Sierra Angels

What they do

Founded in 1997, Sierra Angels is a premier angel investment group in Northern Nevada. Headquartered at Lake Tahoe, Nevada, they are located in one of the most business-friendly states in the country. Sierra Angels is the premier angel investment group in the Northern Sierra region. They provide early stage investments in promising technology ventures and support the entrepreneurs they fund with mentoring and connections. Sierra Angels' fifty members are former startup founders and senior operating executives experienced in financing and developing emerging enterprises. They are active investors who have assisted greater than sixty companies to date in a variety of industries with a preference for capital efficient technology companies. Sierra Angels takes a leading role in collaboratively investing with other angel groups in the region and with earlier stage VCs. They also participate actively in the community to facilitate technology-based and entrepreneurial-driven economic expansion in Nevada.

What they look for

Sierra Angels focuses on capital-efficient, early-revenue technology companies with proprietary IP selling to enterprise/B2B markets with large addressable markets (TAM/SAM >$250M), offering a path to a >30x return within 10 years or less.

Stage

Seed

Sectors

SaaS

Based

Incline Village, US