Angel investors in Washington are individuals who invest their own money in early-stage companies, often through angel groups and networks in cities such as Seattle, Spokane and Tacoma. Most private raises are made with accredited investors under federal Regulation D exemptions, with state notice filings where required. PitchStreet currently lists 7 member profiles based in Washington: 4 investors and 3 ventures seeking funding.
The Seattle area is a global centre for cloud computing, software and e-commerce, alongside a major aerospace industry and a large agricultural sector in eastern Washington.
Investors in Washington most often back companies in cloud computing and software, aerospace and e-commerce. The profiles below are from members who list Washington as their location.
Washington at a glance
- Major business centres: Seattle, Spokane, Tacoma and Bellevue
- Key industries: cloud computing and software, aerospace, e-commerce, clean energy and agriculture
- Universities and research institutions: University of Washington and Washington State University
- Neighbouring states: Oregon and Idaho
How to raise money in Washington
Start with the people closest to your market: angel groups and pitch events in Seattle and Spokane, university and research networks such as University of Washington, accelerators, and founders who have already raised in Washington. Investors on PitchStreet list how much capital they have available, so you can shortlist before you reach out.
Most U.S. startups raise from accredited investors under Regulation D. For individuals that generally means income above $200,000 a year ($300,000 with a spouse or partner) or a net worth above $1 million excluding their home. Washington may also require a notice filing for your offering, and some states offer tax credits for investing in qualified small businesses. Ask a securities lawyer which rules apply to your raise.
What investors in Washington look for
Beyond a strong team and early traction, investors tend to know their own region's leading industries best. In Washington that means cloud computing and software, aerospace and e-commerce. If your company fits one of them, say so, and point to local customers, partners or talent that give you an advantage.