The Pasadena Angels was founded in 2000 and is one of the longest running angel investing groups in Southern California. We have invested over $75 million in 190 plus companies. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity. Recent notable exits for the Pasadena Angels are Mind Body Software (NASDAQ:MB) reaching $1 billion and Bluebeam Software, acquired by Nemetschek for $100 million.
The Pasadena Angels has been consistently ranked as one of the top ten angel investing groups in the country according to Forbes Magazine (2015) and Angel Resource Institute's HALO report (2017). A nonprofit entity, the Pasadena Angels offers early stage start-ups capital investments; as well as mentoring from the expertise of more than 100 investor members with over 4,000 years of combined business expertise. Our $1.5 million PA Fund 1 was formed in 2016 with the sole purpose of co-investing exclusively in deals subscribed by Pasadena Angels members.