The Dallas angel investor network is a thriving community of high-net-worth individuals who invest in startups in exchange for equity.
These investors typically have a strong network and resources to help their portfolio companies grow.
One of the largest angel investor groups in Dallas is the Angel Investors Dallas, which has invested in over 100 startups in the past decade.
Angel Investors Dallas requires entrepreneurs to pitch their ideas to a group of investors, often in a competitive setting.
Angel Investors in Dallas, Texas
Dallas has a thriving angel investor scene, with several groups actively investing in startups.
Keiretsu Forum is a prominent angel network in the city, with a strong presence in North Texas. According to the 2022 HALO Report, Keiretsu Forum is the most active Seed and Series A investor nationally, and its Texas chapter ranks second in deal flow.
Keiretsu Forum's North Texas chapter president, Otis, aims to cultivate deal flow within the local ecosystem, connecting founders and funders through the network's extensive resources. The group focuses on accredited investors, requiring a minimum net worth of $1 million or annual income of $200,000 individually or $300,000 jointly.
The North Texas Angel Network (NTAN) supports startups by providing capital and knowledge to entrepreneurs with strong business ideas. NTAN members have business-building experience in various fields and offer consulting services to entrepreneurs without charging fees.
Blossom Street Ventures is a prominent group of angel investors in Dallas, focusing on startups with $2 million to $30 million in revenue and year-over-year growth of 20% to 50%. They invest in software, marketplaces, and e-commerce ventures with strong revenue growth potential.
Dallas Venture Capital (DVC) focuses on early-stage investments in innovative technologies, typically investing between $500,000 to $5 million in startups. DVC aims to achieve a tenfold growth in revenues of its funding enterprises within two years by providing strategic guidance and business development support.
Green Park and Golf Ventures invests in early-stage startups, focusing on promising medical startups with initial investments ranging from $100,000 to $1,000,000. They seek innovative ideas, strong leadership teams, and market opportunities that can significantly impact local markets.
Booming Startup Scene Needs Growth Capital
In Dallas, you'll find a thriving startup scene that's ripe for growth capital. The city is home to prominent angel investors like Blossom Street Ventures, which focuses on startups with $2 million to $30 million in run-rate revenue and year-over-year growth of 20% to 50%+.
Blossom Street Ventures specifically looks for software, marketplace, and e-commerce ventures with strong revenue growth potential and a clear path to success. This suggests that they're looking for startups that are already showing signs of traction.
Dallas Venture Capital Group is another early-stage fund that invests in innovative technologies, aiming to connect global markets by helping startups improve their business strategies and achieve substantial revenue growth within a short period.
Their investments typically range from $500,000 to $5 million, providing startups with the necessary investment to fuel their growth and expansion plans. This level of investment can be a game-changer for startups that are looking to scale quickly.
By tapping into these venture capital groups, startups in Dallas can gain access to the growth capital they need to take their business to the next level.
Investor Focus
In Dallas, angel investors are looking for startups with strong revenue growth potential and a clear path to success.
Keiretsu Forum, a prominent angel investor group in Dallas, focuses on accredited investors with $1 million in net worth or earning $200k individually/$300k jointly over the past two years.
Blossom Street Ventures, another notable group, invests in startups with $2 million to $30 million of run-rate revenue and year-over-year growth ranging from 20% to 50%+.
To attract angel investors, startups should have a compelling business plan highlighting market opportunity, revenue potential, and growth strategy.
Angel Match is a great resource for startups to research investors and streamline the process of raising capital.
Keiretsu Forum is ranked the most active Seed and Series A investor nationally in the 2022 HALO Report, and the angel network earned the No. 2 spot for deal flow in Texas.
Mark Cuban
Mark Cuban is a serial entrepreneur, investor, and owner of the Dallas Mavericks.
He's one of the most active seed angel investors in technology startups, looking to make more profit by investing in companies run by highly motivated people.
Mark Cuban's most famous investment was Broadcast.com, a streaming internet radio that was later bought by Yahoo for $5.7 billion.
As a shark on the reality TV show Shark Tank, Mark Cuban evaluates entrepreneurs' pitches to decide whether to invest in their companies or not.
He's also the number one angel investor in Dallas, according to Common Desk.
Revtech
RevTech Ventures is an early-stage venture capital firm that invests in retail technology. They have a team of mentors with over 1,000 years of cumulative experience in the retail industry.
RevTech focuses on entrepreneurs and technology innovation in retail technology. They've been the catalyst for over $250 million of startup capitalization.
RevTech accelerates the growth of top-tier, retail tech startups through seed funding, mentorship, and strategic connections. They often serve as a catalyst to a priced round of funding.
RevTech typically leads or follows at the pre-seed and seed stage, and is one of the first institutional investors. Their first check is around $100K.
RevTech reserves follow-on capital to support companies in future rounds, typically ranging from $200K to $4M.
Targeting Accredited Investors
The Keiretsu Forum membership is restricted to qualified angel investors, focusing on accredited investors interested in investing in companies at this stage. This is due to SEC regulations around general solicitation of unaccredited investors.
Accredited investor status requires having $1 million in net worth or earning $200,000 individually/$300,000 jointly over the past two years. This is according to the Keiretsu Forum.
Dallas Venture Capital (DVC) also focuses on early-stage investments in innovative technologies, typically investing in startups ranging from $500,000 to $5 million.
Investor Network
If you're looking for a reliable investor network in Dallas, Texas, you're in luck. The Keiretsu Forum membership is restricted to qualified angel investors, requiring a minimum of $1 million in net worth or earning $200k individually/$300k jointly over the past two years.
Dallas Angel Network is another option, focusing on seed-stage startups with a diverse group of investors from Dallas, Houston, and Austin. They hold quarterly meetings to identify and select interesting entrepreneurs, with no fees for entrepreneurs to participate or submit an offer.
North Texas Angel Network supports startups by providing capital and knowledge, with a chapter size that can grow but prioritizes engaged members for diligence and deal syndication.
Green Park Ventures
Green Park and Golf Ventures invests in early-stage startups with initial investments ranging from $100,000 to $1,000,000, based on the needs and status of the startup.
They focus on investing in promising medical startups with innovative ideas, strong leadership teams, and market opportunities that can significantly impact local markets.
Green Park and Golf Ventures was started by Mr. Soderstrom, an experienced investor who understands the importance of supporting startups in their early stages of growth.
Their investment strategy is centered around providing the necessary capital and guidance to help medical startups reach their full potential and make a meaningful impact in their respective fields.
Network
The North Texas Angel Network supports startups with capital and knowledge, and its members claim to have business-building experience in many fields. They don't charge fees from applicants.
Cowtown Angels is a program of TechFW, a non-profit organization that fosters the development of the local business community. They can interact with entrepreneurs as investors, mentors, and help speed up the growth of the startup.
Keiretsu Forum is ranked the most active Seed and Series A investor nationally, and has a substantial share of Texas deal flow. They invest in sectors such as health care, consumer products, real estate, and emerging technologies.
Interlock Partner Investors Group specializes in supporting cybersecurity startups, SaaS companies, and educational enterprises. They invest in seed-stage startups with strong growth potential.
Sentiero Angel Investors focuses on AI-enabled SaaS startups, seeking those that leverage AI technology in automation, data analysis, customer interaction, and machine learning. They host monthly meetings providing strategic guidance to help startups implement and scale their AI solutions.
The Dallas Angel Network is a group of angel investors that focuses on seed-stage startups. They hold quarterly meetings where they identify and select three to five interesting entrepreneurs, and entrepreneurs can submit their pitches without any fees.
Angel Match is the easiest way to research investors for your startup, allowing you to spend less time Googling and more time raising.
Investment Process
Keiretsu's diligence rigor is a key factor in their success, with a focus on thorough due diligence to ensure investments are thoroughly vetted. This is a top benefit for global Keiretsu Forum members.
The organization receives around 50 applications from companies each month, which gets filtered down to just four quality deals presented at each monthly meeting. This respects members' time while ensuring they see credible opportunities.
Keiretsu's curated deal flow and diligence rigor attract members who want to invest confidently and promising companies seeking capital.
Diligence & Deal Flow
Keiretsu Forum's value proposition is built around "diligence rigor" and curated deal flow, with diligence being the number one factor for their success.
They see around 50 applications from companies each month, which gets filtered down to just four quality deals presented at each monthly meeting.
The group respects members' time while ensuring they see credible opportunities. This process is made possible by dedicated staff who support due diligence and minimum standards to ensure investments are thoroughly vetted.
Keiretsu's depth of expertise across 2000-plus members internationally enables forming diligence teams with specialized knowledge in various domains.
Their "curated deal flow and diligence rigor" attracts members who want to invest confidently and promising companies seeking capital.
Keiretsu's history of funding and good screening process create a good deal flow, and they're known for diligence, making them an attractive option for companies looking to be funded.
The North Texas chapter aims to recruit around 20 qualified angel investors by year end as founding members, with a focus on having engaged members for diligence and deal syndication.
Chapter sizes of the Keiretsu Forum vary, but having engaged members is more important than raw numbers, according to Otis.
Typical Investment Timeline
The typical investment timeline for angel investors can be quite varied, but it's often influenced by the startup's growth trajectory. Angel investments are typically made in the early stages.
Angel investors can expect to hold onto their investments for anywhere from a few months to several years. This timeframe may include multiple funding rounds as the startup reaches key milestones and scales its operations.
Venture Capital Investment Approach
Dallas Venture Capital (DVC) focuses on early-stage investments in innovative technologies, with a particular interest in the new tech space. They typically invest in startups ranging from $500,000 to $5 million, providing the necessary capital to fuel their growth and development.
DVC aims to connect global markets by helping startups improve their business strategies and achieve substantial revenue growth within a short period. They support many types of startups, mainly tech, in realizing their full potential.
Their goal is to achieve an approximate tenfold growth in revenues of their funding enterprises in two years. This is achieved by helping startups in many areas, including mentoring leaders, improving strategy, and building new partnerships.
Dallas Venture Capital Group is also an early-stage fund that invests in innovative technologies, aiming to connect global markets and help startups achieve revenue growth.
Investor Groups
In Dallas, there are several prominent angel investor groups that can help startups grow and succeed. Blossom Street Ventures focuses on startups with $2 million to $30 million of run-rate revenue and year-over-year growth ranging from 20% to 50%+.
Interlock Partner Investors Group specializes in supporting cybersecurity startups, SaaS companies, and educational enterprises. They invest in seed-stage startups with strong growth potential.
Tech Wildcatters is a renowned angel investor group in Dallas that loves to invest in projects related to healthcare, heavy equipment, architecture, engineering, and retail.
Goldcrest Investments
Goldcrest Investments is a venture capital fund that invests in private technology companies. They specialize in providing financial support to startups and early-stage companies in the tech industry.
Their investment focus is on private technology companies, which suggests they have a deep understanding of the tech sector and the challenges faced by its companies.
Goldcrest Investments is a venture capital fund, which means they provide capital to companies in exchange for equity, giving them a stake in the company's future success.
By investing in private technology companies, Goldcrest Investments is likely looking for opportunities to grow and scale their investments over time.
Gpg
GPG is an investment firm focused on early stage opportunities, specifically angel and venture capital investments. They seek above-market returns for their investors.
The firm delivers strategic solutions, financial backing, and a reliable network to its portfolio companies. This support is crucial for the growth and success of these companies.
GPG is headquartered in Dallas, TX and is currently looking for investment opportunities in the healthcare and technology sectors.
Interlock Partner Group
Interlock Partner Group is a tight-knit group of angel investors in Dallas that support cybersecurity startups, SaaS companies, and educational enterprises. They're particularly interested in transformative teams that have already made some progress in their field but need money and expert help to take it further.
Interlock Partner Investors Group invests in seed-stage startups with strong growth potential. They're one of the few angel investors located in Dallas to support these unique fields.
The group provides not only capital but also consults startups on growth strategy issues. They help strengthen leadership teams to drive growth.
Interlock Partner Investors Group also offers mentorship and strategic advice to support startups.
Frequently Asked Questions
How much do you pay an angel investor?
Angel investors typically receive 10-25% equity in exchange for their investment, but can take up to 40% or more, depending on the deal. If you're considering angel investment, be prepared to give up part ownership in your business.
What is the typical rate for angel investors?
Typically, angel investors take a 10% to 25% share of your business, allowing founders to maintain control. This stake size ensures founders retain a significant say in their company's direction.
How do you find angel investors?
Attend industry events and conferences to meet angel investors and like-minded professionals, expanding your network and potential funding opportunities
Are angel investors a good idea?
Angel investors can be a good option for funding, offering less risk than loans since you only pay back the investment with equity. However, consider the trade-off of giving up ownership in your business
Sources
- https://builtin.com/companies/location/dallas-fort-worth/type/angel-vcfirm-companies
- https://dallasinnovates.com/global-angel-investor-network-launches-first-texas-chapter-in-dallas-fort-worth/
- https://www.purrweb.com/blog/angel-investors-dallas/
- https://angelmatch.io/publication/top-12-angel-investors-in-dallas
- https://www.folk.app/angel-investors/angel-investors-in-dallas-texas
Featured Images: pexels.com