Ohio TechAngels Fund

Other Ohio, United States ·Founded 2004

Overview

Ohio TechAngels Fund (OTAF) is a leading angel investor group dedicated to supporting early-stage technology companies in Ohio. The fund focuses on sectors such as information technology, advanced materials, and life sciences, aiming to commercialize innovations in these fields. With over 340 high-net-worth accredited investors, OTAF has become one of the largest angel networks in North America. The fund's mission is to 'Turn great ideas into prized companies to build entrepreneurial wealth.' OTAF's investment strategy involves providing initial investments of $325,000, with the potential for follow-on investments of up to $175,000. The typical round size ranges from $750,000 to $2.5 million, often involving syndication with other investment partners across Ohio and the Midwest. The fund has a strong network of collaborators and partners, including the Ohio Third Frontier Program, which co-invests in the funds. This collaboration enhances OTAF's ability to identify and support high-potential startups in the region. Since its inception, OTAF has invested in numerous companies, contributing to the growth of Ohio's entrepreneurial ecosystem. The fund's portfolio includes companies that have achieved positive exits and others that continue to operate successfully, generating significant annual revenues and employing a substantial workforce. OTAF's commitment to fostering innovation and supporting entrepreneurs has solidified its reputation as a key player in Ohio's venture capital landscape.

Investment Focus

  • Ohio-based C-Corporations
  • Focus on IT, advanced materials, or life sciences sectors
  • Demonstrated commercial feasibility by revenue generation

Portfolio Companies

MentorcliQNeuros MedicalComplionRapChat3Bar BiologicsSupply DynamicsWiretapSpirometrixEduSourcedCapture EducationInmoblynChannelGreat Lakes PharmaceuticalsSironRX TherapeuticsEndosphereSparkBaseMinimally Invasive DevicesCardioxZnodeCaster Ventures

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Frequently asked questions about Ohio TechAngels Fund

What sectors does Ohio TechAngels Fund invest in?

Ohio TechAngels Fund invests in Life Sciences, Information Technology and Advanced Materials, and is based in Ohio, United States. Ohio TechAngels Fund is listed as a other in the ConnectSafely investor database.

What stage does Ohio TechAngels Fund invest at?

Ohio TechAngels Fund backs companies at Seed, Early Stage, Series A and Series B, writing cheques of 325K - 2.5M.

Which regions does Ohio TechAngels Fund invest in?

Ohio TechAngels Fund invests across United States.

What companies has Ohio TechAngels Fund invested in?

Ohio TechAngels Fund's portfolio includes MentorcliQ, Neuros Medical, Complion, RapChat, 3Bar Biologics, Supply Dynamics, Wiretap and Spirometrix.

Last updated · Source: ConnectSafely investor database