Description
Tamiami Angel Funds is a member-managed family of angel investment funds based in Naples, Florida, USA, that pools accredited investor capital to back early-stage, high-growth companies — with a preference for startups that have initial traction, scalable business models, and strong teams, often including Florida-centric opportunities.
Pre-Seed / Seed: Invests in early institutional rounds, typically where companies have some initial customers or working products.
Early Institutional / Series A: Can invest in follow-on rounds as startups mature and attract additional capital.
Expansion: Occasionally participates in larger growth financings through pooled capital from members.
Typical Investment Size: According to market and investor listings, Tamiami Angel Funds generally deploy $50,000–$500,000+ per company, though actual dollars can be higher when pooled across members and multiple fund vehicles.
Equity Taken:
• No fixed ownership percentage published: Tamiami Angel Funds, like most angel and early institutional groups, does not state a fixed equity stake it always takes — equity terms are negotiated per deal with founders based on valuation, round size, and investor mix (standard practice for angel funds).
• Founder-side expectation (industry context): In seed/angel rounds, institutional investors of this profile typically end up with meaningful minority positions (often ~5%–15% for a lead or large participating investor’s stake), with total dilution across all investors often around ~10%–25% depending on valuation dynamics. (This range reflects general early-stage norms where specific fund targets are not published.)
• Tamiami’s pooled funds allow members to combine capital for negotiation leverage, but negotiation still happens on a deal-by-deal basis with founders and co-investors.
Equity Structure: Investments are typically structured via priced equity, convertible notes, or SAFEs consistent with early angel/seed transactions (deal structure negotiable per round).
Submission Method: Founders submit business plans and pitch materials via Tamiami Angel Funds’ online application to present to the investment review committee and member network.
Pitch Process: After review, selected companies pitch to the investor network, followed by diligence and term negotiation.
Eligibility
Sector Focus: Broad — technology, healthcare, biotech, consumer products, fintech, education, clean tech, industrial and more.
Geography: U.S.-wide, with a preference for Florida-based or regionally connected companies.
Stage: Seed and early institutional, typically with early revenue or customer validation.
Team: Founders with strong execution capabilities and a clear path to growth.
Process
• Initial Intake & Screening: Review of deck, traction, and team; alignment with investment criteria.
• Presentation & Evaluation: Pitch to members — angel investors vote and conduct diligence.
• Due Diligence: Further analysis of market fit, financials, and growth potential.
• Term Negotiation & Close: Founders and investors agree valuation, equity share, rights, and structure.
What an Applicant can Obtain
Strategic Capital: Early institutional funding from a pooled angel network that can provide meaningful seed capital.
Mentorship & Network: Access to experienced accredited investors offering guidance, strategic insights, and introductions.
Follow-On Support: Potential to participate in later rounds and syndicate additional investors as the company scales.