Central Texas Angel Network

What Central Texas Angel Network does

Central Texas Angel Network (CTAN) is a nonprofit, member-driven angel investment organization founded in 2006 and headquartered in Austin, Texas. It connects 140 accredited angel investors with early-stage startups (pre-seed through Series A) through a structured funding-cycle process running up to six times per year, where members collectively screen, vote on, and conduct due diligence on applicant companies. Members write individual checks of $10,000–$100,000, with combined CTAN investment per deal averaging roughly $550,000, and deals can be syndicated to 11 Texas angel networks via the Texas Syndication Network and to 40+ national groups via the Angel Capital Association.

CTAN's core operational product is the funding cycle itself: entrepreneurs apply through the third-party Dealum platform; member voting (Member Voting 1, Screening Pitch Event, In-Person Pitch Night) funnels a long list of 600+ annual applicants down to a small number of investments; and post-investment portfolio companies receive a Startup Success Package worth ~$550,000 in partner discounts and services (legal, accounting, recruiting, marketing). A new sidecar fund introduced in 2023 enables members to diversify through co-investment, and CTAN began accepting capped post-money SAFE notes in October 2025.

The organization's revenue mechanics are unusual for an investment entity because CTAN itself does not deploy capital from a fund—its members invest directly on portfolio cap tables. CTAN's own revenue is therefore limited to (1) annual membership dues of $1,500–$4,500 per member depending on residency and individual vs. group status, and (2) one-time administrative fees charged to portfolio companies ranging from $2,000 (for $50k+ rounds) to $75,000 (for $1.5M+ rounds). As of 2026, CTAN reports $142.4 million invested across 233 portfolio companies, 57 exits, a 4.3x return on cash (approximately double the U.S. angel average), and a 28% IRR over its 20-year history.

Name

Central Texas Angel Network

Legal name

Central Texas Angel Network

Website

https://ctan.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Central Texas Angel Network (CTAN) is a nonprofit, member-driven angel investment organization founded in 2006 in Austin, TX, connecting 140 accredited investors with early-stage startups through structured funding cycles, due diligence, and multi-network syndication.

Ownership category

akta.pro rank

Product category

Angel Investment Network

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Services-Membership Organizations (8600)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Angel investment network
• Early-stage venture funding
• Accredited investor network
• Startup funding cycles
• Due diligence services

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Membership Dues: CTAN generates revenue through annual membership dues from accredited investors. Individual/couple memberships cost $2,500/year in-state, $1,500/year out-of-state. Group memberships (up to 4 designees) cost $4,500/year in-state and $3,500/year out-of-state. Dues decrease by $500 in the second year.
2. Administrative Fees from Portfolio Companies: CTAN charges one-time administrative fees to companies that receive investment, based on total capital invested at closing: $2,000 (investments $50k+), $5,000 ($100k+), $10,500 ($250k+), $22,500 ($500k+), $37,500 ($750k+), $75,000 ($1.5M+). Follow-on rounds are assessed at the new round tier only.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Central Texas Angel Network (CTAN) is a nonprofit, member-based angel investment network that connects 140 accredited investors with early-stage startups through up to six structured funding cycles per year. Members invest directly on company cap tables ($10k-$100k per member per deal) with combined CTAN investments averaging ~$550k per deal, while CTAN facilitates deal sourcing, multi-round screening, due diligence, and syndication through the Texas Syndication Network and 40+ national angel groups.

Product overview

Central Texas Angel Network (CTAN) is an angel investment network that connects accredited investors with early-stage startups. The organization operates through its core Funding Cycle Process (up to six cycles per year), utilizing the Dealum online platform for deal-flow management. CTAN offers additional services including Due Diligence Services, Sidecar Fund co-investment opportunities, Founder Angel Speed Dating mentoring sessions, and Texas Syndication Network syndication. Portfolio companies receive the Startup Success Package providing $550,000 in partner discounts. CTAN also operates Abilene Angels as a regional sub-brand in West Texas. The network facilitates early-stage investment opportunities with administrative fees ranging from $2,000 to $75,000 based on investment amount raised.

Differentiator

Problem solved

Functional benefit

Products and services

• Angel Investment Network Membership
• Funding Cycle Process
• Due Diligence Services
• Sidecar Fund
• Founder Angel Speed Dating
• Texas Syndication Network (TSN)
• Startup Success Package
• Abilene Angels
• Member Education and Social Events

Quantifiable outcome

• 4.3X Return on Cash (double the national average)
• +3 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core, regional and minor.

• Texas Syndication Network (TSN)coreStrategic or Co-development Partner · 1 January 2025CTAN is a founding member of the Texas Syndication Network, bringing together 11 angel networks across Texas (CTAN, NTAN, BAN, New Mexico Angels, and others) to boost deal visibility and capital access for early-stage startups. TSN facilitates syndication of CTAN-led deals and generated $1M in follow-on investment for CTAN portfolio companies in 2025.
• Abilene Regional Growth Alliance (Growth Alliance)regionalStrategic or Co-development Partner · 1 January 2025CTAN partnered with the Abilene Regional Growth Alliance, a division of the Abilene Chamber of Commerce, to create Abilene Angels - a regional chapter expanding angel investing and startup support to West Texas. Provides deal flow access for Abilene investors and capital access for regional entrepreneurs.
• Angel Capital Association (ACA)coreGTM or Marketing PartnerCTAN is a member of the Angel Capital Association, the world's largest angel professional development organization with 300+ member groups. CTAN can nominate portfolio companies for ACA's national syndication platform, exposing deals to hundreds of angel groups nationwide.
• DealumcoreTechnology or IntegrationDealum is CTAN's online investment platform used for entrepreneur application evaluation, member event RSVPs, and member-to-member communications. All members receive Dealum accounts as part of membership.
• Alliance of Texas Angel Networks (ATAN)coreStrategic or Co-development PartnerCTAN is part of the Alliance of Texas Angel Networks for deal syndication and sharing of due diligence efforts across the state. Provides co-investment opportunities with similar angel groups.
• Austin Chamber of CommerceminorGTM or Marketing PartnerCTAN maintains relationships with the Austin Chamber of Commerce as part of the local entrepreneur ecosystem. Chamber partnership provides visibility and referral access to Austin's startup community.
• Capital FactoryminorGTM or Marketing PartnerCTAN maintains relationships with Capital Factory and other Austin incubators/accelerators. Members mentor and participate in events at these organizations. Companies may be referred to CTAN when ready to raise angel funding.
• Austin Technology Incubator (ATI)minorGTM or Marketing PartnerCTAN has relationships with Austin's technology incubator for deal sourcing and entrepreneur mentorship. Referrals flow both directions between organizations.
• Perkins CoieminorImplementation/ SI/ Consulting PartnerPerkins Coie LLP is listed as a partner providing legal services to CTAN and portfolio companies, particularly for investment documentation and startup legal needs.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• North Texas Angel Network (NTAN): Texas-based angel network serving the Dallas-Fort Worth region with a similar member-driven nonprofit model, structured funding cycles, and direct cap-table investing. Directly comparable as a Texas angel syndicator that co-invests with CTAN through the Texas Syndication Network.
• Band of Angels: One of the largest and oldest angel networks in the U.S., based in Silicon Valley, with a member-driven model screening and funding early-stage startups. Highly comparable to CTAN in operating model (membership dues, deal screening, direct cap-table investing) and serves as a fellow TSN-affiliated network.
• New Mexico Angels: Regional angel network operating with a member-driven nonprofit structure similar to CTAN, co-investing in deals through the Texas Syndication Network. Directly comparable in deal size, screening process, and member-funded capital deployment.
• Tech Coast Angels: One of the largest and most active angel networks in the U.S., with structured screening, multi-chapter operations, and direct equity investing. Comparable to CTAN in scale, member-funded model, and engagement metrics; TCA's network reach makes it a relevant size benchmark.
• Keiretsu Forum: Global angel investor network with multiple regional chapters that runs structured funding cycles, member-led due diligence, and direct equity investing in early-stage companies. Comparable in member-driven governance, sector diversity, and syndicated deal participation.
• Golden Seeds: U.S. angel network with a member-driven structure, structured pitch and due diligence process, and direct equity investing focused on diverse founding teams. Comparable to CTAN in operating mechanics (funding cycles, member dues, deal screening) and accredited-investor base.

Broad incumbents

• Alliance of Texas Angel Networks (ATAN): Umbrella organization coordinating multiple Texas angel networks, including CTAN, for deal sharing and due diligence collaboration. Functions as a broader industry body over individual networks like CTAN and a relevant counterpart for shared deal-flow programs.
• Angel Capital Association (ACA): Industry association of 300+ angel groups in the U.S. and globally. CTAN is an ACA member, and ACA publishes national rankings (where CTAN is #13 in dollars invested). Relevant as the industry umbrella and source of benchmarking against peers.

Emerging players

• Capital Factory: Austin-based accelerator and coworking hub that sits upstream of CTAN in the deal pipeline, sourcing and mentoring startups that subsequently raise from CTAN. Adjacent participant in the same Texas founder ecosystem with overlapping portfolio companies.
• Techstars: Global accelerator with an Austin presence that funnels vetted early-stage companies into angel networks like CTAN. Comparable as an ecosystem participant in the early-stage funding continuum rather than a direct competitor for capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ctanangels
• Facebookfacebook.com/CentralTexasAngelNetwork
• LinkedInlinkedin.com/company/central-texas-angel-network

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments48 records

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

Frequently asked questions about Central Texas Angel Network