Investing in Charlottesville and beyond.
Get to Know UsWho We Are
CAN is a growing group of more than 50 accredited investors and family offices. We are independent investors who make our own independent investment decisions. We are successful male and female executives, entrepreneurs, scientists, and engineers. We are individually and collectively eager to apply our skills and put our connections and capital to work to help entrepreneurs succeed.
We are not a fund. Our members make no commitment to invest and are not charged a carry or management fee.
What We Do
CAN members meet monthly to invest as a group in early-stage companies. We raise investment capital on a deal-by-deal basis. When there is enough interest from our members, we create a sole-purpose LLC as an investment vehicle and write a group check from one entity.
How We Fund
CAN invests in seed, angel, and friends & family rounds in promising startups raising less than $5MM. We typically invest $100K – $300K in a round and frequently partner with co-investors on Series A and B rounds.
As with our members’ backgrounds, our investment and industry interests vary widely. Our investment portfolio includes: SAAS, digital healthcare, biotech, consumer products, clean energy, Ed Tech, and more.
We have a soft-spot for Virginia-based companies, over half of our investments are in Virginia, but we are open to great startups wherever they may be. We seek to build strong relationships with the startups we fund, often before we even fund them. We value those relationships more than proximity.
We, as a group and individually, collaborate with numerous other angel groups and funding sources to find the best startups. We also work to champion our investments with our network.
How Does CAN Select Deals?
Our screening committee, comprised of our members, meets monthly to review applications and selects 3 companies to present to CAN members each month.
How to Apply to CAN for Funding:
CAN uses an online angel group platform called Gust.com, which entrepreneurs use to apply to CAN for funding. Entrepreneurs can create a company profile on Gust.com and submit it to CAN and other angel groups.
Resources
CAN recommends the following resources for entrepreneurs applying for funding and anyone considering membership in our network.
