South Coast Angel Network (SCAN) is a regional angel investor network that helps accredited individual investors connect with and invest in early-stage startup companies via presentations, screenings, and investment facilitation — typically in seed or early post-seed financings. It functions similarly to other angel networks where members participate individually or pooled in deals rather than operating as a single institutional fund.

Pre-Seed / Seed: Core focus on early‐stage rounds where angel capital can help founders take products toward traction.
Follow-On: Individual participating angels may join later rounds alongside other investors depending on company progress and interest.

Typical Investment Size: South Coast Angel Network does not publicly disclose a standard check size, but angel groups of this type typically participate in rounds that aggregate from hundreds of thousands to a few million dollars total with individual members committing smaller amounts relative to that.
Equity Taken:
• SCAN does not have a fixed equity percentage it always takes — equity terms are negotiated on a deal-by-deal basis with founders and participating investors.
• Industry context for angels: In seed/angel financings, collective investor dilution often falls in the ~10%–25% range of total company equity, and individual participants’ stakes correspond to how much they invest relative to the valuation and total round size.
• Individual angel investors in such networks frequently end up with single-digit percentages per investor (e.g., ~1%–10%), depending on round size and valuation; the aggregated network’s share depends on how much capital it collectively contributes.
• Equity structures are typically priced preferred equity, SAFEs, or convertible notes, depending on what founders and angels agree to in each round (standard early-stage practice).

Submission Method: Founders generally initiate contact via SCAN’s website or outreach to the group, submitting pitch materials and engaging with members for consideration and possible pitches. 
Screen Meets: Companies that pass initial screening may then present to interested angel members for feedback and potential investment.

Sector Focus: Broad — early‐stage technology and growth ventures (technology, healthcare, analytics, etc.) have been associated with the network’s portfolio.
 Geography: Historically oriented toward South Coast/California startup ecosystem, though compelling opportunities outside strict geography may be considered by individual members.
 Stage: Seed to early post-seed with potential for scalable growth and traction. 
Team: Strong founding teams with clear execution plan

Initial Intake: Founders submit a pitch deck, team bios, and market overview for initial review.
 Screening: A committee or network members evaluate fit with SCAN’s interests and readiness for investment.
 Pitch Presentation: Shortlisted companies are invited to present to members in a forum.
 Due Diligence & Terms: Interested individuals conduct diligence and negotiate deal terms with founders.
 Close: Investments are finalized with individualized equity agreements.

Strategic Capital: Early funding from accredited angel investors to advance product development, growth, or go-to-market efforts. 
 Mentorship & Network: Access to experienced angel investors and introductions to broader investor ecosystems. 
 Follow-On Support: Through angel participation, founders may gain access to additional rounds via co-investors or syndicates.