Pasadena Angels (PA) announced today that our group has invested a total of $5 million in 27 deals in 2015, making it the most successful year in our fifteen year history. PA members have invested over $65 million in over 175 companies since its inception. The investments span a wide variety of industries including telecommunications, consumer products, healthcare, logistics, co-working office space, biosciences, data analytics, and software technology. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity.
The Pasadena Angels’ investment portfolio in 2015 includes 13 new companies: Orca Inventory Systems, Episona, Nailsnaps, Pasture Bird, Level27, Datum Security, Veristride, Connected Signals, grandPad, Beatshare, Tallygo, Happy Desk, and Pick my Solar. Follow-up rounds include 14 companies: Transcribe Me, NabThat, Larada Science, Wasatch Microfluidics, Streamup, Cross Campus, Anymeeting, Sonoma Cider, Chai Energy, Fan Bread, CrowdMics, Schlep & Fetch, Lottogopher, and Edufii.
The Pasadena Angels had several successful exits in 2015 including MindBody Software IPO at $600 million, Bluebeam software acquisition for $100 million and Open English exit at 15X.