Band of Angels is Silicon Valley's oldest seed funding organization
We are a formal group of 150+ angel investors who are former and current high tech executives interested in investing their time and money into new, cutting edge, startup companies. We've seeded over 277 companies in our history with 55 profitable M&A exits and 10 IPOs. Band members have founded companies such as Symantec, Logitech, and National Semiconductor and have been senior executives at the likes of Sun Microsystems, Hewlett Packard, and Intuit.
The Band meets monthly to formally consider 3 startups selected from among the more than 50 that are screened each month by the Band deal selection process. Entrepreneurs can expect a thorough examination and, occasionally, an investment from some of Silicon Valley's most accomplished entrepreneurs.
Most of the Band's investments receive mentoring and guidance from Band members. The industry-specific Special Interest Groups (SiGs) meet monthly, we regularly hold accelerator office hours, and Mentor Day is a key annual event where startups receive one-on-one mentoring.
The Band meets monthly to formally consider 3 startups selected from among more than 50 that are screened each month by the Deal Selection Process. Band members collaborate in the due diligence and invest as individuals. The Band has a sidecar fund, the Acorn Fund.
The Band works well because of the exclusive and experienced nature of its membership. Band members are generally successful high technology founders or executives, are accredited investors, and have an interest in mentoring and investing in high-risk startups.