Can I invest in a startup if it is not approved in the investment committee?
You can choose to invest in that startup individually, if the founders accept your investment. Most of our pre-selected startups choose COREangels because of our global community and the smart money provided by a group of angel investors and the diversity of expertise in the group.
Who decides which startup I invest in after the pitch?
You and your fellow group members.
You vote: Yes, No or Maybe for each startup that comes to the investment committee. We have a 1-investor, 1-vote policy so regardless of your investment ticket size in the group, you will always have equal voting rights. The leaders count the votes and if the startup gets a majority Yes, the group invests in that startup.
How is an investment committee different from a pitch day/demo day?
A demo day is a day where usually more than 10 startups are invited. On big Demo days, you might have 60 founders pitching their ideas.
In an Investment Committee, you are going to see pitches of no more than 3 startups that have already passed a screening process and primary due diligence. Your fund leaders have already done the valuations and the deal is negotiated ahead of time.
What is an investment committee?
Once you join a COREangels fund, there are going to be recurring demo days or pitch sessions of each angel fund where investors of the group listen to 2 or 3 startups that are pre-selected by the fund leaders. You get to ask questions during and after each Investment Committee and vote.
How do I invest in COREangels?
Pick a COREangels Fund in your country or one that is closest to your mission in life. Here is a list of our funds around the world: https://coreangels.com/our-angel-groups.
Make sure the minimum investment ticket and language requirements to join the fund of your choice are met. For instance, If you are based in a European country, speak English, and have a background in Artificial Intelligence, COREangels Big Data & AI might be a good match for you.
Connect with the leaders and angel investors of the fund that attracts you the most on LinkedIn and get an understanding of the group dynamics.
Once you have chosen an angel fund, apply via their webpage and a leader of the fund will followup with you to set up a call or meeting.