Members can volunteer to serve on the Screening Committee that meets two weeks before the regularly scheduled member meeting. Company screening criteria will typically include, but is not limited to the following:
- Company headquarters in Western Pennsylvania, Eastern Ohio, or Northern West Virginia
- Experienced and talented management team;
- Beta product
- Business proof-of-concept via customer sales commitments
- Visibility to cash flow breakeven
- Clear exit strategy
- A minimum of +10 times return expected within 3-5 years
- Primary operations in targeted industries aligned with the Allied Angels’ membership interest
- Investment requirements between $200,000 and $1,500,000
- A pre-money valuation of less than $5,000,000