Entrepreneur

Traverse Angels invests in companies from the Michigan/Midwest and Southern California geographic regions with a potential to rapidly scale into market and financial leadership.  This usually implies potential for high growth, a strong market position, via disruptive technology, and a sustainable, long-term competitive advantage.  The network will seek investment opportunities having the following criteria:

• A market opportunity sufficiently large to create a business with at least a $50M to $100M in annual revenue;
• A compelling, well articulated strategy for capturing significant market share;
• Proprietary technology or other strong barriers to entry;
• A strong management team with relevant experience, a successful track record, a desire for advice and coaching and a willingness to listen;
• Generates revenue within 12 months of funding; and
• A company with a valuation that fits within a predetermined risk/reward calculation for the investment.

 Specifically, Traverse Angels will look for situations where the start-up company is seeking approximately $500K to $1.5M in total capital for the round and where the investment will take the company to the next level, thus materially increasing the valuation. In addition, Traverse Angels will look for investments that do not “wash out” their equity position in follow-on rounds of funding.

To submit your Executive Summary for consideration, please fill out the Entrepreneur Application Form.