Top Angel Investors in Elk Grove
Elk Grove, located in Sacramento County, California, has a vibrant startup scene with almost 50 startups in the city. Throughout the years, many investors and venture capital firms have organized different events to boost the startup community of Elk Grove.
Some of these events include the famous Pitch Elk Grove startup competition, an economic development program that introduced the startup community to the Sacramento suburb, and the Elk Grove Incentive Program, which offered direct cash subsidies to companies based in the city.
Want to know more about investors and such startup funding programs?
Well, let’s wait no longer and jump onto the list of the top 6 angel investors in Elk Grove.
Table of content
- Top 6 Angel Investors in Elk Grove
- Moneta Ventures
- Winning Streak Ventures
- Stonebridge Ventures
- Blacktop Capital
- Sacramento Angels
- Jim Peddle
- Wrap Up
- Frequently Asked Questions
- Q: Is it hard to sell a startup?
- Q: What are some ways to get PR for small businesses?
- Q: How to pitch to angel investors?
Top 6 Angel Investors in Elk Grove
Following is the list of some of the top-ranking individual angel investors and venture capital firms in Elk Grove.
Moneta Ventures
Website: Moneta Ventures
Investor Type: Venture Capital Firm
Investment Interests: Enterprise technology, healthcare, and internet/consumer applications.
Investment Stage: Seed
Moneta Ventures is one of the biggest venture capital firms located in Elk Grove. Founded in 2014, the firm has funded 59 companies and comprises around five angel investors. When funding startups, Moneta Ventures focuses on high-growth companies and works closely alongside visionary founders and teams to help them achieve hyper-growth.
Throughout the year, they hold pitching contests and provide a funding chance to many startups. Once a startup has been funded, Moneta Ventures guides the startup through its experienced network of mentors and entrepreneurs. They also have a separate “Startup Mentoring Program” that guides entrepreneurs through problems at different startup stages.
The investment range of Moneta Ventures ranges from 200,000 to several million dollars. Recently, Moneta Ventures has raised $400M through 5 of their funds. Some notable companies in their portfolio are:
Aumni: Aumni is an investment management platform that allows venture capitalists to view and track fund investments and performance metrics. They have raised a total of $63M.
Sibros: Sibros is a connected vehicle platform for remote software updates and data management. They have raised a total of $70M.
App Orchid: App Orchid is an AI platform used by large enterprise customers to easily build apps and digest all structured and unstructured data.
ARIZ: ARIZ is a precision medicine company focused on curing cancer through new targeted therapies.
Winning Streak Ventures
Website: Winning Streak Ventures | Sacramento | Venture Capital
Investor Type: Venture Capital Firm
Investment Interests: Fintech, Medtech and Cleantech
Investment Stage: Early Stage
Winning Streak Ventures was founded in 2019 by an individual angel investor. The network has funded many startups since its inception and still funds tech-related startups all over Sacramento.
As for their screening tests, Winning Steak Ventures funds startups with unique ideas and massive growth potential. Currently, they have funded startups for almost $1.5M, as most of their investments are in the early stages.
The investment range of Winning Streak Ventures ranges from 20,000 to 200,000. Some of their recent startup fundings are:
Thunder: Thunder is a company that operates in the consulting services industry.
Arbo: Arbol provides clients access to financial climate resilience. They offer parametric coverage, which pays out based on objective data triggers.
NatureTrak: NatureTrak is a business/productivity software company. NatureTrak provides risk management and compliance solutions to financial institutions that work with cannabis-related businesses.
Stonebridge Ventures
Website: STONEBRIDGE VENTURES | VENTURE CAPITAL
Investor Type: Venture Capital Firm
Investment Stage: Seed
Founded by Jake Seid, Stonebridge Ventures is also a venture capital firm that funds startups at the seed stage in many countries worldwide. The network started funding startups in Sacramento in 2017 with an AUM of KRW 1.1 Trillion. They funded around 30 startups, most related to tech, automobiles, and real estate.
During the screening tests, the investor panel prefers startups that can generate 5–10x ROI within the first three years of investment. Similarly, Stonebridge Ventures also channels its funding into related startups through different events, provided they show chances of massive growth and profitability.
Like many other investors, Stonebridge Ventures also organizes different networking events and mentorship programs to guide its portfolio companies in the best way.
The investment range of Stonebridge Ventures isn’t mentioned on their website. However, according to their past investments, they usually fund startups around $10M — $20M. Some of their famous investments are:
Aekyung Industrial12: Aekyung Industrial Co., Ltd. is a company that sells personal products. The company offers powder detergent, beauty, hair, dental, and health care products.
Higen Motor45: Higen Motor is a manufacturer and supplier of motors. It offers electric vehicles, servo motors, servo drives, and motion control systems.
Premier Auto: Premier Ltd. (formerly known as The Premier Automobiles Limited) was an automotive manufacturer company. Premier is well-known for its Premier Padmini, which ruled the Indian car market.
Blacktop Capital
Website: Blacktop Capital | We invest in entrepreneurs who think BIG
Investor Type: Venture Capital Firm
Investment Interests: Software, Clothing, E-Commerce, Mobile,
Investment Stage: Seed
Blacktop Capital is also one of the famous venture capital firms in Sacramento that funds startups at the seed stage. The network was founded by famous investors Ben Brasher and Tyson Trautmann. Since its inception, Blacktop Capital has funded around 15 startups, most related to software.
The VC firm invests in startups that have unique ideas and less competition in the market. They also prioritize entrepreneurs who solve real-time problems and present top-notch solutions. During the screening tests, they also asked questions related to the startup team and estimated growth potential, which will impact the ROI.
Aside from their funding, Blacktop Capital also conducts mentorship programs and workshops for their portfolio and nonportfolio companies. However, they aren’t very active with networking events and may not organize in the future as their main focus lies on startup funding.
The investment range of Blacktop Capital ranges from $100,000 to $1M. Some of their portfolio companies are:
Cariloha: Cariloha is a retail brand with stores exclusively merchandised with apparel and accessories made completely of bamboo. They offer a range of bamboo viscose products, including bed sheets, mattresses, bath towels, and men’s and women’s clothing.
BeeRoll: BeeRoll is a mobile platform that connects brands with consumers to shoot authentic video ad stories. They source videos for brands that will appeal to a variety of audiences and social trends and promote the best ones.
Amper: Amper is a Spanish business group with more than 60 years of history, of which more than 35 have been listed on the Spanish continuous market.
Sacramento Angels
Website: Home — Sacramento Angels (sacangels.com)
Investor Type: Venture Capital Firm
Investment Interests: Tech, Software, Energy
Investment Stage: Seed
Sacramento Angels is also one of the prominent and active venture capital firms located in Sacramento. The network was founded in 2000 and has funded more than 100 companies since its inception. They have a huge pool of investors that fund startups depending on their growth potential and idea market.
During the screening tests, the network focuses on early-stage companies that have the potential to generate huge amounts and establish a brand. They also guide their portfolio startups through different mentorship programs, allowing the companies to exit successfully.
The investment range of Sacramento Angels ranges from $50,000 to $500,000. Notable names in their portfolio are:
Terzo Power: Terzo Power Systems is a company that specializes in the design, development, and manufacture of hydraulic systems for off-road and heavy-duty vehicles. They are committed to pushing the technology envelope in the fluid power industry with an innovative new electric hydraulic pump.
Flirtey: Flirtey is a drone delivery company. They completed the first Federal Aviation Administration (FAA)-approved drone delivery in the United States in 2015. They are also developing air traffic control computer software for drones in collaboration with NASA.
Jim Peddle
LinkedIn: Jim Peddle | LinkedIn
Investor Type: Individual Angel Investor
Investment Interests: Consumer Internet, E-Commerce, Small and Medium Businesses, Enterprise Software, Retail, B2B, Healthcare, Food and Beverages, Real Estate
Investment Stage: Early and Seed
Jim Peddle is an individual angel investor and funds startups located in Elk Grove. Before funding startups, he was in the business brokerage sector, and later on, he founded a firm, Playbook Advisory. Throughout his career, Jim Peddle has funded many startups and continues to expand his portfolio.
Similarly, during the screening tests, Jim Peddle only funds that startups that can generate 2x ROI within 12 months of the funding. He also takes a hands-on investment approach, guiding his portfolio companies throughout their startup journey.
The investment range of Jim Peddle, ranges from $10,000 to $150,000. Although he has funded many startups individually and through his venture, he hasn’t made their names public.
Wrap Up
Summing up, angel investors can provide you with funding and boost your startup in many ways.
However, in order to secure funding, you must prepare a great pitch deck, explain your startup idea, and maintain confidence throughout the screening tests.
Good Luck!
Frequently Asked Questions
Q: Is it hard to sell a startup?
A: Kind of; it can be challenging to find a buyer willing to pay the right price for your startup. However, with thorough market research and an understanding of what factors can affect the sale price, it is possible to find a buyer who will offer you a fair deal.
Q: What are some ways to get PR for small businesses?
A: Securing PR for a small business involves a lot of strategic approaches, like:
- creating compelling press releases
- nurturing relationships with journalists
- utilizing social media platforms
- actively participating in community events
- collaborating with influencers
Q: How to pitch to angel investors?
A: To pitch to angel investors successfully, prepare a concise and engaging presentation about your startup.
Clearly present your business idea, market opportunity, unique value proposition, and financial projections. Focus on showing the potential for growth and profitability. Most importantly, explain how their investment will be utilized and the benefits they can expect.
Thanks for Reading!
If you found this helpful, please follow me on Medium and support us in reaching 5,000 subscribers!
Earlier the article was published here.
