Our members invest in promising start-up and early-stage companies from Scotland’s vibrant technology and life sciences sector.
Our members share a common approach to angel investing:
They choose which of our companies they invest in and they recognise the benefits of a portfolio approach to investment, in terms of balancing and mitigating risk.
Their objective is to build businesses of scale, based in Scotland.
They support our companies by offering their expertise and access to their network but they don’t get actively involved in the running or governance of our companies (unless they are sector specialists, in which case it may be appropriate for them to be involved).
Trust in Archangels
They trust our office and independent investor directors, to ensure that our companies are on the right track, but they are keenly interested in our companies.
They understand that investing in an early-stage company can be a long journey and that patience and the ability to offer continued financial support is fundamental. On average, the period from initial investment to exit is over eight years and can typically involve five or six funding rounds; and
Give Something Back
They have a desire to give something back and develop the next generation of entrepreneurs in Scotland.
Unless otherwise stated, all financial investments are made under the terms of the Enterprise Investment Scheme (EIS) which provides significant tax advantages to investors.
The tax benefits of EIS under current legislation are:
Income tax relief at 30%
No capital gains tax on gains made by the syndicate
Full inheritance tax relief
(after two years)
Capital gains tax deferral relief
Loss relief up to 45% of net investment after income tax relief of 30%, representing total tax reliefs of 61.5% of the original investment.
Losses of individual investments are not netted against gains in the portfolio
Access to the Archangels’ office to source and manage your direct investments. As the longest continuously operating syndicate in the world, we understand early stage investing and have an excellent track record
Knowledge that all funding propositions have been carefully due diligenced by our Executive Team for several months and have the support of our Board
The right to participate in all new investment opportunities on the same basis as all other members
Opportunity to participate in follow on funding rounds for all portfolio companies, subject to pre-emption rights and any scaling back required. See our policy on scaling back in our Member Handbook
Access to our online investor portal, which details all current and historic Archangels’ investments, giving you a full statement of your Archangels investment portfolio at any time
An Archangels observer appointed to all portfolio companies from our Executive Team, who attends company Board meetings and is responsible for monitoring, supporting and where appropriate, intervening
Regular updates from the Archangels’ office on portfolio company performance
Invitation to Archangels’ events throughout the year, including Chorus (our annual portfolio company tradeshow and dinner) and AGM.
Members are also welcome to attend our New Deals Committee meetings, where our team discuss current opportunities they’re reviewing and an Archangels Board meeting and lunch.
The opportunity to engage with a group of like-minded people, who are collectively motivated by giving something back and making a real economic impact in Scotland.
We charge members an annual fee of £1,500 plus VAT, to cover some of the cost of running the office.
Our latest Annual Report, Member Handbook and more.