Sheltowee Angel Network

About Sheltowee Angel Network

The Sheltowee Angel Network Empowering Entrepreneurs, Investors, and Communities. Our goal is to create at least one angel fund in every state in the Union. At this time, we are exclusively supporting our affiliated funds in Alabama, Florida, Kentucky, Mississippi, Minnesota, New York, North Carolina, Ohio, Pennsylvania, Tennessee, and West Virginia (states in which we currently have affiliated angel funds). Please feel free to contact us about forming an angel fund in your area. We have amassed hundreds of great minds, subject matter experts, successful entrepreneurs, and venture-style investors from around the nation who share diligence, expertise, experience, connections, and industry insight on ventures to identify irresistible opportunities. We are here to fund your venture. We are here to help you grow your business. We typically invest in 10 companies per year between $50,000 and $250,000 but have invested as much as $1.5M in a single venture. We typically do two rounds with portfolio companies that demonstrate execution and great communication. We provide you a highly efficient mechanism for raising capital. We will work with you to build a broad syndicate of investors to capture the resources necessary to execute your business plan. We want you to lead your company and selling products and services, not shares. When we consider an applicant for funding, we have a responsibility to our members to seek the absolute best deals out of as large a sample size as we can get. We also have a responsibility to help them build a holistic portfolio and specifically counsel against going all-in on long shots. We promote a diversification strategy for our investors, and we focus (to the best of our ability to judge) on opportunities we think have a high probability of exiting within around 5 years. And, from time to time, other market dynamics are in play that affects which deals proceed through our pipeline and which do not. What we’re saying is: it’s not personal; it’s portfolio strategy. If it’s not a good fit today, stay in touch. And we always offer our two cents worth of feedback to any entrepreneur who wants to improve his or her game.
People
  • Eric Dobson, Chief Executive Officer