Cowtown Angels

Cowtown Angels is an angel investor network based in Fort Worth, Texas, connecting entrepreneurs seeking early-stage funding with local investors. As a program of TechFW, a non-profit organization dedicated to fostering the development of the technology business community, Cowtown Angels plays a pivotal role in supporting regional entrepreneurs. The network is a member of the Angel Capital Association and the Alliance of Texas Angel Networks, reflecting its commitment to the broader angel investing community.

The network operates nine investment cycles annually, focusing on seed and Series A funding rounds. While it maintains an industry-agnostic approach, Cowtown Angels has a strong reputation for investing in biotech deals, with approximately 45% of its portfolio in health and biotech sectors. The group has a preference for Texas-based companies but remains open to opportunities nationwide. Investment decisions are made by individual members through a structured process that includes application, screening, forum presentations, deep dive sessions, due diligence, term sheet drafting, and funding.

Cowtown Angels has a notable track record, having invested over $24 million in more than 59 portfolio companies. A significant success story includes the exit of Encore Vision, which was acquired for $465 million. This achievement underscores the network's ability to identify and support high-potential startups, contributing to the economic growth and innovation landscape of North Texas.