Tech Coast Angels (TCA) created the Angel Capital Entrepreneur Funds I and 2 (ACE FUND) as an investment opportunity to both accredited individuals and institutional investors. The ACE FUND provides investors with the opportunity to participate in a diverse pool of dynamic early stage companies selected utilizing the vast expertise and experience of the TCA and its membership. The ACE FUND focuses on companies with early exit potential providing investors with early liquidity. The ACE FUND also has a very low fee structure relative to other investments in this category.
One of the most important benefits for members of the ACE FUND is access to deals closed to angel networks such as TCA because they may have been oversubscribed, or are from geographic areas not visible to TCA or its partners. Hipmunk, Submitable, and Signnow are three such investments illustrating this.
ACE Fund II is now closed, but we anticipate opening ACE Fund III sometime in 2015. Please email firstname.lastname@example.org to receive any information about ACE Fund III.
View the ACE Fund II PPT Presentation by Dave Berkus HERE.
Current ACE FUND 1 investments include: Anabios Corporation / Cadence Biomedical, Cognition Therapeudics, ExtendCredit, Inc., H2Scan, Inc., Inhance Media, Inc., Youmail Inc., Swarmology, Inc., Numeria Biosciences, Inc., Social Rewards, Inc., Emerald Logic, Inc., Hipmunk, Inc., SignNow, Inc., Submittable, Inc., Atlas Powered, Inc., SmartSproutz, Inc., Ninja Metrics, Inc., Hitfix, Inc., Savara Inc., and GrounMetrcs, Inc.
Current ACE FUND 2 investments include: Bitvore Corp, Get*This Inc., Enstigo, Inc., TextPower Inc., and Appi II Inc. (ShareDesk).
SOURCING INVESTMENT IDEAS
TCA has an excellent pipeline of potential deal activity that provides the ACE FUND with investment ideas from numerous sources. TCA received over 1,000 funding applications directly from entrepreneurs in Southern California in 2011. Our members are active in the entrepreneurial community, attending and participating in conferences, networking events, entrepreneurial competitions and other venture capital events. This exposure generally makes TCA the first stop for entrepreneurs seeking start up investment capital in Southern California.
Additionally, we receive numerous investment opportunities for review from angel groups across the United States. Our relationship with the venture capital community often gives us early looks at deals from them that fit our investment criteria. Our relationships with the major universities in Southern California provide us access to both potential commercialization opportunities and expertise that is invaluable as we analyze potential investments. TCA also has an excellent relationship with the major economic development agencies in Southern California which are often a referral source of investment ideas. All of these sources keep our deal pipeline full which is critical in creating a high quality diversified pool of investments for the ACE FUND investors.
ACE Fund Deal Review Policy: Members: click here to read.