Tuesday, April 16, 2013
Central Texas Angel Network Holds Steady In Angel Investment Ranking
The Central Texas Angel Network continues to be one of the most active angel investment groups in the nation, according to a new ranking released this morning studying angel investment activity nationwide. According to the 2012 Halo Report, released by The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights, CTAN was ranked number 5 in the nation in terms of angel investment activity. CTAN was also ranked in the same spot last year.
The Halo Report is a national survey of angel group investment activity. The report said that pre-money valuations for early stage companies remained steady at $2.5M, median angel round size for Q4 2012 was $690K in Q4 2012 for the second quarter in a row.