Description

• Target Stage: Primarily focuses on Seed and early-stage financing.
• Syndication: LAN often participates in syndication rounds alongside other angel groups across Texas and the U.S.. 
• Online Portal: Founders must submit applications through the official Lubbock Angel Network website for pre-screening.
• Requirements: A Pitch Deck and an executive summary are typically required for evaluation.
• Cost: LAN does not charge startups fees to apply or pitch.
• Rolling Intake: Applications are accepted year-round; pitch invitations are made on a case-by-case basis based on funding round timing.
• 2026 Meeting Schedule: LAN holds meetings roughly eight times a year. Founders are encouraged to apply at least several weeks before their target funding cycle closes.

Eligibility

• Lead Investor Requirement: LAN requires a lead investor or an existing investment from one of its syndication partners to be considered for a membership pitch.
• Sector Focus: Industry-agnostic, though they have strong expertise in SaaS, Fintech, Medical Devices, and Drug Therapies.
• Geography: Primarily targets West Texas but actively vets and invests in startups from across the United States. 

Process

1. Application & Pre-Screening: Founders apply via the online portal for an initial review by LAN staff.
2. LAN Staff Review: Shortlisted companies communicate with staff to refine their materials and assess readiness.
3. In-Person Pitch: Selected finalists are invited to pitch to the membership. LAN meets approximately eight times annually.
4. Due Diligence: If interest is high, members form a team to conduct a deep-dive review of financials, IP, and market viability.
5. Investment Decision: Individual members make independent decisions to commit capital. 

What an Applicant can Obtain

• Capital: Access to seed-stage funding to validate and grow the business.
• Mentorship: Strategic guidance and "long-term view" partnership from a network of sophisticated professionals.
• Ecosystem Access: Direct connections to the Texas Tech University Innovation Hub and Lubbock economic development resources.