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Charlottesville Angel Network

The Charlottesville Angel Network (CAN) is an angel investing group based in Charlottesville, Virginia, comprising over 70 accredited investors. They focus on seed and early-stage investments in startups raising less than $5 million.

Founded
2015
Recorded stages
Friends Family, Angel, Seed, Series A
Recorded regions
United States

Online destinations

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Official links

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Overview

The Charlottesville Angel Network (CAN) was founded in 2015 and is based in Charlottesville, Virginia. It focuses on supporting early-stage ventures by investing in startups. Over its first decade, CAN has invested more than $20 million in nearly 80 startups, aiming to foster innovation locally and beyond. CAN invests in seed, angel, and friends & family rounds for promising startups raising less than $5 million. Typical investments range from $100,000 to $300,000 per round, and the organization is open to various sectors, including software as a service (SaaS), digital healthcare, biotechnology, consumer products, clean energy, and educational technology.

Focus

CAN invests in seed, angel, and friends & family rounds for promising startups raising less than $5 million. Typical investments range from $100,000 to $300,000 per round. The organization is open to various sectors, including software as a service (SaaS), digital healthcare, biotechnology, consumer products, clean energy, and educational technology.

Support

CAN provides not just capital but also fosters strong relationships with startups, often engaging with them before funding. The network emphasizes local investment and collaboration among members to support the growth of portfolio companies.

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