We place an emphasis on working with companies that are looking to solve unique issues broadly within the tech space. Reflecting on our portfolio, and the portfolio of our management team, we make a wide range of investments in verticals including
Internet of Things
Pandamonium Partners (PP) facilitates the introduction of entrepreneurs to investors through presentations and other mechanisms. PP consists of individual angel investors, family offices, and other high net worth individuals interested in financing privately held companies or ventures, typically in early stage development.
How Do I Become a Member?
Members must qualify as an ‘accredited investor’, as defined under Rule 501 of the SEC regulations, which defines an individual accredited investor as: “Any natural person who’s individual net worth or joint net worth with that person’s spouse at the time of his/her purchase exceeds $1,000,000”; OR “Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year.”
Members must also have prior investment experiences, industry experience as defined by one of the below industries, be predominantly located in New York, NY; Boston, MA; Philadelphia, PA; or Minneapolis, MN.
New members must be sponsored by a current member. Members must agree to abide by the terms and conditions of the PP Membership Agreement. Members must pay annual membership dues and must make minimum angel investments commitments of at least $10,000 per year.
Process for Membership Qualification
Qualifying individuals are invited to consider becoming members of Pandamonium Partners. Membership is at the discretion of PP’s Membership Committee and is subject to annual renewal, non-renewal, revocation, or termination by PP’s Membership Committee.
Interested parties must complete the Membership Agreement and Membership Survey, and submit the same as directed on the Membership Agreement.
The Membership Committee will review all applications for membership and endeavor to provide applicants with a written response within thirty (30) days of completed application submission. (Your payment, whether by check, or credit card, will be held for processing until after your membership has been approved.)
PP membership may be terminated or membership revoked at the discretion and determination of PP’s Membership Committee, should it be determined that a PP member has breached any term of PP’s membership agreement. A member will be notified in writing by the Membership Committee of the intent to terminate or revoke membership, and the on-notice member shall have thirty (30) days in which to submit a written response to the Membership Committee, should the member deem his/her actions or inactions do not warrant or qualify for termination or revocation of membership. The Membership Committee shall consider, in good faith, such on-notice member written response within thirty (30) days. The decision of the Membership Committee is final.
What are the Benefits of Membership?
Events: Quarterly (eventually monthly) investor meetings with presentations from pre-screed companies for members’ investment consideration. Afterward, there will be time for discussion of members’ observations and analysis.
Access to ‘Members Only’ section of the website, which includes:
- Access to all deal flow through PP’s online database
- Copies of all presentations and materials provided at meetings
- Member Discussion Areas online forums to confidentially discuss or comment on business plans, companies, and general investing topics with other members
- Best practice sharing of investment tips and documents
- Ability to form due diligence committees around various deals up for discussion and analysis
Opportunities to interact with other angel investors and meet individuals experienced in working with young companies.
Frequently Asked Questions (FAQ):
What is an angel investor?
An angel investor is an individual who makes direct investments of personal funds into a venture, typically early-stage businesses. Because the capital is being invested at a risky time in a business venture, the angel must be capable of taking a loss of the entire investment, and, as such, most angel investors are high-net-worth individuals. These individuals are nearly always ‘accredited investors’ as defined under the Securities Act of 1933.
What is an angel group?
An angel group is a formal or informal assemblage of active angel investors who cooperate in some part of the investment process. Key characteristics of an angel group are: control by member angels (who manage the entity or have control over the entity’s managers), and collaboration by member angels in the investment process.
Is membership in Pandamonium Partners restricted?
Yes. Please read the description of membership requirements and review the entire content of the Membership Agreement.
How do I learn more about angel investing?
PP conducts periodic training programs for new members as an intensive introduction to angel investing. Periodically, PP has speakers on relevant topics as part of the monthly meetings. Members also learn from other experienced angel investor group members.
Must I make a minimum number (or amount) of investments each year in order to remain a member?
Yes, you must make at least 1 investment per year in order to remain an active member.
How will presenting companies be selected?
Members can refer in opportunities that they are interested in for presentation, and deals may be found through our networks and events.
How is due diligence conducted?
Due diligence is conducted by a committee that’s assembled following a vote to determine interest by members. If there’s sufficient interest amongst members, the due diligence committee will convene to evaluate whether or not the company is suitable for investment.