Data Powered by

Present the

Report
1

TM

Angel Group Update Q3 2012

Median Angel Round Size Hits Five Quarter High

$650 $600 $550 $500 $450 $400 $350 $300
Q3 2011
$Thousands

$640

$540 $500
Q4 2011

$550

$530
Q2 2012 Q3 2012

10%
2012 YTD

Angel group deals structured as convertible debt

Q1 2012

Early Stage Pre-Money Valuations Remain Stable in Angel Group Deals

Based on a rolling 12 months and ending Q3 2012. This is down slightly from $2.7M reported for rolling 12 months ending Q2 2012.

$2.6M
Median
1st Quartile

$4.0M
3rd Quartile

$1.6M

$6.6M

$0.51M
*This includes all rounds with angel groups before Series A

Investment in Mobile Companies Jumps, Deals and Dollars

Internet sector still dominates angel group deals; Mobile deals reach five quarter high
35% 30% 25% 20% 15% 10% 5% 0% Internet Healthcare
%

Healthcare companies receive largest share of dollars; Mobile share jumps 6% over Q2 2012
30%
$M

31.2
%

25% 20%

23.4
%

23.6
%

20
%

20.1
%

19.5 14.9
% %

15% 10% 5% 0%

16.5
%

3.9
%

5.8
%

4.5
%

3.7
%

7.3
%

5.4
%

Mobile & Telecom

Industrial

Energy & Utilities

*Q3 2012

Consumer Products & Services

Electronics

Other

Most Active Angel Groups in the US: Total Deals Q3 2012

Boston, MA

Austin, TX

National Group

CA, MA, NY

Southern CA

Sunnyvale, CA

Mobile Spotlight: Most Active Mobile Investors, Total Deals

Seattle, WA

New York, NY

Menlo Park, CA

Sunnyvale, CA

Huntsville, AL

Boston, MA

rolling year through Q3 2012

Southeast Rivals California for Share of US Deals in Q3 2012

Northwest

8.3%

New York Great Lakes Great Plains

49%

California

21.4%
Southwest

5.2%

9.7%

6.5%

14.3%

New England

Midatlantic

9.1%

of dollars invested in California and New England

13%

Southeast

19.5%

Data Powered by

Report

TM