Melbourne Angels was formed in Melbourne, Australia in early 2007 by a group of eight businessmen experienced as entrepreneurs and interested in pursuing angel investment. With over forty members and growing, Melbourne Angels is a group of private investors who actively invest in early stage technology companies.
The group has a strong and experienced core of members that generate deal flow, are experienced in evaluation of business propositions and act as mentors for the other members and the entrepreneurs. The members vary in age and type of experience but, we all share a common passion for getting new things going. About half of us have engineering qualifications and we all have experience as successful entrepreneurs and/or angel investors.
Members are typically active or semi-retired senior business executives who, apart from financial input, can deliver value to portfolio companies through:
- management mentoring drawn from their own hands-on management experience;
- valuable introductions through their high level business networks;
- strategic guidance refined by their collective insights; and
- the fundamental benefit of sharing lessons learned from mistakes already made.
The founding members of Melbourne Angels, prior to joining the group, had previously made investments in start-up companies in sectors including information technology, software products, semiconductor technology, web services, manufacturing and in financial and business services. As Melbourne Angels grows it hopes to remain a leading angel group in Australia, an exemplar to its peers and colleagues in Australia and internationally. The group is actively building strong alliances with other angel groups throughout Australia and globally.
The core mission of Melbourne Angels is to provide its members with an enjoyable, supportive, collaborative environment in which to share investments, knowledge and networks, all while having some fun.