Mid-Atlantic Angel Group

Address: Building 100 Innovation Center 4801 S. Broad St.,

City: Philadelphia

State: PA

Zip: 19112

Country: US

The Mid-Atlantic Angel Group Funds I &a; II, LP (MAG I &a; II) were created to bridge the gap between angel funding and institutional venture capital funding serving the Greater Philadelphia Region. These member-managed funds provide investors with an opportunity for active involvement in diversified venture capital investments throughout Pennsylvania, New Jersey, Delaware, New York, and Maryland. The funds seek to leverage various public and private funding resources and networks by providing equity capital to seed and early-stage, technology-based, high-growth companies. Fund members include experienced entrepreneurs, high net worth individuals, institutions, and other accredited investors interested in realizing a high return on invested capital in Regional technology companies and being a key part of Regional growth. Modeled after the best practices of other successful angel funds operating around the country, MAG I &a; II are the first formally structured angel capital venture funds in the Greater Philadelphia Region and seek to intelligently leverage Regional and statewide funding and other public and private partnership opportunities. MAG I was formed in January 2005 and has completed investments in 12 companies and has 89 angel and institutional investors. MAG I has completed its funding cycle. MAG II was formed in April 2009 and has 65 angel and institutional investors and is actively seeking to make investments.

Contact Phone:
+12159726700

Contact Email: