“While investing in great companies anywhere, regardless of location, is at the core of what we do, Southern California is our home and remains the heart of who we are.” – Jeff Draa, Chairman, Tech Coast Angels
IRVINE, Calif. (PRWEB)
August 29, 2017
Tech Coast Angels (TCA), one of the largest and most active angel networks in the world, today announced that PitchBook, an independent data provider specializing in venture capital, private equity and M&A, had analyzed the Southern California investment landscape, and listed the angel network as the top VC investor for all early-stage investments in the region.
In fact, the PitchBook data shows that TCA led the field against other angel networks and VC firms in all categories: number of investments in five years (46), the number of investments in the last six months (7), the number of investments in the last 12 months (12), and the number of investments in the last two years (26).
“This information reaffirms our historical performance and steadfast commitment to continue building and supporting a strong startup ecosystem in Southern California, where nearly all of our network’s angel members live and work,” said Jeff Draa, Chairman of Tech Coast Angels. “While investing in great companies anywhere, regardless of location, is at the core of what we do, Southern California is our home and remains the heart of who we are.”
According to PitchBook, capital invested in young companies in Southern California is on an upswing since the beginning of 2015, with 988 VC deals completed in the region by 1,069 individual investors. For the report published in July 2017, see https://pitchbook.com/newsletter/the-8-most-active-vc-investors-in-southern-california
About Tech Coast Angels:
Tech Coast Angels (TCA) is one of the largest and most active angel investor networks in the nation, and a leading source of funding for seed-stage and early-stage companies across all industries in Southern California. TCA members are accredited investors who individually invest in startup companies, and as a group, TCA has invested up to $6M in a single company. The companies TCA invest in go through well-structured, transparent, and time efficient screening and due diligence. TCA members are themselves…