Description
Hawaiʻi Angels is the state's first and only angel investor network, dedicated to connecting early-stage startups with capital, coaching, and a professional community. Founded in 2002 by Dr. Robert Robinson and Chenoa Farnsworth, the network has invested over $70 million into scalable companies across tech, consumer, and innovation-driven sectors. The network primarily targets early-stage startups, specifically those in the Pre-seed, Seed, and Series A stages. They look for companies that have proprietary technology, strong teams, and large potential markets.
Founders can submit their startups directly through the
Hawaiʻi Angels website. The network reviews over
500 pitch decks annually.
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Thematic Focus: While sector-agnostic, their "sweet spot" is post-revenue SaaS and app products, which account for over half of their pitches.
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Other Sectors: They also invest in tech hardware, consumer packaged goods (food and beverage), and scalable retail and service businesses.
Eligibility
Startups are generally required to have a minimum of $25,000 in committed annual revenue, though exceptions may be made for science or development-focused companies with high R&D needs. Companies must demonstrate national or international scalability with the potential to reach $10 million+ in annual revenue within five years. Top startups from local accelerator programs are often invited to apply.
What an Applicant can Obtain
Applicants can receive strategic investment from experienced Hawaiʻi investors, ongoing mentorship from experts, and access to a network of angel groups and venture capital firm.