
Queen City Angels
Description
Queen City Angels (QCA) is a well-established angel investor group based in Cincinnati, Ohio, founded in 2000. Comprising experienced accredited investors, entrepreneurs, and business executives, QCA is dedicated to accelerating the growth of early-stage businesses primarily within the Midwest region, though they do consider opportunities beyond. Their investment focus spans a variety of sectors, typically targeting companies that demonstrate strong management teams, innovative technologies, and scalable business models with significant market potential.
Since its inception, QCA has been a significant force in the regional startup ecosystem, deploying substantial capital into promising ventures. The group has invested over $100 million across more than 100 companies, showcasing a consistent commitment to fostering innovation and economic development. This extensive portfolio reflects their broad interest in diverse industries and their strategy of supporting companies through critical early growth phases.
QCA's typical investment strategy involves providing initial checks ranging from $250,000 to $1,000,000. They frequently co-invest with other angel groups, venture capital firms, and institutional investors, enabling larger funding rounds for their portfolio companies. Beyond financial capital, QCA members actively engage with their investments, offering invaluable mentorship, strategic guidance, and access to their deep professional networks. This hands-on approach aims to help founders navigate challenges, refine their strategies, and achieve their growth milestones. The group's investments have notably contributed to the creation of over 10,000 jobs, underscoring their profound economic impact in the region.
Investor Profile
Queen City Angels has backed more than 59 startups, with 3 new investments in the last 12 months alone. The firm has led 15 rounds, about 25% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Health Care, Software, Medical Device.
- Led 1 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (34%)
- Series A (22%)
- Series Unknown (14%)
- Pre Seed (7%)
- Series B (7%)
- Series C (5%)
- Angel (5%)
- Convertible Note (5%)
- Undisclosed (2%)
Country Focus
- United States (100%)
Industry Focus
- Health Care
- Software
- Medical Device
- Biotechnology
- Medical
- Manufacturing
- Information Technology
- E-commerce
- Pharmaceutical
- Data Visualization
Frequently Asked Questions
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