Month: May 2013

Angel Investment Network’s Weekly Funding Roundup

Here’s a roundup of some of the recent seed-stage and angel deals from around the world:

  • Stamplay, a startup that is developing a platform to allow ad agencies and designers to quickly build web applications, raises seed funding
  • Huggity, developer of a new Post Event Marketing Tool that allows brands to extend their exposure, has secured a €600,000 investment
  • Imonomy, whose software allows you to automatically add images related to your content, has closed $400,000 angel funding
  • Neurotrack, whose technology can diagnose the onset of Alzheimer’s Disease 3-4 years before symptoms occur, gets $90,000 angel funding
  • Erply, a startup that makes iPad-oriented & cloud-based point of sale & inventory management software for retailers, gets $2.15M funding
  • Erply, a startup that makes iPad-oriented & cloud-based point of sale & inventory management software for retailers, gets $2.15M funding
  • Fandium, a mobile app for sports fans that aggregates hashtag & geo-specific content from social media channels, raises $1.25M seed funding
  • Delicious Bakery, an Ireland-based company that specialises in gluten, dairy, yeast and wheat free products, has €175,000 angel funding
  • Adly, a startup that connects advertisers with celebrities willing to post promoted messages on social networks, has raised $2 million funding
  • SimpleRelevance, a platform to help businesses create and send highly-targeted marketing emails, has raised $1 million seed funding
  • Nivaata, a technology solution provider in the area of secure, automated mobile communications, raises funds from Blume Ventures & angels
  • Unicommerce, a SaaS based order management and fulfillment platform provider, has received funding from Nexus Venture Partners
  • Socialblood, a social network that brings together blood donors and recipients, raises funding from prolific angel investors
  • Windmill Health Technologies, a Delhi based technology startup that focuses on making healthcare cheaper, attracts seed funding
  • Spanish startup Ticketea, the leading DIY ticketing platform in Spain, has raised $4 million Series B funding
  • Kick Sport Ltd, one of the UK’s leading online martial arts retailers, has received a £250k cash injection
  • Vigour.io, a development platform to build connected applications that run on any device, has raised 500,000 euros seed funding
  • Viss, an app that offers a great way to inspire, discover and shop different looks every day, receives angel funding
  • Undo Software, which produces commercial software development solutions for Linux, has attracted funding from Cambridge Angels
  • LoyalBlocks, a provider of loyalty marketing solutions for small businesses, has received $9 million Series A funding
  • Urturn, a social startup focused heavily on the music and entertainment industry, has received $13.4M funding led by Balderton Capital
  • Learnhive, a platform to organize and share learning materials for K-12 education, has $400K from angel investors

To get regular updates, come follow us on Twitter: https://twitter.com/angel__network or register for our blog at https://www.angelinvestmentnetwork.netwp-login.php?action=register.

Have you managed to raise capital for your company?  We always love to hear from entrepreneurs who manage to get funded.

Or are you looking to raise funding?  Send me a summary of your project at mike@angelinvestmentnetwork.co.uk and we’ll try to help.

Infographic – Statistics on Capital for Entrepreneurs – VC and Angel Funding in the US by Race, Age and Gender

A study conducted by CB insights has revealed a lot of details about VC backed companies across the country. The focus of the study was on the three largest players in tech startup; New York, California and Massachusetts.

Key Stats

40% of funded companies have two founding members, and they raise 19% more money on average than companies with one or three founders. A common scenario is one founder focuses on the technical and product side of the business, while the other handles more of the business and marketing. A two founder company has the advantage of a greater depth of knowledge, while still keeping decision making simple compared to larger teams.

Founding teams based in California, raise more money than the other two states. On average 67% more than teams in Massachusetts and 59% more than Nee York based teams.

On average, all Asian teams raise:
• 74% more than all white teams
• 82% more than mixed teams
• 207% more than all black teams

Founders According to Race and Gender

Most founders are white males, but on average Asians receive more funding. Massachusetts has a higher percentage of women founders, compared to New York and California.

Median Funding Received by Race:
• Asian Pacific – $4 million
• All White – $2.3 million
• Mixed – $2.2 million
• All Black – $1.3 million

Median Funding Received By Gender:
• All Male – $2.2 million
• All Female $2.2 million
• Mixed $4 million

Age and experience factors

Older age does not automatically translate into more funding. What is rewarded is more experienced founders.

Median funding Received by Age Range:
• 35-44 ($2 million)
• 26-34 ($2.5 million)
• 45-54 ($2.4 million)
• 18-25 ($1.4 million)

Former Titles and Roles

An interesting statistic is the breakdown of the previous job title and job role of founding members.

Former Title Breakdown:
• Other role – 46 %
• Sales & marketing – 13 %
• Product development & management – 12 %
• Engineering – 11 %
• Business Development – 8 %
• Software – 6 %
• Strategy – 4 %

Former Role Breakdown:
• CEO/Founder – 39 %
• Other title – 28 %
• Director – 10 %
• Vice President – 9 %
• Senior Vice President – 5 %
• Manager – 5 %
• Consultant – 4 %

Angel Investment Network’s Weekly Twitter Roundup

Angel Investment News:  

Business Plans & Pitching:

Fund Raising:

Marketing & Social Media:

Start-Up & Entrepreneurship:

To stay updated, come follow us on Twitter: https://twitter.com/angel__network or register for our blog at https://www.angelinvestmentnetwork.netwp-login.php?action=register.

Read anything interesting? Feel free to add links to any articles or resources you’d like to share with the angel community.

Or are you looking to raise funding?  Send me a summary of your project at mike@angelinvestmentnetwork.co.uk and we’ll try to help.

Angel Investment Network’s Weekly Funding Roundup

Here’s a roundup of some of the recent seed-stage and angel deals from around the world:

  • Funding Profiles, an enterprise finance software provider, has received seed funding from an undisclosed Facebook executive
  • Luvocracy, a social marketplace where people can buy products recommended by friends and other tastemakers, raises $11.5M venture capital
  • Ringadoc raises an additional $700,000 seed funding to help doctors streamline communication with patients (total round = $1.9M)
  • EdgeSpring, an enterprise business intelligence and analytics startup, announces $11 million Series A funding
  • AutoRef, s startup that makes it easy to find and buy used cars, has raised $850,000 in seed funding
  • MessageMe, a messaging app that lets you send more than just text messages over your mobile phone, raises $10M Series A funding
  • Rainmaker, a learning, content and test management company focused on India’s legal ecosystem, has raised $3M seed funding
  • Argus Labs, the Belgian company behind soon-to-launch mobile virtual assistant Jini, has closed €500,000 angel funding
  • BitInstant, an online platform for buying and selling Bitcoins, has raised $1.5M seed funding led by Winklevoss Capital
  • OpenGeo, a company working to build the best open source web-based geospatial technology, lands $3M Series A funding from Vanedge Capital
  • TheMadVideo.com, a San Francisco, CA-based provider of an interactive video platform, raises $500k seed funding
  • Wishpoint Tech Pvt Ltd that runs a price comparison portal in India called ShoppingWish.in has raised angel funding
  • Sensopia has raised $1.2M Series A funding for MagicPlan, an app that can automatically measure, draw and publish a floor plan
  • Newsle, a cool tool that shows you when your friends show up in news stories around the net, has raised $1.65M Series A venture capital
  • HasOffers, a company offering tools to help companies track the performance of their online ads, scores $9.4M Series A funding
  • Weemo, who is transforming the global communications industry with its cloud based videoconferencing, has raised a $3M investment
  • Postmaster, a startup that aims to simplify shipping and parcel tracking through an easy to use REST API, has raised $600,000 seed funding
  • Orchestrate, which provides a single API through which customers can send data from multiple databases, has closed $3M seed funding
  • Slyce, a visual recognition purchasing platform, raises $3.75M in an oversubscribed seed funding round
  • Brightpearl, the cloud software provider for multichannel retailers, has raised $8 million Series B funding
  • Uncovet, a startup that wants to be the recommendation engine for indie designer clothing and accessories, has raised $1.3M funding
  • Swipely, the simple way for local merchants to accept payments, understand customers and grow revenue, attracts $12M Series B financing
  • Cloudscaling, the leading provider of on-premise elastic cloud infrastructure solutions, closes $10 million Series B Funding
  • Runscope, a developer of tools for developers building API-driven mobile and web applications, lands $1.1M seed funding
  • PopExpert, a learning marketplace that lets students connect with experts in one-on-one video chats, has raised $2 million seed funding
  • CultureAlley, loud-based online language learning platform, has raised a seed round from Mumbai-based early-stage VC fund Kae Capital
  • UpOut, a service which helps people discover fun events and activities happening near and now, has raised $850,000 angel funding

To get regular updates, come follow us on Twitter: https://twitter.com/angel__network register for our blog at https://www.angelinvestmentnetwork.netwp-login.php?action=register.

Have you managed to raise capital for your company?  We always love to hear from entrepreneurs who manage to get funded.

Or are you looking to raise funding?  Send me a summary of your project at mike@angelinvestmentnetwork.co.uk and we’ll try to help.

 

Angel Investment Network’s Weekly Twitter Roundup

Angel Investment News:

Business Plans & Pitching:

Fund Raising:

Marketing & Social Media:

Start-Up & Entrepreneurship:

To stay updated, come follow us on Twitter: https://twitter.com/angel__network or register for our blog at https://www.angelinvestmentnetwork.netwp-login.php?action=register.

Read anything interesting? Feel free to add links to any articles or resources you’d like to share with the angel community.

Or are you looking to raise funding?  Send me a summary of your project at mike@angelinvestmentnetwork.co.uk and we’ll try to help.