Briefly
Program description
The Angel One venture fund was established by the Ukrainian Catholic University (UCU) Foundation. The fund's goal is to invest in Ukrainian start-ups, help them implement their ideas, and develop a start-up culture in Ukraine.
Angel One will accompany startups throughout their development. In addition to the necessary capital, the fund will provide founders with contacts in entrepreneurial and venture communities, as well as management and marketing expertise to turn ideas and innovations into successful startups.
Main Information
Eligibility
Angel One Venture Fund invests in Ukrainian startups across all technology categories
Financing
Angel One Venture Fund invests in Ukrainian startups in all technology categories in amounts ranging from $50,000 to $200,000.
Supported Activities
The fund provides initial financing (pre-seed and seed) for the expansion of start-ups based on the latest technologies, innovations and intellectual property. In particular, the priority areas are:
- FinTech;
- SaaS;
- EdTech;
- AI/ML.
In addition, a significant portion of investments is directed towards EdTech and projects that address global issues.
Roadmap
| Stage No. | Stage Name | Description |
|---|---|---|
| 01 | Filling out the application form on the website | The startup fills out and submits an application form on the website, which includes a brief description of the product/service and an attached link to the Pitch Deck. |
| 02 | Assessment of the startup’s potential fit (0–3 weeks) | Initial screening of the pitch deck (stage of product/service development, competitor and market analysis, business model, traction dynamics, analysis of the startup team and its achievements, user feedback). Analysis of information from open sources (Crunchbase, YouControl & OpenData), including media sources (participation in acceleration programs, membership in delegations at international exhibitions, history of fundraising rounds). |
| 03 | Comprehensive review (Due diligence) (2–3 weeks) | Analysis of the team’s Data Room, as well as the dynamics of the startup’s key industry metrics over the last 4–6 months. |
| 04 | Internal Zoom In: meeting with the Fund’s team (Pitching and Q&A) | Teams that have passed the previous selection stages are invited to a joint Zoom meeting, which includes introductions, pitching, and Q&A. |
| 05 | Zoom In: pitching before the Investment Committee (1–2 weeks) | Teams that have successfully passed all previous selection stages join a Zoom meeting with members of the Investment Committee for pitching and Q&A. |
| 06 | Final decision | If the Investment Committee expresses interest, an offer is made. |
How to Apply
1. Fill out the application form on the website.
2. The form includes the following fields:
“Full name”;
“Email”;
“Phone number”;
“Company name”;
“Pitch Deck (url)”;
“Comment”
3. By clicking “Submit” the applicant agrees to the “Privacy Policy”
Evaluation Criteria
Product:
- The startup team must clearly understand its ideal customer profile and have a well-defined long-term vision for the development of the product or service. The product or service launched by the startup must have a clear and compelling value proposition that effectively addresses an existing customer pain point, outperforming existing market offerings in quantitative terms.
Team:
- The startup team must be competent, highly motivated, and ambitious, with specific goals and a clear vision of how to achieve them, and be capable of quickly adapting to change.
Traction:
- The dynamics of key industry metrics over the last 4–6 months (CAC, LTV, consistently growing MRR of 10–15% month-over-month, number of users and number of paying customers, burn rate, and others).
Competitors and Market:
- The team must clearly know and understand the market in which they operate or aim to operate, including its size and characteristics, who the key players and closest competitors are, and, accordingly, have a clear and well-defined sales strategy.
Required Documents
Application form, which includes a brief description of the product/service and an attached link to the Pitch Deck (URL)