Desert Angels ranked as top 5 for most active investment angel group in US

The Angel Resource Institute, Silicon Valley Bank and CB Insights released the Q2 2013 Halo Report, a national survey of angel group investment activity, and ranked Desert Angels in the top five for most active angel groups in the United States for Q2.
2013_Q2_Infographic_HaloReport_crop“Being ranked in the top five of the Halo Report is validation of the hard work I personally and Desert Angels have been doing over the last four years to significantly support our early stage community. Our recognition among groups that hail from California, New York, Texas and other entrepreneurial states shows how significant Tucson and Arizona are in terms of angel investment and innovation,” said Curtis Gunn, Chairman of Desert Angels.
In 2013, Desert Angels have invested in 17 companies totaling over $4M, mostly in early stage companies.
Most recently Desert Angels closed on a $517K sidecar fund which adds to current investments made by the group.
The report identified median angel round sizes down to $590K per deal, median pre-money valuations remaining stable at $2.5M and 74% of deals are syndicated. When angels co-invest with other types of investors the median deal size is $1.95M.
Read more about Desert Angels and their investments at AZTB.
Read the complete Halo Report here.