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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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