My Angel Investing Criteria
I’m interested in:
Sustainability + Impact
Healthcare
Education
Creator economy
Novel use of physical space
The right founder(s)
I would back the right founder on any idea. I’m also part of the Green Angel Syndicate for UK sustainability investing. I run a microgrants programme (£1K grants for positive impact) and you can find out more on more interests in my blogs, podcast and newsletter.
I’m at the pre-seed or seed stage and my deal size is typically £5K to £50K (most likely on the smaller side). I give a decent amount of constructive advice as a backer and during due diligence.
When you pitch, I like to see a 1 - 2 page investment memo with a supporting slide deck.
The deck should have:
Your Mission - The purpose of your company
The Problem - What are you solving for the customer
The Customer - Who are they
The Solution - What you have created and why now
Market Landscape - including competition, trends, etc. What do you do that others haver overlooked?
Business model - how users translate to revenue. Actuals, plans, hopes.
Current Status - list key stats / plans for scaling and future customer acquisition.
Team - who you are, where you come from and why you have what it takes to succeed.
Financials and Fundraising - Include what you have already raised and what you are planning to raise now. Any financial projections may go here as well. Any summary product roadmap on how you will use the money. Any committed investors. What % holding in the company.
Summary - 3-5 key takeaways (market size, key product insight, traction)
(Summary adapted from YC) You should read Y-combinator advice, and review Y-combinator start-up school material and the essays of Paul Graham. I view these as foundational start-up resources.
I have angel investments in:
Wholegood A sustainable fruit, vegetables and organics product wholesaler. Supplier to major grocery retailers, some direct to consumer. Packing, waste, travel etc. are all looked at sustainably. If you are in the UK, try them out! You can try them via Ocado, FarmDrop or a London delivery.
Job created: 100+ | Impact: sustainable processes, packing and business model.
Golden Carousel + Hot Knife: Media and Animation production companies with a focus on stories from untold voices. Run by Chi Thai.
Job created: 1+ | Impact: Diversity, marginalized voices.
UnBound Crowd sourced books with a direct publishing model. Enables minority voices easier access to publishing (eg Good Immigrant) as well as trending on the passion economy.
Job created: 20+ authors supported| Impact: Diversity, marginalized voices; creator economy
Interintellect Salon hosting network with a focus on a new generation of public and private intellectuals.
Job created: 3+ Hosts supported | Impact: Education; creator economy
Cuckoo Simple, cost effective broadband access in the UK. No contract. Simple Switching. If you are in the UK and thinking of switching this is a simple no ties solution, in what turns out to be an incumbent market with poor customer service.
Jobs created: 8+ | Impact: Technology connection
Thrift+. High-end second-hand clothes and goods shop (online). The social venture has positive purpose and charity partners.
Jobs created: 20+ | Impact: Sustainable Goods
Green Angel Syndicate UK based syndicate and EIS fund manager looking at private impact investments (mainly seed, VC, growth equity with a EIS/SEIS and UK focus).
Jobs created: 5+ | Impact: Sustainable Investing
Storm Harvester. Environmental and water management. StormHarvester links civil infrastructure such as valves, pumps and floodgates to a highly accurate short to medium term rainfall runoff prediction. Improves management of water systems.
Jobs created: 10+ | Impact: Sustainable Water
Hypo-Stream. Orphan Drug treatment for severe burns. Phase 2 trials suggests treatment improves mortality of severe burns patients.
Jobs created: 2+ | Impact: Saving lives
Elexsys Enabling Smart grids. eleXsysis an advanced power electronics device integrating a suite of artificial intelligence (AI) proprietary software applications enabling next-generation two-way smart grids.
Jobs created: 8+ | Impact: Greening the grid
QLM Technology QLM provides camera systems that continuously visualise and quantify greenhouse gas emissions.
Jobs created: 8+ | Impact: Greenhouse gas emissions tracing
LeafWild Cafe (investment loan closed out): Vegetarian local, west London Cafe. Helped provide bridging finance for a local cafe run on sustainability principles.
Jobs created: 5+ | Impact: Sustainable Processes at local cafe