
Central Texas Angel Network
Description
The Central Texas Angel Network (CTAN) stands as one of the most prolific and impactful angel investment groups in the United States, headquartered in Austin, Texas. Established in 2006, CTAN's core mission is to fuel the growth of early-stage companies by connecting them with accredited investors from Central Texas and beyond. The network comprises experienced entrepreneurs, executives, and professionals who not only provide crucial seed and early-stage capital but also contribute invaluable mentorship, strategic guidance, and access to their extensive professional networks. This hands-on approach is a cornerstone of CTAN's value proposition, aiming to significantly de-risk and accelerate the development of its portfolio companies.
CTAN primarily targets companies seeking their first institutional capital, often participating in funding rounds ranging from $250,000 to $2 million. While their primary geographic focus is Central Texas, they also consider promising opportunities across the broader Texas ecosystem and occasionally nationwide. The network's investment thesis is sector-agnostic, encompassing a wide array of industries including software-as-a-service (SaaS), healthcare technology, consumer products, biotech, and advanced manufacturing. This diversified portfolio reflects the varied expertise of its angel members and the dynamic innovation landscape of the region.
Since its inception, CTAN has demonstrated remarkable activity and commitment to fostering entrepreneurial success. The network has collectively invested over $130 million into more than 200 companies, making it a pivotal force in the regional startup economy. These investments typically represent the first significant external capital for many of these ventures, enabling them to scale operations, develop products, and expand market reach. The average syndicated investment from CTAN often falls within the range of $500,000 to $750,000, reflecting their capacity to lead or co-lead substantial early-stage rounds.
CTAN's structured investment process involves rigorous due diligence performed by its members, ensuring that only the most promising and well-vetted opportunities are presented for funding. This disciplined approach, combined with the collective wisdom of its investor base, has contributed to a strong track record of supporting innovative companies that go on to achieve significant milestones, including follow-on funding and successful exits. The network's dedication extends beyond capital provision, actively working to cultivate a robust and collaborative startup ecosystem in Central Texas.
Investor Profile
Central Texas Angel Network has backed more than 43 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 26% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Health Care, SaaS.
- Led 2 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (35%)
- Series A (23%)
- Convertible Note (9%)
- Pre Seed (7%)
- Angel (7%)
- Series C (5%)
- Series Unknown (5%)
- Series B (2%)
- Series E (2%)
- Series F (2%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Health Care
- Saas
- Biotechnology
- Energy
- Apps
- Information Technology
- Enterprise Software
- Financial Services
- Manufacturing
Frequently Asked Questions
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