Halo Report: Angel Group Investments and Valuations Climb in Q1 2014

The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the Q1 2014 national survey of angel group investment activity.

The Halo Report found that median round sizes increased to $980K per deal. When angel groups co-invest with other types of investors however, the median round size dropped to $1.65m (from $1.8 million in Q4 2013).

Pre-money valuations rose to $2.7m, after several steady quarters at $2.5m.

The ten most active angel groups, based on total deals completed in Q1, include (in alphabetic order): Alliance of Angels, Angel Investor Forum, Central Texas Angel Network, Desert Angels, Houston Angel Network, Launchpad Venture Group, Robin Hood Ventures, Sand Hill Angels, Tech Coast Angels and Wisconsin Investment Partners.

At a geographical level, angel groups in the Great Lakes invested more than any other US region, including California.

Speaking about areas of investment, Internet, healthcare and mobile companies comprised 71.5% of all deals while Internet companies received the largest percentage of investment dollars.



Join the discussion