Overview

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Investments
31 Investments in 26 Companies
Exits
5 Acquisitions
Headquarters:
Altadena, California
Funds Raised:
$66.3M
Categories:
Food and Beverage, Social Media, Biotechnology, SaaS, Personal Health, CleanTech, Small and Medium Businesses, FinTech, Mobile
Description:
The Pasadena Angels, ranked a Top Ten angel group by Forbes, has invested $65+ million in over 175 companies.
Website:
http://www.pasadenaangels.com
Social:

Investor Details

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Founded:
2000
Contact:
Type:
Angel Group that does Seed, Early Stage Venture, and Later Stage Venture Investments
Sectors:
Software / SaaS, Mobile, Cleantech / Renewables, MarTech, Consumer Products and Services, Biotech, Healthcare, Fintech
Regions:
United States,

Entrepreneurial small businesses are major engines of job growth and key players in the commercialization of new technologies. However, most entrepreneurial ventures fail to achieve their goals. Among the most common reasons for such business failures are the inability to execute sound business plans and to access capital funding, particularly at critical early stages of a company's development.

Affiliated as Pasadena Angels, Inc., a nonprofit entity, the organization offers early-stage companies the opportunity to benefit from the knowledge of more than 100 experienced entrepreneurs, senior corporate executives, and skilled professionals from a variety of industries and venture capital affiliates.

Approximately 80 companies from a broad range of industries are screened each year by Pasadena Angels members and are provided with invaluable counsel, including insights into developing business and financing strategies that are achievable and fundable. Companies also benefit from the group's feedback and the opportunity to connect with individuals who may offer more specialized expertise and advice.

The organization's members provide up to $1 million in early-stage financing and seed money to emerging technology-based ventures located in Southern California. The group cooperates with other venture capital firms and angel investment groups to support companies that are raising between $1 to $5 million. Pasadena Angels members invest individually and directly, without any legal pooling of financial resources. The corporate entity, Pasadena Angels, Inc. does not invest or act as an investment agent in any manner.

Pasadena Angels charges no fees and provides its services to companies which it believes have a significant potential for success and the potential to benefit from an association with the organization.

DateInvested InRoundPartner(s)
Aug, 2017undisclosed amount / Venture (Lead)
Aug, 2017$3.5M / Series A
Jun, 2017$2.62M / Seed (Lead)
May, 2017undisclosed amount / Convertible Note
Oct, 2016$1.15M / Seed
Jun, 2016undisclosed amount / Seed
Jul, 2015$815k / Seed (Lead)
Dec, 2014$768k / Seed
Sep, 2014$1.4M / Series A (Lead)
Jun, 2014$800k / Convertible Note
May, 2014$600k / Angel
Dec, 2013$2.6M / Angel
Jun, 2013$2M / Venture
Dec, 2012$700k / Seed
Oct, 2012$749.8k / Venture
Nov, 2011$1.63M / Series A
Apr, 2011$1.3M / Series A
Apr, 2010$3M / Series C
Jan, 2010$2M / Series E
Oct, 2008$12M / Series C
May, 2008$4M / Series D
Jan, 2008$650k / Venture
Nov, 2007$3.35M / Venture
Nov, 2007undisclosed amount / Angel (Lead)
Jul, 2007undisclosed amount / Series B
Jun, 2007$1.3M / Series A (Lead)
Mar, 2007$2.5M / Series A
Apr, 2006$1.7M / Series A (Lead)
Aug, 2005$1.75M / Series C
Dec, 2004$2.54M / Series B
Feb, 2003$3.4M / Series A

Current Team (15)

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Funds (2)

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AnnouncedNameAmount
Jun 1, 2016PA Fund 1$1.3M
Dec 31, 2016Pasadena Angels$65M

Offices/Locations (2)

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  • Office

    Annandale Golf Club

    1 North San Rafael Avenue

    Pasadena, California 91105

    United States

  • HQ

    2400 North Lincoln Avenue

    Altadena, California 91001

    United States

Past Team (1)

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Past Event Appearances (1)

Images (1)

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