Ohio fund tops list of biggest angel investment groups

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.

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