CommonAngels invests solely in early stage digital media, mobile, software, SAAS, Internet-based, cloud, and other information technology related companies. These include businesses with modest-capital requirements for hardware or infrastructure such as robotics, semiconductors and communications.
We target preferred rounds typically around $1.5M for companies at beta-stage around go-to-market located in the greater Boston area, New England and New York City, in all the above categories. In this process, we are typically the lead investor and we draw upon the expertise of the CommonAngels network and have a deep relationship with the entrepreneur in the overall company and capital strategy. We usually syndicate these investments, playing an active lead role, with other angel investors, strategic investors, and venture funds.
We also make seed investments, mostly in Internet-enabled or mobile companies focused on consumers or small-to-medium businesses at alpha stage to prove market validation. These rounds range from $250K-750K where we are a small, less-involved player.