A STRONG COHORT OF BUSINESSES READY TO CREATE CHANGE |
WHY BUSINESSES
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New Zealand is full of talented and dedicated founders ready to take on the world with their big ideas. You may have a great idea and good validation that people want it. Raising funding enables you to launch into the market or achieve growth and scale on top of your existing success.
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We understand that startups have many unexpected barriers when it comes to building their big idea. Angel investment gives you the means to source the key resources needed to overcome and establish your business in this market.
Raising angel investment is more than just funding. Your investors become a strong network of supporters who join you on the journey. Their extensive experience and knowledge make a valuable contribution to your success. |
FUNDING PROCESS
The funding process can vary for each company but a typical raise has these key steps...
1. Apply Check you meet our funding criteria and apply using the online form below. |
2. Review We will conduct a preliminary review to ensure your deal is suitable for the club. |
3. Pitch If you're ready, you'll be invited to pitch to at the next club investment evening. |
4. Due Diligence A team of the most suitable investors from our club's membership will conduct due diligence on your deal. |
5. Raise We'll provide your finalised investment offer to our club members and collect their commitments. |
5. Close We'll collect the funds from the interested investors, prepare legal documentation and send you the funds. |
YOU SHOULD HAVE CONSIDERED
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Frequently asked questions
shOULD i APPLY?
Have a look at our criteria first and, if you fit the bill, get in touch.
how much money can i raise?
Our rounds tend to be from $250k to $1m.
HOW LONG DOES IT TAKE?
The club meets every second month and where there is interest, deals tend to take 8-12 months from presentation to completion.
WHAT DOES ANGEL HQ'S IDEAL COMPANY LOOK LIKE?
Have a look at our criteria but the basics are: a quality team taking a validated product to a huge market.
What are the key elements that make a successful raise with an Angel Club?
Leadership. It takes work from the founders to really make the case for what they need and why. It also takes leadership from the investor side. Find a champion and have them help you set the pace and set the terms.
Am I going to have lots of new investors on my cap table?
Our club invests through a nominee company so the underlying investors are not individually added to your capitalisation table.
WHAT DOES IT COST?
Everything is success based. We charge a commission on funds raised from the club and the investee also pays for capped legal fees on the deal. Commissions are 6% on a first round and 3% on follow on (excl. GST).
ready to apply? |
Still have questions? |
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