As a vibrant, growing organization, Desert Angels welcomes new members. If you are an accredited investor with an appetite for helping early-stage companies succeed, we’d love to get to know you better at one of our upcoming dinner meetings which are typically held monthly. In addition to listening to one or two companies present their investment opportunities, members often hear from nationally recognized speakers including successful entrepreneurs, venture capitalists, and thought leaders in the angel investment community.
We encourage prospective members to join us at a dinner meeting as guests of the organization to learn more about angel investing, meet our existing members, and observe how Desert Angels evaluates entrepreneurial companies. We are confident you will find our meetings to be relaxing and informative.
Under federal law, only Accredited Investors may become members of angel investment groups, including the Desert Angels. Accredited Investors are defined as individuals who have an individual net worth, or joint net worth with a spouse, of at least $1,000,000; or individuals with annual income above $200,000 if single, or $300,000 if married.
Type 1: Individual (Resident) Membership $2,300
Acting primarily on their own behalf as an individual accredited investor, Resident Membership includes online access to Desert Angels member deals and data room, member messaging, diligence materials, and general correspondence. Membership also includes an invitation to all Member meetings, diligence meetings, and other activities, including screening committee participation. Membership privileges are non-transferable. Individual Membership will auto-renew if the Member remains active and complies with the Desert Angels code of conduct. Members may bring up to 2 guests to Member dinner meetings per year (2 guests to one meeting, or one guest to each of 2 meetings) at no added cost. Beyond this allowance for guests, the Member is required to cover the cost of the meeting for the guest attendee.
Type 2: Family (Resident) Membership $3,450
Acting primarily on their own behalf as an individual accredited investor, but including a 2nd family member (spouse, sibling, parent, cousin, child, etc.) participating together with each having their own online account. Both Family Members must be accredited investors. Both have online account access to Desert Angels member deals and data room, member messaging, diligence materials, and general correspondence. Both are invited to all Member dinner meetings. A Family Membership may bring up to 2 guests to Member dinner meetings per year (2 guests to one meeting, or one guest to each of 2 meetings) at no added cost. Beyond this allowance for guests, the Member is required to cover the cost of the meeting for the guest attendee.
Type 3: Affiliate Membership $2,300
This is an organization or association that represents a strategic partnership for Desert Angels. Affiliate members may include professional investment organizations, regional economic development organizations, or academic institutions. Affiliate Members may be engaged for educational purposes and typically will not meet accreditation requirements and therefore are exempt from the investment requirements. However, they are welcome to participate in investment opportunities provided they meet the SEC accreditation. Affiliate Members have online account access to Desert Angels member deals and data room, member messaging, diligence materials, and general correspondence. Each Affiliate Member may designate up to (3) employees or members of the affiliate organization who will be given credentials to access this information. This information may not be shared with other members of the organization without written permission from the Desert Angels CEO or Chairman. Only one seat is provided for an Affiliate Member to participate in dinner meetings, annual member meetings, or deep-dive discussions, but all 3 designees may attend other events, including screening. An Affiliate Member may bring up to 2 guests to Member meetings per year (2 guests to one meeting, or one guest to each of 2 meetings) at no added cost. Beyond this allowance for guests, the Member is required to cover the cost of the meeting for the guest attendee.
Type 4: Virtual Membership $ 1,150
Acting primarily on their own behalf as an individual accredited investor and engaging exclusively from a virtual position only. Membership includes online account access to Desert Angels member deals and data room, member messaging, diligence materials, and general correspondence. Virtual members are welcome to participate in any virtual activity, which may include educational sessions, screening panel meetings, deep-dive discussions, and dinner meetings where virtual access is provided. The intent is to provide an exclusively virtual engagement. If virtual members wish to attend a dinner meeting, they are welcome and may attend up to one in-person meeting each year at no added cost. Virtual members who wish to attend additional in-person meetings will be required to pay an additional fee in advance. If virtual members request to attend more than two in-person dinner meetings in a single membership year will automatically convert their membership to the Individual (Resident) Membership and they will be invoiced the difference.
