I mentioned a few weeks back that we were conducting some in-depth research on Angel Investing. Well, on Tuesday, we shared some more information with the world as the Utah Valley Entrepreneurial Forum asked us to speak on the “State of Angel Investing in Utah.”
Here are a few highlights of the presentation:
- 60 active angel investors surveyed
- The economy significantly affected angel investing as of November 2008
- Average number of angels/deal = 4.26
- 72% of investments had a pre-money valuation between $750k and $3M
- 85% of angel investments were less than $1M
- 55% of investments were in software/technology/SaaS deals
- 65% of investments were some type of preferred equity
Intrigued? Feel free to download the “State of Angel Investing in Utah” via PDF. Please make appropriate attributions.
DISCLAIMER: This data is still very early in the process. We are still collecting data and I am definitely not a statitician.