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Virtual Angels Network

Our members provide team support of deal sourcing, screening, pitch events and due diligence so that each individual member can decide about each investment.

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Description

Virtual Angels Network is a national, completely virtual angel investor group based in Seattle, Washington, that connects early-stage businesses across North America with a network of accredited investors. Founded in 2021 by Dan Delmar, the network leverages the collective expertise of members who are often alumni of top business schools to source, screen, and vet high-growth startups. 
  • Early Stage: The network specifically accepts applications from early-stage, high-growth businesses.
  • Proof of Concept: It typically targets companies that have moved beyond the initial idea phase and are seeking capital to scale. 
  • Method: Founders can apply directly through the Virtual Angels Network website.
  • Target: The network accepts applications from businesses throughout North America.
  • Process: After submission, businesses go through a structured process of deal sourcing and screening conducted by the network's members. 
  • The network holds virtual pitch events throughout the year. For 2026, events are typically held monthly or quarterly, with a notable event previously occurring in March. 
    • Ongoing Intake: Applications are accepted on a rolling basis year-round via their website. 

Eligibility

  • Geography: Open to businesses based anywhere in North America.
  • Sector: While generally industry-agnostic, recent investments include sectors such as Diagnostic Equipment (e.g., RealSeq Biosciences).
  • Investors: All participating investors must be accredited, meeting regulatory standards for income or net worth. 

Process

The network operates through a team-based virtual model: 

  1. Sourcing & Screening: Members collaborate to identify and vet promising startups.
  2. Pitch Events: Selected companies are invited to present their ideas at virtual pitch events.
  3. Due Diligence: Interested members form a team to conduct detailed due diligence on potential investments.
  4. Individual Investment: Each individual member makes their own decision whether to invest in a specific deal; the network does not deploy capital as a single entity. 

What an Applicant can Obtain

  • Capital: Access to a national pool of sophisticated angel investors.
  • Mentorship: Strategic advice and team support from a network founded by experienced MBA holders and seasoned investors.
  • Validation: Undergoing the network's collaborative filter and due diligence process provides significant validation for early-stage founders.