April 1, 2014
2013 Halo Report
The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the 2013 Halo Report about the Angel Group Investment trends for full year 2013.
The angel activity is on the rise, with more high-valuation deals than the previous year, the median round size in 2013 was around $600K per deal.
The angel investing market is showing early signs of warming up, with co-investment round sizes and valuations trending upward to three year highs,” said Rob Wiltbank, Vice Chairman of Research, Angel Resource Institute. “With a continued progression toward more even distribution of investments nationally, entrepreneurs throughout the country are likely to find it easier to access angel investors for critical early stage funding.”
The largest share of angel deals (19%), with the greatest amount of investment (20%), continue to occur in California, yet overall deals are becoming more evenly distributed across the rest of the nation. The dollars invested, however, remain more concentrated. In 2013, 67% of angel group dollars were invested in the top five out of ten regions: California, New England, Great Lakes, Mid-Atlantic and the Southeast. The same five regions completed 63% of the deals.
Source: Angel Resource Institute
More detailed information in the following presentation, released by Halo