What do we look for in investments?
We give priority to astute founders tackling challenging problems, leading businesses with high growth potential, scalable models, exceptional management teams, and the ability to make a significant market impact.
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We place a high emphasis on the founding team's experience, skills, and ability to execute the business plan. A talented and cohesive team with a track record of success is seen as a crucial indicator of a startup's potential
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Demonstrated traction, such as user adoption, revenue growth, or partnerships, is a strong indicator of market validation and the startup's ability to execute its business plan. Achieving significant milestones shows progress and reduces risk in the eyes of Investors.
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Angel investors look for companies with special products or services that have a clear edge over competitors. A creative solution that effectively addresses a major issue in a fresh and unique manner can shine in a saturated market.
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We search for startups that focus on big and expanding markets. When a market is large, it means there is room for the startup to grow and potentially bring a higher return on investment.
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Angel investors are more likely to invest in startups that have business models capable of growing quickly and effectively. It is important to have a clear plan for making money and ensuring long-term growth in order to convince angel investors that the investment is worthwhile.
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Angel investors look for startup companies with a clear exit plan sometime in the future. This could involve being acquired by a larger company or through an IPO. This is a requirement because the money made from successful investments will compensate losses on investments that don't quite work out.
Screening and Evaluation
150 companies submit funding applications annually. About 30% progress to the initial screening phase; only 5% move forward to due diligence. Although the numbers fluctuate yearly, we usually invest in 10 to 20 new ventures annually.
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We have an open application process, which involves completing an application with an overview of your company and a summary of your financials. You will also be asked to upload an investor presentation (Pitch Deck).
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Where possible industry-specific investors perform an initial screening of your application to ensure it is within our scope of interest.
If you pass the initial review stage, you will be invited to present at a pre-screening.
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Each pre-screening varies, but the general concept is an elevator pitch of 10 minutes, followed by 20 minutes of Q&A.
The pre-screen presentation is given to a small group of BA members who have domain expertise in your technology. Its purpose meeting is to determine if you are ready to present to the larger group and give you constructive feedback to improve your presentation.
You’ll receive feedback, and if you pass the pre-screen, you’ll be invited to present at our monthly member meeting .
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Up to three companies present at a monthly screening session. Each is given 10 minutes to minutes to present, followed by 10 minutes of Q&A and then Members deliberate for a further 10 minutes (where you are asked to leave the room during this period). Generally, we like to determine if there is any interest quickly and assign a Deal Lead to manage the process.
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A due diligence team is formed based on the number of interested members who signed up during the screening. A deal lead steps forward to coordinate the due diligence activities. Due diligence consists of verifying representations by the entrepreneur, speaking with customers, reviewing agreements and patents (if any), checking references, backgrounds, etc. The results of the due diligence process are shared with all members and if the results are positive, the venture moves forward.
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Funding occurs after there has been enough interest generated among members via the GUST portal and via the deal lead. Brisbane Angels will then generate documentation for interested members to invest.