One convergent point for the matching of providers and seekers of capital in Arizona.
Angel investments bear extremely high risk and are usually subject to dilution from future investment rounds. As such, they require a very high return on investment. Because a large percentage of angel investments are lost completely when early stage companies fail, professional angel investors seek investments that have the potential to return at least 10 or more times their original investment within 5 years through a defined exit strategy, such as plans for an initial public offering or an acquisition. Current ‘best practices’ suggest that angels might do better setting their sights even higher, looking for companies that will have at least the potential to provide a 20x-30x return over a five- to seven-year holding period. After taking into account the need to cover failed investments and the multi-year holding time for even the successful ones, however, the actual effective internal rate of return for a typical successful portfolio of angel investments is, in reality, typically as ‘low’ as 20-30%. While the investor’s need for high rates of return on any given investment can thus make angel financing an expensive source of funds, cheaper sources of capital, such as bank financing, are usually not available for most early-stage ventures, which may be too small or young to qualify for traditional loans.
Company Name: Arizona Angels
Address: 2415 E. Camelback Road, Suite 700 Phoenix, AZ 85016
Contact Person: Dee Harris
Year Founded: 1999
Regionality: Arizona primarily
Investment Size: $500,000 - $1,500,000
Assets Managed: $16M
Stage Preference: early-stage and developing-growth companies
The Arizona Angels Investor Network, founded in 1999, is a group of accredited investors who invest primarily in Arizona-based, early-stage, and developing-growth companies. The mission of the Arizona Angels is to be a catalyst and communication channel for investment opportunities for its members while contributing to the economic development of the region.
Company Name: Arizona Technology Investor Forum (ATIF)
Address: P.O. Box 879309 Tempe, AZ, 85287-9309
Contact Person: Kari Vanderslice
Year Founded: 2007
Investment Size: $50K - $500K
The Arizona Technology Investor Forum (ATIF) is an investment community of accredited investors, venture capitalists, corporate, and institutional investors. Members individually invest in high-quality, diverse investment opportunities. The community is strengthened through its involvement in Arizona State University’s Fulton School of Engineering, providing a deal flow stream of early-stage technology ventures.
Company Name: Biltmore Angel Group
The Biltmore Angel Group is a new angel investor group that has been formed by local leaders in the Phoenix startup and investment space. The Phoenix and Scottsdale metro areas have ample qualified accredited investors with an appetite for investing in quality, emerging growth opportunities in the region that are not already engaged in organized angel investing.
Company Name: Desert Angels
Contact Person: : Bob Morrison
Desert Angels is a Tucson based nonprofit organization of accredited investors who seek opportunities to invest in regional startup or early stage no-tech, low-tech, or high-tech companies. The organization itself serves only as a forum for its members who individually invest from their personal funds.
Company Name: Gathering of Angels
Address: #4 Hawthorne Circle Santa Fe, NM 87506
Contact Person: Tarby Bryant
Year Founded: 1996
Stage Preference: angel capital, seed and early stage capital, start-up capital, first round financing
The Gathering Of Angels is an Angel Investor Forum where 6 companies present with PowerPoint for 20 minutes each followed by 2-5 minutes of Questions & Answers. Accredited Angel Investors, VCs and Investment Bankers attend our events complementary.
Company Name: Lobodos Ventures
Address: 3429 E. Tonto Dr. Phoenix, AZ 85044-3531
Company Name: Solstice Capital
Address: 6245 E. Broadway Blvd., Suite 620 Tucson, AZ 85711
Focusing on seed- and early-stage companies in alternative energy, education, the environment, life sciences and information technology.
Company Name: Bay Partners
Address: 490 S. California Avenue Suite 200 Palo Alto, California 94306
Year Founded: 1976
Assets Managed: $290M
Company Name: Biltmore Ventures
Address: 4828 East Hashknife Road Phoenix, AZ 85054
Investment Size: up to $10M
Stage Preference: early
Biltmore Ventures is a Phoenix-based venture firm chartered to grow the Arizona private capital marketplace. The firm provides capital to local entrepreneurs focusing on high-growth businesses with an integral Internet component. The Biltmore team has over 40 years experience as entrepreneurs, investors, deal architects, and team builders.
Company Name: Canaan Partners
Address: 2765 Sand Hill Road Menlo Park, CA 94025
Year Founded: 1987
Assets Managed: $3Billion
Stage Preference: early-stage
Canaan Partners is a global venture capital firm that invests in people who turn visionary ideas into valuable and significant technology & healthcare companies. We were early investors in some of the world’s leading technology companies, including Acme Packet, CommerceOne, DoubleClick and Match.com as well as healthcare giants Cerexa, Dexcom, Northstar Neuroscience and Peninsula Pharmaceuticals.
Company Name: El Dorado Investment Company
Address: PO Box 53999, MS 9707
Investment Size: $1 - $5Million
El Dorado is a corporate venture company that invests in and develops innovative companies offering energy-related technologies and services. Our focus is to identify new growth opportunities in the deregulated utility market and partner with companies poised to become industry leaders. Our primary strategy is to invest in start-up, development stage and rapid expansion-phase opportunities that complement the core electricity generating, distributing and marketing businesses of Pinnacle West. Typical investments range from $1 million to $5 million resulting in minority equity stakes in each portfolio company. To date, El Dorado has invested over $30 million in its current portfolio of companies.
Company Name: Epic Ventures
Address: 301 Griffin Street Santa Fe, NM 87501
Epic Ventures, founded by Zions Bank, is headquartered in Salt Lake City, Utah. We prefer to invest in start-ups in the western United States where we have easy access to the company. We are active investors and seek board seats in each investment we make.
Company Name: Grayhawk Capital
Address: 5050 North 40th Street, Suite 310 Phoenix, Arizona 85018
Grayhawk Capital is a partner with which promising early-stage and growth-stage companies can add resources and drive growth. Grayhawk Capital makes investments ranging from $1,000,000 to $4,000,000 to acquire minority ownership positions in companies with strong business momentum, operating in growth industries, and led by operations-oriented executives. Through our participation we add experience, resources and investment to fuel growth and drive success.
Company Name: HOTventures
While we invest in other areas, we’re actively looking for opportunities in these areas – Information Technology, BioSciences ‘light’ & Content & Media
Company Name: Intel Capital
Address: 2200 Mission College Blvd., RN6-37 Santa Clara, CA 95052-8119
Year Founded: 1990
Intel Capital seeks out and invests in promising technology companies worldwide. Our goals are to spur innovation and inspire entrepreneurial spirit, while generating positive financial return. We focus on both established and new technologies that help to develop industry solutions, drive global Internet growth, facilitate new usage models, and advance computing and communications platforms. At Intel Capital, we provide unrivaled access to the latest technology developments in the industry.
Company Name: Novus Ventures
Address: 20111 Stevens Creek Blvd. Suite 130 Cupertino, CA 95014
Year Founded: 1994
Regionality: US technology companies
Investment Size: $1M - $10M
Assets Managed: $160M
Novus Ventures helps build technology-based companies and position them for success in the digital economy. Our principal business is early-stage investing in information technology companies where our participation as both investor and partner can make a strategic contribution to growth and financial success.
Company Name: Pinecreek Capital
Address: 24 Corporate Plaza, Suite 180 Newport Beach, CA 92660
Year Founded: 1997
Regionality: Western United States
Pinecreek Capital makes non-control investments in middle market companies located in the Western United States. Pinecreek Capital targets the lower range of the middle market, which includes companies with revenues between $15 million and $75 million. Our philosophy is to build long-term relationships with entrepreneurial manager/owners and create substantial investment value over time.
Company Name: QuestMark Partners
Address: One South Street, Suite 800 Baltimore, MD 21202
Year Founded: 1998
Investment Size: $5M - $15M
Assets Managed: $750M
Founded in late 1998 by former Alex. Brown bankers, QuestMark Partners is based in Baltimore, Maryland. We leverage years of combined investing, IPO, strategic consulting and buy-out experience within our team. QuestMark invests primarily in those industries where the principals have the most experience and where we believe the market dynamics and business models are the most compelling. We invest $5 to $15 million in emerging growth companies with exceptional management teams and proven products and services. Areas of focus include software, medical device, and internet-based businesses, as well as enterprises in broader technology, healthcare and consumer areas. We cover the 48 continental states, with current investments headquartered in New England, California, Texas, the Southeast, the Northwest and Mid-Atlantic.
Company Name: Research Corporation Technologies
Address: 5210 E. Williams Circle, Suite 240 Tucson, Arizona 85711-4410
Technology investment and management company that provides early-stage funding and development for promising biomedical companies and technologies. RCT focuses on technology investments with origins from universities and research institutions worldwide.
Company Name: Scale Venture Partners fka BA Venture Partners
Address: 950 Tower Lane, Suite 700 Foster City, CA 94404
Investment Size: $5M - $15M
Assets Managed: $400M
Stage Preference: Mid to late stage
Scale Venture Partners chooses markets for investment based on our insights into trends drawn from primary research with incumbents, customers, competitors and our network of experts. We select companies we think are going after something great.
Company Name: Timepiece Capital
Address: 7447 E. Earll Dr. Suite 109 Scottsdale, AZ 85251
Works with select institutional investors to act as a principal in the acquisition of companies with revenues of $5 million to $50 million.
Company Name: Trinity Ventures
Address: 3000 Sand Hill Road, Building 4, Suite 160 Menlo Park, CA 94025
Trinity Ventures is a boutique early-stage venture firm with an unwavering dedication to our entrepreneurs. We do not operate global mega funds. We don’t have offices in China (or anywhere else outside Silicon Valley, for that matter). We are company builders, not company flippers.
Company Name: TruGroup Ventures
Address: 981 E. Calle De La Cabra - P.O. Box 1025 Tucson, AZ 85702-1025
Company Name: Valley Ventures
Address: 1275 W. Washington St. Suite 101 Tempe, AZ 85281
Assets Managed: $85M
Valley Ventures is an institutionally funded venture capital partnership with $85 million under management. The general partner is a team of experienced venture capitalists and managers dedicated to the achievement of superior investment returns by investing in and assisting emerging growth companies in the greater Southwest. In addition to providing capital to growing companies, Valley Ventures assists management in strategic planning, management development, accessing key industry experts and advising on capital formation events.
A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private equity firms generally receive a return on their investments through one of the following avenues:
Company Name: Accord Financial
Address: 3522 East Brookwood Ct. Phoenix, Arizona 85048
Year Founded: 1965
Investment Size: $250,000 - $10M
Stage Preference: open
At Accord, our primary goal is to provide liquidity for our clients, allowing them to focus on growing their companies. With over 25 years in business and extensive access to capital resources, Accord has positioned itself as a reliable source of funds at competitive rates. Accord is a wholly-owned subsidiary of Accord Financial Corporation, a Canadian company listed on the Toronto Stock Exchange. We are part of a family of companies that offer a myriad of asset-based financing and factoring services in the US and Canada. Our organization represents a significant source of working capital for growing businesses.
Company Name: Agawam Partners
Address: 300 Park Avenue, 17th Floor New York, NY 10022
Investment Size: $2Million - $10Million
Agawam Partners is a merchant banking firm focused on transactions in media, business services, advertising-driven internet services and related technologies. We are organized (i) to make both majority-ownership and non-controlling private equity investments in our target industries, and (ii) to provide our investment banking clients with a full range of M&A and financial advisory services.
Company Name: Alerion Capital Group, LLC
Address: 7702 East Doubletree Ranch Rd., Suite 350 Scottsdale, AZ 85258
Regionality: US companies
Investment Size: $10M - $75M
Stage Preference: later stage, mid-market businesses
Alerion Capital Group is a private equity and management advisory firm investing in later stage, mid-market businesses in the Mountain West. Alerion’s investment philosophy focuses on companies that will benefit most from our experience and knowledge, centering around technology product and service providers.
Company Name: Berry-Shino Securities
Address: 15100 N. 78th Way Suite 100 Scottsdale, Arizona 85260
Contact Person: Robert Berry
Year Founded: 1995
At Berry-Shino Securities, Inc. we provide successful, original investment advice and professional services to a select group of private clients and institutional investors. Simply stated, our primary goal is to make money for our clients. All departments of the firm work in tandem to ensure that the investment needs and objectives of our clients are always put first and foremost.
Company Name: Cameron Thomson Group
Address: 390 Bay Street, Suite 1706 Toronto, Ontario Canada M5H 2Y
Stage Preference: start-ups, early-stage companies, mature businesses
Cameron Thomson Group Ltd. (CTG) is a business development firm that provides corporate development and investment banking services to the media, information technology, and entertainment industries. The firm offers business model development, mergers and acquisition, debt and equity financing, strategic alliances, and strategic advisory services to start-ups, early-stage companies, mature businesses, and motion picture production companies.
Company Name: Convergent Capital
Address: 505 N. Highway 169, Suite 245 Suite 205 Minneapolis, MN 55441
Year Founded: 1998
Assets Managed: $50Million
Convergent Capital is an investment company focused on providing growth and acquisition capital for businesses committed to long-term, sustainable growth in a broad range of industries. The firm’s investment fund, Convergent Capital Partners, I, L.P., is a Small Business Investment Company (SBIC) licensed by the U.S. Small Business Administration. In operation since 1998, Convergent has over $50 million in capital available for debenture investment.
Company Name: Crutchfield Capital Corp.
Address: 2700 Post Oak Blvd., Suite 975 Houston, Texas 77056 Phone: 713-961-0496
Year Founded: 1991
Investment Size: $2 - $5Million
Crutchfield Capital Corporation is a private investment banking firm which provides corporate finance services to middle market companies. Services provided include raising private debt and equity capital; arranging mergers, acquisitions and divestitures; valuing businesses and corporate securities; expert witness testimony; and general advisory services related to a variety of financial matters.
Company Name: Generation Partners
Address: One Maritime Plaza, Suite 1555 San Francisco, CA 94111
Year Founded: 1996
Assets Managed: $345Million
Generation provides equity capital to growth companies through buyout and growth equity investments. Generation was founded to create a more “forward-looking” investment firm by combining extensive experience in growth-oriented private equity investments with information technology expertise. This remains the foundation of our firm as we seek out businesses that are using technology to lead change in their industries.
Company Name: Grayhawk Capital
Address: 5050 N. 40th Street, Suite 310 Phoenix, AZ 85018
Investment Size: $1M - $4M
Assets Managed: $60M
Invests in companies operating in large or emerging growth industries that are considered to be unsaturated by competitors. Industries of interest include – software, internet, telecom, healthcare, consumer products, financial services, retail, semiconductors, business services, distribution, and manufacturing.