Description
Park City Angels is a member-driven angel investment network headquartered in Park City, Utah, USA, composed of 80+ accredited investors who provide early-stage capital, mentorship, and strategic guidance to high-growth startups. The group has been active since 2007, investing over $80M+ into early-stage companies and is widely regarded as one of Utah’s most active angel networks.
Pre-Seed / Seed: Core emphasis on seed and early-stage financings; members make individual angel investments and collectively syndicate larger rounds.
Series A: Generally does not lead Series A rounds; individual members may follow on with co-investors as companies scale.
Submission Method: Entrepreneurs create a profile on Dealum (Gust) and share it with Park City Angels.
Screening Pathway: Applicants go through a self-assessment, online application, screening meeting before a small group of investors, then may present to the full membership.
Presentation Cadence: Approximately two companies per month are selected to present to members for funding consideration.
Eligibility
Sector Focus: Broad industry interests including technology, healthcare, consumer products, biotechnology, industrial/energy, IT services, medical devices, and more — they prefer companies with innovative, first-of-kind solutions and strong competitive differentiation.
Market Opportunity: Must address a large target market (>$100M) with a strategy to secure a significant share (e.g., 20%+).
Team: Preference for high-quality founding teams with leadership experience, deep commitment, coachability, and credibility with future stakeholders.
Technology & Traction: Favors companies with proven or verifiable core technology and measurable milestones (revenue, LOIs, active customers). They avoid projects without clear commercialization pathways.
Use of Proceeds: Capital should be used to accelerate value-creating milestones (R&D, product development, sales/marketing build-out).
Geography: While based in Utah, Park City Angels accepts deals nationwide and does not strictly limit investments to Utah companies.
Process
Initial Intake & Screening: Business plan and Dealum profile reviewed for fit with investment criteria.
Screening Meeting: Shortlisted startups present to a screening panel (5–8 investors) with a ~10-minute pitch + Q&A.
Membership Presentation: Selected companies present to all members at monthly meetings with follow-on Q&A.
Due Diligence: Interested members perform diligence on team, traction, market size, and strategy before investment.
Deal Structuring & Close: Investments negotiated deal-by-deal, typically with equity or convertible instruments; syndication among members is common.
What an Applicant can Obtain
Strategic Capital: Member angels typically invest $10K–$100K individually, and as a group can commit $150K–$1.5M+ in a round.
Mentorship & Network: Access to talented local and regional investors offering mentoring, operational insights, and introductions.
Investor Platform: Structured pitch process with exposure to ~30–80+ accredited investor members at meetings.
Long-Term Support: Park City Angels investors are typically patient (average holding ~8 years) and seek 10x returns on investments.