Once your company has received funding, this tool helps track your deal terms. You can also track the percentage of your company owned by each investor.
Who will see the information I enter here?
When an investor commits funds to your company, they will be brought to a similar page where they can enter the amount invested. They’ll be able to see other investors in their group, as well as see how much money has been committed by outside investors (though they will not be able to see the names of those outside their group).
Who can edit this information?
Investors can enter their investment amount, which will automatically show up on your Investor Relations page. You can edit any information and add investors who have not entered an amount.
Angelsoft is a New York City-based software company dedicated to providing tools to investors and entrepreneurs in the early stage venture space. Our investor tools focus around deal flow management, company communications, group management, and deal sharing.
Your investment data is extremely secure. One advantage of using the Angelsoft platform is a dedicated team that works to keep your data private. Since this is our core expertise, our engineers have designed a system with several layers of security, both physical (network level with firewalls, intrusion protection, database security) and logical (application level security, secure data delivery over SSL). Each entity (VC funds, angel groups, et. al.) lives in its own sandbox, secured from other entities by strict authorization architecture that ensures only authorized users can access your data. The customer has complete control over who has access to their account, and can revoke permission at any time.
Angelsoft is a platform open only to qualified business angel networks and venture capital firms. We provide the software free of charge to angel groups and offer a subscription service to venture capital firms. Pricing varies for venture funds depending on size, starting around 5K per year.
Contact us at support [at] angelsoft.net. Why isn’t sign up automatic? We take the time to get to know every investor group that wants to use our software in order to preserve the high quality of our Angelsoft investor network. Someone from our business development team will get back to you in person to give you a demo, confirm that your group qualifies, and set you up with a trial account.
We provide a series of tools that make it easier for you to keep track of your deals in our “deal log.” You can input data through bulk import, e-mail forwarding, and entrepreneur self-service, or the old-fashioned way: manual data entry (which most VC partners tend to avoid!). Once your data is registered in the deal log, you can build an investment pipeline to move your deals through each step in the investment process while tracking notes on the status of each one. Then, using our simple reporting tools, you can get an overview of which deals you’re working on and what your next steps should be.
Our goal is to minimize the pains of administrative data entry while maximizing the power of reporting so you can spend your time working on deals, not dealing with software.
When an investor finds a deal the or she is interested in, they may “refer” it out of Open Deals and into their group’s Angelsoft account.
When this happens:
The admin of the investor’s group is notified by e-mail. For an angel group this is usually the General Manager. For a VC fund this generally includes all partners.
A deal room is created in the group’s Angelsoft account, which will be used to collaborate internally and communicate with you.
A new application is added to your Application Monitor. You can edit this application and add additional documents. Note: A “referred” deal does NOT count towards your 3-submission limit.
When you apply directly to a group using the Investor Search Engine, the group also has the option to “refer” your deal to another investment group that they think might be interested. They may do the same by referring a deal from Open Deals.
Angelsoft is the industry standard deal-flow management software for VC Funds and Angel Investment Groups. 450 groups use the software as the exclusive means of managing investment opportunities from submission to investment. The Funding Stories page is a current directory of compaines that have been funded by investors using our toolset.
The Investor Search Engine provides access to a database of all of the VC funds and angel groups in North America and a considerable number on other continents. You’ll be able to apply to any of these groups using a single Angelsoft application.
If there’s an investment group that you don’t see listed here, please e-mail us at feedback AT angelsoft.net.
There are five sections of the Investor Search Engine:
First, be sure your location is correctly set in the filters column. Your location should automatically show up here. If it doesn’t, click “change location.” You’ll see all of the groups available in the search engin, sorted by “closest to you.”
Each search result has 3 elements:
a. The investment group name and a link to their full profile, which includes information about their funding criteria.
a. The investment group name and a link to their full profile, which includes information about their funding criteria.
b. Investment group type, location, and submission fee (if any). Fees are set by the investment group and do not go to Angelsoft.
c. Investment group activity statistics, pulled directly from the Angelsoft system. Go here for a full description of each statistic. You may notice that not all of the investment groups display these. You can learn more about that here.
In the left hand column, you can filter out groups that don’t invest in your type of company. All of the available data is described by each investment group. Go here for a full description of each filter.
Once you have filtered down to best investment groups for your funding needs, you can sort those groups using the header on the top of the screen. All of the sortable data is actual investment group activity pulled from the Angelsoft system. Go here for a full description of each criterion. You may notice that not all of the investment groups display activity statistics. You can learn more about that here.
When you click on a search result, you’ll be brought to the selected group’s profile. The profiles contain information that has been automatically pulled from the Angelsoft system as well as data the groups have entered themselves.
This data is all pulled live from the Angelsoft system.
a. Group name and website.
b. Live group activity statistics pulled from the Angelsoft system. Only Angelsoft Groups will display these statistics. Learn more about Angelsoft Groups here.
c. Group location.
This data is entered by the investment group. It includes the type of companies they invest in, as well as a list of their portfolio companies.
This section includes information about individual members of the investment group.
a. The partners in each venture fund and the General Manager of an Angel group are listed here with links to their profiles.
b. If you are currently logged into LinkedIn, connections within the investment group will show up here. This includes 1st, 2nd, and 3rd degree connections.
The Deal Funnel shows the percentage of deals that make it through each stage in the groups process. The Member Industry Expertise section displays individual investors’ expertise. This is a chart of the aggregate expertise for the entire investment group.
You can sign up for an Angelsoft account or log in if you already have one. If you’ve already filled out an Angelsoft application, you’ll be asked if you want to use the same information. You can make edits to your application before submitting it to a group.
This has been released a day early for press. Please hold off all press, blog mentions, and tweets until Monday March 9th 9:00 AM. Thank You!
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.
It would be great if we could show you who was viewing your plan, rating your business, and commenting. Unfortunately if we did this, investors would not be willing to participate in Open Deals. It would subject them up to too much harassment from entrepreneurs who would want to know why the investor wasn’t interested. While it is natural for entrepreneurs to want to know, it would make the investor feel like they couldn’t casually browse deals. We had to make a hard decision here, and decided that anonymous participation was better than no participation.
There are some exceptions to this
When an investor reviews your deal, they can choose to do so anonymously, or share their identity. You will be notified on your Application Monitor and you have the opportunity to provide 1 response. When an investor ‘Refers’ your deal into their own investment group for further review, you are notified on your Application Monitor. You are also provided with an email address that can be used to communicate with the group.
Every VC and angel group in the US can be accessed through the Investor Search Engine. To see a list of groups that actively use our tools, check “Show only Angelsoft Groups:”
By selecting this option, you’ll view only groups that exclusively use Angelsoft to accept deal flow. Many have live activity statistics pulled from their accounts with us. You can also verify any group’s relationship with Angelsoft on their websites.
The stats at the top of your Application Monitor refer to activity on the Promote tool. Activity on direct submissions to groups do not affect these stats.
When you subscribe, your company is promoted in 3 ways. You see statistics on the Investor response to your plan at the top of the Application Monitor.
Open Deals Investor Community
Open Deals is a private community of 16,000 Angelsoft investors used to share deals. Your company is posted alongside companies added by investors. They can browse through deals by criteria such as location, rating, number of views, and industry. You’ll be notified of clickthroughs to your deal on your Application Monitor under “views by investors.” Ratings from investors appear under “investor ratings.” See what the Open Deals community looks like to investors here.
Bi-Weekly Digest Email
When subscribed to the “Promote” tool, your plan will be e-mailed to investors in your area every two weeks. Each e-mail digest includes the 5 closest companies to the investor, and the 5 highest-rated plans in Open Deals. You’ll be notified each time your plan is included in an e-mail to an investor on your Application Manager under “deal digest impressions.” Clickthroughs to your deal are displayed under “views by investors.”
Investor Dashboards
Investors have a dashboard where they manage the companies they’ve invested in. This dashboard includes a real-time feed of the plans being viewed in Open Deals. Investors spend over 2,000 hours per month watching this feed, and nothing validates your company to investors more than seeing that other investors are paying attention to it. Each time your company appears on an investor dahsboard, you are notified on your Application Monitor under “investor dashboard impressions.”
The stats at the top of your Application Monitor refer to activity on the 
