What is the Seattle Angel Conference?

The Seattle Angel Conference is a recurring Seattle Angel-driven event where the investors create an LLC, engage in due diligence of the applying startup companies, and ultimately pool funds to invest in one of the presenting finalists. The Seattle Angel Conference is the primary method Seattle Angel uses to find and fund new startups. The Seattle Angel Conference is open to any member of the community interested in learning more about both starting and investing in a new business and to hear the investment pitches from the finalists.

The Third Seattle Angel Conference

The third Seattle Angel Conference will occur this May 2013. Date: May 16, 2013 Time: 12:30pm – 6:00pm Location: Hub Seattle, Washington and 2nd Avenue South, Seattle WA 98102

Event Details

The Conference is the culmination of many months of due diligence, review, evaluation, and selection by the investors of Seattle Angel. The Conference is the opportunity for the finalists to make their best pitch for why their company deserves the investment. Anyone interested is welcome to attend the event.

Conference Agenda

Day of May 16th Event Agenda

The Conference Process

The Seattle Angel Conference process runs approximately 2 to 5 months from the time we first accept new entrepreneur applicants to the actual day of the Conference and the awarding of the investment to one finalist. We spend 5-6 weeks in Due Diligence.

Application

Any entrepreneur or company with a great idea for a new startup business can apply to the upcoming Seattle Angel Conference. We are looking for businesses in all sectors. The application to apply can be found here, and must be combined with regisration and payment for the event.

Selection

After initial screening, an extensive due diligence process is performed. Entrepreneurs pitch to the group of investors and receive feedback. The investors form small deep-dive teams to learn more about each entrepreneur’s business and conduct thorough due diligence, both online and in person. A small number of companies are selected to be finalists and present at the Seattle Angel Conference. Each of the finalists has a champion or “deal lead” inside the Investors LLC.

Voting

On the day of the conference, each finalist delivers their investor pitch to Seattle Angel and all other attendees. Once all the finalists have presented, the members of the Investors LLC are sequestered and vote to determine a single winner.

Investment

The winner of the Seattle Angel Conference is publicly presented at the closing of the event with a check for the full investment of the Investors LLC.

The Seattle Angel Term Sheet The Investors LLC will provide investment in the winning company using a convertible note.

Previous SAC Winners

The second Seattle Angel Conference was December 2012. The Winner of that event was Exo Labs. "Connecting microscopes to iPads and iPhones for education and beyond!"

The first edition of Seattle Angel Conference was held in May 2012. For that event, a new group of Seattle angel investors was formed who joined an LLC and committed $100,000 to be invested in the winner of the conference.

May 2012 – Inaugural Conference

Max Baker, CEO, ILLUMAGEAR Inc www.illumagear.com Max Baker leveraged his strong passion for the construction industry to found ILLUMAGEAR, a company focused on building quality products that illuminate workers and consumers making them safer and more prepared in any environment. ILLUMAGEAR’s initial product is The Halo LightTM, a 360-degree light system worn at head-level that produces a ring of light around the wearer enabling him or her to see and be seen in all directions at all times, especially in low light conditions.

Seattle Angel Testimonials

The Seattle Angel Conference is a phenomenal idea and well executed. As a participating company the diligence with the investors and structure really helped us craft our story, in addition to helping us build relationships with a group of early stage angel investors. Robi Ganguly, CEO, Apptentive Working with Seattle Angel and presenting at the Seattle Angel Conference was a real pleasure. Being selected as the winner of the investment was just a part of what I received from Seattle Angel in helping get my company off the ground. Max Baker, CEO, ILLUMAGEAR

If you want to become an angel investor and learn best by doing, Seattle Angel gives you a great way of getting started. It’s a forum to meet like-minded investors with whom to collaborate and identify the startup that's the best choice for our collective investment. Christina Storm, Manager, Investors LLC 2012 Buddy had a tremendous experience. While we had some experience pitching prior to the SAC, the mentorship, community and networking were very valuable, and we'd highly recommend any early-stage startup consider the SAC in their fundraising and network-building efforts. David McLauchlan, CEO, Buddy Platform, Inc.