757 Angels, a top 10 angel group in North America recognized by the Angel Capital Association, is offering a 757 Angels Funding Opportunity aimed at start-up and early-stage companies. Over the past five years, 757 Angels has invested over $65M into these types of companies, resulting in nearly 600 high-paying jobs and significant boosts to Virginia’s economy. The group is currently accepting applications for their next funding cycle, demonstrating a commitment to continued investment in innovation and economic success, despite the challenges presented by the 2020 downturn. The application deadline is January 13th.
Recognition by Angel Capital Association
Monique Adams
757 Angels
moniqueadams@757angelsgroup.com November 10, 2020
Norfolk, VA – For the second year in a row, 757 Angels has been recognized by the Angel Capital Association as a top 10 angel group in North America based on dollars invested.
Angel Capital Association Overview
The Angel Capital Association (ACA) is the largest association of angel investors in the world, with 260 groups and over 14,000 members. Its members include many of the leading angel groups in the world.
Angels Funder’s Report
In its recently released Angels Funder’s Report, 757 Angels was honored to be recognized alongside some of the largest and most respected groups in the US and Canada, including California’s Tech Coast Angels, Chicago’s Hyde Park Angels, New York Angels, and Canada’s Angels.
Impact of 757 Angels
Over the past 5 years, 757 Angels has invested over $65M into startup and early stage companies, resulting in the creation of nearly 600 high paying jobs making a significant difference to Virginia’s job market and economy. Nancy Grden, Chair of the Board of 757 Angels notes,” We are proud to be among the top 10 angel groups nationwide by total amount funded in 2019, and our members continue to invest in 2020 despite the downturn. Now more than ever our entrepreneurs need continued access to capital, fueling innovation and future economic success for their companies and the Region.”
Application for Funding
Applications are open for 757 Angels next cycle. Application deadline is January 13th. Apply for Funding
About 757 Angels
About 757 Angels
757 Angels was formed in 2015. 757 Angels seeks to catalyze the Hampton Roads economy by supporting investment in the entrepreneurial community. 757 Angels accepts applications from promising Hampton Roads entrepreneurs on its online application site. Applications are reviewed through a standardized process (see 757angelsgroup.com for more information on our process) and our group of over 120 members/investors meets 3 times a year to listen to pitches by 2-3 of the most compelling companies selected from that cycle’s application pool.
Question & Answer
1. What is the 757 Angels Funding Opportunity?
The 757 Angels Funding Opportunity is aimed at start-up and early-stage companies, with over $65M invested in the past five years resulting in nearly 600 high-paying jobs.
2. How is 757 Angels recognized in North America?
757 Angels has been recognized as a top 10 angel group in North America by the Angel Capital Association for two consecutive years based on dollars invested.
3. What is the impact of 757 Angels on Virginia’s economy?
757 Angels’ investments have made a significant difference in Virginia’s job market and economy by creating high-paying jobs and fueling innovation.
