The Angel Partner Program:
Latin American entrepreneurs are creating world-class global companies, and many leading startups in the USA are recruiting top talent from across the region as well. Unfortunately, most of the resulting value created is not being shared by Latin American investors. This program aims to change that through a co-investment vehicle and co-learning experience with Socialatom to allow Latin American investors to compete for the best deals in the world, to maximize their investment performance through sophisticated portfolio strategies and to add value to the portfolio companies.
The First ‘Executive MBA’ for Venture Investors in Latin America
Apply for Membership
Join the global network of Angel Partners
Angel Partner Benefits
Knowledge and experience
Investment Returns and Diversification
Branding and ongoing access to top deal flow
All media and branding is done in strict cooperation with the Partners, and individual names will never be used in public without express consent. It is likewise possible to brand someone in the world of startups and venture finance without being too open to the general public.
Opportunities and competitiveness for your own business
Regardless of one’s area of focus, digital technology will have profound impact in both expected and unexpected ways. Investing in high-growth startups not only brings diversification and a hedge against technological change, but affords a close view of new technologies that may prove relevant to one's own business. Startups are always looking to do business with large companies, and are often acquired due to the value of their technology and team.
Program Director & Methodology
Erik holds an MBA from Harvard with Distinction, was among a small portion of students chosen by his professors as an official departmental tutor in finance and international business and economics, and is coordinating with professors of the school to help modernize and globalize the entrepreneurship curriculum.
Through this approach, the Partners will confront real world situations facing these companies and will even directly advise the founders on courses of action to take.
Previous Portfolio Samples
Sample of previous companies in which Angel Partners invested and worked on business cases as they unfolded real-time. These companies demonstrate that startups are a diverse group of companies that cut across different types of business models and sectors, using technology to solve some of the most important problems facing the world today.
In 2012 Ryan Shearman was nearly killed when a vehicle rear-ended his motorcycle. Motorcycles suffer from an accident rate 37x higher than cars per mile traveled in the USA , with the vast majority of accidents coming from collisions with other vehicles. This experience led Ryan to found Fusar Technologies, maker of the world’s most advanced smart motorcycle helmet to use augmented reality for collision avoidance and navigation.
The first Angel Fund was among the first investors in Fusar’s seed round, which went on to close $1.1 million over the next four months, win ‘Most Promising Hardware Startup’ in New York’s Startup Weekend and achieve many important business advances. In November of 2015, Fusar launched its campaign to begin receiving pre-orders, and received over $150,000 in orders in only its first week.
The CEO was one of the top commanders of the US Special Forces in Iraq and Afghanistan, serving with such distinction that General Petraeus then personally wrote his letter of recommendation to do his joint masters at Harvard Business and Kennedy Schools.
The app allows for tracking the security of team members in terms of what is happening around them (alerts for security threats in terms of natural disasters, incidents or unrest) and what is happening to them directly. One can instantly request check-ins, forward information on security risks and establish a 'geo-fence' which will send an instant alert if a team member leaves the established area. The app does however strongly respect privacy, and team members can activate a ‘privacy mode’ that only gives their location within a certain larger radius and without compromising the overall security features.
The first Angel Fund has invested along with leading US and international investors, and Socialatom has been working very closely with the team to build its client base among large companies operating in Latin America, as well as its media exposure.
Shortly after Socialatom’s investment, Bluesmart went on to execute over $2 million in pre-sales in four months in one of the most successful crowdfunding campaigns in history, enter Y Combinator (the most prestigious startup program in the world) and receive over $11.5 million from leading investors around the world.
The CEO Diego Saez-Gil is originally from Argentina, along with a substantial part of their developer team.
Authy completed Y Combinator - the most prestigious accelerator in Silicon Valley with an acceptance rate of less than 3%, raised 2.5 million dollars in only a couple of weeks from leading global investors for a total of $5m in funding, and was subsequently acquired by Twilio - a leading cloud communications company in San Francisco valued at over $1 billion.
Dario the CTO was previously a key element at OnDeck Capital where he helped the platform deploy over $1 billion dollars in small business loans and on the track for a successful IPO.
Jorge Sun the CEO before creating LendingFront, served as Chief Credit Officer, and helped OnDeck complete an Initial Public Offering (IPO) that raised over $200 million.
Socialatom was the first investor in LendingFront. Subsequent to its investment, the company went on to bring on several leading financial institutions as pilot clients, raise approximately $1 million from top New York investors and win the 2015 BBVA OpenTalent competition across other financial-technology (“fintech”) startups across the United States, bringing a EUR 30,000 prize and agreement for a project together with BBVA.
Who is right for the program
This fund seeks global-minded business executives who intend to use the knowledge, experience and resources gained to continue as active investors and mentors to Latin America’s next generation of global entrepreneurs. Previous expertise with digital technology is absolutely not required, nor is it the most important theme discussed. Startups are a business like any other and must navigate matters of recruiting, fundraising and financial strategies, sales and marketing and product vision.
The program consists of contributing to a co-investment vehicle with Socialatom and undertaking an educational component designed to build expertise and track record. Involvement in the educational component is at the discretion of each investor and is carefully based on their schedule. Investor accreditation is required to qualify.