Angel Network

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Spokane Angel Alliance

Spokane Angel Alliance is a membership organization of accredited investors. They invest in entrepreneurs, providing financial support, time, and expertise.

Spokane Angel Alliance

Spokane Angel Alliance is a membership organization of accredited investors. They invest in entrepreneurs, providing financial support, time, and expertise. The organization has made 4 investments, including a Series A investment in Impact Laboratories on May 07, 2024.

General information

Firm type

Angel Network

Year founded

2006

AUM

Under $50M (Altss estimate)

Location

Region

North America

Country

United States

City

Spokane

Corporate office

Spokane, WA, United States

Principals

Tom Simpson

Chairman

Frequently asked questions

How does the Spokane Angel Alliance source deals?

The alliance sources primarily through local university connections, regional economic development organizations, and member referrals. The screening committee, chaired by Tom Simpson, reviews submissions and selects companies to present at member meetings. This model draws from the Inland Northwest's tight entrepreneurial network rather than from broker-driven deal flow.

Is the Spokane Angel Alliance a fund, or do members invest directly?

Members invest directly. The alliance is not a fund — it does not pool capital. Instead, it facilitates introductions and provides a shared diligence framework, after which individual members write checks directly into the companies. This means each member's portfolio is self-directed, with the alliance acting as a discovery and evaluation layer.

What is the typical check size and total round the alliance supports?

Individual member checks ordinarily fall between $25,000 and $100,000, with the group collectively enabling round sizes in the range of several hundred thousand to low-single-digit millions. The structure allows members to syndicate their individual investments, so the total capital deployed per deal varies based on member interest for that specific company.

Does the Spokane Angel Alliance partner with other investor networks?

Yes. The alliance periodically co-invests alongside members of other Pacific Northwest angel groups, including the Northwest Energy Angels. These partnerships give Inland Northwest companies access to larger syndicates while giving coastal investors a pathway into Spokane-originated deal flow with a familiar diligence partner.

Who runs the Spokane Angel Alliance?

Tom Simpson serves as chairman and has held that role since the alliance was founded in 2006. The organization operates under a volunteer governance structure with a screening committee that evaluates incoming deal flow. The long-tenured chair provides unusual continuity for a member-driven angel network.

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