Riverbend Angels is a group of investors from the greater Quad City region who invest in start-up and emerging companies. Our members are passionate supporters of entrepreneurship and attaining their investment goals.
Member experience includes:
Entrepreneurs who have founded and grown companies to successful exits
Entrepreneurs who have acquired and grown other local companies
Senior executives from local Fortune 500 companies
Our process is a systematic way to make sure that the Entrepreneur is ready to present to the group
and members are prepared to invest.
Entrepreneurs are directed to our website by members, friends and affiliates of Riverbend Angels, social media, or by internet search engines. Entrepreneurs then complete an online application to present utilizing the gust.com platform. The application will include a slide deck or presentation, pro forma and other helpful information.
Selections committee members review the application, request additional information, and prepare the Entrepreneurs to present to the selections committee via webinar. The selections committee then schedules them in an upcoming meeting, requests further information or refinement of their presentation, or thanks them for their efforts and points them in an appropriate direction to continue their entrepreneurial aspirations.
The entrepreneur presents to the whole group at a dinner meeting. Following his or her 20 minute presentation, there is a 15 minute Q&A session with the entrepreneur. The entrepreneur is excused and the membership discusses if any individuals have an interest in pursuing the investment. If so, a deal lead is chosen and he or she arranges an in depth meeting with the entrepreneur and individual members who are interested.
The deal lead and interested members continue to follow up with the entrepreneur during subsequent meetings. This provides a more in depth look at the company.
Once a successful follow up process is completed, interested members will then form a due diligence team and begin the investment process.
Once due diligence is positive and investment terms are negotiated, a due diligence report is given to the entire membership to determine final interest.
Success! Members individually invest in the company.
Riverbend Angels does not invest as a group in companies. Individual members invest in the company through an appropriate vehicle of their choice. Members are free to choose what investments they participate in, how they invest, and how much they invest.