WE PROVIDE VALUE-ADDED CAPITAL
Acadiana Angel members will invest in the seed or Series A financing rounds of companies based in Acadiana or Louisiana that are in dynamic growth markets, have strong value propositions, a sound business plan, and a strong management team with deep market knowledge. We only seek companies that have the potential to scale regionally, nationally or internationally and that have a clear path to exit. We avoid lifestyle businesses and capital intense businesses..
Our network has a fast and efficient seven stage deal process designed to help our members make sound investment decisions as well as provide valuable feedback to founders and entrepreneurs, whether or not our members invest in the company.
Acadiana Angel members will invest in the seed or Series A financing rounds of companies based in Acadiana or Louisiana that are in dynamic growth markets, have strong value propositions, a sound business plan, and a strong management team with deep market knowledge.
1. Product, Service, or Technology
- Explain what the company does.
- How idea was formed?
- Stage of development (prototype, ready for market, in market, etc.)
- Key people.
- Are any non-owners under contract, non-compete, etc.
- Background and experience
- Current customers.
- Potential customers.
- Who or what will compete?
- What makes this company better?
5. Intellectual Property (if applicable)
- What IP is associated with offering?
- At what stage if applied for?
- Owner of IP?
- Current financial statements (if applicable).
- Projected financial statements – Year 1 -2 monthly, Year 3 -5 annual.
7. Exit Strategy
- How long?
- Potential buyers?
8. Valuation & Offer
- What will invested dollars be used for?
- How did you arrive at value of company?
- What do investors get for investment?
If you were chosen to pitch at one of our monthly meetings, this is the information that should be included in your pitch deck.DOWNLOAD
We only seek companies that have the potential to scale regionally, nationally or internationally and that have a clear path to exit. We avoid lifestyle businesses and capital intense businesses.
7 Step Process
01 Submit Application
If you feel your company could be a good fit, we invite you to visit our ProSeeder page (LINK) to submit your company for consideration. You will need to complete a brief application that details your management team, customer problem, solution, market, etc. along with uploading an Executive Summary, Investor Pitch Deck, and a Video (if you have one).
Applications will be rated by our Prescreening Committee. If the components of the business show potential, the company will be invited to a Network Screening Committee meeting.
Each month a number of companies are invited to present to our Network Screening Committee. Companies make a 10-minute presentation followed by 10-15 minutes of Q&A. Committee members rank companies based on seven categories: Management, Market, Product, Traction, Business Model, Advisors, and Value to the Local Eco System. The companies scoring the highest will be placed into a pool from which companies will be invited to present to the full Acadiana Angel Network member at our monthly member meeting.
04 Member Presentation
Each month select companies are invited to present the entire Acadiana Angel Network Member base. The selected companies will deliver a 10 minute presentation and then answer questions from the audience. If there is enough member interest, the Network will initiate a 30-60 day Due Diligence process.
05 Due Diligence
The Network has four standing due diligence teams which will conduct a deep dive analysis of four critical components of the company’s business model: Management, Market (Trends, Pain, Customers, Competition, Go to Market Strategy, Pricing, Scalability), Product/Technology (IP/Rights/Regulatory Approvals), and Financials. The company should expect to provide materials and time to this process, which lasts 30 or more days.
06 Capital Commitments
If there is sufficient member interest after Due Diligence, those members having interest in investing in the company will secure a lawyer to either craft and deliver a term sheet to the company or to review the company’s term sheet if a term sheet exists. Once the term sheet has been successfully negotiated, closing documents will be crafted and agreed upon, capital will be secured and the closing will occur. Closing is the event when all points of agreement will have occurred and capital is actually transferred into the company’s account.
07 Post Deal Stewardship
Founders and investors will work together to make the company a success.