Entrepreneurs

Atlanta Technology Angels > Entrepreneurs

entrepreneurs

We realize there are many choices you can make in seeking investors, and we appreciate you considering the ATA as your source for early stage capital.

Below we outline information about the type of ventures in which our Members typically invest, the things we look for in any good pitch, and then a bit about our monthly screening processes and how you can apply for funding with the ATA.

Member Interests

ATA members invest in Southeast-based companies that make use of technology and have the potential to scale rapidly into market and financial leadership with high potential to provide an exit within three to five years. This implies a company that has a potential for high growth, with an experienced team, a protectable position in a large or rapidly growing market, and a way to dominate the niche your company plans to address.

ATA members look for situations where capital up to $1 million is designed to take the company to the next level, and materially increase its valuation.

"ATA is a valuable investor in CollectorDASH. With their extensive network in Atlanta, nationally, and around the globe, we have been able to open doors and accelerate our growth. I value ATA's involvement in our company far beyond the dollars they've invested."

Bill Jones
Founder & CEO, CollectorDASH Holdings, Inc.

Making your pitch to ATA Members

Specifically, members look for the following attributes in any business plan:

pitch

Normally, our Members favor companies within a few hours’ drive of Atlanta unless we are syndicating a deal with other regional angel groups.

We generally do not invest in pure concepts, but in companies. The company can be pre-revenue, but should be beyond the concept stage.

Use of Angel Funds

ATA members look for situations where capital up to $1 million is designed to take the company to the next level, and materially increase its valuation. A company must be able to demonstrate how it will use our members’ investment to complete at least some of the following:

  • Next version of product or technology
  • Patent filing (if possible)
  • Multiple product development improvement steps
  • Scaling the sales and marketing process
  • Obtaining a major contract or expanding customers
  • Solidify management and go-to-market team
  • Reduce investment risks by achieving milestones

Monthly Submission & Application Screening Process

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ATA screening committees meet regularly to evaluate applications. Our application process is designed to greatly simplify the coordination of deal evaluation within our group. Be assured that your information will be kept confidential.

"When Mowgli was raising it's seed round, the ATA came in swiftly to fill it out and then some.  A few of the ATA members have been some of our most active and supportive investors.  We've since taken on Series A funding from a strategic partner, but based on our experience we continue to recommend the ATA to entrepreneurs looking for angel funding."

Marshall Seese
Founder & CEO, Mowgli Games

 

ATA Pre-Screening Application:  SUBMIT your application HERE 

All companies are initially pre-screened by our members before they are selected to present to a screening committee

If you are selected to present to a screening committee, you should be prepared for a 10-15 minute overview presentation and a 10-15 minute Q&A session.

Companies that are selected (considered to be “due diligence ready”), will be notified and scheduled to present at a monthly member meeting.  If the group has sufficient interest in pursuing your opportunity, you will be assigned a “deal lead” who will shepherd you through due diligence and investment process.  The interested  members will form an LLC which will be the entity that invests in your company.  That will simplify the process for you, as you will have a single entity (the LLC) to deal with rather than multiple individual investors

Neither ATA nor its members pay finders fees or any similar fees to any person or entity in any way connected with investments made by its members; only members may process investment opportunities.  We also do not charge companies for making presentations to members of the group.

All ATA Pre-Screening Applications MUST be submitted to us via this link:  Submit your application HERE

NOTE:  Do not include confidential information. Neither ATA nor its members sign Non-Disclosure Agreements for initial proposals. If there is sufficient interest, an NDA may be negotiated with individual members at a later time

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