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South Coast Angel Network (SCAN) operates as an angel investment group, providing accredited investors with exclusive access to vetted seed-stage startups. The network focuses on connecting early-stage companies, particularly within the medical, technology, and retail sectors, with crucial capital. It functions as a vital intermediary, presenting promising ventures to a curated group of investors seeking high-growth opportunities.
Established in 2019, South Coast Angel Network emerged from an insight into the regional need for structured angel investment to support nascent businesses. The organization was created to bridge the financing gap for innovative startup founders seeking early capital. Its inception aimed to cultivate a platform fostering economic growth through strategic private investment.
SCAN primarily serves accredited investors seeking diversified portfolios in high-potential startups and entrepreneurs requiring seed funding. The network's vision focuses on enabling early-stage ventures to secure necessary capital for development and expansion. It strives to cultivate a robust regional ecosystem where local innovation thrives through direct financial support.
South Coast Angel Network has 2 tracked investments across 2 companies. The latest tracked deal is $3.0M Series C in SonarMed in October 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2017 | SonarMed | $3.0M Series C | South Coast Angel Network | BioCrossroads, Baylor Angel Network, Central Texas Angel Network, Hyde Park Angels, Queen City Angels, Spring Mill Venture Partners, VisionTech Partners |
| Apr 1, 2015 | eyeQ | $1.2M Other Equity | — | Brian Grigsby, Dreamit Ventures, Houston Angel Network |