On March 8, The Angel Resource Institute, Silicon Valley Bank and CB Insights released the first Halo Report, which analyzes early-stage investments by angel investment groups. Of particular note: In 2011, California accounted for 21% of the deals and 29.8% of the funds invested.
Other noteworthy findings:
- Median angel group rounds size grew to $700,000, an increase of 40% over 2010.
- 58% of angel group investments were in healthcare or Internet companies.
- 60% of healthcare investments were in medical device or equipment companies.
- The most active angel groups were Tech Coast Angels (Southern California), Band of Angels (Silicon Valley), Golden Seeds (New York, Boston and San Francisco), Central Texas Angel Network (Texas) and Launchpad Venture Group (Boston).
Dana H. Shultz, Attorney at Law +1 510 547-0545 dana [at] danashultz [dot] com
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