Investment Criteria
Investment Requirements
Our organization follows NVCA-style investor documents (i.e., Convertible notes, SAFE notes, and Preferred Stock investments with a standard set of investor rights). Any documents that stray from these general guidelines will not gain investor interest.
Valuation
The Nebraska Angels welcome all companies raising their Pre-Seed, Seed, or Series A rounds.
- Entrepreneurs should have an MVP that is built and in the market
- Entrepreneurs should have users and pilots. or recurring revenue for their company
- Entrepreneurs should have a term sheet on hand or a lead investor in place
Average Check Size
The Nebraska Angels is a network of 100+ investors that invest their own money into a company. In aggregate, the members of the Nebraska Angels typical investment totals $120,000 to $545,000+.
Location & Industry
Location Preference: Startups in the Midwest Region
Industry Preference: Agnostic
Additional Considerations
- Large or rapidly growing market opportunity that could provide investors with a 10x+ return on investment within a 3-5 year period.
- The company has a unique solution to the market problem that will give it a significant advantage against competitors and alternative solutions.
- The team is highly experienced, driven and coachable. For companies focused on software, there must be at least one team member with development skills/experience.
- The company has at least a small customer base, the revenue model is developed and the team understands what the market can bear.
- The start up requires $100,000 to $1,000,000 in outside capital to fuel the current growth, and that will allow the company to achieve at least 12-24 months of sustained operations.
