Sacramento Angels is a member-driven angel investor network based in Sacramento, CA, USA that connects accredited angel investors with pre-seed and seed stage startups across Northern California and beyond. Members collaborate to source, diligence, and invest in early-stage opportunities and may lead or co-invest alongside other investors.

Pre-Seed / Seed: Core activity; the group invests primarily in early-stage ventures and supports startups through growth and syndication.

Typical Check Size: Sacramento Angels members typically participate in rounds that range from ~$50K up to ~$500K, either through pooled investments via a Sacramento Angels LLC or as individual direct investments.
Valuation Scope: Often seed valuations that justify these check sizes, though exact ranges vary by company and co-investor involvement.
Typical Ownership Taken: Sacramento Angels does not publicly set a fixed percentage equity target per deal. Instead, ownership is negotiated on a round-by-round basis between founders and participating members. Because the group functions as a syndicate of individual accredited investors, equity positions result from deal terms and valuation negotiations rather than a uniform mandate.
Industry Norm (Guidepost): In typical angel rounds, collective angel dilution in seed financings often ends up around ~10–25% of total company equity, with individual investor stakes commonly falling in the ~1–10% range based on the valuation and amount invested by each party.
Equity Structure: Investments are negotiated as priced equity or convertible instruments (SAFEs/notes) depending on round structure and terms agreed among members and founders.
Governance: Some members may serve as board directors or advisors depending on deal specifics and their level of participation.

Submission Method: Founders apply online via a deal submission portal (Dealum) or via referral; selected companies are invited to pitch at regular investor meetings. 
Sprint Pitch Approach: Most meetings feature two startups presenting to members 6–8 weeks apart, followed by deeper diligence with interested investors. 

Sector Focus: Broad growth sectors including B2B SaaS, enterprise software, fintech, digital media, medtech, biotech, ag & food tech, and consumer products.
Geography: Primarily Northern California (Sacramento region) but will consider companies beyond the immediate region.
Stage: Early stage — pre-seed to seed with product or early traction and strong growth prospects. 
Team: Founders with strong execution capability and entrepreneurial vision.

Initial Intake: Submission and preliminary screening by a selections team.
 Pitch Presentation: Founders present to the full membership meeting.
 Due Diligence: Interested members conduct group or individual diligence.
 Investment Negotiation: Term negotiation between founders and participating members; investment may be executed via an LLC aggregation vehicle or individual checks.

Strategic Capital: Early investment from accredited angel members in the $50K–$500K range (per aggregated round or individual participation). 
Mentorship & Network: Support from experienced entrepreneurs, executives, and angel investors — potential introductions to additional capital, partners, and customers. 
Governance Assistance: Guidance via board members or advisors where applicable; ongoing engagement through founder updates and ecosystem connections.