Description
The Midlothian Angel Network (MAN) is an early-stage angel investment group based in Midlothian, Virginia, focused on supporting high-growth startups in Central Virginia and the broader Mid-Atlantic region. The network brings together experienced entrepreneurs, executives, and investors to provide capital, mentorship, and strategic guidance to emerging companies, with a strong emphasis on community-driven economic development.
Pre-Seed / Seed: Primary focus on very early-stage and seed-stage startups.
Series A: Occasional participation through follow-on investments or co-investment with other angel groups and regional funds.
Individual checks typically range from $25K–$100K per angel.
Total round participation often reaches $250K–$1M+ through syndication among members and partner networks.
Invests in companies with clear problem–solution fit, early customer validation, and scalable business models.
Companies typically apply through the Midlothian Angel Network website or via referrals from members and local ecosystem partners.
Key local ecosystem touchpoints include Central Virginia startup pitch nights, regional demo days, and partnerships with Richmond-area incubators and accelerators.
Eligibility
Geography: Central Virginia-based companies are prioritized, with flexibility for startups that maintain a strong regional presence.
Profile: Early-stage startups (Pre-Seed, Seed, early Series A) seeking their first or second institutional capital.
Team: Preference for committed founding teams with execution capability and openness to mentorship.
Process
Initial Intake & Screening: Startup applications reviewed for alignment with MAN’s sector interests, geography, and stage.
Screening Committee Review: Selected companies are invited to present to a screening group for deeper evaluation.
Member Pitch: Approved startups pitch at a full Midlothian Angel Network meeting.
Due Diligence: Interested members conduct market, product, financial, and team diligence collaboratively.
Deal Structuring & Close: Investments are structured on a deal-by-deal basis, often via member syndication or SPVs.
What an Applicant can Obtain
Strategic Capital: Angel equity capital from experienced regional investors.
Network & Mentorship: Access to seasoned operators, founders, and business leaders across the Central Virginia ecosystem.
Follow-on Support: Assistance with follow-on fundraising through regional angel groups, seed funds, and venture partners as companies scale.
