There are many different ways to manage an Angel Investor Network. Gust and Proseeder are both active and popular choices. However, there are others, depending on what aspects you want to manage. At the last “Meet the Angels” event in Seattle, we had 8 of the local Angel Groups presenting. We got ask the question about what tool we used. Most of them had been using Gust in the past. Many of them had switched to Proseeder. One of them had abandoned both Gust and Proseeder and was using a spreadsheet. None of the Angel platforms do everything that an Angel Group needs for the life cycle of the groups investments. This becomes especially true if you are doing cohort based investment processes like we do at the Seattle Angel Conference. You have to manage the flow of companies, from awareness of the investor group through the selection and pitching process, past the investment into the portfolio management all the way to close. Preferably keeping good statistics along the way. At the same time, you have to manage the flow , engagement , collaboration and lifecycle for the investors from Awareness of the group to managing the final investments to closure. Again, keeping good records along the way. AngelList works to create awareness and tries to make it easy to manage deals. But it does very little for group management and lifecycle of investors or companies. Seed Invest , Funders club , Microventures and other sites like them, try to take on some of the deal flow process, and to offer some form of curated deal flow. But again do very little to manage the investor side of the equation. Assure Services manages the backed investment process, and now with the newer software, makes it easier to pull together investors for a deal. But it really is deal by deal, with no group management. For group management and communications, people use many communication tools. We use meetup.com, google groups, google drive , spreadsheets in addition to Gust, to make it possible to manage our communications and our portfolio. f6s.com - #1 for startup founder deals, accelerators & funding , approaches the process from a lifecycle of the company point of view. If you have alignment with accelerators, you might find this a useful tool for looking at deals, but it misses the other side of managing the investors. There is a tool that t are using at Slush 2018 and in estonia for Lattitude 59 , called Startup Includer, which focuses on helping cohorts of companies be managed. Startup Includer Seraph Consulting | United States | Home has a program that is focused on managing the angel Investor portfolio, but again is only looking at a piece of the issue that you are raising , when you ask about “managing an Angel Group” As I indicated earlier, there are no platforms that currently solve the complete lifecycle of what an Angel Group needs to effectively manage the deal flow, the company lifecycle, the investor portfolio and the investor group lifecycle. You will end up using many tools.
A few examples are the following: Gust — The Angel Investor tool that we use at the Seattle Angel Conference. Pro seeder — A program that we use at Attitude 29 to manage our portfolios. AngelList Angel Group Management — A tool that we use for our investors to manage all the deals that come in. Slush Seattle F188.8.131.52 — I can't see how this will ever work. Angel investor groups that we spoke to have no formal structure in place, and that can be a real barrier to getting people involved. There are no formal processes, and there is no set number of investors that are required to form an Angel Group, such as there is for an incubator group, or for angel investors. It is a group of individuals. If not, there is likely an organizational structure already in place. There are no formal or informal processes or.