North Coast Angel Fund

North Coast Angel Fund

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Headquarters Location

United States, Cleveland

About

North Coast Angel Fund is a well known and established VC, which was founded in 2006. This investor is located in North America, United States. The the headquarters of this VC is in Cleveland.

The fund was created by Claiborne Rankin, Todd Federman. We also identified another 3 core personnel in our database.

The fund's activity peaked in 2014. Additionally, in 2019 the fund was active. North Coast Angel Fund participates, on average, in 22 percentage points less than the average amount of lead investments in other funds. The fund typically enters into 2-6 deals annually. When North Coast Angel Fund invests, the average start-up valuation is 1-5 millions dollars. The most exits for the fund occurred in 2018. In terms of the fund's performance, this VC has 0 percentage points less exits when compared to other organizations. Typical investments for this fund are deals in the range of 1 - 5 millions dollars.

The fund has a preferred number of founders for start-ups that it invests in. If there are 4 or 5+ founders in the start-up, the probability of getting the investment is low. Juventas Therapeutics, Axuall, 3X Systems are among the most popular portfolio start-ups of the fund. The country of its establishment and the country of its most frequent investments coincides - United States. Also, a start-up has to be aged 2-3 years to expect investment from this fund. Among the most popular investment industries for the fund are Life Science, Enterprise Software. However, the fund’s focus is not limited to this, since there are 10 more areas of investment.

The fund usually invests in rounds together with 3-4 others. Besides North Coast Angel Fund, start-ups are typically funded by Rev1 Ventures, Ohio TechAngels Fund, Flashstarts and 7 more VCs. The most common co-investors for the fund are Queen City Angels, CincyTech, Glengary Ventures and also 16 different VCs. The investors in the following rounds are usually Ohio TechAngels Fund, Allos Ventures, CincyTech, and 26 VCs in total.

Year Founded

2006

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: northcoastangelfund.com; User name format in descending order of probability: first '.' last

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

4-6

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

16.1% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x10

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

0.2 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.3 out of 1

Funds Investing in Previous
Rounds

Rev1 Ventures, Ohio TechAngels Fund, Flashstarts

Funds Investing in Following
Rounds

Ohio TechAngels Fund, Allos Ventures, CincyTech

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