The Central Texas Angel Network (CTAN) is dedicated to providing quality early-stage investment opportunities for accredited investors and assisting entrepreneurs by being a vital source of information, educational resources, and advisors. CTAN offers a wide range of opportunities for new investors to learn angel investing and expand their portfolio. For experienced angel investors, CTAN provides a great way to increase deal flow and co-invest with passionate angel investors. By becoming a member, you'll benefit from numerous angel investment opportunities in Austin, TX and beyond.
CTAN provides a structured forum for investors to source cooperatively and vet deal opportunities. This orchestration includes a full process, from application to member voting to pitch night to due diligence. All due diligence is driven by the members, utilizing broad and deep experiences across the membership to assess the opportunity quickly.
CTAN is a member-driven organization where your money is your money. When you invest, you are on the cap table as the investor, not CTAN. CTAN does, however, maintain the orchestration of the deal and periodically follows up with invested startups on status and progress.
Each Funding Cycle is at least six weeks long. CTAN offers up to six funding cycles each year. Below, you will find more details about our funding cycle process.
CTAN members review entrepreneur applications and vote for companies in which they have the highest interest. The top eight companies that garner the most member interest are invited to proceed to our Screening Pitch Event and Initial DD Review.
Selected companies are invited to our Screening Pitch Event on Tuesday of Week 2. Member Voting 2 occurs immediately after the screening pitch night. In the Initial DD Review, each data room (of the Top 4-6 member-voted companies) and related materials are reviewed by CTAN’s Investment Committee to ensure that there are no “deal killers” (such as $500k CEO salaries, etc.) that would preclude an applicant from being invited to Pitch Night.
Companies that make it through the Screening Pitch Event, Member Voting 2, and CTAN’s Materials Review are invited to present to the broader CTAN membership at Pitch Night, which includes a cocktail hour for networking with investor members. If enough CTAN members express continued interest, we’ll schedule due diligence meetings with the team and interested CTAN members.
Selected companies meet with an interested group of CTAN investors for full due diligence. From the interested investors, a Deal Team needs to be created to continue moving a deal through our process. The Deal Team will work with the company to better understand the business model and value proposition. In due diligence, we conduct customer reference calls, competitive analysis, market sizing, team reference calls, etc.
Interested in becoming a member now? In order to join the network, potential members must:
Please note that we prorate membership dues based on the month that you join. You can access our application by clicking HERE.
As a member-driven organization, there are many benefits ranging from learning angel investing, engaging with entrepreneurs, to expanding quality deal flow. Once approved as a member, our onboarding process is quick and simple. Once you join CTAN, all events, investment opportunities, and community information are easy to access online and supported by our wonderful CTAN staff. New member orientation occurs twice annually, and it is the best place to learn about CTAN and ask questions.
For all new members, we encourage you to develop an investment hypothesis that best fits your objectives and passions and use that as a starting point. Further, we highly encourage you to volunteer throughout the organization, especially for due diligence roles where you will learn about CTAN investment approaches and the well-documented CTAN templates that help streamline due diligence and investments.
Over 110 Angel Members
Founded in 2006, CTAN is the longest-running Angel Network in Austin and serves the Texas area. CTAN specializes in angel investing and co-investment opportunities.
CTAN is grateful for the generous support of Our Sponsors & is a proud member of the Angel Capital Association.
The Great State Of Texas
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