Sidecar Angels - Investor
Sidecar Angels
top-tier angel groups, VCs and entrepreneurs to help build early-stage companies. “SideCar wins every award there is for ‘easiest-to-deal-with investor’, at the US, planetary, and intergalactic levels ” — Stefania Mallett, CEO, ezCater
SideCar Angels is a Boston-based angel group that rides “sidecar” with top-tier angel groups and VCs to fund early-stage companies SideCar’s first Fund went into harvest mode at the end of 2017, having achieved an IRR of ~37% Fund II commenced investing in 2018 and has made investments in more than 25 companies so far
Persons working full time or lacking technical expertise often find it hard to be angel investors SideCar gives members access to deals that have been pre-vetted by persons with time and expertise And, because SideCar pools members’ investments, it’s able to meet the minimum investment requirements imposed by larger deals, which gives members access to a greater variety of deals and companies than might otherwise be available
By delivering 6-figure investments within days of an emerging company’s presentation, SideCar permits deals to close faster Because SideCar invests on the same terms and doesn’t require another round of due diligence, it’s easy and efficient for deal leads to invite SideCar into their deals
SideCar members’ additional funding provides companies with additional runway to achieve their goals and reach their next value inflection point Portfolio companies can also benefit from the opportunity to consult with SideCar and its members whose startup experience, contacts and expertise can help with operations and opening doors
By expanding angel investing to accredited investors who wouldn’t otherwise participate in traditional angel groups, SideCar hopes to increase the amount of angel funding available for quality deals By doing so, SideCar increases the chances that entrepreneurs will have the capital needed to succeed, and deal leads will see a return on their investment
SideCar Angels is supported by excellent sponsoring organizations Their services are key to our success
Series Seed 2 and Series A Series Seed and Series A Series A; Acquired by Data Brands, 2018 Series Seed and Bridge Note Acquired by Ultra Mobile, 2017 Acquired by Tandem Diabetes Care, 2022 Series A, A-1 and Convertible Note Series A-1, B and Convertible Note Series A thru D-1 // went "unicorn" 2019 Series A-1 and A-2 Series A-1, A-2 and A-3 Series Pre Seed, Seed and Conv Note Acquired by Copper John Partners; 2021 Series Seed and Convertible Note Series A thru C-2 and Convertible Note Convertible Note; Series A Convertible Note, Series Seed, Series A Common, Series Seed, Seed-2 and Seed Strategic-2 Series A; Acquired by Wiser Solutions, 2018 Seed & Seed-2; Acquired by JASCI Software; 2021 Series A; Acquired by Qiagen, 2017 Series A, A-1 and A-2 Acquired by Instacart, 2022 Acquired by Vita Coco, 2018
