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Tech Coast Angels – The Strongest Angel Investor Network In The United States

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With over 300 members in 5 regional networks covering all of Southern California, Tech Coast Angels is the largest angel investment organization in the U.S. founded in 1997. Below is our interview with Raymond Chan, a member and former board member of Tech Coast Angels:

Raymond-ChanQ: Tech Coast Angels is one of the largest angel investment groups in the US. Could you tell us something more about your history and your angel network?

A: Tech Coast Angels (TCA) is one of the largest angel investment groups in the US. The group comprises over 300 angels with experience in almost every industry (not just technology), and its network spans five regional areas in Southern California: Los Angeles, Orange County, San Diego, Santa Barbara/Westlake, and the Inland Empire. TCA is the leader in providing funding, guidance, mentorship and leadership experience to early-stage, high-growth, exciting companies in Southern California. In 2013, TCA invested over $14.6 million in 50 companies, and was listed by The HALO Report as one of the three most active angel networks in the United States. In 2014, TCA invested over $16 million in 61 deals, which were near-record numbers in the angel investor network’s history, and CB Insights ranked TCA ahead of all other angel groups as having the strongest network in the country.

Tech Coast Angels-TCA

Since 1997, Tech Coast Angels have invested over $150 million in more than 275 companies and have helped attract more than $1.5 billion in additional capital/follow-on rounds, mostly from venture capital firms. These investments were in a wide range of industries including biotech, consumer products, social/mobile, IT, life sciences, media, software, environmental, and tech startups.

Related: Sierra Angels – Supporting Technology Companies in Reaching Their Goals

TCA Quick Pitch Event 2014 at Qualcomm - Bldg N (HQ), San Diego

TCA SD Quick Pitch Event 2014 at Qualcomm – Bldg N (HQ), San Diego

Q: What are your investment criteria? Do you have an industry preference?

A: We don’t really have any industry preference. The reason is because each of over 315 members have different covering over many industries, it is a TCA strength and TCA advantage. Our criteria is the team, it must have passionate and smart founders, and we look at meaningful tractions and KPIs as well.

Related: P2Binvestor – Crowdfunded Loans For Growing Businesses

Q: What do you provide to entrepreneurs?

A: The members of Tech Coast Angels make ourselves available as sounding board and problem solvers with our in depth knowledge base and connections to help entrepreneurs to succeed. We can help by sharing our experiences as well as with capital.

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