iAngels for Entrepreneurs
We believe in our founders,
strive to support them, and
bring value to their company
We believe in our founders, strive to support them, and bring value to their company
What We Look For
A founder’s first consideration when seeking venture capital should be what type of investors not only benefit the growth of their company but are these individuals who can help me capitalize on my potential as a leader.
As entrepreneurs ourselves, we understand the unique challenges you face. This translates directly into our ability to assist our portfolio companies in foreseeing future obstacles and developing the means needed to meet these head on. We’re fluent in the language, and have the tools on hand, required to help a startup scale to become a global company and maximize its potential. Our ultimate goal is your success, and as approachable experienced investors, we’re here for you.
With an investor network that spans six continents, 50 countries, and over 20,000 individuals from various business and financial backgrounds, iAngels is well practiced in facilitating the business connections you need to build a global company. Time and time again we see interested LPs looking to assist startups enter new markets, secure joint ventures, and offer consulting advice. This network is available for all of our entrepreneurs.
One of the most critically important, but time consuming and often frustrating, parts of starting a company. We pride ourselves on being able to act efficiently and quickly, thereby allowing you to streamline your fundraising process. If iAngels becomes an investor, you will only see one entity on the cap table though there will be numerous investors in your company, where many of them-commercially successful in their own right – will wish to help your startup grow.
The experience of our Partners lends itself to a high-level of professional behavior and success in working with portfolio companies; it is why so many of our portfolio companies are founded by entrepreneurs we’ve worked with in the past, and why so many of them are investing in our first institutional fund. We take relationships with our entrepreneurs seriously and invest in these relationships to maximize the success of the companies and partnership.
We invest first and foremost in great teams. A substantial part of our focus is to evaluate the leadership capabilities of the team as well as how they complement each other. Below are some of the success factors we look to evaluate in our entrepreneurs:
> How does this entrepreneur clarify direction, strategy, value proposition, investment outcomes accountabilities, KPIs, and focus?
> How does this entrepreneur generate passion, engagement, enthusiasm, urgency, confidence, likability, and fun?
> How does this entrepreneur earn trust, credibility, build partnerships, and have it what it takes to go “all-in” for enterprise success?
> How does this entrepreneur receive feedback, tap diverse perspectives, show respect, open lines of communication, persuade, and challenge so others hear it and get it?
> How does this entrepreneur build tools, systems, know where and how to utilize relevant talent to execute efficiently, safely, and accurately?
Innovation and Technology
We look for technologically-driven companies with concrete advantages over competitors. IP is of prodigious importance to us, and we consult with sector-specific experts to validate the technology and know how of the companies we evaluate.
We tend to invest relatively early in the innovation curve-in companies which, if led and executed properly, can develop into a monopoly in their industry.
We look to invest in opportunities that reflect an adequate risk reward relative to the stage and traction of our portfolio companies. At the same time we insist on the deals to be simple and standard to lay the foundation for a strong and healthy corporate governance and ownership structure going forward.
How it works?
Apply If you’re based in Israel, or an Israeli entrepreneur, complete our startup application to tell us about your company and what sets you apart. Within one week of submitting your application, a member of the iAngels’ investment team will follow up.
Due Diligence Process Once we target a company that we are interested in, we first meet with the entrepreneurs and decide whether to begin our first phase of diligence. As the success of a startup can be directly attributable to how a management team deals with setbacks and commercialization issues, we work with an outside business psychologist to assess the mental and emotional fortitude of the entrepreneurs before we decide to work with them. We turn the qualitative into the quantitative by inviting entrepreneurs to take this leadership assessment.
After numerous meetings with the entrepreneurs, our investments team puts the company and its technology through a rigorous first-phase, due diligence process which includes everything from analyzing the startups’ TAM to its technology’s applicability to a comparative analysis. We leave no stone unturned.
If the company makes it through this first phase, it is brought to our Investment Committee which then decides whether to continue to the next phase which includes but is not limited to deeper dives on the tech and its market potential, channel checks and customer calls, reference checks on the entrepreneurs, and comps analysis. If, after the second phase, the investment team still wants to pursue, it is then brought back to the IC again where every General Partner must vote in favor before the trigger is pulled.
Funding If the Investment Committee unanimously approves, initial ticket size ranges from $1-$2m dollars. Our institutional fund has priority, and the remaining amount is then offered on the iAngels Platform to our investor base. Because we have underwriting capability, we can ensure a timely transfer if funds. Lastly, many of our entrepreneurs have friends and family who wish to invest smaller amounts in their company, we can facilitate this seamlessly.
Growth At iAngels we form long-term partnerships with our companies and support them as they grow. As such, an investment from iAngels is not a “one-and-done” relationship. We keep an open dialogue with our startups, assist them with networking, marketing, fundraising and any other business needs that may come up along the way. We’re entrepreneurs who love to work with entrepreneurs and we understand the value that connections and experience can bring to a startup looking to grow.