INVESTMENT CRITERIA

Jumpstart believes that wealth creation starts with a strong relationship between the angel investor and the entrepreneur. All Jumpstart angels invest personally in a company.  In other words, Jumpstart angels do not pool funds to invest as a fund.  The result is a strong, personal bond between angels and entrepreneurs. The membership has diverse interests and preferences and each member makes his or her own investment decisions. However, the following criteria can be used as a guide to apply for funding:

  • Early stage growth technology companies with high potential return for investors.

  • Geography – Mid-Atlantic Region. 

  • Preference for proprietary or innovative technology that disrupts traditional businesses.

  • Capable and complementary team of at least 2 founders ~ no sole proprietors or lifestyle businesses.

  • Scalability of business model ~ Total Potential Addressable Market Size > $100M.

  • Proof of concept with an articulated sales strategy (i.e. minimum sales traction of $50K - $80K in reoccurring revenue or at least 2 paying pilot customers.

  • Articulated Funding Cycle Predictions and Exit Strategy (within 5-8 years).

  • Investments range from $25,000 - $1,000,000 - Jumpstart total investment is typically around $150K-$250K. Syndication with other groups for up to $2,000,000 raise is possible.

  • Reasonable valuation commensurate with the opportunities and risks. Jumpstart typically invest in companies in the $1M - $5M pre-money valuation range.

  • Member investment interests are varied. Preferences include but are not limited to the following areas: IOT, AI, SaaS B2B, HealthCare IT, Medical Devices, Robotics, Alternative Energy, Shipping/Logistics Tech, Cybersecurity.

  • Typically, we do not invest in food, fashion, pharmaceutical drug development, consumer products or very early stage startups that do not have a compelling technology, minimum sales traction and/or proof of concept.

FREQUENTLY ASKED QUESTIONS (FAQs)

HOW DO I MEET JUMPSTART ANGELS?

Jumpstart regularly holds Meet the Angels events. Jumpstart Angels also speak at many regional events, meetups and startup conferences. Our partners organizations such as the  New Jersey Technology Council (NJTC), NJEDA, Techlaunch among others,  sponsor events where you may meet a Jumpstart member.  

WILL ANGELS HELP RUN MY BUSINESS?

Angels have different attitudes on getting involved in your business. Some angels are passive investors while others are mentors. A few angels will even help with the day-to-day management of your business. You need to find the angel that offers the capital and the level of involvement you need.

WHAT IS THE JUMPSTART REVIEW PROCESS?

Applications are screened monthly and companies are invited to present for funding if there is sufficient interest. You will be invited to make a ten minute presentation followed by a ten minute Q&A at a monthly Jumpstart meeting. Most presentations do not immediately result in funding. However, you will gain valuable input and experience as well as the opportunity to network with our seasoned angels. Chances of success will improve dramatically if you are introduced to Jumpstart by a member angel or by one of our partners within the NJ ecosystem. 

CONTACT US

ADDRESS - 6 Walnut Hill Drive, Chester, New Jersey 07930

PHONE - 856-813-1440 

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