Bluegrass Angels accepts applications only from companies located in Kentucky or that are willing to relocate. We have a very broad investment portfolio and welcome entrepreneurs with startup companies in areas such as healthcare, agritech, industrial chemicals, manufacturing, biotech, aviation, fintech, media, IT, and others.
When companies approach us for funding we look for the following:

• A capable management team with domain expertise.
• A scalable business model that meets a clearly identifiable unmet need.
• A balanced team with financial, technical, marketing, and management expertise.
• Protectable intellectual property, with patents in existence or at a minimum, applied for.
• Companies in which BGA has some internal domain expertise and that welcome our assistance; we expect to assist you with deal terms and paperwork and often look to place one of our members on your board.
• A product or service that is past the proof-of-concept stage and is in the hands of at least a limited number of users.
• A plausible exit strategy within 5-8 years.
• Valuation at first funding below $5 million, but will consider higher if supported by data.
• Typical funding round of $250,000-$1,500,000; BGA initial funding starts at $100,000 and may go higher if supported by our due diligence findings.

Bluegrass Angels uses the Dealum platform to collect funding applications and track our pipeline. Please click the button below to be transferred to the BGA Dealum Deal Room where you can submit your funding application.

Maybe you’re not quite ready?

We also work closely with the several groups that offer coaching and other opportunities for startups. If you feel you don’t currently qualify for Bluegrass Angels funding but would like to engage with these coaching opportunities, please use our Contact page to ask us for some leads. We wish you the best with your startup.