ACA Angel Funders Report 2024: More Data + Industry INsights and Real Stories

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Investment Criteria

1. The business has been funded by a Lead Investor (VC, Angel Group).
2. The leadership team is diverse and/or the business offers significant social impact.
3. The valuation is reasonable and defensible.
4. The business is significantly scalable to become a $25M+ enterprise.
5. The business has proven product/market fit, demonstrated by financial traction in the market.
6. The business is supported by a strong leadership team (i.e. not a sole founder).
7. The founding team has a vision for an “exit.”

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A fund dedicated to supporting early stage companies with a focus on diversity and equity, while increasing the number of active women investors in Connecticut and beyond.