Asset Manager

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Central Virginia Angels

Central Virginia Angels (CVA) was founded in 2006 as a member-driven angel network, operating from Charlottesville and Herndon, Virginia.

Central Virginia Angels

Central Virginia Angels (CVA) was founded in 2006 as a member-driven angel network, operating from Charlottesville and Herndon, Virginia. The group does not disclose a single wealth origin; its investor base comprises individual accredited investors, including former executives and entrepreneurs. CVA invests across sectors including enterprise software, digital health, and industrial technology, targeting Seed to Series A rounds. Portfolio companies include HVIA Science, which provides data analytics for healthcare, and CrowdFiber, a connectivity platform. The group originates deals through its membership network and regional partnerships (per public record). CVA's network tops 100 accredited investors. The group maintains offices in Charlottesville and Herndon. In June 2024, CVA co-invested in a $2M Seed round for HVIA Science alongside other regional angels (per public record). The group also administers a small educational fund for student entrepreneurs via its membership. A structural differentiator is CVA's hybrid model: it operates as a formal angel group but also facilitates direct syndication among members. This structure allows individual investors to opt into deals without a pooled fund, reducing overhead while preserving angel-level flexibility.

General information

Firm type

Asset Manager

Year founded

2006

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Charlottesville

Corporate office

Charlottesville, VA, United States

Additional offices

Herndon, VA, United States

Principals

Bill Crowder

Managing Director

Tom Weithman

Managing Director

Sector focus

Enterprise SoftwareDigital HealthIndustrial Tech

Frequently asked questions

Who runs investment decisions at Central Virginia Angels?

Day-to-day operations are overseen by Managing Directors Bill Crowder and Tom Weithman. Investment decisions are made by the full membership, with deal leads from the group presenting opportunities for syndication (per public record).

How does Central Virginia Angels source proprietary deal flow?

CVA sources deals through its network of over 100 accredited investors, partnerships with regional venture firms, and outreach to university entrepreneurship programs in Virginia and the DC area. It does not rely on a single GP-led pipeline (per public record).

Is Central Virginia Angels structured as a single family office or a venture firm?

Neither. CVA operates as an angel investment network. It does not pool committed capital under a single fund; instead, members individually decide which syndicated deals to participate in. This structure is distinct from a venture capital firm.

What investment stages does Central Virginia Angels typically target?

CVA focuses on Seed and Series A rounds, with typical check sizes reported at $100,000 to $500,000 combined from membership. The group occasionally participates in later-stage follow-ons (per public record).

Which sectors does Central Virginia Angels invest in?

CVA explicitly invests broadly across technology sectors, with disclosed interests in enterprise software, digital health, and industrial tech. It does not publicly name sectors it avoids, but concentrates on tangible product companies over biotech or deep-tech hardware (per public record).

Does Central Virginia Angels maintain philanthropic structures?

CVA itself does not report a separate foundation, but its members individually partake in philanthropic activities. The group administers an educational fund to support student entrepreneurs through the University of Virginia's entrepreneurship ecosystem (per public record).

Where does the underlying wealth come from for Central Virginia Angels' members?

Wealth origin is not publicly aggregated; individual members include former executives, entrepreneurs, and retired professionals. No single fortune funds the network (per public record).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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