While no two deals are alike, the Desert Angels typically invest in companies with targeted 10X returns in a reasonable amount of time and funding. Though we prefer companies located in the region for easier access to founders and operators, we will consider any compelling opportunity, regardless of distance. Ideal investment opportunities will include realistic aggressive revenue
growth, unique competitive advantages in the business model, reasonable valuations, clear exit strategies, and excellent management teams.
Critical elements of funding applications include all of the following: (i) C-corporation or imminent plan to convert to this business structure; (ii) offering in the form of either Preferred Equity or Convertible Note with a term of not more than 24 months; (iii) the use of SAFE notes will not be considered. Typically minimum investment or "ticket" size should be not more than $10,000. This is possible where your business has implemented the use of any one of several easily implemented and relatively low-cost cloud-based cap table solutions.
For more information, please review Desert Angels Terms & Conditions.
Aggressive growth revenue
Competitive business model
Clear exit strategy
Excellent management teams
Targeted 10x returns
If this is your first time making an application for funding, you will need to register for an account. Desert Angels use the Dealum Deal Flow Management Platform. With Dealum, when you register for an account you are given your own Company "Deal Room" where you own all of your information, and if desired you can invite other angel groups to consider your deal.
Application questions are presented at each step in the deal flow process. Questions may be required or optional. Actual practice has shown that being able to answer the optional questions very often leads to improvement in investment decisions. You can download a list of our complete set of application questions by stage by clicking here. Please complete each question to be considered for our next screening panel.
You should be able to upload your Executive Summary, Sales & Expense forecasts for the next 3 to 5 years including cash flow, and P&L and Balance Sheet for the previous 1-2 years, if available. The application has multiple "tabs". Each time you click the Next button on any tab, your answers will be saved, and you can then return to complete the application. When you have completed the questions to be answered, click Submit to send your application to Desert Angels.
Once we review your application and supporting materials, we will determine if your company meets the Desert Angels investment criteria. If so, you will be invited to present to our Screening Panel, which selects one to three companies each month to deliver a presentation to the full membership at one of our monthly dinner meetings. Desert Angels holds ten dinner meetings each year, from September through June.
If you have any questions regarding the application or screening process, please contact us at email@example.com. Thanks again for your interest in the Desert Angels.
If you do NOT have an active application, click here to start the process.
If you have an active application that you would like to update or to create and share a new funding round, please start from your Dealum login where you will find Desert Angels as a deal room to which you have made an application. From there you can update an existing application and create follow-on funding rounds to share with Desert Angels as well as other angel groups that use the Dealum platform. These links will open in a new tab and are best viewed either on a desktop or notebook or in landscape mode on cellphones and tablets.