Central Texas Angel Network

CTAN operates through member-run diligence committees. Startups apply or are referred, the screening committee selects companies for pitch events, and interested members form diligence teams. Individual accredited investors then vote and decide whether to write personal checks — CTAN itself does not hold or deploy a fund.

CTAN is an angel network, not a venture fund. It provides deal flow, screening, and a shared diligence framework, but every investment decision and capital commitment belongs to individual members. This means the network does not report AUM — it tracks cumulative member deployment, which exceeded $100 million as of mid-2024.

Member interests span enterprise software, digital health, AI/ML, agritech, media, and energy transition. The portfolio reflects Austin's strengths: B2B software, healthcare IT, and spinouts from the University of Texas and local incubators. Sector exposure shifts with membership, but software and health-tech have historically dominated deal volume.

CTAN is deeply embedded in Austin's startup infrastructure. The network co-invests with local funds, sources companies from Capital Factory and UT Austin, and its members often include former founders and operators from the city's enterprise-software corridor. Many portfolio companies, including DISCO prior to its NYSE listing, were Austin-founded and scaled with early CTAN capital.

Yes — while roughly 70% of deployment historically went to Texas-based companies, the network has backed startups across the United States. Member geography and personal networks drive out-of-state deal flow, but the core sourcing advantage remains in central Texas.