ARC Angel Fund

ARC Angel Fund is a member-led angel fund that backs seed and early-stage companies, mainly in and around New York. It is investing from its third fund and its search reaches across the Northeast and Mid-Atlantic.

The structure sits between an angel group and a venture fund. The general partner is owned by the investors, and the general membership makes the investment decisions.

Products and services

• Seed and early-stage investment: backs companies that already have a product and some revenue.
• Member expertise: members range from experienced angels and venture partners to company executives, and they can invest alongside the fund.
• Committee review: evaluation, due diligence and monitoring committees handle each deal from first pitch to portfolio reporting.
• Sidecar investments: the fund is committed capital, with sidecar investments available.

Clients

Founders in software, IT, internet, tech-enabled and business services, digital media, mobile and healthcare IT, among other sectors where members have experience. Applicants must send a presentation and financials with their executive summary.

Key facts

• Focus region: New York, the Northeast and Mid-Atlantic
• Fund: third fund, currently investing
• Structure: member-led, with an investor-owned general partner