Pasadena Angels

The Pasadena Angels Organization was founded in 2000 and is one of the longest-running angel investing groups in Southern California. We have invested over $95 million in 240 companies. Pasadena Angels-funded companies have gone on to raise over $1 billion from additional funding sources such as venture capital and private equity. FAQs ▪ Do you invest in companies located outside the USA? No, we only fund companies incorporated in the USA and Canada. In the US, the company must be taxed as a C-Corporation or in the process of converting to a C-Corporation. ▪ Do you invest in startups at the idea/business plan stage? We mainly invest in companies that have at least an MVP or a working prototype. We prefer companies that can show market traction or have positive outcomes from working pilots (pilot tests). ▪ Do you fund startups in the pre-seed stage? From time to time, we invest in a late pre-seed stage, but most of our investments are at the Seed or Bridge to Series A stage. We primarily invest in early go-to-market and commercialization, typically leading to a next-stage growth round. ▪ Do you invest in a single-person company? Generally no. ▪ Do you only fund startups in the SaaS space? We are open to all industries, but our preference is technology companies with strong teams, promising technology, big potential markets, scalability, solid barriers to entry, and IPO prospects. ▪ Does Pasadena Angels syndicate? As a member of the Tech Coast Angels (TCA) network, Pasadena Angels regularly syndicates deals among the six regional member groups. Pasadena Angels is also affiliated with the Angel Syndication Network (ASN) and Pegasus Accelerator. ▪ Does Pasadena Angels syndicate with other angel groups? PA regularly/often syndicates with our sister groups, Tech Coast Angels and MEDA, including angel groups in the ASN network. This accounts for both new investments and follow-on investments.