We are proud to announce (press release embedded below) a groundbreaking partnership with the Angel Capital Education Foundation (ACEF) and Silicon Valley Bank (SVB) that brings a level of visibility to the world of angel investing that has never existed. Working with ACEF and SVB, we will be issuing The Halo Report – a quarterly compilation of deals, dollars and associated trends and analytics on angel investments made by both organized angel groups and individual angel investors. The data underlying The Halo Report will be available to subscribers of CB Insights and will further enhance our existing industry leading data on angel group and individual angel investors. (If you are not currently a subscriber, you can sign up for free here)
We are extremely proud and feel privileged to be working with two great partners to build what will quickly become the standard for angel investment data in the US and Canada. In addition, we believe that the data-driven perspective we will be able to provide into angel investment, a vital catalyst for high growth early stage companies, will be immensely valuable not just to angel investors and the companies and entrepreneurs they serve but the entire innovation economy. This includes venture capital, growth and private equity firms, investment banks, and corporate development/M&A organizations who can use this angel data in their market intelligence and deal sourcing efforts. It also means government/economic development organizations will now be able to use rigorously collected data on angel investments to develop data-driven recommendations that can properly influence public policy and economic development directives.
The full press release announcing the partnership is below. If any questions, please don’t hesitate to email us at info@cbinsights.com.
ANGEL CAPITAL EDUCATION FOUNDATION, SILICON VALLEY BANK AND CB INSIGHTS CREATE PARTNERSHIP TO PRODUCE “HALO REPORT”
Quarterly Report Will Detail Angel Investments and Trends for First Time
Kansas City, MO, Santa Clara, CA, New York City, February 23, 2011 – The Angel Capital Education Foundation (ACEF), Silicon Valley Bank (SVB) and CB Insights today announced a partnership intended to raise awareness of early stage investment activities. Together, the three organizations will produce a quarterly research report, titled the Halo Report, which will highlight angel investment activity and trends in the United States and Canada and provide much sought after data that has not been previously available to entrepreneurs or early stage investors.
By combining CB Insights’ extensive database of private company financings, SVB’s knowledge and experience in working with startups, and ACEF’s expertise in angel investing, this partnership will offer an unprecedented level of visibility into early stage investment. The Halo Report will include aggregate analysis of quarterly investment activity by angels and angel groups and will highlight trends across topics such as round sizes, location and industry preferences, among others. The transaction details will also be available in the CB Insights subscription database for users to review and analyze themselves.
CB Insights specializes in gathering and providing data on high growth private companies. CB Insights CEO and Co-founder, Anand Sanwal, said “Unlike data on VC investments, comprehensive, rigorously collected data on angel-backed companies and angel investors does not currently exist in any centralized fashion. We’re looking forward to using our technology and capabilities in partnership with ACEF and SVB to bring greater visibility to this extremely important segment of early-stage investing and to ultimately build data-driven tools that help both investors and the startups they support.”
According to Gerald Brady, Head of the Entrepreneur Services Group at SVB, “Angel investors are the key spark that ignites the entrepreneurial ecosystem, kick-starting the investment capital that drives innovation and entrepreneurship. Given SVB’s mission to help entrepreneurs succeed, we are thrilled to be part of this partnership. Together, we will provide more transparency into angel investment activity, along with rich data and analysis that will help inform entrepreneurs’ decisions, as they produce innovative new products and build the next generation of exciting new companies.”
In addition, the Halo Report will provide information that is important for our nation’s long term sustainability, according to Allan May, ACEF Chair. “If new companies are the source of job creation and innovation as recent data and reports from the Kauffman Foundation and the Small Business Administration suggest,” May said, “then as the primary source of investment capital for entrepreneurs, angel investing needs to be well understood. This partnership provides an important step toward our goal of providing accurate data to help the public understand who angel investors are, how they operate, what their results are, and how angel investment can impact the economic recovery.”
The first Halo Report is expected to be available in the second half of 2011.
Angel groups and individual angel investors interested in including their data in the Halo Report should contact Sarah Dickey, ACEF Research Manager, for details. She can be reached via 913-894-4700 and sdickey@angelcapitalassociation.org.
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The Angel Capital Education Foundation (ACEF) is a charitable organization devoted to education and research in the field of angel investing, a growing driver of our entrepreneurial economy. ACEF was founded by the Ewing Marion Kauffman Foundation. The programs of ACEF include educational workshops and seminars, research projects and reports, and information about angel investing for the general public. ACEF is affiliated with the Angel Capital Association, the professional association of angel groups in North America. More information is available at www.angelcapitaleducation.org.
For nearly 30 years, SVB Financial Group (Nasdaq: SIVB) and its subsidiaries, including Silicon Valley Bank, have been dedicated to helping entrepreneurs succeed. SVB Financial Group is a financial holding company that serves companies in the technology, life science, venture capital/private equity and premium wine industries. Offering diversified financial services through Silicon Valley Bank, SVB Analytics, SVB Capital, and SVB Private Client Services, SVB Financial Group provides clients with commercial, investment, international and private banking services. SVB also offers funds management, broker-dealer services and asset management, as well as the added value of its knowledge and networks worldwide. More information on SVB can be found at www.svb.com.
CB Insights is a technology and information services firm that offers comprehensive information, intelligence and insights about private companies that have received venture capital, private equity, angel or government funding. Its products include the CB Insights database platform which offers structured, searchable data on companies and investors as well as FundingFlash, a daily email detailing venture capital, growth equity and angel investment deals. CB Insights is used by leading venture capitalists, private equity professionals, corporate M&A professionals, angel investors, investment bankers, and governments. For more information, visit www.cbinsights.com.
This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
- Earnings Transcripts Search Engine & Analytics to get an information edge on competitors’ and incumbents’ strategies
- Patent Analytics to see where innovation is happening next
- Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm
- Business Relationships to quickly see a company’s competitors, partners, and more
- Market Sizing Tools to visualize market growth and spot the next big opportunity