Investment Process

Our deal screening and decision-making process generally takes between two weeks and 90 days and includes the following steps:

Please start by reviewing our Investment Criteria.
If you meet our criteria, follow the link to Gust, our online deal management system, and follow the instructions to submit an application.

Your application will be reviewed by our Screening Committee and, if a positive consensus is reached, you will be invited to pitch your business opportunity at one of our monthly Screening Meetings in Pittsburgh.

At the Screening Meeting, you will be given 20 uninterrupted minutes to present your business opportunities and 15 minutes for Q&A
The Screening Committee will vote following your presentation and may recommend you to present to the general Member Meeting.

If you are selected to pitch at the Member Meeting, you will be given 20 minutes uninterrupted to present your investment opportunity and 15 minutes for Q&A.
Following your presentation, the investors will have a private discussion and may choose to proceed to due diligence.

Prior to committing to any investments, BlueTree Allied Angels performs a detailed due diligence process lead by our Due Diligence Committee.
Our process, based on NVCA best practices includes several phases, including:
- Review of all pertinent documents including financial statements, tax returns, articles of incorporation, customer contracts, cap tables and supplier contracts.
- Meetings with the management team to ask questions and discuss the aforementioned documents.
- Contacting references including customers, suppliers and former employers.
Our findings will be summarized in a due diligence report provided to each of our members. Upon reviewing the report, members will have the choice whether or not to invest.

If enough investors are interested following the due diligence phase, we will proceed to term sheet negotiation.
If a mutually agreeable term sheet is negotiated, we will then proceed to deal closing.