New Angel Community to Improve Access to National Deals and Increase Investor Diversity
Commune Angels, the first Michigan-based angel community focused on regional and national deal flow and increasing diversity amongst angel investors, has launched. They look to invest in scalable consumer, enterprise, and life science companies led by founders from all backgrounds, identities, and walks of life. According to the 2017 American Angel Report, only 6% of angel investors in the U.S. were Asian, 2% Hispanic, and 1% Black. Only 22% of angel investors were women. Expanding the pool of angel investors and reach of investment dollars are critical ingredients