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Ohio fund tops list of biggest angel investment groups

August 15, 2011 1:50 pm by | 0 Comments

The Ohio TechAngel Fund tops a list of the nation’s biggest angel investor groups by Entrepreneur.com.

With 282 members, the Columbus, Ohio-based group was one of just three angel groups to boast more than 200 members. Los Angeles’s Tech Coast Angels, at 263, came in second on Entrepreneur’s list.

In a list dominated by California angel groups, Ohio and New York were the only other states to place more than one group on the list. Cleveland-area North Coast Angel Fund placed fifth with 180 members.

Each of the two Ohio funds are active healthcare investors. North Coast Angels recently led a $3.4 million series A round for wound therapy startup SironRX Therapeutics. Other North Coast portfolio companies include drug developer TheraVasc, personalized medicine test maker AssureRX and pain therapy device maker Neuros Medical.

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Ohio TechAngels’s healthcare portfolio companies include biopsy device firm CleveX and surgical products company Minimally Invasive Devices.

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Brandon Glenn

By Brandon Glenn MedCity News

Brandon Glenn is the Ohio bureau chief for MedCity News.
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