pexels-photo-207489 bluesky light bulbs.jpeg
 

Apply now for funding from Sydney Angels

 

 

Founder Benefits 

Sydney Angels offers the following benefits to founders listed below


Captial growth img.png

Growth Capital

Our syndicates typically provide start-up and growth capital for the first two years, which can include follow-on funding for startups achieving milestones.

Decision support img.png

Decision Support

Sydney Angels syndicates also invest time, knowledge and experience into their portfolio companies.

Network connections img.png

Network Connections

Sydney Angels syndicates offer portfolio companies access to their valuable networks here and abroad.

 
cogs.jpeg
 

Our members do everything they can to give portfolio companies the edge they need to succeed. The better you do, the better we do; our interests are completely aligned.

 

Investment Criteria

The vast majority of our portfolio companies met these criteria when applying for investment


traction.png

Demonstrated
traction

We look for startups that are clearly wanted by their target markets. Evidence of this may include: sales revenue, pre-sales, media, expressions of interest, letters of intent, etc.

seeking 200k.png

Seeking $200k-$500k initial capital

An angel investment round is usually small and often the first external investment in a startup. We then offer follow-on funding to successful portfolio companies.

pre money.png

Seeking a pre-money valuation of $1m-$4m

Investing in early-stage companies is fraught with risk, even for the most experienced investors. To account for this, valuations tend to be relatively low at this stage.

 

Target Characteristics

We look for the following qualities in our applicants


photodune-3215766-businessman-touching-a-chart-indicating-growth-l-1.jpg

Attractive market potential

We look for businesses that are either targeting growth markets with limited competition or markets that are susceptible to disruption.

padlock-597495_1920.jpg

Strong, defensible product

We look for businesses that possess intellectual property and/or other barriers to entry that are difficult for others to replicate or overcome.

team-spirit-2447163_1920.jpg

Quality team
and plan

We look for teams that have the experience, energy and connections to execute the plans that they propose.

profits-1953616_1920.jpg

10x return potential

We prefer to make our returns from an exit rather than dividends and typically like to see the potential for a 10x return on investment.

 
dartboard.jpeg
 

Selecting readily investible companies from the rest can be difficult, especially with so much startup activity in Australia today. Our experience has helped determine what characteristics we look for and how our application process is conducted.

 

Application Process

Our rigorous application process occurs in 6 cycles each year


application.png

Company Application

Applications received by the due date for each cycle are considered. The committee reviews every application and selects 6 companies to progress to the next stage

deal screen.png

Deal Screening Meeting

All members are invited to anonymously rank the 6 companies. The most impressive companies with the greatest perceived potential are invited to pitch at the next stage.

members meeting.png

Members Meeting

Members, ecosystem representatives, VIPs and invited guests are all welcome to attend these evening events and view the pitches. If there is interest in a company, a syndicate will be formed.

 
2015041129.png
 

Making an application for investment to Sydney Angels can be a rewarding yet highly competitive and demanding experience. Applicants should prepare their pitches well in advance and seek as much constructive feedback as possible beforehand.

 

Active Syndicate Stages


Initial due dil.png

Initial due diligence

The syndicate will request important information, including: financials, intellectual property details, documentation and more.

term sheet.png

Term sheet negotiations

The syndicate will negotiate with you regarding the amount of capital they will invest and the terms of the investment.

Legal doc.png

Legal documentation

At the conclusion of the investment process, documents are signed and exchanged to make it official – you are part of the family!

 

sidecar fund.png

Sydney Angels Sidecar Fund

The syndicate will approach the $10m SASF on your behalf, seeking its co-investment of approximately 50%.

2024 Application Dates

Founder application dates are detailed below, review our Calendar and Events page for full details on all of our Sydney Angels Events.


Sydney Angels Deal Screening Meeting and Members Meeting Calendar 2024

Applications Due

Cycle 1 - 9th January 2024

Cycle 2 - 20th February 2024

Cycle 3 - 23rd April 2024

Cycle 4 - 18th June 2024

Cycle 5 - 6th August 2024

Cycle 6 - 24th September 2024

Deal Screening Meeting

Cycle 1 - 16th January 2024

Cycle 2 - 5th March 2024

Cycle 3 - 7th May 2024

Cycle 4 - 2nd July 2024

Cycle 5 - 20th August 2024

Cycle 6 - 8th October 2024

 

Members Meeting

Cycle 1 - 30th January 2024

Cycle 2 - 19th March 2024

Cycle 3 - 21st May 2024

Cycle 4 - 16th July 2024

Cycle 5 - 3rd September 2024

Cycle 6 - 22th October 2024

 

Ready to pitch to Sydney Angels?

Please click the link and complete your application on the Gust platform to be considered for investment

 
people-writing-with-pens-during-conference-P3YVMUR.jpg

Feedback

 

Due to the large volume of applications we receive, we are generally unable to offer any feedback until a company has reached the Deal Screening Meeting stage. If you are unsuccessful at any stage, we invite you to try again in a future cycle when your business has developed further and key metrics have improved. We simply do our best to pick what we believe are the most promising deals within a specific timeframe and we are not perfect at choosing future winners! We wish you all the best as you grow with your business and continue your entrepreneurial journey.