Empower. Grow. Profit.

“The financial empowerment of women has long been proven to be a core component of economic development globally. ArcAngels is a member-based angel investment organisation focused on building investor knowledge and dedicated to investing in early stage businesses that are led or managed by women across New Zealand.”

Bridget Liddell, Private Equity Investor and Chair, ArcAngels

News

Fuel50 targets US expansion with Angels support

Fuel50 garnered support of over $1 million from New Zealand’s angel investment community. The million-dollar raise will be used to support rapid expansion into the US.

Career Engagement Group, the developers of Fuel50 which is cloud based software that delivers career pathways propositions to leading organisations such as Westpac, IAG, and Citigroup in the US. Playing into the $55 billion HR Technology landscape, Fuel50 is complementary to many HRMS solutions because of its unique focus on career path management, values and purpose alignment between employees and the business.

With an established footprint already and 38 licensed clients in 22 countries across the globe, the software helps organisations provide career pathways that make the difference in attracting and retaining talent. “We’re providing a pathway for each and every employee in an organisation so they can see a line of sight to opportunities for them,” said the startup’s chief executive and co-founder, Anne Fulton.

“Basically you would log in as an employee and would start to think what is important to you in your career, what are your values, what talent you’ve got, what kind of skills do you want to contribute at work,” she said.

Women-only angel investment fund launched

ArcAngels Chair, Bridget Liddell talks to TV ONE’s Breakfast about mobilising capital for the good of small business

Watch the interview »

ArcAngels Launches to Build Investor Capability and Invest in Women-Managed Businesses

Today ArcAngels, a new member-based angel investment organisation, launched to focus on building investor knowledge and investing in early stage business that are led or managed by women across New Zealand.

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Become a member

ArcAngels hopes to inspire the seasoned investor – men and women – and attract new investors that can actively participate and bring to bear tangible value to the success of New Zealand’s women-managed businesses and financial returns for members over time.

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Founding Sponsors

About

It’s time to change the conversation

The financial empowerment of women has long been proven to be a core component of economic development globally. ArcAngels is a member-based angel investment organisation focused on building investor knowledge and dedicated to investing in early stage businesses that are led or managed by women across New Zealand.

We believe that ArcAngels will empower women entrepreneurs, strengthen their competitiveness and maximise the success of New Zealand’s small business engine for greater economic growth in the long term. We hope to inspire the seasoned investor – men and women – to invest in women-led and managed businesses and also attract new investors that can actively participate in the investment community.

‘Angel’ investors are worthy of their name because they give money as well as advice, knowledge and experience to help start-up businesses to grow. As an angel investor, the financial commitment is just one piece of the pie. Often the angel investor is actively involved in the business. The angel may serve on the advisory board, help with customer and partner connections, provide advice on building robust management and spearhead capital raising strategy for further growth.

Angel investing is highly risky. But, it can also reap enormous returns. As a rule in New Zealand, if an angel invests in ten companies, four will fail, three will tread water, and two will return two to five times the initial investment, and one will result in a return of five to ten times the original investment over a five- to ten-year period, generating an overall healthy return across the portfolio. Angels therefore are usually looking for investments that return upwards of 25–30% IRR p.a. to compensate them for their less successful investments. (Source: NZVIF’s The Business of Angel Investing in New Zealand: A Guide)

Building Excellence in Investment

Building the knowledge of its investors is core to ArcAngels’ offering to its members. Both seasoned and new, our members will have the opportunity to learn from the global investment community, share their expertise and challenge their thinking. For the new investor we’ll also use a model that provides a hands-on approach to learning investing and create opportunities to observe the investing process and meet with seasoned investors and experts.

ArcAngels is fortunate to have a close relationship with women-led angel group, Golden Seeds, one of the leading success stories in angel investment in the U.S currently. This creates useful international linkages and a regular flow of benchmark data and educational materials for ArcAngels members.

Our Team

Led by Bridget Liddell, Private Equity Investor, the team comprises women who are influential in investor and entrepreneurial circles.

Investors

Facilitating Investments

Members of ArcAngels are given the opportunity to work closely on diverse and interesting deals and invest in entrepreneurs and their businesses across all sectors. A fundamental goal of ArcAngels is to achieve upper quartile returns for members from a portfolio of investments over time.

ArcAngels is an angel investment network, not a fund. As with most Angel networks, the intention is that investors will take an active role in the business in addition to a financial investment. Meetings will take place quarterly and additional events will be scheduled for interested ‘would-be’ members to learn more about the opportunities to invest and connect with investors.

The ArcAngels Investment Process typically involves seven steps:

  1. Screening Meeting to meet the entrepreneur and company
  2. Company presentation at a Member Meeting
  3. Deep Dive Meeting with the entrepreneur before formally structuring a Deal Team
  4. Formation of a Deal Team for due diligence
  5. Making the investment
  6. Monitoring the investment
  7. Exit/IPO/wound up.

Prior to any deal, the investment process will involve robust and rigorous due diligence to evaluate an organisation’s operations, financials, management and validation of their product or service, and any terms and conditions relating to a potential deal.

Members of ArcAngels focus on for-profit organisations with a woman founder or leader or a women in an executive position, located in New Zealand. There may be instances where an organisation will be considered if founded by or led by a diverse management team. The organisation will have a scalable product or service, proven customer base, albeit small, and a validated business model. While the prospect of being an export capable business is attractive, also important is an advantage over the competitor – be it expertise of management, deep capability of the team or intellectual property that stands them apart.

ArcAngels is most interested in businesses in the industry sectors of:

When reviewing an investment opportunity ArcAngels will use GUST, an online platform of leading angel organisations. GUST is where members are informed of the status of a deal as due diligence progresses. It is where investors set their deal interest, ratings and manage and share deals, while on the flip side entrepreneurs can profile their businesses, apply and track investor activity.

Investor Criteria

Applicants for ArcAngel membership must be eligible as defined by the Securities Act. Eligibility is defined as:

ArcAngels is closely aligned to the Angel Association of New Zealand and other Angel organisations. In line with these organisations in New Zealand, a $1,000 fee will be requested along with a signed Membership Application and a Certificate of Wealth from an accountant or a Certificate of Experience from an independent financial services provider.

As ArcAngels’ dealflow expands and progresses, we will encourage members to build a portfolio of businesses during a three to five year period. At a minimum, an investment of $10,000 per year will be encouraged. Research from the Angel Capital Association and the Kauffman Foundation shows a dramatic increase in returns from angel investing the more investments one makes.

Members will be expected to be active participants in our investment process. This includes attending screenings and meetings and joining due diligence teams where there is interest in a particular business. Our expectation is that members will participate on one due diligence team per year and/or lead a deal. The requirement is to participate on at least one deal team per year.

Become a member

To join ArcAngels, check the Investor section to ensure you are able to fulfil the ArcAngels’ annual investment and activity requirements. Download our Membership Guidelines.

There are three steps to becoming a member:

  1. Fill out and sign the Membership Application Form, Confidentiality Agreement and Securities Act Eligibility Declaration.
  2. Obtain a Certificate of Wealth from an accountant or a Certificate of Experience from an independent financial services provider.
  3. Post to: ArcAngels, PO Box 5522, Wellesley Street, Auckland 1141; or send signed PDF documents to alex@arcangels.co.nz

Members will be admitted to ArcAngels on a rolling basis with each term beginning on the date that the member joins and ending one year later. An invoice for the Annual Membership Fee of $1,000 +GST will be sent to the applicant for payment within 30 days.

Entrepreneurs

Entrepreneurs are at the core of building a vibrant and innovative New Zealand economy. ArcAngels aim to empower women entrepreneurs and their early stage businesses, strengthen their competitiveness and maximise the success of New Zealand’s small business engine for greater economic growth in the long term.

ArcAngels focuses on for-profit organisations with a woman founder or leader or a women in an executive management position, located in New Zealand. There may also be instances where an organisation will be considered if founded by or led by a diverse management team. The organisation will have a scalable product or service, proven customer base – albeit small – and a validated business model. While the prospect of being an export capable business is attractive, also important is an advantage over the competitive – be it expertise and experience of management, deep capability of the team or intellectual property.

ArcAngels is most interested (but not solely) in businesses in the industry sectors of:

Please contact us if you are met the above criteria and interested in submitting an application to be screened by a core group of members. If the pre-screening is successful, entrepreneurs will then have the opportunity to present to ArcAngels members at one of the quarterly investor evenings.

Contact us

If you are interested in attending a meeting, applying for membership or looking for investment, please contact:

Alex Mercer
alex@arcangels.co.nz
+64 21 502 112