Investment process
The members of the StartAngels Network invest as individuals on their own account together with several StartAngels in the context of co-investments.
SAN organizes in cooperation with various partners about three events per year, at which start-ups have the opportunity to present themselves to potential investors. Such partners are typically Swiss banks, which can as such present attractive private equity investments to their clients.
Information about our next event can be found in the footer.
The process from submission of a project to closing consists of two parts:
Part One
From submission of the project to the presentation
Project submission
The start-up enters the relevant information about its project in factsheets and canvas. Information on the procedure and templates for the factsheet and canvas can be found under «Submit project».
Pre-Screening of projects
The SAN Board of Directors or a representative of the Board of Directors reviews each incoming factsheet with canvas. On this basis, a shortlist is chosen. After a detailed examination including contacting the start-up, the decision on whether to continue the process is made.
Selection and presentation
The board selects three or four suitable start-ups from the shortlist that has been examined. These companies will be invited to a presentation at a SAN event. From that moment on, a godfather from the network will be available as support. In addition, each of these start-ups will be offered pitching training.
Part Two
Investment process
Interest
After the presentation at the event, investors register their interest in participating in a company as lead investor or co-investor.
Kick Off
The godfather or godmother organizes a first meeting between the start-up and StartAngels members, as well as other potential investors for a detailed exchange of information. Afterwards the lead investor takes over the further investment process, including the due diligence.
Term Sheet
On behalf of all investors, the lead investor negotiates the key terms & conditions with the start-up, which are set out in the term sheet. This also includes representing the investors on the Board of Directors.
Closing
After due diligence, finalization of terms & conditions, investment agreement and shareholder agreement, the investment process of this round is completed with the closing.