About Us

Welcome

The New York Angels is one of the longest running active angel groups in New York City and has invested over $45 million in entrepreneurial ventures. The group is an independent consortium of over 75 individual accredited angel investors. The New York Angels typically invest $100,000-$1,000,000 in seed/early stage companies, and syndicate deals with angel group partners and VC’s up to $2 million. Because of the vast experience of the membership, the group is receptive to a wide variety of industry sectors. The strength of the group is its ability to pool its money to make large investments, to mentor entrepreneurs to help them achieve their goals, and to make introductions that can accelerate growth.

New York Angels is not a fund and does not invest as a group. Our members collaborate on due diligence but make individual investment decisions. Each member makes their own thorough review of all information, including speaking with representatives of the company.

New York Angels is a New York State Non Stock Corporation whose primary business offices are located in New York City, and is managed by a small professional staff supervised by a Board of Directors elected by the membership.

The New York Angels meet monthly, excluding August, to screen and evaluate prospective deals.

Local Involvement

The New York Angels have made a personal and professional commitment to the ongoing development of the entrepreneurial ecosystem in New York City. This includes mentoring exciting local startup companies and lecturing and speaking on educational panels across the metropolitan area. It also includes deep relationships with the NYU Stern School of Business, Columbia Business School, Baruch College, Pace University, and the InSITE student counseling accelerator program. At these schools, New York Angel members participate in the annual business plan competition and also offer a “Future Angels” program for select business school students. Future Angels are carefully selected business school students who act as interns for the New York Angels. They get an opportunity to network with the Angels, attend meetings, and participate in due diligence. Additionally, the Angels work with the growing number of incubators in NYC.

History

The New York New Media Association (NYNMA) was a not-for-profit industry association founded in 1994 to support and promote the new media industry in the New York metro area. At its height NYNMA's membership soared to nearly 8,000 individuals representing 2,500 companies with members representing the entire business spectrum.

In 1997 the organization facilitated the creation of an Angel Investor Program to match promising entrepreneurs with experienced Angel Investors. By the time the Internet boom peaked, the NYNMA Angel Investors Program had provided more than $10 million in seed funding for over 30 new media companies, including content, hardware, software and ASP models.

In January, 2004, the Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industry, took over the bulk of NYNMA's operating programs, and the members of the NYNMA Angel Investors Program reformed the angel group as an independent investment organization with an expanded staff and more focused purview. In January of 2004, the 30 members of the former angel program, joined by a considerable number of fellow investors and with the blessing of SIIA, established the New York Angels, and re-dedicated themselves to vigorously investing in early-stage technology and new media companies in the New York City area and accelerating them to market leadership.

Members

New York Angels is an investment group of over 75 members. Our members are entrepreneurs, CEO's, venture capitalists and business leaders who have funded and built world-class companies. We mentor and coach the entrepreneur in whom we invest, serve on their boards, provide contacts and assist with team building, strategic planning and fundraising.

Our members collaborate on due diligence but make individual investment decisions and understand that investments in early-stage, privately-held ventures are risky and can be highly illiquid. Each member must make their own thorough review of all information, including speaking with representatives of the company. It is the member’s responsibility to make their own investment determination based on their independent evaluation.

The best way to learn more about the New York Angels is to meet some of our members

Contact Us

If you would like to contact the New York Angels, please send correspondence to the following:
1515 Broadway
11th Floor, Suite 1169
New York, New York 10036
Phone # (212) 520-4313.
For more information contact us at info@newyorkangels.com

Entrepreneurial Resources

Before submitting your business plan, we recommend that you do research to maximize your potential for success. It is highly recommended that you do research to determine what capital options are available and how best to prepare to have success raising money.
The New York Angels sponsors an educational series that is open to investors and entrepreneurs. In order to learn more about the next presentation go to: www.meetup.com/NY-Angels

The following is a list of books, links and articles compiled by the New York Angels members.
4 Steps to the Epiphany by Steven Blank
Reality Check by Guy Kawasaki
Attracting Capital from Angels by Brian Hill and Dee Power
Term Sheets & Valuations - A Line by Line Look by Alex Wilmerding
Definitive Guide to Raising Money from Angels by Bill Payne The Seven Deadly Sins of Powerpoint Presentations
Angel Capital Association: www.angelcapitalassociation.org
Kauffman Foundation: www.kauffman.org
Entrepreneur Magazine: www.entrepreneur.com
Wilson and Sonsini www.wsgr.com Go to entrepreneurial services
New York Angels Chairman David Rose video on pitching VC's: http://www.ted.com/talks/lang/eng/david_s_rose_on_pitching_to_vcs.html
Term Sheets&Valuations - A Line by Line Look by Alex Wilmerding
Definitive Guide to Raising Money from Angels by Bill Payne