Ecoast Angel Network

The group's focus is on early-stage companies involved with advanced technology, e-commerce, healthcare, and industrial products and services, principally located in the New Hampshire coastal region. The group is most interested in companies requiring $250K-$2 Million at pre-money valuations of less than $5 Million, who have a credible multi-option exit strategy and are led by an experienced core management team. There is no dedicated fund, nor are there "cash calls" - members participate in investments at their own discretion. The group maintains strong ties to other investment groups and many of the members have affiliations with early-stage Venture Capital firms. The eCoast Angels has been a leader in promoting best practices and encouraging cooperation between regional angel groups. We are a charter member of the Angel Capital Association, North America's professional alliance of angel groups. The eCoast Angels prefer early stage deals and the group is typically the first professional investor into a deal. As such, we prefer to work directly with entrepreneurs and not through incubators or hired fundraisers. We are pleased to accept referrals from Law Firms and other professional service providers, but will not deal with the company through them. Members have invested in several companies since the network's inception, organizing syndicated angel investment of over $22 Million, driving nearly $50 Million in Venture Capital investment to companies that support hundreds of employees in the region. In keeping with the group's purpose, we have offered advice and counsel to many companies that were not funded by the network. In fact, several of these companies have gone on to receive funding based on the network's referrals.