RTP Angel Fund is a member-managed early-stage investment fund based in Research Triangle Park (Raleigh-Durham), North Carolina, USA, focused on providing institutional capital and strategic support to startups primarily in the RTP region and Southeast U.S. It is not a loose pitch network but a committed capital fund with over 50 investors pooling resources to lead or participate in early rounds.

Pre-Seed / Seed: Core focus. Targets companies raising first institutional capital.
Series A: Possible participation when there is strong momentum and continued fit.

Typical Check Size: $50 K – $250 K per company, with an average around ~$150 K.
Target Ownership Taken: RTP Angel Fund does not publicly state a fixed percentage equity target per deal; ownership is negotiated in each round based on valuation and total capital raised. However, based on industry norms for early-stage investors writing ~$100-$250 K checks, investors of this scale typically acquire minority equity stakes (~3 %–10 %) per investor or vehicle participation in a seed round (rounded based on typical valuation dynamics where similar check sizes translate to single-digit ownership).
Equity Structure: Deals are usually priced preferred equity, SAFE, or convertible instruments — typical for pre-seed/seed investments 
Governance: Minority positions without control; board/observer rights negotiated when appropriate.

Submission Method: Startups can apply via direct outreach or introduction — the fund reviews opportunities as received. 
Initial Screening: Introductory call with the fund team. 
Screening Committee: Selected companies present to screening committee. 
Member Meeting & Vote: Founders may present at a member meeting; investment decisions are voted on after due diligence. 
Term Sheet & Close: Upon approval, term negotiation and closing follow. 

Sector Focus: Broad, driven by member expertise — not limited to a single industry.
Geography: North Carolina (Raleigh-Durham) priority, with consideration for Southeast U.S. deals if strongly recommended.
Stage: Pre-seed, seed, and occasionally early Series A. 
Company Profile: Venture-scale opportunities with strong founding teams.

Initial Intake: Review of application for fit with stage and thesis. 
 Pre-Screen Call: Short introductory call to assess opportunity. 
 Screening Committee Pitch: Formal company presentation. 
 Member Meeting & Due Diligence: Presentation to members and diligence. 
 Member Vote & Term Negotiation: Final decision and deal structuring based on valuation and round composition. 

Strategic Capital: Seed/pre-seed checks sized to help achieve early milestones (~$50 K–$250 K). 
 Mentorship & Network: Access to funding and guidance from a diverse group of experienced local investors. 
 Follow-On Support: Potential syndication with ecosystem investors and support into later rounds.