Channel Angels Launches to Fund Next-Generation SMB Technology Startups
Channel Angels (www.ChannelAngels.com) today emerged from stealth mode to fund next-generation technology startups that serve small business customers. It is the first angel investor peer group built entirely by the channel for the channel.
Channel Angels hosts a quarterly pitch day to identify promising technology startups that may warrant angel, seed and/or early stage funding. The group welcomes funding pitches from entrepreneurs of all backgrounds. Follow-on funding also is available.
Technology startups seeking funding can apply here: https://www.channelangels.com/funding.
Accredited angel investors seeking to join Channel Angels can apply here: https://www.channelangels.com/join-us.
Channel Angels’ Investment Thesis
Target Channel Angels investments include cloud (IaaS, PaaS and SaaS), software and hardware startups that are developing channel-first sales models. Areas of interest include cybersecurity, artificial intelligence, automation and B2B software. SaaS startups with true multi-tenant MSP and MSSP architectures are especially encouraged to apply for funding. Typical investments involve Seed and Series A rounds, with potential follow-on funding for existing portfolio companies.
Initial Channel Angels member investments are listed here.
Channel Angels: Unique Focus, Unique Membership
Every Channel Angels member is an accredited angel investor. Moreover, each member has launched, built, sold and/or funded channel-centric technology businesses -- including MSP, cloud, software and IT media companies with annual recurring revenue (ARR) business models.
Inaugural Channel Angels members include:
Kevin Blake (New York): Founder and president, ICS Solutions Group.
Joe Panettieri, founder and managing director: Co-founder of such IT media channel brands as ChannelE2E, MSSP Alert, MSPmentor, The VAR Guy and Talkin’ Cloud.
Gerwai Todd (Tampa, Florida): COO of TimeZest. Founder & president of Triafy. Former COO, CharTec. Former director of business development, ConnectWise.
Tommy Wald (Austin, Texas): Author, The MSP CEO. President, TW Tech Ventures. Former CEO, White Glove Technologies. Former CEO, Riata.
LLoyd Wolf (Pittsburgh, Penn.): Professional EOS Implementer. Founder and former CEO, Wolf Consulting Inc.
Channel Angels: Next Investments
Visit www.ChannelAngels.com for continued updates on Channel Angels funding & investment activities. For more information, email Joe Panettieri, managing director, Channel Angels.