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Riverbend Angels operates as an angel investment network, focusing on early-stage and emerging companies. The group provides vital seed capital along with strategic guidance to promising startups, aiming to foster innovation and growth within the entrepreneurial ecosystem. Its primary function is to connect accredited investors with founders seeking early-stage funding and mentorship for their ventures.
Riverbend Angels was established in 2017 by founders Monte Bottens, Tom Trone, and Aaron Tennant. The inception arose from a clear need to cultivate a robust startup community and provide crucial funding avenues within the Quad Cities region. Their insight stemmed from recognizing a gap in local access to early-stage investment and dedicated support for burgeoning businesses.
Entrepreneurs with innovative business ideas are the primary beneficiaries of Riverbend Angels' support. The network aims to empower these founders to transform their visions into viable, successful companies. Riverbend Angels envisions a thriving regional economy driven by sustained entrepreneurial activity, where access to capital and expertise enables a new generation of enterprises to flourish.
Riverbend Angels has 1 tracked investment across 1 company. The latest tracked deal is $3.5M Pre-Series A in BoodleAI in December 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 8, 2020 | BoodleAI | $3.5M Pre-Series A | Sean Dowling | Nathan J. Howard Trust |