New York Angels

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New York Angels is the largest and most active technology-focused angel investment organization on the East Coast.

Founded in 2004 as the successor organization to the NYNMA (New York New Media Association) Angel Investor Program, New York Angels is a membership organization of 75 active angel investors and early stage venture capital funds. The group meets monthly to screen and present early stage technology companies, and its members have invested over $35 million since 2002 into over three dozen ventures.

Among the NYA membership are nationally known angel investors including Esther Dyson, Scott Kurnit, Gideon Gartner, and David S. Rose; and venture capitalists including Alan Patricof, Josh Kopelman, Howard Morgan and Stuart Ellman. The group has a full-time staff led by Executive Director Paul Sciabica, reporting to a seven person Board of Directors chaired by David S. Rose.

New York Angels concentrates on technology-related, early stage investments in the range of $250,000 - $750,000, although it has led deals as large as $2 million. It receives 300-400 financing applications annually, from which it selects 15 companies each month for screening, of which typically three are invited to present to the group. In 2008, NYA made 22 investments (12 new, 9 follow-on). Since its founding New York Angels has led or participated in investments in 52 companies.

The group is considered a leader in the growing field of organized angel investing. It was the first member of the national Angel Capital Association, hosted the ACA Summit conference in 2006, and was the initial test group for the now-standard Angelsoft funding platform.

Membership as an investor in New York Angels is by invitation only, and members are required to commit to investing at least $100,000 annually in early stage technology deals, in addition to the group’s $3,500 annual membership dues.

Requests for funding for entrepenurial ventures may be self-submitted through the group’s web site, subject to a $150 application fee.

Milestones

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  New York Angels invested in Good Health Advertising. (6/22/09)
  Posted 6/22/09 at 10:11am
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  New York Angels invested in oneTXT. (6/21/09)
  Posted 6/21/09 at 6:20pm
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  New York Angels invested in Ambient Devices. (9/16/08)
  Posted 9/16/08 at 4:56pm
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  New York Angels invested in Anvato. (7/29/08)
  Posted 7/30/08 at 9:59am
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  New York Angels invested in TalkShoe. (6/26/08)
  Posted 6/15/09 at 10:47am
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  New York Angels invested in KoolSpan. (5/13/08)
  Posted 10/28/08 at 9:31pm
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  New York Angels invested in Magnify. (2/28/08)
  Posted 1/20/09 at 1:36am
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  New York Angels invested in Standout Jobs. (1/28/08)
  Posted 3/7/08 at 2:23pm
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  New York Angels invested in LinkStorm. (10/1/07)
  Posted 11/17/07 at 6:39am
• 
  New York Angels invested in Magnify. (2/1/07)
  Posted 8/29/07 at 5:03am
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  New York Angels invested in KoolSpan. (11/06)
  Posted 10/28/08 at 9:31pm
• 
  New York Angels invested in eJamming. (10/2/05)
  Posted 6/2/08 at 8:19pm
• 
  New York Angels invested in KoolSpan. (2/25/04)
  Posted 10/28/08 at 9:31pm
• 
  New York Angels invested in Ambient Devices.
  Posted 10/28/08 at 8:57pm
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  New York Angels invested in CE Interactive.
  Posted 10/28/08 at 9:02pm
• 
  New York Angels invested in Critical Media.
  Posted 1/9/08 at 9:59pm

Investments

Videos

Sources

1. Good Health Advertising Adds New CEO, Closes $1 Million First Round (paidcontent.org) [edit]
2. Social Media Payment Platform oneTXT Scores $2 Million And Former iVillage Exec As COO (techcrunch.com) [edit]
3. Mass High Tech (masshightech.com) [edit]
4. Anvato Raises $550k To Fight Copyright Violations (paidcontent.org) [edit]
5. Cap Funding Report [edit]
6. KoolSpan Gets $7.1M in Third Round (cellphoneforums.net) [edit]
7. paidcontent.org (paidcontent.org) [edit]
8. Standout Jobs Raises $2 Million Financing from iNovia Capital (blog.standoutjobs.com) [edit]
9. linkstorms.com [edit]
10. newteevee.com [edit]
11. mylaws.org [edit]
12. Citation Needed [add]
13. internetacceleration.com [edit]
14. Citation Needed [add]
15. Citation Needed [add]
16. demo.com [edit]