Our Selection Criteria
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Aggressive growth revenue
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Competitive business model
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Reasonable valuation
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Clear exit strategy
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Excellent management teams
Aggressive growth revenue
Targeted 10x returns
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
Reasonable valuation
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 screening@desertangels.org. 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 use the "Continue Your Application" button below to go to the Company Deal Room that was created for you when you first applied to Desert Angels where 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.
To submit your application for funding to Desert Angels in a way that will bring it to our immediate attention, please click here.
Joann MacMaster was elected to be the Chief Executive Officer of Desert Angels, Inc. in January 2020. Prior to taking on the CEO role with Desert Angels, MacMaster served as the Sr. Director of Venture Development for the University of Arizona’s TLA team, focused on the commercialization of university research through the development of startup companies. She has served as a startup founder, mentor, investor, and educator, and is a recipient of the Larry Hecker and Sherry Hoskinson Lasting Community Builder Award. She is an AUTM board member and UA Academic Leadership Institute Fellow and previously served as President of the Arizona Business Incubation Association. She returned home to Tucson in 2000 after living and working in Europe for over a decade and holds an MBA from Edinburgh University Scotland.
For reasons other than Applying to Desert Angels, if you would like to communicate with Joann for other reasons or receive an update on your funding request, you can email Joann by clicking Contact our CEO.
To submit your application for funding to Desert Angels in a way that will bring it to our immediate attention, please click here.
The Desert Angels Board of Directors elected Jeffrey Lang to serve as Chairman of the Board in January 2020. Prior to taking on this role, Jeffrey served on the Desert Angels Board. His career includes more than 30 years in roles including executive management experience as CEO, COO, CFO & CTO of companies from $10MM to $200MM turnover. For more than 10 years, Jeff has been actively involved in startup to mid-level angel and private equity investment, board level, and advisory efforts. As a member of Desert Angels, he has invested in more than 35 businesses involved with industries ranging across consumer products, medical instrumentation, software development, and healthcare research and product development.
For reasons other than Applying to Desert Angels, if you would like to communicate with Jeffrey for other reasons or receive an update on your funding request, you can email Jeffrey Lang, Board Chairman by clicking Contact our Chairman.