Description
Shasta Angel Group for Entrepreneurs (often branded Shasta Angels) is a regional angel investor network of accredited investors based in Redding, California, USA, focused on providing early-stage capital and mentorship to founders in Northern California and beyond. The group partners with entrepreneurs to help grow scalable ventures by connecting capital, expertise, and strategic support.
Pre-Seed / Seed: Primary focus on early-stage ventures where angel capital can move companies from concept toward early traction and growth.
Early Institutional: Members may participate in follow-on financings if the startup attracts additional investor interest.
• Typical Investment Size: Shasta Angels does not publicly list typical check sizes or minimums on its website; like many angel networks, individual member checks vary by investor commitment, and group participation in rounds often aggregates into the low- to mid-six-figure range consistent with broader angel group norms (e.g., ~$150K–$500K+ total).
• Equity Taken: Shasta Angels does not publish a fixed equity percentage it always takes — equity ownership is negotiated per deal based on valuation, total round size, and investor participation, as is standard for angel group investments.
– In typical angel/seed rounds, collective investor dilution across all participants usually falls in the ~10%–25% range of total company equity, with individual angel stakes proportionate to each investor’s contribution and negotiated on a deal-by-deal basis. (This range reflects broader angel investment norms where specific terms aren’t published by Shasta Angels.)
– Because Shasta Angels is a network of individual accredited investors, ownership stakes for its members are typically minority positions relative to the company’s full cap table — meaning no controlling interest — and are structured in line with early-stage investor norms. (Industry context for angel groups.)
• Equity Structure: Investments are generally made via preferred equity, SAFEs, or convertible instruments common in angel/seed financings; exact terms and governance rights (e.g., board observer seats) are negotiated on a per-deal basis.
Submission Method: Founders submit their company for consideration via Shasta Angels’ online application/contact process; selected companies are invited to pitch to members, usually followed by diligence and negotiation.
Pitch: Shortlisted startups present (often a 10-minute pitch and Q&A) to the angel membership.
Due Diligence: Interested investors conduct deeper diligence on business model, team, and financials after initial screening.
Eligibility
Sector Focus: Broad — early-stage technology, scalable enterprise and consumer solutions, and other high-growth opportunities that align with angel investor interests.
Geography: Focus on Northern California (especially the Shasta region) but compelling opportunities from outside the immediate region may be considered by members.
Stage: Pre-seed and seed with potential for rapid growth and strong returns.
Company Profile: Founders with scalable business models, early traction, and strategic potential.
Process
Initial Intake & Screening: Team, traction, and fit with investor interests are evaluated.
Pitch Presentations: Founders pitch their business to the group.
Due Diligence: Deep dive into the startup’s plan, market, and metrics.
Term Negotiation & Close: Equity ownership, valuation, and rights are negotiated with investors.
What an Applicant can Obtain
Strategic Capital: Early-stage funding from accredited angel investors — often aggregated into meaningful seed rounds to fuel initial growth.
Mentorship & Network: Guidance from experienced business leaders, including potential board or advisory roles from members.
Follow-On Support: Members can support later rounds and co-invest with other angel or VC investors