This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Company type | FinTech, Technology |
---|---|
Industry | Angel investing, Private equity |
Founded | 2007 |
Headquarters | London, United Kingdom |
Area served | Worldwide |
Products | Matchmaking Platform, Product-Led Dashboard |
Website | www |
Angels Den is a platform which seeks to connect businesses with angel investors. It was founded in 2007.
Angels Den - now Angels Den Funding - offers an online investing platform, which allows investors to invest in pre-vetted SMEs.
Angels Den is headquartered in England.
History
The process of matching business owners and investors was initially done online, but in July 2008 Angels Den introduced the concept of "SpeedFunding" where entrepreneurs pitch to investors on a one-to-one basis.
In July 2013 the runner-up of the BBC television series The Apprentice, Luisa Zissman, found 16 investors to fund her new business through Angels Den.
In October 2013, Angels Den launched an online platform and a rebranded website.
As of 2020, Angels Den Funding was led by CEO Abhilasha Dafria.
Model
Angels Den is an online investment platform promoting investment in pre-vetted SMEs (Small and Medium Enterprises - see SME finance.) Investors often play an active role in the business, providing the initial funding, expertise and contacts to drive growth. Once an anchor investor is on board, Angels Den opens funding to other investors.
Angels Den provides various offline pitch events such as "SpeedFunding" events, where entrepreneurs present short elevator pitches to a number of investors on a one-to-one basis. Angels Den also runs "Angel Club" events for pre-screened businesses, as well as private viewings. In addition to this, Angels Den offers free, informative masterclasses to improve knowledge in all areas of investing.
EIS and SEIS
The Enterprise Investment Scheme was launched in 1994. It covers five separate forms of tax relief: 30% Income tax relief, Capital Gains Tax Deferral Relief, CGT Freedom, Loss Relief, Inheritance Tax Relief. Most businesses presented to angels via Angels Den and especially via the Tech Club are EIS or SEIS eligible.
Activities
Equity pitches on Angels Den offer investors the opportunity to purchase shares in the company. Companies that have raised funding through this method have included:
Business | Amount Raised | Equity Amount | Date |
---|---|---|---|
WhiskyInvestDirect | £1,076,472 | 20% | May 2015 |
Stylect | £100,000 | 5% | Feb 2015 |
NY Slice | £300,000 | 25% | Dec 2014 |
Antaco | £213,840 | 10% | Aug 2014 |
Beer 52 | £100,000 | 10% | Jan 2014 |
See also
References
- "Angels Den". Crowdsourcing. 21 May 2013. Archived from the original on October 6, 2013.
- "Three fifths of startups have tried but failed to get funding - Real Business". realbusiness.co.uk. Archived from the original on 15 September 2014. Retrieved 2015-06-02.
- "UK Business Angels Association". www.ukbusinessangelsassociation.org.uk. Archived from the original on 4 December 2015. Retrieved 2015-06-02.
- Morrow, Bill. "Speedfunding." Intellectual Property Office. UK Trademark 2,492,697
- Cheung, Sonja (26 July 2013). "'The Apprentice' Runner-Up Zissman Talks Highs & Lows of UK Startups". blogs.wsj.com. The Wall Street Journal.
- "Angels finally touch down on the crowdfunding for business scene". Smarta. 8 October 2013.
- ^ "Whisky investment firm raises £1m through crowfunding". 18 May 2015. Retrieved 2015-06-02.
- "Speed funding: pitching to angel investors in four minutes - video". the Guardian. 26 September 2014. Retrieved 2015-06-02.
- "Business Owners to Pitch Ideas at Speed Funding Event". London Loves Business. 29 February 2012.
- Brummelhuis, Simone (9 January 2009). "Get your business flying with Angels Den speedpitching events". The Next Women Business Magazine. Archived from the original on 2014-01-02. Retrieved 2013-08-10.
- "Angels fall in love with speedfunding". Business Matters. 7 July 2008.
- "Enterprise Investment Scheme and Venture Capital Trusts" (PDF). Alliotts Chartered Accountants and Business Advisors. Alliott Group. Archived from the original (PDF) on 2015-12-24. Retrieved 2013-08-01.
- Dunsby, Megan (3 June 2013). "Angels Den Tech Club Invests Six-figure Sum in Intelligent Positioning". Growing Business. Archived from the original on 1 August 2013.
- Newton, Richard. "Flirting with footwear on Stylect, a Tinder for shoe lovers". Financial Times. ISSN 0307-1766. Retrieved 2015-06-02.
- "Pizza takeaway concept NY Slice hits crowdfunding target | Lunch Business". lunchbusiness.co.uk. Retrieved 2015-06-02.
- "Biowaste Company Smashes Fundraising Target | UK Business Angels Association". www.ukbusinessangelsassociation.org.uk. Retrieved 2015-06-02.
- "Craft beer club Beer52 raises £100,000 through Angels Den crowdfunding platform - Startups.co.uk: Starting a business advice and business ideas". Retrieved 2015-06-02.