Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • IoT (& Wearables) • HealthTech (& Fitness) |
Stages | Seed, Startup, Early Stage, Angel, Later Stage VC, Series C, Debt Financing, Convertible Note |
Investing | United States |
Investment Range | £40,000 - £41,120,000 |
Assets Under Management | £4,300,000 |
ARC Angel Fund is an Angel Fund that specializes in seed and early-stage investments, primarily focusing on companies based in the Northeast and Mid-Atlantic regions of the United States. Founded in 2010 and with headquarters in New York, NY, the fund seeks to invest in promising sectors such as software, information technology, internet, tech-enabled services, business services, digital media, mobile, and healthcare information technology. ARC Angel Fund operates as a member-led firm where angel investors, partners in VC funds, and successful company executives come together to bring their experience and expertise to the investment decisions. They actively participate in the fund's decision-making processes and can also personally invest alongside the fund, providing a hands-on approach to support the portfolio companies. The fund looks to invest in early-stage companies that have a product and some revenue, typically with valuations under $5 million. Investments range from $50,000 to $250,000 over the lifecycle of the investment. ARC Angel Fund prides itself on being a hybrid between an angel group and a venture fund, offering more than just capital by also providing significant strategic value to the companies it backs. ARC Angel Fund is investing out of its Third Fund and has embraced a unique model where the general partner is owned by the investors, and general membership makes investment decisions. Committees are set up to manage the business of the fund, including an executive committee comprised of volunteer members who provide oversight. The fund's sourcing strategy includes leveraging connections from members, affiliated organizations, fund managers, and other institutions, while also accepting direct submissions through its website. Following investments, ARC Angel Fund establishes monitoring committees to work with portfolio companies and report on material developments. The fund has backed several companies that have gone on to be acquired by major corporations, showcasing its commitment to fostering success in the early-stage ecosystem.