Ohio TechAngels Fund

Company

Investment-firm

Last deal

Amount

Venture - Series Unknown

Stage

01.01.2023

Date

1

all rounds

General

About Company
Ohio TechAngel Funds invests in early-stage Ohio-based C-Corporations to commercialize innovations.

Industry

Sector :

Subsector :

Also Known As

OTAF

founded date

31.12.2004

Number of employees

Last funding type

Venture - Series Unknown

IPO status

Private

Description

OTAF IV will make 14 initial investments of $325,000, and seven of these companies will receive follow-on investments of $175,000. The typical round size is $750,000 to $2.5 MM, and if this is more than OTAF and sidecars will fund directly, then they will formulate a syndication strategy to socialize the company with their investment partners around Ohio and the Midwest. To qualify for investment consideration from OTAF, the company must be based in Ohio, organized as a C-Corp legal entity, and part of the subsectors of IT, Life Sciences, or Advanced Materials.
Contacts