Park City Angels

What Park City Angels does

Park City Angels is a member-based angel investment network headquartered in Park City, Utah, comprising 85+ (87+ active as of 2024) accredited individual investors. Founded in 2008, it is self-described as Utah's largest and most active angel investment group, focused on pre-seed to Series A companies from across the United States, with deep regional roots in the Wasatch Back and Mountain West. Its stated mission is to reduce risk in early-stage investments through best practices, structured screening, and collaborative due diligence. The network screens roughly two companies per month at its first-Wednesday screening meetings, with selected companies advancing to full-membership presentations, discovery meetings, due diligence, and term sheet negotiation, culminating in individual member investment decisions rather than fund-mandated allocations.

The platform is built on the third-party Dealum deal flow management system (with two dedicated application pages: a general Park City Angels page and a specialized New Utah Life Science page), supported by a Wix-based public website and Mailchimp newsletter infrastructure. Two internal fund vehicles, Park City Angels Fund 1 and Park City Angels Fund 2, are managed by the Executive Committee and channel member capital into rounds typically sized $150K-$1.5MM (with individual member checks of $10K-$100K) at pre-money valuations of $5M-$50M. Members retain full individual investment decision authority, with no restrictive LP agreements, enabling the group to fund companies that institutional venture capital tends to overlook. Post-investment, members provide mentorship, network access, and value-added support to portfolio founders.

Notable portfolio outcomes include the August 2023 acquisition of Blyncsy (an AI-infrastructure startup) by Bentley Systems (Nasdaq: BSY), as well as exposure to companies such as Podium, Nav.com, Ingo Money, and High West. The network reports cumulative impact of $85M+ invested capital across 1,275+ individual investments, 2,000+ startups screened, and 750+ entrepreneur meetings since 2008, with $2M+ deployed in 2023 alone. Governance is vested in a Board of Directors (chaired by co-founder Ted McAleer, who also serves in a part-time capacity as Regional Engagement Principal for Utah at the Defense Innovation Unit as of January 2025) and an Executive Committee including Treasurer Tim Teuscher (ex-EY Partner) and Secretary Donald Roll; an advisory bench includes Bill Elkus (Clearstone founder, Forbes Midas List), Scott Kurnit (About.com founder/CEO), and other former Fortune 500 operating executives.

Name

Park City Angels

Legal name

Park City Angels

Website

https://parkcityangels.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Park City Angels is a member-based angel investment network of 85+ accredited investors in Park City, Utah, founded in 2008 to provide pre-seed to Series A capital, structured due diligence, and mentorship to early-stage companies across the United States, with deep roots in the Mountain West region.

Ownership category

akta.pro rank

Product category

Angel Investing / Early-Stage Venture Capital

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investment network
• Early-stage venture capital
• Startup seed funding
• Accredited investor network
• Private equity investing

Headquarters

HQ city

Park City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Member capital deployment (angel investments): Park City Angels is a member-funded angel network; capital deployed into startups comes from individual member contributions. PCA typically invests $150K-$1.5MM per round as a group, with individual members investing $10K-$100K per transaction. Members make their own investment decisions, not guided by restrictive LP agreements. Members typically seek returns of at least 10x within 8 years.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Park City Angels is a member-based angel investment network that pools capital from 85+ accredited individual investors to fund early-stage startups, typically deploying $150K-$1.5MM per round and offering mentorship, connections, and industry expertise to portfolio companies. The network manages the full deal lifecycle from online application through screening meetings, full membership presentations, discovery meetings, due diligence, and term sheet negotiation, with members retaining individual investment decision authority.

Product overview

Park City Angels (PCA) is a single unified offering — Utah's most active angel investment network — built around one core product: a community-driven early-stage funding platform that pairs accredited investors with vetted pre-seed to Series A entrepreneurs. The core Angel Investment Network is supported by a set of modular programs: an Online Funding Application powered by Dealum, an Investor Application for prospective members, a recurring Screening Meeting Program, a structured Investment Criteria Evaluation Framework, ongoing Portfolio Mentorship and value-added support post-investment, and a Newsletter Subscription for ongoing community engagement. Together these modules form an end-to-end investment funnel from initial entrepreneur application through screening, full-membership presentation, due diligence, term sheet negotiation, funding, and post-investment support.

Differentiator

Problem solved

Functional benefit

Products and services

• Park City Angels Angel Investment Network Utah's most active angel network — a group of 85+ accredited investors based in Park City, Utah, providing early-stage capital for high-growth companies in Utah and the surrounding Mountain West area. Members make their own investment decisions without restrictive LP agreements and provide mentorship, connections, and industry expertise to portfolio entrepreneurs.
• Investor Application (Accredited Investor Membership) Application pathway for prospective accredited investors to join Park City Angels as members. Captures accreditation status, deal flow source, and prior angel investing experience to determine fit, providing access to vetted deal flow, structured screening, and collaborative due diligence.
• Online Funding Application (Dealum-based) Entrepreneur-facing application platform that guides startups through self-assessment, online application submission, screening meeting presentation, full membership presentation, discovery meeting, due diligence, term sheet negotiation, and funding. Companies create a profile on the Park City Angels Dealum page to be considered; applications must be submitted at least two weeks before screening meetings. A dedicated New Life Science Dealum page serves Utah life science ventures.
• Portfolio Mentorship and Value-Added Support Post-investment support offering portfolio companies access to a network of value-added contacts and experienced professionals, including active coaching, contact network leverage, and growth guidance. Members contribute mentorship, connections, and industry expertise to entrepreneurs.

Quantifiable outcome

• $85+ Million invested capital since 2008
• +5 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature2 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• DealumcoreTechnology or IntegrationDealum is the deal flow management platform Park City Angels uses to manage company applications, screening, and member evaluation. Companies must apply via Dealum at least two weeks before screening meetings. PCA operates two dedicated Dealum pages: the main Park City Angels Dealum page (app.dealum.com/#/company/application/new/263002) and a separate New Life Science Dealum page (app.dealum.com/#/company/application/new/273906) for Utah life science ventures, indicating a specialized vertical pipeline.
• Bentley SystemsflagshipStrategic or Co-development PartnerIn August 2023, Bentley Systems (Nasdaq: BSY), an infrastructure engineering company, acquired Park City Angels' portfolio company Blyncsy. Blyncsy, led by Mark Pittman, leveraged AI to improve infrastructure. The acquisition represents a flagship exit for PCA and demonstrates the success of its AI-focused early-stage investments.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Utah Angels (formerly Salt Lake City Angels): Direct regional competitor in the Utah angel network space, also serving early-stage startups in the Mountain West with a member-funded model. Highly comparable geography and stage focus to Park City Angels.
• Alliance of Angels: Long-running angel network in the Pacific Northwest using Dealum-based deal flow management and serving early-stage companies across multiple verticals. Comparable member-funded structure and screening process to PCA.
• Tech Coast Angels: One of the largest U.S. angel networks with a structured multi-stage screening, due diligence, and term sheet process serving early-stage companies. Comparable in member-funded model, scale, and process rigor.
• Sand Hill Angels: Silicon Valley-based angel network serving early-stage technology companies with a structured screening process and significant individual check sizes. Comparable in process and investor profile, though more tech-focused.
• Common Angels: Boston-area angel network with a member-funded model and multi-stage screening process focused on early-stage New England startups. Comparable in operating model and stage focus.
• New York Angels: Established New York-based angel network with structured due diligence and post-investment support, serving pre-seed to Series A companies. Comparable scale, process rigor, and member-funded structure.
• Golden Seeds: National angel network focused on women-led early-stage companies, using a multi-stage screening and education model. Comparable member-led governance and screening framework, with a more thematic investment focus.

Regional players

• BoomStartup: Utah-based early-stage investor and accelerator providing capital and mentorship to Mountain West startups. Regional peer that shares Park City Angels' geographic focus and startup ecosystem relationships.

Broad incumbents

• Pelion Venture Partners: Utah-based venture capital firm investing across multiple stages in the Mountain West. Comparable geography and sector exposure, but operates as an institutional fund rather than a member-led angel network.

Others

• Dealum: Deal flow management platform used by Park City Angels and most angel networks globally. Functions as an enabler/ecosystem participant whose adoption underpins PCA's screening workflow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/3777354
• Xx.com/ParkCityAngels
• Facebookfacebook.com/parkcityangels

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Park City Angels