To Our Friends & Partners:
I am proud to say 2013 was an active year for the Baltimore Angels. We are closing on our 5th year, and have grown in a variety of ways. We have seen a growing number of investment applications (200+ this year alone), versus 700 in total since the groups inception. There is a lot of momentum building in the region and specifically here in Baltimore.
As part of our mission to support and improve the regional ecosystem, this year we were excited to launch the Angel Education Series, which focuses on connecting the public to the world of start-ups, entrepreneurial ideas and investment education. Our initial sessions were focused on a macro view of the early stage funding environment by our friend Paul Singh, followed by a detailed talk on convertible note financing by our friends at Miles & Stockbridge, and finally, group member Hugh Evans presented a talk on the impact that 3D Printing will have and what opportunities it will present. We are excited about continuing this series in 2014.
Most importantly, however, our members continue to invest in the region (just under $1M in 2013), and they continue to connect with passionate entrepreneurs to bring their ideas to fruitful execution. This year, the Baltimore Angel’s made investments in the following companies:
We also spent time to focus on outreach and our group brand. We continued our sponsorship of the Baltimore Tech Breakfast, spoke at a number of events, and were active supporters of the InvestMaryland Challenge. We have also re-energized our social media presence via Twitter, Google+, and Facebook. We encourage you to connect with us on these channels as we will be very active in 2014.
All of this activity and effort is certainly not a single person effort. I would like to take this opportunity to thank our operations manager Sean McElroy, who has been with us since August and has done an amazing job with helping our group continue to build momentum and get to the next level. In addition, I’d like to thank Ed Chalfin, who has always stepped up to the plate and helped us move the chains forward on multiple fronts, including chairing our pre-screening committee. Aaron Helm, who was the group’s administrator (Dec 2012 – August 2013), was also super helpful in setting us up for success. And finally, to ALL of our group members who actively participated, sourced deals, and took a lead role, and our sponsor Miles & Stockbridge, thank you for all of your efforts and contributions to the group. We look forward to a productive and fruitful 2014.
On behalf of the Baltimore Angels, thank you for your support this year. With your help, we are eager to build on this strong momentum, and will be working for more great things in 2014.
Happy New Year!
Greg Cangialosi, Co-Founder and Managing Member
The Baltimore Angels is a group of angel investors based out of Baltimore, Maryland. The group’s mission is to advance early-stage entrepreneurs with promising ideas to the next stage, and to support and develop the regional entrepreneurial ecosystem. To learn more, please visit the Baltimore Angels website and Baltimore Angels Gust profile.