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The first checkbox on the left-hand column says, “Show only Angelsoft Groups.”

An Angelsoft Group is an investment group that utilizes the Anglesoft deal flow management platform as their exclusive means of accepting submissions from entrepreneurs. Angelsoft provides an entire suite of tools for groups to manage submissions from entrepreneurs, communicate, collaborate internally, and work with other groups within the Angelsoft network. 450 of the VC funds and angel groups listed on the Investor Search Engine are Angelsoft Groups. There are another 500 groups listed that are not part of the Angelsoft network.

If you would like an investment group to use Angelsoft, you can have them email us at support@angelsoft.net.

As an entrepreneur, what is the advantage of applying to an Angelsoft Group?

  • Entrepreneurs only need to fill out a single application to apply to every Angelsoft Group. The Angelsoft application is similar to the Common Application process for colleges.
  • When an entrepreneur submits to an Angelsoft Group, a deal room is created in that investor’s account. The deal room includes the entrepreneur’s application, the documents they have uploaded, and a full collaboration suite for investors. This keeps the deal organized and increases the chance of funding.
  • Angelsoft groups provide activity statistics, allowing entrepreneurs to make an informed decision about which investment group they want to work with. Angelsoft Groups are committed to making the funding process more transparent. Most groups allow us to pull live activity statistics, such as their average response time, from their Angelsoft account. These stats are displayed with each search result.
  • Entrepreneurs receive feedback every step of the process. Once entrepreneurs submits to an Angelsoft Group, they receive real-time updates when their plan is viewed and when investors can commit funds. They also receive a listserv e-mail address to communicate with all interested investors.
  • Angelsoft Groups are more responsive to entrepreneurs. Angelsoft is built to remind investors to provide entrepreneurs with the feedback they need, even if it’s to say they aren’t interested.
  • Entrepreneurs have a higher likelihood of closing a round of funding when a single group cannot provide 100% of the capital. Groups can share Angelsoft deals across the network of 15,000 investors. This is common practice when a group is looking to add additional investors to close a round of financing.

Related questions:
How does applying to a non-Angelsoft Group work?

Jason D. Schwartz :: Mar.08.2009
Entrepreneur, FAQ