Description
The Pasadena Angels is committed to helping forward-thinking innovators, creators and entrepreneurs with the mentorship and funding to fuel success.
Small businesses are major engines of economic growth and the cornerstone of emergent technologies, requiring capital and guidance during the critical early phases of the venture.
We offer early-stage companies an opportunity to harness the insights and experience of more than a 100 successful entrepreneurs, senior executives, technologists and skilled professionals from a diverse set of industries. PA is also an affiliate of the Tech Coast Angels (TCA) network which affords entrepreneurs the ability and efficiency to potentially pitch to a group of more than 500 members throughout the robust Southern California start-up ecosystem using the same application as well as syndication opportunities throughout the country.
Eligibility
Review our Funding Process
Are you considering applying to The Pasadena Angeles for mentorship and funding?
It’s our hope that the following questions will help you clarify your objectives, as well as help us better understand your capital needs.
Please complete this Self Assessment exercise by asking yourself these questions?
- Is my business based in the United States?
- Am I ready to collaborate with So Cal’s top business leaders?
- Am I open to an exit strategy that provides strong returns?
- Has my company progressed beyond proof of concept?
- Do I have a proven track record of entrepreneurial success?
- Do I have sound financials and solid prospects for rapid growth?
- Does management inspire our team with exemplary leadership?
- Does my company have proprietary assets and/or ideas that give us the competitive edge?
If you answered “yes” to the questions above, we’d like to hear from you.
Let the Pasadena Angels help you create your unique model for success.
Process
1. Application Review:
We look at each application to ensure it meets our criteria as outlined in Who We Fund.
2. Prescreening Call (Third Week):
The qualified applications are set up with a conference call with 3-4 members. The qualified companies will provide a 7-8 minute pitch followed by 7-8 minute Q&A session. The top 4-5 companies are chosen to move on to the screening meeting.
3. Screening Meeting
(Last Wednesday of the month):
The companies present on a zoom call or live at our Altadena, California office for 15 minutes with a 5 minute Q&A session to 20-25 members. The top two companies are selected to present to all of our members.
4. All Member Meeting
(First Wednesday of the Month):
The Companies will present to the entire membership of sophisticated investors with a 15 minute presentation and a 5 minute large group Q&A session. The members will break into smaller groups with the company they are interested in and have a 45 minute discussion. At the conclusion, the members will be polled to see if there is enough interest to continue on to a due diligence meeting – which would be the following week.
5. Due Diligence Meeting
(Second Week of the Month): A two hour meeting where specific issues are discussed and required steps to funding are agreed.
