Entrepreneurs

Do you have

what it takes?

Apply now

Apply now

Do you have what it takes?

Apply now

Entrepreneurs

The South Coast Angel Fund invests in emerging growth entities. Targeted industries include information technology, life sciences, advanced materials, and consumer products.

The typical SCA initial investment is up to $150,000 with a possibility of a potential follow-on. Most transactions take the form of preferred equity securities and involve an SCA member serving on the board. We often partner with other angel funds and/or VC investment groups in syndicated transactions.

SCA is most interested in investments where there is an opportunity to leverage our members’ significant experience and expertise, and the extensive network of strategic partners and follow-on financing options.

Investment Criteria

Throughout the decision-making process, SCA’s investment criteria include:

  • Based in (or plan to be) in California
  • Early-stage technology consistent with our investment focus
  • Addressable market opportunity
  • Compelling and sustainable competitive differentiation
  • Intellectual property moat
  • Open to mentoring and coaching
  • Reasonable valuation
  • Market deal structure

Investment Process

The SCA investment process is designed to assess a company’s prospects for success and finalize an investment decision within 120 days after initial contact. Under certain circumstances, a final assessment may be delayed to address specific areas of concern.

Companies interested in an investment from SCA should read the following carefully:

  1. Interested companies must complete the online submission form to begin the process.
  2. The SCA investment screening committee pre-screens the submissions, and selects a subset of companies.
  3. A due diligence team meets with the leadership of the selected company; evaluates the company and market opportunity; assesses prospects for success; and makes an investment recommendation.
  4. Selected companies present to the SCA Investment Committee, followed by Q&A. Members vote whether to perform more extensive due diligence.
  5. The Investment Committee votes on whether to fund the company.
  6. SCA closes the investment, makes the opportunity available to its members for direct sidecar investment, and, if desired by the company, seeks to syndicate the deal to partner angel groups or other investors.