The 2nd Bloom Angel Network

About The 2nd Bloom Angel Network

The 2nd Bloom Angel Network was built on two emerging trends: ▪ Demographic Changes By 2050, over half the U.S. population will be 40+, and for the first time in human history, 65+ year-olds will outnumber those younger than 18. As a result, the number of founders aged 50+ is expected to quadruple. ▪ Funding Disconnect Founders above the age of 50 are 1.8x more likely to achieve upper-tail growth than founders in their 30s. However, most VC dollars still go to younger founders. In extensive interviews conducted with this demographic, one key finding sticks out: 2nd Bloomers are more interested in raising money from angels in their network than traditional VCs. We are looking for founders with at least 20 years of experience. We invest across all industries and have no sector-specific focus.
People
  • Sofia Vegarra, Co-Founder