Description

• Traction Required: Companies should ideally have a Minimum Viable Product (MVP) and early evidence of market traction (e.g., initial revenue, letters of intent, or pilot programs).
• Method: Founders apply through the Canyon Angels application portal, which is hosted on the Dealum platform.
• Requirements: A complete submission includes a pitch deck, executive summary, financial projections, and a detailed "Use of Funds" breakdown.
• Criteria: They seek "scalable" technology or service businesses with the potential for a 10x return. 

Eligibility

• Geography: Strong preference for companies in Arizona and the Southwest, though they consider deals nationwide.
• Sectors: Industry-agnostic, with strong historical activity in SaaS, MedTech, Consumer Goods, and Fintech.
• Capital Seek: Typically targets companies raising between $500,000 and $2,000,000.

Process

1. Online Screening: Applications are reviewed by a screening committee.
2. Student Due Diligence: Selected companies are assigned to a team of GCU student analysts who perform market research and financial vetting.
3. Member Presentation: The top companies pitch to the full network of 70+ accredited investors during monthly meetings.
4. Investment: Individual members make independent decisions to commit capital, which is typically aggregated for the cap table.

What an Applicant can Obtain

1. Direct Capital: Aggregated investment from a network of seasoned individual angels.
2. Strategic Mentorship: Access to a diverse membership including former CEOs, academic leaders, and industry specialists.
3. Student Analytical Support: Detailed due diligence reports prepared by trained student analysts that can be used for future fundraising.
4. Syndication: Introductions to other Arizona-based angel groups (like Arizona Tech Investors) to fill larger rounds.