The Angel Roundtable

What The Angel Roundtable does

The Angel Roundtable (ART) is a private, invitation-only angel investor network founded in 2012 and headquartered in Johnson City, Tennessee, serving the Appalachian Highlands region. The organization operates as a curated forum where accredited individual investors evaluate, conduct due diligence on, and invest in late seed and early-stage companies presenting at periodic meetings. ART does not deploy proprietary technology itself; rather, its product is the network itself — convening successful serial entrepreneurs, seasoned executives, and business leaders to source, screen, and co-invest in startups.

ART's business model rests on membership dues and the facilitation of individual investment decisions by accredited members, with no fees charged to entrepreneurs for consideration. Typical deal sizes range from $100,000 to $375,000, extendable to $1.0 million through syndication with partner angel networks and early-stage venture funds. The network targets pre-money valuations between $2.0 million and $10.0 million across a diversified set of verticals including hardware, software/cloud, AI, digital media, big data, medical devices, consumer products, financial services, life sciences, and clean tech.

Operationally, ART is a lean organization of 11–50 members/staff, managed by Anthony R. Lettich as Managing Director since August 2012. Its go-to-market motion is community-led: deal flow is generated primarily through partner referrals from regional accelerators and economic development organizations (ETSU Innovation Lab, AccelNow, KOSBE, Holston Business Development Center, LaunchTN), with a stated southeastern U.S. focus and explicit exclusion of non-U.S. startups. Portfolio companies disclosed include Kwipped, ConverSightAI, Farmshots, Flexengage, Entac Medical, and exited holdings in Winter Innovations, Klarna, and Smart Response Technologies.

Name

The Angel Roundtable

Legal name

The Angel Roundtable

Website

https://theangelroundtable.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

The Angel Roundtable is a private, invitation-only angel investor network founded in 2012 in Johnson City, Tennessee, that connects accredited investors with late seed and early-stage companies in the U.S. Southeast, facilitating $100K–$1M investments through due diligence and syndication partnerships.

Ownership category

akta.pro rank

Product category

Angel Investing Network

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investor network
• Early-stage funding
• Seed capital syndication
• Startup due diligence
• Accredited investor membership

Headquarters

HQ city

Johnson City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment facilitation services: The organization facilitates angel investments into early-stage companies. ART does not charge entrepreneurs fees for consideration but generates value through network membership dues and successful investment outcomes. Members are individual accredited investors who make their own investment decisions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The Angel Roundtable (ART) is a private angel investor network that connects accredited investors with late seed and early-stage companies in the Southeastern US. Members gather periodically to hear entrepreneur pitches, then collaborate on due diligence, term negotiation, and investment execution, with individual members making their own investment decisions. Typical check sizes range from $100K to $375K per company, scaling up to $1.0M when syndicated with partner angel networks and early-stage VCs, targeting pre-money valuations of $2.0M to $10.0M.

Product overview

The Angel Roundtable (ART) is an angel investor network, not a product-based company. It provides investment capital, strategic advice, and mentoring to late seed and early-stage companies. The organization connects entrepreneurs with angel investors, facilitates due diligence, investment structuring, and deal execution. Investment sizes range from $100K to $375K (up to $1.0M with syndication partners). Target industries include Hardware, Software/Cloud Software, AI, Digital Media, Big Data, Medical Devices, Consumer Products/Services, Financial Services, Life Sciences, Clean Tech/Clean Energy, Chemicals and Industrial. Pre-money valuations of $2.0M to $10.0M are preferred. The network has portfolio companies including Kwipped, ConverSightai, Farmshots, Flexengage, Entac Medical, Winter Innovations, Klarna, and Smart Response Technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• The Angel Roundtable Membership Network Invitation-only membership network for accredited investors that provides curated access to late seed and early-stage investment opportunities, collaborative due diligence, term negotiation, and execution support. Members make their own investment decisions but pool resources through the network.
• Investment Screening and Due Diligence Facilitation Service through which entrepreneurs submit executive summaries to a screening committee, present at periodic member meetings, and receive coordinated due diligence, term negotiation, and investment execution support from interested members. Provided to entrepreneurs at no charge.
• Syndicated Angel Investment Rounds Coordinated investment rounds that combine ART member capital with partner angel networks and early-stage VCs to reach individual deal sizes of up to $1.0M at pre-money valuations of $2.0M to $10.0M.
• Portfolio Company Mentoring and Strategic Advice Strategic advice and mentoring provided by ART members to portfolio companies in addition to capital, aimed at helping them achieve market leadership across target sectors such as Hardware, Software/Cloud, AI, Digital Media, Big Data, Medical Devices, Consumer Products, Financial Services, Life Sciences, and Clean Tech.

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• Advisory Board MembersminorStrategic or Co-development Partner · 1 January 2012Founding advisory board created in fall 2012 to support network launch. Included Sid Chambless (Nashville Capital Network), Jason Denenberg (Launch Tennessee), Dr. Linda Garceau (ETSU College of Business), and Paul Nolde (Virginia Community Capital). Board was instrumental in ART's formation.
• ETSU Innovation LabcoreStrategic or Co-development PartnerRegional innovation lab and startup incubator partnership with East Tennessee State University. Dr. Audrey Depelteau serves as Director. Provides deal flow, startup support, and entrepreneurial ecosystem connectivity.
• AccelNowcoreStrategic or Co-development PartnerRegional startup accelerator partnership. John Campbell serves as Executive Director. Facilitates deal flow and startup development in the Northeast Tennessee region.
• KOSBEcoreStrategic or Co-development PartnerSmall Business Connection partnership. Aundrea Wilcox serves as Executive Director. Provides small business development support and deal flow in the Kingsport region.
• Holston Business Development CentercoreStrategic or Co-development PartnerRegional business development center. Dianna Blankenship serves as Executive Director. Supports startup ecosystem and deal flow in the Holston Valley region.
• LaunchTNcoreStrategic or Co-development PartnerStatewide startup ecosystem organization. Provides statewide accelerator programming, deal flow, and connections to Tennessee's entrepreneurial network.
• ETSU Research FoundationminorStrategic or Co-development PartnerTechnology transfer office partnership with East Tennessee State University. Dr. Jon L. Smith serves as Director. Facilitates technology transfer and startup opportunities from university research.
• Summit Companies (Gold Level Sponsor)minorGTM or Marketing PartnerCPA and business services firm listed as a Gold Level Sponsor. Multiple office locations in Bristol, Johnson City, and Knoxville, TN.
• ETSU College of Business & TechnologyminorStrategic or Co-development PartnerAcademic partnership with East Tennessee State University's College of Business and Technology. Bureau of Business and Economic Research provides research support.
• Other Angel NetworkscoreStrategic or Co-development PartnerRelationships with other angel networks and syndication agreements that promote deal sharing. Enables ART to share deals when they cannot supply all needed capital and to access larger investment opportunities.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Golden Seeds: National angel network with chapters across the U.S. investing in early-stage companies, with a notable emphasis on women-led businesses. Comparable member-driven structure but operates at significantly greater scale and geographic breadth.
• Sand Hill Angels: Silicon Valley-based angel network investing in early-stage technology companies. Comparable structured process and member-driven diligence, but with substantially larger check sizes, deeper institutional relationships, and stronger deal flow.
• Tech Coast Angels: One of the largest and most active angel networks in the United States. Comparable in member-driven due diligence and syndicated investing, but operates at significantly larger scale with national brand recognition.

Regional players

• Virginia Community Capital: Community development financial institution providing capital to businesses in underserved Virginia regions. Comparable as a regional capital provider in the Mountain South, with overlapping geographic territory (Southwest VA).
• Appalachian Angel Alliance: Regional angel network serving the Appalachian region. Closely comparable geographic footprint and member-driven model, although specific operating details are not well documented publicly.

Emerging players

• MicroVentures: Online private investment platform enabling retail and accredited investors to participate in startup rounds. Comparable in targeting accredited investors seeking early-stage exposure, but with a platform-based rather than member-network model.
• AngelList: Online platform that has become the dominant infrastructure for angel investing and startup fundraising. Comparable as a channel for syndicated angel investment, but operates as a technology-enabled intermediary rather than a curated regional network.

Direct peers

• North Coast Angel Fund: Ohio-based early-stage angel fund with a member-driven structure and similar investment-size profile. Comparable as a regional angel network with formal due diligence and syndicated investment process.
• Nashville Capital Network: Tennessee-based angel investor network investing in early-stage companies across the Southeast. Directly comparable as a regional angel group with structured screening processes, syndication capability, and a similar investment-size profile to The Angel Roundtable.
• Queen City Angels: One of the most active angel networks in the Midwest (Cincinnati, OH), investing in early-stage technology and life sciences companies. Comparable in terms of structured screening, syndicated check sizes, and member-led due diligence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-angel-roundtable

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments6 records

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

Frequently asked questions about The Angel Roundtable