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Angel Investors Actively Support Entrepreneurs During Unprecedented Year


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DENVER, Dec. 17, 2020 /PRNewswire-PRWeb/ The longest actively running angel investment group in the U.S., Rockies Venture Club (RVC), closed 2020 with 25 early-stage company investments. This is on track with the number of financings that RVC has completed annually since 2016, but amid the global pandemic and extreme economic uncertainty, the investment activity is a strong signal that the Colorado-based investor group believes in the potential of entrepreneurs.
Early in the year, many expected startup fundraising to decrease by close to $28 billion globally when compared to the investment activity of 2019, according to Startup Genome. Angel investing and venture capital have historically required face-to-face meetings to build relationships, conduct due diligence, and to ultimately make investments. Entrepreneurs have had to adjust to raising capital in a virtual environment in 2020; this virtual setting was influential in early projections of capital being restr ....

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