The non-profit, angel investor and educational network was founded in 2015 in Charlottesville, Virginia and aims to accelerate investment by members of the club in early-stage growth companies founded by, owned by, or managed by the University of Virginia alumnus. CAV Angels seeks to invest in the technology and healthcare industries and connect high-potential startups with a strong connection to UVA with UVA-affiliated angel investors for funding and mentorship. By facilitating these interactions, CAV Angels strives to elevate the entrepreneurial ecosystem for UVA Alumni by inspiring, connecting, funding, and mentoring the extended UVA start-up community.