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General Information





Maine Angels

Maine Angels was founded in 2003 to enhance regional economic development by providing a cooperative mechanism for qualified investors to collaboratively locate, investigate and make investments in promising early-stage companies. Maine Angels collective investments in companies typically range from $50,000 to $250,000 in most deals. In addition to providing financial capital, where appropriate Maine Angels members also provide intellectual capital to portfolio companies and the entrepreneurs who run them. Investments in companies based in Maine typically are eligible for Maine’s Seed Capital Tax Credit Program administered by the Financial Authority of Maine (FAME).

Recent Milestones


Company Date Round Size Participants
Sialix 2/2014Series B$2.46M4
Sialix 2/2014Series B$1.2M6
Playrific 12/2012Venture Round$1.7M5
JamHub 5/2012Series A$1.1M6
Newfield Design 5/2012Series A$662k3
Pixability 2/2011Angel$1M9
GateRocket 8/2006Series A$1.25M7



  1. SEC D/A ( [edit]
  2. Sialix Raises $1.2M ( [edit]
  3. Playrific Closes $1.7M Equity Funding ( [edit]
  4. JamHub closes $1.1M Series A round ( [edit]
  5. Newfield Design takes in $662K in equity ( [edit]
  6. Pixability draws $1M from nine angel investment groups ( [edit]
  7. GateRocket ( [edit]
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Last Edited 3/11/14

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