Monday, October 20, 2014

Seattle Angel Conference VI Finalists

Seattle Angel Conference Announces Finalists for the Sixth Seattle Angel Conference:

The companies will compete Nov 12th at the HUB Seattle and the winner will receive an estimated $165,000 angel investment. Tickets are on sale at the early bird discounted rate through Nov 1st.

 
This year’s finalist companies were selected from over 40 companies based throughout Washington that applied to compete at the Seattle Angel Conference 2014. A rigorous selection process was undertaken by a group of angel investors to select the finalist companies. An angel investor is qualified individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. In the Seattle Angel Conference case, the investment vehicle is convertible debt. The Seattle Angel Conference introduces new Angels to the process of Angel investing through education and participation.

Each investor staked $5,500 to create the anticipated $165,000 award for this year’s event.
The following companies were selected by the investment team to deliver ten-minute business
plan pitches

Finalists

The following companies were selected by the investment team to undergo rigorous due-diligence and be eligible for the investor-led convertible note:

What is the Seattle Angel Conference?

The Seattle Angel Conference is a recurring Seattle Angel-driven event where the investors create an LLC, engage in due diligence of the applying startup companies, and ultimately pool funds to invest in one of the presenting finalists. The Seattle Angel Conference is the primary method Seattle Angel uses to find and fund new startups. The Seattle Angel Conference is open to any member of the community interested in learning more about both starting and investing in a new business and to hear the investment pitches from the finalists.