Top 12 Angel Investors in Virginia [2023]

Virginia is a state that is home to many great investors and entrepreneurs. The state has several angel groups and venture capital firms that can help get your business off the ground, including Virginia Venture Partners and Blue Heron Capital.

1.Virginia Venture Partners

Virginia Venture Partners is a venture capital firm that invests in early-stage technology companies. The company has offices in Reston, Virginia and San Francisco, California.

Virginia Venture Partners was founded in 2002 by three former AOL executives. The company has invested over 0 million in more than 100 companies since its inception, including:

• Knowntify – acquired by Zendesk for 0 million in 2016
• Plaid – acquired by Goldman Sachs for 0 million in 2018
• Spruce Finance – acquired by Sofi for 5 million in 2019

2. Gladstone Capital

Gladstone Capital is a venture capital firm that invests in early-stage technology companies. It was founded in 1991 by Jim Breyer, a Harvard graduate who also worked at Goldman Sachs. The company has offices in Washington, DC and San Francisco, California.

Gladstone Capital’s mission is to invest in entrepreneurs who build great businesses for the long term by supporting founders who are passionate about their vision for their business and have the ability to execute well. Gladstone Capital takes a hands-on approach to all stages of investments, including initial deal sourcing and due diligence through post-investment support, as they help turn portfolio companies into premier players. plan in their industry segments while building value over time through strategic exits or internal growth opportunities

3. Cyberco

Cyberco is a venture capital firm that invests in early-stage technology companies. Cyberco was founded in 2005 and is based in Richmond, Virginia. Cyberco has invested in over 120 companies since its founding.

Cyberco has offices in Richmond, Virginia and San Francisco, California. The company also has an affiliate office in Tel Aviv, Israel.

Cyberco is a venture capital firm that invests in early-stage technology companies. Cyberco was founded in 2005 and is based in Richmond, Virginia. Cyberco has invested in over 120 companies since its founding. Cyberco has offices in Richmond, Virginia and San Francisco, California.

4. Blue Heron Capital

Blue Heron Capital was founded in 1999 by Steve Anderson, co-founder of Ironport Networks. In addition to being a venture capital firm, Blue Heron Capital also operates as an incubator for early-stage technology companies seeking funding.

Blue Heron Capital invests in companies across the country with a focus on southern states including Virginia and North Carolina. They typically invest between 0,000 and million per company with the expectation that these companies will grow into larger companies within three years of funding from Blue Heron Capital.

5. 757 angels

757 Angels is a group of investors in Hampton Roads, Virginia who invest in early-stage companies. They were founded in October 2016 and have invested over million in local startups.

The Angels are a group of local investors who provide seed capital to local startups. They help businesses grow by providing advice and mentorship, as well as financing. The Hampton Roads Angel Network was founded in October 2016 by a group of professionals from across the region. The goal is to connect entrepreneurs with experienced investors and create a community where entrepreneurs can get support from their peers and mentors.

6.Riverbend Capital

Riverbend Capital is a venture capital firm that invests in early-stage technology companies. Riverbend Capital was founded in 2012 and is based in Richmond, Virginia,

The company focuses on helping entrepreneurs build world-class businesses by providing capital and advice. The company also provides access to valuable networks, talent and markets that can help the business succeed.

Riverbend’s investment team has deep experience across industries including IT Healthcare, Enterprise Software, Fintech/Mobile Payments, E-Commerce/Marketplace, Clean Technology/Energy Efficiency, Science of life (biotechnology and pharmaceuticals), cloud computing / Big Data Analytics

7. Clock

As for funding, Clockwork is a venture capital fund that invests in start-up companies. The company was founded in 2017 by David McLaughlin and has invested in over 100 companies since its founding. It’s based in Arlington, Virginia, but you can find the team traveling across the country seeking new opportunities and meeting founders.

Clockwork has made investments in many areas of the tech industry including transportation (e-scooters), real estate/property management (SQFT), food delivery (Doordash) and more.

One of the coolest things about Clockwork is that it’s a VC company without any VC investors. Instead, it’s a fund run by entrepreneurs for entrepreneurs. Clockwork partners have been on both sides of the table and understand what founders want and need from their investors.

8. Winters and Strivers

Winters and Strivers is an early-stage venture capital fund that focuses on consumer, enterprise and financial technology. They are based in Virginia.

They invest between 0,000 and million in companies with a market capitalization of less than million. The average investment size is -2 million.

Their investment terms are flexible but usually include a liquidation preference of 1x the invested capital, which means that if you sell the business for less than the amount invested, you must return all your profits to them before withdrawing from the investment. money yourself (The other common term is “participation”).

They usually don’t have a lock-in period for their investors; However, they require investors not to be accredited to provide personal guarantees for their investments if new businesses have asked them as part of the due diligence process before investing.

9. Invest LLC

Investture LLC is a private equity firm that invests in seed and early stage companies. The company has invested in a number of companies, including Vizify (acquired by Google), Zoom.ai (acquired by Salesforce), and WalkMe (acquired by Perficient).

The company was founded in 2013 by Ryan Rappaport, Hunter Walk and Robert Hohman. The company has offices in San Francisco and Los Angeles. It is a private equity firm that invests in seed and early stage companies.

10. Washington Wealth Advisors

Washington Wealth Advisors is a private equity firm that provides capital development and business development services to start-up companies. Washington Wealth Advisors was founded in 2012 by Michael Kammes and Mark Belessi. The firm provides both debt and equity, as well as strategic support to its portfolio companies.

Washington Wealth Advisors has invested in more than 100 companies since its inception, including software company Palantir Technologies, data visualization company Tableau Software, cybersecurity company Carbon Black (acquired by Thoma Bravo), Financial Wellness Provider Lending Home ( acquired by Platinum Equity), Supply, Supply Chain Management Software Developer Vertex Systems LLC (acquired by Dimension Data), and security software maker Cylance Inc.

11. 8th Street Investments

8th Street Investments is a venture capital firm that invests in early-stage startups. Their investments are in the range of 0,000 to 0,000 and they invest in both seed and Series A towers. The firm’s portfolio includes companies like Nubank, Carrot, and Bodega.

They are currently investing on their fourth fund, which totals 0 million. The company’s headquarters are in New York, with offices in San Francisco and Tel Aviv.

The company was founded in 2016 by Ben Narasin and Jeremy Levine. The duo came together while working at Google Ventures, where they backed companies like Uber, Casper, and Instacart. They left Google Ventures to start their own venture capital firm.

12. Thyor Ventures

Thyor Ventures is a venture capital firm that invests in early-stage companies with strong growth potential. They invest in technology companies, particularly software and internet services companies, with offices in Richmond, Virginia and Austin, Texas.

Thyor Ventures was founded by Tim Kienzle who has over 30 years of experience as an entrepreneur, executive and investor in technology companies. He previously served as CEO of Intelliseek International Company (NASDAQ: INTE), which he co-founded in 1995 and built into the leading provider of online information management solutions for large corporations globally before selling it to Thomson Reuters Corporation (NYSE: TRI) in 2005; and as President and CEO of Pivotal Solutions Inc., where he led its transformation from a regional ERP software provider to one that provided business/IT solutions across multiple industries including healthcare, service finance and manufacturing. Kienzle is currently on the board of Thyor Ventures II LP along with other prominent investors such as David Hallock who sits on the boards of Georgetown University Hospital System Foundation & Discovery Communications Inc.

Conclusion

Virginia is an attractive place for investors, but it’s not easy to get started. These 12 are some of the most respected angel investors in the state and can help you find your way through this difficult process.