italian angels for growth
TRANSCRIPT
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Who we are
Italian Angels for Growth (IAG), the largest AngelGroup in Italy, was founded in 2007 as a non-profitassociation, by nine Founding Members.Nowadays IAG consists of about 120 members.Our purpose is to promote entrepreneurshipas an engine of economic growth and a tool ofdemocracy in our country.
We strongly believe in the need to help newentrepreneurs to rise and grow the companies ofthe future.
Our organization is promoted and managedexclusively by individual investors and weoperate in order to offer our members the bestopportunities to invest in. The Organization is,therefore, totally apolitical and independent fromspecific sources of deal flow, public or private
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Our values
Global Vision
Profit
Sharing
Innovative Entrepreneurship
Merit
Passion and Fun
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How we operate: investment process
PreScreening
Screening groups
Screening committee
General assembly
Due diligence
Investment
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Our investment focus
We invest in Italy and abroad wherewe work with partners such as otherangel groups or funds
Target sectors
we invest in any sector where we have at least one expert
member
Level of innovation
strong proprietary product or process innovation, both in new
and traditional sectors
Investment stage
early stage financing, including seed but above all start-up
financing
Investment amount
from €300,000 to €800,000
Target companies
start-ups and young companies (up to 2 mil € in revenues) with
high growth potential
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Soft commitment
From 22.02.08 to 31.12.14
In due-diligence & negotiation
BP received Screening groups
Rejected by screening groups
Presented to members
Deals closed
2135
457 (21%)
561 (27%)
92 (4,4%)
61 (2,8%)
30 (1,4%)
7 (0,3%)
Our Deal Funnel
2395
470 (20%)
629 (26%)
104 (4,3%)*
66 (2,8%)*
32 (1,3%)
6 (0,3%)
PassPack, Biogenera, Quotient, Senseor, S5 Tech, Trumedia, Spreaker, Nomesia, Ohikia,
On-Sun, WIN, Stereomood, Agroils, Sedidicodici, Margherita, Eugea, Proxtome, Angiodroid, Musement, Cellply , Lovli, GiPS
Tech, Biobeats, Wineverse, Qurami + 6 Individual invest.
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Portfolio IAG by industry: amount invested
Medical/Diagnostics;
€ 2.200.000
Internet; € 1.282.500
Cleantech;
€ 1.420.000
ICT / IT / HiTech;
€ 1.997.500
Electronics;
€ 1.344.000
BioTech / Life
science; € 2.090.000
Media /
Entertainment;
€ 659.000
Telecom / Mobile;
€ 185.000
Other sectors;
€ 461.000
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Portfolio IAG by Geography
Piemonte
Lombardia
Toscana
Lazio
Emilia Romagna
Friuli V.G.
Spreaker**Eugea
BiogeneraAngiodroid
Cellply
MargheritaNomesiaS5TechOhikia
MusementLovli
Drexcode
SediciDodici
StereomoodPasspack*
Qurami
AgroilsWIN
*Biobeats
UK/Spagna On Sun SystemsIsreale/USA TrumediaFrancia SenseorUK Quotient*Italia/USA Passpack, Biobeats**IT/USA/DE Spreaker***USA/Italia ProxToMeUSA Tok.Tv, Biobeats
28 Startups
Outside Italy
5
3
6
Calabria 1GiPS Tech
ProxToMe***Wineverse
2
1
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A total of 43 investiments, 27 first rounds, 10 follow-on roundsand 6 individual investiments.
Our results
Total investments amout to more than € 11.7M (€23M including co-investors).
Benchmarking trips: 8 (USA x2, Israel, China, UK, Sweden, Slovenia, India,
Germany)
Winner of the 2010 EBAN award for Best Investment in a Social Enterprise
(Biogenera)
Shortlisted for the 2010 EBAN award for Business Angel Group of the Year
Winner of the 2011 EBAN award for Best Angel of the Year (Francesco Marini
Clarelli)
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IAG members’ geographical distribution
117 Members
Principato di Monaco 1
Lombardy 58
North - West 8
Emila Romagna 10
North – Central 7
North-East 20
Como 1Cremona 1Bergamo 2
Milano 50Varese 1Monza 3
Roma 12
Firenze 1Pisa 1Prato1 Siena 1
Torino 4Cuneo 1
Genova 3
Udine 7Pordenone 4Trieste 1
Belluno 1Verona 5Padova 2
Terni 1Ancona 1Perugia 1
Bologna 6Modena 2Piacenza 1Parma 1
Outside Italy
Lazio 12
Sicily 1Palermo 1
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14% Consultant
19% Finance
24% Entrepreneur
37% Manager
6% Other
IAG members’ background