutting Edge Technology
We have developed an innovative Venture Management System - [VMS] platform with cutting edge technology that is second to none.
We have developed a cutting edge technology platform that is second to none. We are able to execute our fast track record of Pitch-To-Funding in 60 days (our turnaround average is 48 days), while cutting the transaction cost by 70%. As a group we take advantage of the economy of scale to everyone's benefit.Our Venture Management
04. Full Backroom Support
There is a lot going into screening, vetting and finding an Investment Grade startup. They are few and far in between.
There is a lot going into screening, vetting and finding an Investment Grade startup. Our extraordinary and knowledgeable backroom team with vast experience in Marketing, Business Operation, Finance and Technology is doing all the “Heavy” lifting for our members. From deal flow management, to Due-Diligence to Capital Call managemen to Closing Administration and ongoing Portfolio Management we are doing it all, a true white glove service to our members.View our Backroom Services
05. Making an Impact
Together with our members, sponsors and business partners we are committed to making a positive and long lasting impact on Michigan’s local communities.
Throughout our community involvement initiatives position us as catalysts of creating new high paying jobs, keeping our companies and our talent in our state and deploying more early-stage capital into our entrepreneurial ecosystem.
Owing to the nature of venture investments, to participate in this asset class one must be an accredited investor according to SEC rules. Given the risky nature of Angel investing, not only is this a regulatory requirement, it is highly critical for members to know and be fully informed. Although it is a self accreditation, it is important for us that all current and future investors will be accredited.
As we support our portfolio of investments to be highly profitable, it is appropriate that our members will demonstrate a skill set or experience that can be leveraged. Displaying a solid track record of managing and or building successful businesses, as an entrepreneur or operating executive. The wide spectrum of our members’ unique skills come from diverse industry sectors such as automotive, medicine, law, technology, finance and more.
. Business Mindset
For some of our members, BA is their exposure to angel investing, some were already seasoned early-stage investors. It is important for our new members to demonstrate appreciation for early-stage companies. This could be in the form of a successful entrepreneur, experienced operators, evaluating companies, or mentoring and developing start-ups, which of a constant need a lot of tenderness and care.
. Social Capital
One of the most critical areas in which our members can best support our portfolio companies is through introductions to potential customers, marketing, business operation, hiring and general business advice. Members with an extensive and highly credible business professional network. We are looking for members that have extensive social capital networks and are willing to share for the benefit of growing and expanding the group.
The success of Birmingham Angels lies in the energy and drive of its members. We expect new members to get involved and dedicate time to BA activities. Participate in activities such as attending screening sessions, taking an active role in due diligence and identifying investment opportunities and bringing new potential members to follow their footsteps. There are also a number of Committees and Special Interest Groups where members collaborate and contribute.
. Financial Wealth
For the past three years BA has invested at a rate in excess of $1.5M per year. This pace of investing can be mainiane only if our members are willing to participate write checks. Our members should have the financial capability to invest access capital at least a minimum of $50,000 annually, and to participate in at least one BA investment per year. We are looking for active, approachable and fast moving investors.
Investing in early-stage companies is very different from managing other investments asset classes. It is highly recommended that a new member can demonstrate some of their level of commitment by investing or supporting at least one early stage venture over the course of the next 12 months.
. Risk Ability
Not only one must be Accredited Investors, we are committed that new members understand the inherent risks involved in angel investing. Research by the Angel Capital Association found that 52% of angel funded startups will fail with 0 return within the first three years, meaning that investors probably will lose all of their investment. It is also recognized that even successful investments will be paying the investors within 5-7 years.
Both our membership and our portfolio company founders are well-diversified on the gender, ethnicity, socioeconomic and other relevant fronts. We are looking for members that show deep appreciation, respect, sensitivity to all cultures and we welcome our members from all walks of life.
Seasoned Investor Membership
Seasoned Investor Membership is tailored for experienced and active investors who have a track record of closing large numbers of deals each year and deploying significant amounts of capital on a monthly basis. This membership is ideal for those looking to continue expanding their investment portfolio and staying at the forefront of the emerging tech market cap.
Emerging Investor Memership
Emerging Investor Membership is the perfect fit for new investors who are looking for a way to enter the angel investment game with reasonable capital commitments and low transaction costs. This membership is designed to help new investors gain a foothold in the alternative investment landscape, with support from our fully staffed investors backroom services and experienced.
The Family Office Membership
Family Office Membership is the perfect fit for those midsize family offices who are looking to branch out into early stage investing and dive into direct equity investment in startups within the technology industry. This membership tier offers access to our extensive venture partner network, and an access to an exclusive high quality deal flow that is being supported by our fully staffed investors, backroom services.