Tag: Alamo Angels

Alamo Angels invests all-time high of $1.6M in 2022
20Dec By Iris GonzalezNo Comments
Articles, Featured

Alamo Angels invests all-time high of $1.6M in 2022

Alamo Angels has invested $1.6M in 2022, an all-time high for the San Antonio-based angel investment group. That amount is almost triple the $600,000 the angel funding group invested in 2021 and equals the amount funded in Alamo Angel’s first five years.Founded in 2016, Alamo Angels invests in innovative early-stage companies. The organization has invested $3.2 million in 32 active companies to date. Three-quarters of the companies are based in Texas, with 44% in San Antonio. Half of these companies are run by minority founders, and 25% of the companies have female founders or CEOs.Alamo Angels’ most recent early-stage financing equity funding was awarded to three San Antonio-based startups: Betty’s Co., PrintNet3D, and Darkhive.Betty’s Co. won the top prize in the 2021 TechFue...
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Robotic Prosthetics Startup Alt-Bionics Raises $283K Seed Funding
16Aug By Iris GonzalezNo Comments
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Robotic Prosthetics Startup Alt-Bionics Raises $283K Seed Funding

Alt-Bionics founder Ryan Saavedra announced Friday he had raised $283,000 in seed round funding. The investment will get Alt-Bionics closer to its goal of helping those seeking an affordable robotic hand.The amount raised came from angel investments, friends and family, city investment, and venture capital, Saavedra said. The City of San Antonio invested $50,000 from its SAMMI Fund to support medical military innovation, while the Alamo Angels contributed $25,000. Alt-Bionics is also participating in the San Antonio-based VelocityTx BioGlobal Accelerator and has received a $37,000 investment from the program. Alt-Bionics' first investment was $50,000 from participating in the Norfolk State University Innovation Center (NSUIC) incubator program in 2020. The University of Tex...
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Alamo Angels Invests in UTSA Grad’s Affordable Prosthetic Startup Alt-Bionics
23Apr By Iris GonzalezNo Comments
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Alamo Angels Invests in UTSA Grad’s Affordable Prosthetic Startup Alt-Bionics

An engineering graduate has gone from a prototype bionic hand to pre-seed funding to produce an affordable medical device for the market in less than a year.Alt-Bionics announced Friday a $25,000 investment from Alamo Angels, a San Antonio-based accredited angel investor network. The funding gets Alt-Bionics closer to helping thousands of individuals access one of the most inexpensive prostheses available in the marketplace."Alt-Bionics mission is to create highly affordable prosthetic devices for below-elbow amputees," founder and CEO Ryan Saavedra said. "We plan to expand our line of prosthetics over time to produce bionic upper and lower extremities."The University of Texas at San Antonio (UTSA) electrical engineering graduate's robotic hand won second place at the univ...
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What’s Happening in Venture Capital? Local Investors Weigh In
18May By Iris GonzalezNo Comments
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What’s Happening in Venture Capital? Local Investors Weigh In

Startup founders know the COVID-19 pandemic has changed investor funding for the foreseeable future. Beyond the obvious shift to virtual pitching and team meetings, what else is going on in the world of venture capital (VC)?We spoke with three San Antonio investors who are tracking what’s changing during the global pandemic, and more importantly, looking ahead at the investing landscape over the next year or so. Level playing field, opportunities abound for innovative companiesIn April, Active Capital founder and CEO Pat Matthews said his venture firm had invested in eight portfolio companies and three new ones.“We also closed two Series As, two sidecars, and one M&A [mergers and acquisitions] transaction. I wouldn’t say it’s been business as usual, but it’s been busy,” ...
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After the Geekdom Pre-Accelerator, FloatMe App Secures $25K from Alamo Angels
5Jun By Iris GonzalezNo Comments
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After the Geekdom Pre-Accelerator, FloatMe App Secures $25K from Alamo Angels

The Alamo Angels have committed to investing at least $25,000  in early-stage financing equity funding for FloatMe, Alamo Angels executive director Cat Dizon announced at the investors’ event Wednesday evening.Founder Josh Sanchez experienced firsthand paying for unexpected car expenses with a payday loan for $200 that turned into a $250 payback balance after only two weeks. Sanchez started thinking of less expensive options to access money short term and developed the FloatMe app in 2017 to enable workers to get a “float” or short-term advance on their next paycheck without paying hefty fees or interest.The other startup to receive a $25,000 Alamo Angels investment was Checkups,  a San Antonio-based startup provides bond agencies and local municipal jurisdictions a mobile applicat...
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Geekdom Pre-Accelerator Participant Checkups Scores $25K from Alamo Angels
5Jun By Iris GonzalezNo Comments
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Geekdom Pre-Accelerator Participant Checkups Scores $25K from Alamo Angels

The Alamo Angels have committed to investing at least $25,000  in early-stage financing equity funding for Checkups, Alamo Angels executive director Cat Dizon announced at the investors’ event Wednesday evening. The San Antonio-based startup provides bond agencies and local municipal jurisdictions a mobile application and software platform for monitoring clients who are out on bond while awaiting trial.Founder Enrique Pavlioglou was one of six San Antonio startups participating in Geekdom’s six-week pre-accelerator program. Josh Sanchez's FloatMe was the other pre-accelerator startup participant that also received a $25,000 Alamo Angels investment."Alamo Angels saw a huge opportunity to invest in both companies and add them to our growing portfolio of local startups," Alamo Angels ...
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Alamo Angels Investor Group Searches for New Executive Director
2Apr By Iris GonzalezNo Comments
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Alamo Angels Investor Group Searches for New Executive Director

San Antonio-based Alamo Angels, a group that invests in startups, announced Cat Dizon is leaving the executive director role and will be transitioning out later this month, according to an email sent to Alamo Angel members Tuesday.Before joining Alamo Angels in September 2018, Dizon was co-founder, chief operating officer, and partner at Active Capital, a venture firm based in San Antonio focused on leading seed rounds for business-to-business software as a service (SaaS) companies. She continued as a part-time Active Capital venture partner throughout her tenure at Alamo Angels and plans to return to Active Capital to help grow the firm she co-founded.Read more: Alamo Angels Names Cat Dizon as Its New Executive Director"With the support of Pat [Matthews, Active Capital founde...
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Alamo Angels Names Cat Dizon as Its New Executive Director
5Sep By Iris GonzalezNo Comments
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Alamo Angels Names Cat Dizon as Its New Executive Director

San Antonio-based Alamo Angels, a group that invests in startups, announced Cat Dizon would assume the executive director role effective immediately, founding executive director Chris Burney said at an Alamo Angels pitch event Wednesday evening.Dizon has over 20 years of operations experience, 11 of which was at Rackspace where she was the director of corporate strategy and development leading in mergers and acquisitions, cloud business operations, staff operations, and customer support.  Before joining Alamo Angels, Dizon was the chief operating officer and partner at Active Capital, a venture firm based in San Antonio focused on leading seed rounds for business-to-business software as a service (SaaS) companies. She plans to continue at Active Capital as a part-time venture partn...
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Tech2sDay July Event To Feature Alamo Angels Investor Network
10Jul By Iris GonzalezNo Comments
Articles, Featured, Sponsored Post

Tech2sDay July Event To Feature Alamo Angels Investor Network

The July 19 Tech2sDay  event will be a special networking opportunity for members of San Antonio's tech ecosystem. Tech Bloc has asked the Alamo Angels to attend, giving many the chance to meet some of San Antonio's most influential, active startup investors and learn more about how local angel investors qualify investment opportunities.RSVP for the event here which takes place July 19 from 5 to 7 p.m. at 5 Points Local. For those who RSVP the first drink is on the house and there will be food and music along with tech ecosystem networking.The Alamo Angels investment syndicate brings members together to pool resources and expertise for investments. In addition to capital investments, Alamo Angels provide access to educational and business development resources and high-value connec...
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Startups Share Experiences from Geekdom Pre-Accelerator Program
30May By Iris GonzalezNo Comments
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Startups Share Experiences from Geekdom Pre-Accelerator Program

The growth in entrepreneurially-minded founders developing new companies in San Antonio is driving demand for early-stage startup programs. In response, downtown San Antonio co-working space Geekdom launched its Pre-Accelerator program in April with six startups in its first cohort. The program is designed to prepare San Antonio startups for an accelerator or seed investment while learning from expert mentorship.Read more: Geekdom’s New Pre-Accelerator Program to Mentor 6 StartupsThe six teams will present at the Geekdom Pre-Accelerator Demo Day May 31 at the Aztec Theater. Register at the event link for a free ticket. Each team will pitch for three to five minutes, answer questions, and receive feedback. The Alamo Angels have committed a $25,000 minimum early-stage financing equit...
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