Investments
112Portfolio Exits
8Funds
7About Queen City Angels
The Queen City Angels (QCA) invests in early-stage businesses in the Cincinnati area and the surrounding region. The group specifically looks for (1) Potential to become a high-growth enterprise with annual revenues of $10 million or more within a reasonable timeframe, (2) Location within a 150-mile radius of Cincinnati, (3) An entrepreneur who is open to mentoring and coaching, (4) A strong, if not complete, management team to execute the business plan, (5) A reasonable valuation that reflects the risk/reward expectations of Angel investors, (6) A credible exit strategy for investors, (7) A need for capital in the range of $200,000-$1,000,000, and (8) Proprietary technology, early market lead, or other strong barriers to competition.The firm does not invest in deals whose capital requirements are below $200,000. Those deals are directed to Queen City Angels First Fund.
Queen City Angels Headquarter Location
11427 Reed Hartman Highway
Cincinnati, Ohio, 45241,
United States
513.477.0809
Latest Queen City Angels News
Jun 1, 2021
Standard Bariatrics, Inc. , a Cincinnati, OH-based bariatric surgery medical device company, raised $35M in Series B funding. The round was led by U.S. Venture Partners (USVP) with participation from new investor River Cities Capital, RiverVest® Venture Partners, Hatteras Venture Partners, Queen City Angels and Emergent Medical Partners. Led by CEO Matt Sokany, Standard Bariatrics has developed the Titan SGS™, a design that offers surgeons performing sleeve gastrectomy, a bariatric surgical procedure for obesity disease. In April of 2021, the company’s Titan SGS™ stapler received clearance from the US Food and Drug Administration allowing the device to be used in bariatric surgery requiring the creation of sleeve pouch anatomy (sleeve gastrectomy). The submission was supported by the completion of a successful 62-patient study. FinSMEs 01/06/2021
Queen City Angels Investments
112 Investments
Queen City Angels has made 112 investments. Their latest investment was in Guardian Medical USA as part of their Unattributed on November 11, 2021.
Queen City Angels Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/15/2021 | Unattributed | Guardian Medical USA | $2.44M | Yes | Undisclosed Investors | 1 |
6/1/2021 | Series B | Standard Bariatrics | $35M | No | 1 | |
5/13/2021 | Seed VC | Qualifi | $0.6M | Yes | Elevate Ventures, Flywheel Fund, Sixty8 Capital, and Undisclosed Angel Investors | 3 |
9/30/2019 | Series A | |||||
4/18/2019 | Angel |
Date | 11/15/2021 | 6/1/2021 | 5/13/2021 | 9/30/2019 | 4/18/2019 |
|---|---|---|---|---|---|
Round | Unattributed | Series B | Seed VC | Series A | Angel |
Company | Guardian Medical USA | Standard Bariatrics | Qualifi | ||
Amount | $2.44M | $35M | $0.6M | ||
New? | Yes | No | Yes | ||
Co-Investors | Undisclosed Investors | Elevate Ventures, Flywheel Fund, Sixty8 Capital, and Undisclosed Angel Investors | |||
Sources | 1 | 1 | 3 |
Queen City Angels Portfolio Exits
8 Portfolio Exits
Queen City Angels has 8 portfolio exits. Their latest portfolio exit was Ecolibrium Solar on July 09, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
7/9/2020 | Acquired | 1 | |||
Date | 7/9/2020 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Queen City Angels Fund History
7 Fund Histories
Queen City Angels has 7 funds, including QCA First Fund V.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/31/2016 | QCA First Fund V | Early-Stage Venture Capital | $4.33M | 1 | |
12/31/2013 | QCA First Fund IV | ||||
7/31/2009 | QCA First Fund III | ||||
6/1/2005 | QCA First Fund II | ||||
9/4/2003 | QCA First Fund |
Closing Date | 3/31/2016 | 12/31/2013 | 7/31/2009 | 6/1/2005 | 9/4/2003 |
|---|---|---|---|---|---|
Fund | QCA First Fund V | QCA First Fund IV | QCA First Fund III | QCA First Fund II | QCA First Fund |
Fund Type | Early-Stage Venture Capital | ||||
Status | |||||
Amount | $4.33M | ||||
Sources | 1 |