Step 1: Application
If you are seeking funding for your startup, please complete the following process below:
Please insert the following materials into Proseeder
•Proseeder initial questions
•Answered Canyon Angels Questionnaire (Click Here) (insert into Proseeder once finished)
***If your information is incomplete 2 days after applying onto Proseeder, your company will be removed from our system
Step 2: Screening
Once your company has completed step 1, our internal screening team will review all of your documentation. If your company meets our investment criteria, you will be asked to give a 5-minute presentation followed with a Q and A in front of our screening panel. If your company is located out of state, you may do the presentation virtually.
Please bring the following to this session if you are presenting in person:
• A thumb drive with your 5-minute presentation
•Laptop with an HDMI cord
•A wireless clicker
Step 3: Board of Directors Session
Creating an open and transparent dialogue between our CEO’s and investors is vital for success. Our investors can now be joyful, engaged, and try to help you create something to improve the world.
*(New ideas, feedback, and strategic input will be given to you during this meeting from qualified angelinvestors)
Step 4: Due Diligence
Once our board of directors session is concluded, you will be asked to present at our quarterly investor meeting in person. The following process will occur:
Step 5: Investor Meeting
The following process will occur:
Step 6: Follow up Meeting
Based on the interest level from our investors, we will schedule a follow up meeting to review possible terms for investment one week after the investor meeting.
Feel free to upload your profile and opportunity.
One of our Canyon Angel representatives will accept your application and contact you soon after reviewing your company’s materials.
Have questions? Email: Spencer.firstname.lastname@example.org
Round 1: September 9th, 12:00 pm
Round 2: October 31st, 12:00 pm
Round 3: December 14th, 12:00 pm
Round 4: February 13th, 12:00 pm
What do we look for?
Our angel group is seeking scalable growth opportunities that are at an early stage, typically past proof of concept in or near revenue.
Some of our more recent investments include:
Industries we consider for investment
Biotechnology, electronics and computer hardware, financial services, healthcare services/medical devices and equipment, industrial/energy, IT services, media, ecommerce, software, telecommunications, AR, VR, gaming.
Preferred stages for investment consideration
–Preseed round: Must be past the idea stage. MVP has been developed. Business concept has been tested.
–Seed round: The company is almost fully operational but has little revenue. Usually in existence less than 18 months.
–Series A: The product or service is in commercially available. The company demonstrates significant revenue growth, but may or may not be showing a profit. Usually in business more than 3 years.
Preferred founder for investment consideration
A founder that has brought his/her company to market by either bootstrapping or sweat equity.
-Defined exit strategy within 3-7 years: financial or strategic.
-Clearly identifiable and reachable customer with a compelling need.
-An emerging and growing market with significant global potential which is fragmented and where demand exceeds supply.
-A business model with sufficient barriers to entry to protect the business over the first few years.
-A growth strategy which can achieve the levels of revenue and profit within 3-7 years to easily sustain the ROI needed by our angels. (25%)
-A proven product or service which has clear customer acceptance.
-A management team which can demonstrate they have the skills and experience to execute the growth strategy over the next several years in conjunction with assistance from our angels.
-A well-defined plan for the use of the angel funds, which is directly linked to clear and measurable targets which in turn supports the exit strategy.
-Defined milestones within the next 18 months.
-A team willing to negotiate a realistic valuation if applicable to the current round of financing.