Sand Hill Angels

Overview

Sand Hill Angels is a group of Silicon Valley angel investors committed to supporting early-stage technology companies. With over 25 years of experience, they focus on seed to B stage investments in disruptive, scalable technologies, providing essential funding, mentorship, and connections for success. Their members are experienced technology entrepreneurs, business leaders, and angel investors who are interested in investing and mentoring. They collaborate with venture capital firms, other angel networks, and the Bay Area ecosystem to nurture technology startups. Their sweet spot is companies that value patient capital and the long-term support that their extensive networks can provide. Through their network, entrepreneurs can leverage their members’ relationships to access customers, channels, service providers, and other connections needed by growing startups. Sand Hill Angels is primarily a member-driven organization, overseen by a Board of Directors elected from the membership, and funded through membership fees and partnership agreements. Most of the deal-related work is managed by members. Members make independent investment decisions, and Sand Hill Angels does not operate a fund, share in the profit of member investments, or charge presenting companies any fees. They prefer to invest in companies located in North America to promote active engagement with their portfolio throughout the early stages of development. Sand Hill Angels typically does not invest internationally, except in special circumstances. They do not invest in real estate deals. They make investments in multi-class LLCs that aggregate the interest of Sand Hill Angels members in the deal. As a result, their investment appears as a single entry in the company’s cap table. Their typical investment ranges from as little as $50,000 to more than $2,000,000. They prefer to invest in priced equity rounds, though they also invest in convertible notes or SAFE notes when appropriate.

Investment Focus

• Companies with a developed product that is in alpha/beta stage or delivering revenue
• Significant customer relationships
• Plans for growth that may require venture capital financing