About CAV Angel Membership

Membership Information

CAV Angel members are UVA alumni or otherwise affiliated with UVA.  This includes alumni, students, faculty/staff, researchers, parents and others with a strong UVA affiliation.

 

Although our membership is only by invitation, we are currently seeking charter members with exceptional backgrounds in startup and early stage investment.

 

Also, even though our initial Members may largely be from Charlottesville or the surrounding region, our long term goal is to build a network of regional alumni-members from all over the US and the world.   So we are actively seeking remote alumni with exceptional qualifications for consideration as members.

 

CAV Angels will use online platforms to review and evaluate opportunities.   So all members, regardless of location, will be able to access pertinent company data and due diligence reports at their leisure. When necessary, we will arrange conference calls and meetings to review due diligence, deal flow and other relevant topics.

Investment information

All CAV Angel members must qualify as an “Accredited Investor” as defined in Rule 501(a) of Regulation D under Rule 144 of the Securities Act.

 

The annual membership fee for full CAV Angels membership is $1,000.   CAV Angels will form a single purpose LLC for each completed investment.   Anticipated minimum investment per opportunity is $10,000 per member (with a reserve for annual administrative expenses), with an anticipated minimum total round size of $250,000.

Please contact us for more information!

Membership Inquiry