Southern Angel

Contact details
Southern Angels
Av. Presidente Errazuriz 3485
Las Condes, Santiago Chile8
E-mail: fernando@prieto.biz
Tel: 56 2 3311417
Website: www.southernangels.cl

 
MISSION STATEMENT and OBJECTIVES of the ORGANISATION

Date of creation : Southern Angels started in July 2004.

Mission
Our mission is to be the first and main instance of angel investment in Chile, providing a « matching » service between investors and early stage companies. .

Objectives
We seek to strength the inmature early stage venture capital industry by achieving many and good invests to be considered « the model» for the Chilean and Latinamerican angel investors industry.

Activities and benefits

  • 18 Venture Forums
  • 74 evaluated projects
  • 82 projects presented in Venture Forums
  • 481 interviews between investors and companies
  • 15 invested projects; invests for USD 5 millions.
  • We arrange 5 Venture Forums per year, and we have organized training programs and summits at national level Presentation about Angels around Latin America
 
THE NETWORK IN NUMBERS
Number of BANs in your federation
Although we do not have formal assotiations in the country nor in the region, we are leading the creation of a Chilean federation and helping to create the Latin American Angel Assotiation

Number of business angels
We have 70 accredited investor members.

Geographical coverage of your network members' activities
CHILE

 

 

 

 

 

 

   
   
For Entrepreneurs
  • What is an angel investor?
  • What are angel groups?
  • How do I find an angel group?
  • What is the difference between angels and Venture Capitalists?
  • How do I know my business is right for an angel group investment?
  • When should I approach an angel group?
 
For Investors
As venture capitalists are moving up the ladder to higher amounts, business angels are increasingly active in the very early stage of companies, and are required to invest in several rounds of financing for the same company as there is a lack of follow-on investment. This new equity gap concerns amounts from 1 million to 3 million €, depending on the country.