Phenomenelle Angels Fund Investment Criteria

INVESTMENT CRITERIA

Patented or Proprietary technology

Solve big problem for large and/or rapidly-growing market

Strong management team.

A woman or an ethnic minority must be a substantial owner or one of the Senior Executives, (CEO, COO or CFO). One of the senior executives must have had relevant entrepreneurial experience.

One year to breakeven or profitability

Have or be on a runrate for $1 million or more in revenues with plans to grow to $20 million or more within 5 years

Prior seed round backing from founders, sophisticated investors, and/or strategic partners

Our investments will typically be in the $100,000 to $500,000 range, with a reserve for follow-on investments. We expect to lead and/or participate in a syndicate of other angel investors in many circumstances.

Phenomenelle Angels Fund, 1, LP • University Research Park • 510 Charmany, Suite 175B • Madison, WI 53719 • 608-441-8315