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Angel Investor Detroit MI

For entrepreneurs who are looking to launch their start-up company and need some outside investment, there are angel investors out there who will provide your start-up with funding. Angel financing can be easier to receive than venture financing. Angel investors have a lot of wealth and will help fund your company in exchange for ownership equity or convertible debt, and also for an opportunity to mentor the next generation. Please scroll down to learn more about how your company can connect with angel investors in Detroit, MI.

Yasmin Elrada
22200 Ford Rd
Dearborn Heights, MI
Adam Walsh
28411 Northwestern Hwy
Southfield, MI
Jeffrey Doud
2401 W. Big Beaver Rd
Troy, MI
Bank of America - Woodward/Mack
313.832.4744
3670 Woodward
Detroit, MI
Chase Bank
(313) 868-6327
11606 Woodward Ave
Detroit, MI
Charles Davis III
21 Kercheval Ave. Suite 270
Grosse Pointe Farms, MI
Anthony Rogalski
888 W. Big Beaver Rd.
Troy, MI
Anthony Agbay
1450 W. Long Lake Road
Troy, MI
Fifth Third Bank
Wayne State University, 4501 Woodward Ave Suite 102
Detroit, MI
Chase Bank
(313) 964-2158
1450 Trumbull St
Detroit, MI
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Angel Investor

You know your startup will need outside financing - an angel on your shoulder who blesses you with cash. But you want to keep as much control of your company as possible. What do you do?

“The object is to delay outside investment and build as much value as you can into your business before you seek outside investment,” says Bill Payne, a serial entrepreneur and experienced angel investor.

Payne founded the Vegas Valley Angels in Nevada and now is an entrepreneur-in-residence at the Kauffman Foundation in Kansas City, Mo. It’s the only large American foundation to focus on entrepreneurship, and has been at it in depth for more than 12 years.

Angel investors are a good financing option, Payne says, but should be sought only after the entrepreneur’s own assets and capital are exhausted. Angels are in the game to be compensated for risk — the earlier they invest, the higher the risk, and the more equity stake they own in your business.

Payne gives this example: A startup needs an infusion of $500,000. Few milestones have been reached. No product has been sold. Mainly, what the entrepreneur has is a good idea and a good business plan.

“The investing process starts with a pre-money valuation of the company, or a subjective discussion of the worth of the venture,” Payne says. “Because so few milestones have been met, the pre-money valuation will not be that high. In this example, say the pre-money valuation is $1 million.”

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