The report found median pre-money valuations continuing to rise for the third consecutive quarter reaching $3m in Q2 2014. Round sizes decreased approximately 40% to $600K over the previous quarter when angel groups invested alone, but rose nearly 20% to $2m when angels co-invested with other types of investors.
The most active angel groups based on total deals were Alliance of Angels, Central Texas Angel Network, Desert Angels, Golden Seeds, Houston Angel Network, Launchpad Venture Group, Maine Angels and Tech Coast Angels.
At a geographical level, angel groups in Texas closed 12% of all deals in Q2, following New England with 16% and California with 19% rounding out the top three regions. The Mid-Atlantic region dominated the share of dollars invested, accounting for 23% of all US angel investments in the quarter.
Sectorally, Internet, healthcare and mobile companies received 73.3% of all angel group dollars.