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Tech Coast Angels

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Tech Coast Angels
Company typeMutual-benefit nonprofit corporation
IndustryPrivate Equity
Founded1997
Headquarters Southern California
ProductsAngel Investing Group
Websitewww.techcoastangels.com

Tech Coast Angels is an angel investor network in the United States and one of the leading sources of funding to early-stage companies in Southern California.[1][2] Since its inception in 1997, TCA members have focused on building valuable companies, personally invested nearly $119 million, and helped portfolio companies attract more than $1.4 billion in additional capital, mostly from venture capital firms.[3] TCA members give companies more than just capital; they also provide counsel, [4] [5] [6] [7] mentoring and access to an extensive network of potential investors, [8][9] [10] customers, strategic partners and management talent. TCA has more than 250 members, including its venture capital affiliates, in five networks in Los Angeles, Orange County, San Diego, Westlake/Santa Barbara and the Inland Empire.

Noteworthy investment exits for the TCA include "Sandpiper Networks" and "Green Dot Corporation", both returning 100X or more of TCA invested capital[11] .[12]

In December 2011, Tech Coast Angels announced that Steve Flaim has moved into the position of Chairman of its Board of Directors. Flaim has been a member of the TCA since 2004 and was previously President of the San Diego chapter of the Tech Coast Angels. [13]

Investment Portfolio

The Tech Coast Angels investment portfolio page lists investments in general categories such as Advanced Technologies, Clean Tech, Consumer, Digital Media, Financial, Industrial, IT, Life Science and Software.[14] TCA portfolio companies can also be found in Wikipedia, some examples:

  • HitFix - an entertainment news website
  • SodaHead.com - an online community featuring content creation and redistribution
  • Vokle - embeddable Internet microsite application for live video broadcast
  • WiSpry - RF MEMS (Radio Frequency Micro-Electro-Mechanical Systems) solutions

References

  1. ^ "Angel Capital Association Directory". Angel Capital Association.
  2. ^ socalTECH (October 18, 2011). "Venture Capital Totals $603.2M In Southern California In Q3". {{cite web}}: Text "E." ignored (help)
  3. ^ socalTECH (February 15, 2012). "Tech Coast Angels Fuels $45M In Deals In 2011". {{cite web}}: Text "E." ignored (help)
  4. ^ Klein, Karen E. "Perfecting the Fund-Raising Pitch". BusinessWeek.
  5. ^ Tech Coast Angels. "7 P's of Investor Presentations". SlideShare.
  6. ^ Austin, Scott (January 11, 2010). "How To Pitch A Venture Capitalist On A Napkin". Wall Street Journal.
  7. ^ Venture Capital Dispatch (August 2, 2010). "The Magic 8-Ball of Angel Investing". Wall Street Journal.
  8. ^ Perloff, David and Sherman, Pat (October 2, 2011). "Cashing In San Diego investors write personal checks to propel local entrepreneurs". Pacific San Diego Magazine. {{cite web}}: line feed character in |author= at position 19 (help)CS1 maint: multiple names: authors list (link)
  9. ^ Somers, Terri. "San Diego angels lend financial wings to entrepreneurs needing cash". San Diego Union Tribune.
  10. ^ Norman, Jan. "Local investors seek to jumpstart new O.C. ventures". The Orange County Register.
  11. ^ Hardy, Quentin (October 28, 2002). "Where Angels Dare to Tread". Forbes.
  12. ^ "Green Dot Sets Pricing Range". socalTECH.
  13. ^ Peters, Frank. "Champagne Corks Pop". The Frank Peters Show.
  14. ^ TCA website. Tech Coast Angels Investment Portfolio.