North Coast Angel Fund V, LLC

Overview

North Coast Angel Fund V, LLC is a venture capital firm based in Shaker Heights, Ohio, specializing in early-stage investments in Business-to-Business (B2B) Software-as-a-Service (SaaS) ventures. The fund was awarded $5 million to invest primarily in Series A funding rounds, targeting early-stage companies in Northeast Ohio and those with potential to relocate to Ohio. The firm's mission is to support innovative startups by providing essential funding and resources to help them thrive in a competitive market. The fund's strategy involves active involvement from its members, who are leading investors, entrepreneurs, and business leaders in the region. These members play a crucial role by generating deal flow, serving on due diligence teams, working with portfolio companies, and participating in the Investment Screening and Executive Committees. This collaborative approach aims to create a supportive environment for portfolio companies, enhancing the performance of the fund and fostering the growth of the local startup ecosystem. North Coast Angel Fund V's focus on B2B SaaS ventures aligns with the growing demand for cloud-based solutions across various industries. By concentrating on early-stage companies, the fund seeks to identify and nurture innovative startups that have the potential to make a significant impact in the technology sector. The fund's commitment to supporting companies with the potential to relocate to Ohio underscores its dedication to strengthening the state's position as a hub for technological innovation and entrepreneurship.

Investment Focus

• Early-stage B2B SaaS companies
• Potential to relocate to Ohio

Portfolio Companies