Gulf South Angels and TCA Venture Group Announce Strategic Relationship to Accelerate Investment and Innovation

IRVINE, Calif. and NEW ORLEANS (July 15, 2025) — Gulf South Angels (GSA) and TCA Venture Group(TCA VG), two leading investment organizations, are pleased to announce a strategic relationship to expand deal flow, enhance collaboration, share deep sector expertise, and leverage advanced tools and platforms for more effective investment decisions.

This relationship is an outgrowth of ongoing collaboration fostered through TCA VG’s Angel Syndication Network.

Gulf South Angels brings unique expertise in medical technology and healthcare investing, with several practicing physicians among its membership, as well as expertise in advanced materials, consumer products, and fintech.

This focus aligns well with TCA VG’s strong portfolio in life sciences and medtech, along with its growing investments in general technology, AI/MLL, and other high-potential market segments.

“This partnership with TCA Venture Group marks an exciting evolution in our mission to support innovative startups, especially in the medical and healthcare space,” said Mike Eckert, Chairman of Gulf South Angels. “Our shared commitment to rigorous screening, founder support, and high-impact investing will benefit both our members and the companies we back. We’re already seeing increased access to quality deal flow and cross-regional collaboration.”

“TCA VG is excited to welcome Gulf South Angels as a strategic affiliate,” said Lisa Walker, Vice Chair of TCA Venture Group and the primary point of contact for this relationship. “This relationship enhances our ability to share vetted deal flow, co-lead investments, fund more companies, and expand our collective reach. By integrating our shared technology stack and leveraging AI for deal triage, we’re building a stronger, smarter ecosystem for early-stage investing.”

The groups will use their deal platforms to syndicate deals, share diligence, and engage their members across regions. Both organizations expect this relationship to lead to increased co-investment, faster decision-making, and broader support for entrepreneurs.

About Gulf South Angels

Gulf South Angels (GSA) is a nonprofit organization founded in Southeast Louisiana that has grown into a premier network of more than 150 accredited investors across 18 states. Since its founding in 2014, GSA has collaborated to evaluate, fund, and support early-stage companies across a wide range of industries, investing more than $28 million in 70-plus companies. The group connects innovative entrepreneurs with capital, mentorship, and strategic connections, and is recognized among the top 10% of angel groups in North America by the Angel Capital Association. Learn more at gulfsouthangels.org.

About TCA Venture Group

Founded as Tech Coast Angels in 1997, TCA Venture Group (TCA VG) has invested approximately $300 million in more than 560 companies, attracting an additional $2.2 billion in capital. In the past six years, TCA VG has averaged $15 million in investment per year, and the return on all outcomes has been 5.5x and IRR of 22.4%. TCA VG is a key seed and early-stage funding source, with about 300 accredited investors in six member networks: TCA-Los Angeles, TCA-Orange County, TCA-Inland Empire, TCA Southeast, Pasadena Angels, and Pegasus Angel Accelerator. TCA VG members, including founders and business leaders, deliver more than capital — providing early stage companies with counsel, mentorship, and access to extensive networks. www.tcaventuregroup.com.

SOURCE: https://tcaventuregroup.com/gulf-south-angels-and-tca-venture-group-announce-strategic-relationship-to-accelerate-investment-and-innovation/

TiE SoCal Signs as First Strategic Affiliate Partner in TCA Venture Group’s New Program

TCA Venture Group and TiE SoCal today announced the first TCA VG Strategic Alliance, concurrent with the announcement of the new program from TCA VG

IRVINE, CA, UNITED STATES, April 21, 2025 /EINPresswire.com/ -- TCA Venture Group (TCA VG), a premier angel investment network, and TiE SoCal, an esteemed community of entrepreneurs, today announced the first TCA VG Strategic Alliance, concurrent with the announcement of this new program. This agreement codifies a strong relationship between the two groups as mainstays in the Southern California Startup Eco-system, with many shared members. The two groups have often participated together in events over the years.

“We recognize that today’s investment landscape is increasingly interconnected, and strategic alliances are key to expanding access to high-quality deals while maintaining the integrity of our network,” said Dave de Csepel, TCA VG Chairman. “By launching the Strategic Affiliate Program, we are forging high-value relationships that benefit both our members and our affiliates through high potential startup investments, while ensuring TCA VG remains the gold standard for early-stage investment.”

Venkatesh Sankaran, President, TiE SoCal added, “TiE SoCal is thrilled to join the TCA Strategic Affiliate Program. This collaboration strengthens our ability to provide high-caliber investment opportunities to our members while leveraging TCA VG’s expertise in due diligence and deal syndication. By working together, we are creating a more interconnected and dynamic investment ecosystem, ensuring that both our investors and entrepreneurs benefit from expanded access to capital, insights, and strategic guidance.”

Key Highlights of the Collaboration:

• Joint Investment Initiatives: TCA VG and TiE SoCal will co-invest in promising startups, providing them with the necessary capital to scale their operations and achieve their growth objectives.
• Mentorship Programs: Leveraging the extensive network of experienced entrepreneurs and investors from both organizations, startups will receive invaluable mentorship and guidance to navigate the challenges of early-stage development.
• Networking Opportunities: Regular events, including pitch sessions, investor summits, and workshops, will be organized to facilitate meaningful connections between startups and potential investors.
• Educational Resources: Comprehensive educational programs will be offered to equip entrepreneurs with the skills and knowledge required to succeed in the competitive startup landscape.

Natesh Kodancha, a member of both TCA VG & TiE SoCal and liaison for this collaboration, concluded, “This agreement between us strengthens our ability to provide high-caliber investment opportunities to our members of both organizations.”

About TCA VG Strategic Affiliate Program

The Strategic Affiliate designation is distinct from full TCA VG Licensee Membership, which involves deeper integration, common strategic goals, and shared services such as our deal platform, communications platform, access to all TCA VG deals, and stronger operational alignment. TCA VG licensees are full members of TCA VG with a board seat; Strategic Affiliates operate as independent entities with arm’s-length collaboration, carefully curated deal-sharing, and select engagement benefits.

About TCA Venture Group

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $275 million in more than 560 companies, attracting an additional $2.2 billion in capital. TCA VG is a key seed and early-stage funding source, with more than 400 accredited investors in seven member networks: TCA-Los Angeles, TCA-Orange County, TCA-Inland Empire, TCA Southeast, Pasadena Angels, MEDA Angels, and Pegasus Angel Accelerator. TCA VG members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks. Connect with TCA VG on its website (https://tcaventuregroup.com), X, Facebook, and LinkedIn.

About TiE SoCal

TiE SoCal is part of TiE, a global community that believes in the power of ideas to transform entrepreneurship and drive business growth through its five pillars: mentoring, networking, education, incubating, and funding. TiE has 300+ chapters with community of 500,000+ members and 15,000+ investors across the world. With flagship programs such as TiE Women, TiE Young Entrepreneurs (TYE), TiE University (TiE U) TiE Angels, impact of TiE is recognized by many organizations such as United Nations, business, and political leaders. For more information, please visit: www.tie.org and www.tiesocal.org and www.tiesocalangels.com

TCA VG Contact:
David Friedman
dfriedman@prodigy.net
+1 (949) 439-4503

TiE Contact:
Gaurav Kumar
president@socal.tie.org
+1 (949) 414-6135

SOURCE: https://www.einpresswire.com/article/805059351/tie-socal-signs-as-first-strategic-affiliate-partner-in-tca-venture-group-s-new-program

Join TCA Venture Group for their signature round table "Face to Face" sessions, where you'll get to meet dozens of local investors, diving deep into Q&A discussions designed to enlighten and inspire you, the driving force of entrepreneurship.

Join TCAVG on Monday, April 21 from 4:00PM to 8:00PM at Chapman University Leatherby Center for Entrepreneurship & Business Ethics, 549 W. Palm Ave, Orange, CA 92868.

The evening includes informative expert panels on Artificial Intelligence and Getting Funded in Today's Uncertain Economic Environment.

Breakout sessions with dozens of local TCA Venture Group early stage angel investors offer founders industry specific conversations around AI, Life Sciences, Consumer Products, Software, and General Markets. 

Plus, return of the "Valuation Price is Right" Startup Pitch Game - moderated by OCSC CEO, Scott Fox!

• Founders: You must register first here.

• Then apply to Pitch Here.  

Agenda

4:00 pm - 4:45 pm: Check in, come early to mingle and experience delicious appetizers by Tea Modern Chinese.

4:45 pm - 5:00 pm: Beyond the Check!

How We Invest and Empower Your Startup to Thrive?

• Dave de Csepel, Chairman, TCA Venture Group

• Cynthia West, Director of the Leatherby Center Chapman U.

5:00 pm - 5:30 pm: Funding Strategies in Economic Uncertainty

• Nardo Manaloto, Qubits Ventures Fund

• JC Ruffalo, Partner, The Cove Fund

• Dave de Csepel, Chairman, TCA Venture Group

GET MORE EVENT INFO HERE…

Want more events?  Please see the full OC Startup Events Calendar here.

Thank you to TCA Venture Group, a renewing Gold Sponsor of the OC Startup Council!

TCA Venture Group is a catalyst in helping to build Southern California’s economy by offering early stage, pre-seed, and seed funding for startups.

TCA also brings critical business connections, provides hands-on practical mentoring, assists in building out management teams, and helps raise additional venture capital funding through syndication.

Since 1997 TCA members have invested over $200 million in over 400 companies. TCA portfolio companies have gone on to attract over $1.6 billion in additional investment capital.

https://tcaventuregroup.com

Contact: Tony Sarris, Executive Director - Orange County, tony@techcoastangels.com

OC Startup Ecosystem Directory Category:

• Investors
• Incubators and Accelerators

Thanks to Tech Coast Angels - Orange County  for investing in Orange County and supporting the OC Startup Council!

Learn here how your organization can join the OCSC, too!

TCA Venture Group Announces 2025 Leadership Team

IRVINE, Calif., Feb. 12, 2025 /PRNewswire/ -- TCA Venture Group (TCA VG) has announced its Leadership Team for 2025.

The organization has elected Dave de Csepel as chair and Lisa Walker as vice chair to its Board of Governors. TCA VG also announced that Lee Gordon will take the reins as president of Pasadena Angels and as such, is a new member of TCA VG's Board of Governors.

Mr. de Csepel has extensive experience in leading companies and angel investing. A serial entrepreneur for more than two decades, he currently serves on boards and as an advisor to many startups. He was vice chair of TCA VG in 2024 and is chairman emeritus of Pasadena Angels, having served as its chairman from 2019-22. Mr. de Csepel's primary goal for this year will be expanding the TCA VG brand, including co-branding with other angel groups across the country, and strengthening relationships within the organization's growing networks.

"It's an honor to lead one of the most prominent angel investment groups in the U.S.," said Mr. De Csepel. "Our six networks plus an angel accelerator group, bring together experienced investors eager to partner with visionary entrepreneurs shaping the companies of tomorrow. Together, we aim to foster innovation, create value, and expand TCA VG's impact in 2025 and beyond."

Ms. Walker has had a passion for startups and investing in companies since her early 20's, with two successful technology company exits, through IPO and acquisition. After more than 30 years' experience in entrepreneurship and investing, she became TCA-Orange County's first woman president in 2022 -2023.

Mr. Gordon will bring his legal expertise and passion for empowering innovation and entrepreneurship to TCA VG's Board of Governors. As a member of Pasadena Angels, he served as its screening committee chair, as a managing member of a Fund Engagement Committee, and on due diligence deal teams.

The full voting list of the 2025 TCA VG Board of Governors is:

• Chair: Dave de Csepel
• Vice-Chair: Lisa Walker
• Past Chair: Sunny Singh
• Treasurer/CFO: Volker Huether
• Secretary/Special Advisor: Jeff Lapin
• TCA-Orange County Network President: Pat Hwang
• TCA-Los Angeles Network President: Parisa Khosropour
• Pasadena Angels Network President: Lee Gordon
• MEDA Network President: Elizabeth Cho-Fertikh
• TCA-Inland Empire Network President: Mike Napoli
• TCA Southeast Network President: Chris Fey
• Strategic Fund Management: Dave Berkus
• Strategic Fund Management: Ken Borkan
• Partnerships: David Friedman
• Marketing/Branding: John Harbison

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $275 million in more than 560 companies, attracting an additional $2.2 billion in capital. TCA VG is a key seed and early-stage funding source, with more than 400 accredited investors in seven member networks: TCA-Los Angeles, TCA-Orange County, TCA-Inland Empire, TCA Southeast, Pasadena Angels, MEDA Angels, and Pegasus Angel Accelerator. TCA VG members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks.

SOURCE: https://www.prnewswire.com/news-releases/tca-venture-group-announces-2025-leadership-team-302374164.html?tc=eml_cleartime

Unlock the Power of Stock Incentives: Practical Strategies for Founders

Stock incentives present a rare opportunity for team members to participate in life-changing wealth creation, yet many founders struggle to fully harness their potential.

Join them Wednesday, October 30 from 6:00PM to 7:00PM via Zoom.

At Cake, they believe that stock incentives can be a game-changer for motivating teams and driving company growth—if used correctly.

Join them for an in-depth session designed specifically for tech founders. Learn how to make stock incentives simple, effective, and engaging, while avoiding common pitfalls. They’ll explore essential strategies for implementing stock incentive plans that resonate with your team and fuel company success.

Want to try Cake to manage your startup's equity?

Get Started for Free and save 20% off your first 12 months subscription at https://cakeequity.com/partner/sc 
Discount code: OCSC20 

GET MORE EVENT INFO HERE…

Want more events?  Please see the full OC Startup Events Calendar here.

Tech Coast Founders Have Wingz

WINGZ | Angel Investor Speed Dating by TCVN Connects Founders with Key Angel Investors in Irvine, CA

Irvine, CA — 9 October 2024 — WINGZ™ | Angel Investor Speed Dating by TCVN, held on 9 October 2024, provided a dynamic platform for Founders to pitch their innovative, early-stage startups to select members of TCA Venture Group. The event, organized by Tech Coast Venture Network (TCVN), aimed to help First-Time Founders get Pitch-Polished and Investor-Ready, while helping Angel Investors meet early-stage Founders who have significant growth potential.

The event followed a unique format where each Founder had (4) minutes to pitch their startup to (8) Angel Investors in a fast-paced “speed-dating” style. The sessions allowed Founders to showcase their potential, while Investors could quickly evaluate opportunities for future collaboration, or provide the necessary resources for that Founder to advance their business.

Following (3) rounds of speed dating, Angel Investors voted for the top-three “most fundable Founders” to win a symbolic golden Wingz trophy. “It was an amazing opportunity and experience” said Dean Talley, Co-Founder of The Smart Tarp Co. by BrandAll LLC, and winner of the first-place most fundable Founder.

Notable Investors in attendance included Pat Hwang, David Friedman, and Scott Fox, of TCA Venture Group, which has collectively funded seed and early A round startups in excess of $300 million since 1997.

Attendees enjoyed an exclusive FounderPanel | How to Become Fundable in Crypto, featuring Ed Prado, Co-Founder of Rair, Andrey Chabanov, Co-Founder of Trustek, and Elchin Bayramov, Founder of BlockatiX, moderated by David Ochi, Executive Director of the Innovation Incubator at CSU Dominguez Hills. Panelists addressed how raising capital in the crypto industry is constantly evolving; “Orange County’s startup scene is really growing” said Elchin Bayramov, "The energy and connections were incredible—it’s such a great time to be a part of this community."

Sponsors and community partners of Wingz included TCA Venture Group, The Eli Home, OC Startup Council, OneDigital, 1st Century Bank, Persuasive Business Plans, Startup Steroid, CrispX, Master Key IP, Restaurants 2 You, LYNX, Founders Flow, Genesis Bank, SoCal Startup Day, and UCI.

"Wingz was a valuable and fun community building event" said TCVN’s interim president Tony Crisp. "Our goal is to help the city of Irvine become one of the top-20 startup cities in the world."

Plans for next year’s Wingz are already underway, and organizers are confident that it will be even bigger and better. "We’re excited to announce Spring Wingz 2025, featuring TiE Angels" said TCVN executive director Aaron Klein.

For more information about TCVN and how to attend the upcoming Rocky | Founders Choice Awards by TCVN, please visit lu.ma/TCVN or follow us on our social media channels.

instagram.com/techcoastventurenetwork

linkedin.com/company/tcvn

youtube.com/techcoastnetwork

x.com/techcoast

tiktok.com/@techcoastventurenetwork

---

About TCVN:

Tech Coast Venture Network (TCVN) is celebrating it’s 40th year anniversary as a non-profit community support organization on a mission to help create economic and social impact by helping first-time founders become fundable. We are positioned in the ecosystem “between the i’s": idea and investment.” To help Founders in our community become Pitch-Polished and Investor-Ready, we host three annual signature events, Survivor fast-pitch competition, Wingz angel investor speed dating, and Rocky founders choice award holiday celebration for charity.

SOURCE: TCVN

Thank you to TCA Venture Group, a Gold Sponsor of the OC Startup Council!

TCA Venture Group is a catalyst in helping to build Southern California’s economy by offering early stage, pre-seed, and seed funding for startups.

TCA also brings critical business connections, provides hands-on practical mentoring, assists in building out management teams, and helps raise additional venture capital funding through syndication.

Since 1997 TCA members have invested over $200 million in over 400 companies. TCA portfolio companies have gone on to attract over $1.6 billion in additional investment capital.

https://tcaventuregroup.com

Contact: Kyle Hudson, Executive Director - Orange County, kyle.hudson@techcoastangels.com

OC Startup Ecosystem Directory Category:

• Investors
• Incubators and Accelerators

Thanks to Tech Coast Angels - Orange County  for investing in Orange County and supporting the OC Startup Council!

Learn here how your organization can join the OCSC, too!

TCA Crossroads: Interview With Poppy Life Care's Erica Solis

Join Hosts Dave and David from TCA Venture Group as they interview Erica Solis and discuss building startup Poppy Care, as well as their interactions with investors.

In this episode, Dave and David sit down with Erica Solis, the Founder and CEO of Poppy Life Care (PLC), a revolutionary two-sided marketplace for integrative wellness.

Erica shares the inspiring origins of Poppy Life Care, highlighting her passion for helping individuals improve their lives, reduce stress, and find more enjoyment. PLC offers a broad range of wellness services nationwide from psychological help, training and yoga. Erica has already already secured major insureds like Kaiser Permanente, which speaks to the credibility and effectiveness of their offerings.

Erica discusses recruiting wellness workers, all of whom are independent contractors. This model has allowed PLC to offer a diverse array of services tailored to meet the unique needs of each user. From mental health support to holistic wellness practices, PLC's platform connects users with qualified professionals dedicated to enhancing overall well-being.

Despite being mostly self-funded, PLC is now seeking additional capital to fuel its growth. Erica emphasizes the importance of securing new investments to expand their reach and improve their service offerings including the potential for a club which would be an in person extension of the online platform. The platform's success thus far demonstrates its potential to transform the wellness industry by making integrative care more accessible and personalized.

As Erica elaborates on PLC’s journey, she underscores the significant impact that a well-rounded approach to wellness can have on individuals' lives. By prioritizing mental and physical health, Poppy Life Care aims to help people lead more balanced and fulfilling lives. This episode offers valuable insights into the future of wellness and the role that innovative platforms like PLC will play in shaping it.

You can watch this episode here: https://youtu.be/3aYzKuOeQO0

TCA  Venture Group (TCA VG)  Signs a Multi-Year Contract with Startup Steroid

TCA has selected SPV Hub, a sister company of Startup Steroid, as one of two SPV platforms for use by its six member networks.

CERRITOS, CALIFORNIA, USA, August 26, 2024 /EINPresswire.com/ -- TCA Venture Group (TCA VG), a leading investment group known for its commitment to funding innovative startups, has recently announced a multi-year affiliation with Startup Steroid, one of the leading SaaS deal flow and Special Purpose Vehicles (SPV) platform service providers in the USA. 

Startup Steroid will provide TCA with an advanced deal management platform that integrates cutting-edge technology to streamline the deal selection process and enhance investment operations.  In addition to that deal platform, TCA has selected SPV Hub, a sister company of Startup Steroid, as one of two SPV platforms for use by its six member networks.

“Our relationship with Startup Steroid is a significant milestone for TCA Venture Group (TCA VG). We wanted a customizable deal platform that would be critical as we invest in innovative startups,” according to David Friedman, Chair Emeritus and project lead for this program. Additionally, Friedman adds that with Startup Steroid, TCA can enhance its due diligence process, make syndication easier, and customize it to fit the different investment theses of its network members.”

Startup Steroid offers a robust analytical framework that assists in efficient screening, due diligence, and evaluating potential investments. It can significantly improve TCA’s ability to identify high-potential startups while at the same time enabling TCA to syndicate its deals as well as receive deals from its syndication partners.  TCA’s 400+ accredited members will be using the platform where they can have there own curated deals to track. The platform will also provide bi-lateral deal syndication with other angel groups and investment firms.

“TCA is dedicated to discovering and nurturing the next generation of groundbreaking startups. Our collaboration with Startup Steroid represents a development in our strategy to integrate innovative technology that enhances our investment process, ensuring greater success and support for startups that promise substantial impact and growth,” said Digvijay “Sunny” Singh, Ph.D., Chair of TCA VG.  

“We are excited to join hands with TCA and bring forward a robust customizable platform that accelerates their investment strategy and encourages member engagement through its intuitive platform. This partnership is about empowering investors with the right tools to fuel the growth of tomorrow’s leading companies,” says Ashish Saboo, CEO and Co-founder of Startup Steroid.  

“Startup Steroid is at the forefront of revolutionizing how investment groups manage their deal flow and SPV processes. Startup Steroid continues to empower investors with cutting-edge tools and platforms, enabling them to streamline operations and make data-driven investment decisions that drive innovation and growth in the startup community,” said Anshuman Sinha, Co-founder and COO of Startup Steroid.

About TCA Venture Group (TCA VG):

 Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. TCA VG is a key seed and early-stage funding source, with more than 400 accredited investors in seven member networks: TCA-Los Angeles, TCA-Orange County, TCA-Inland Empire,  TCA Southeast, Pasadena Angels, MEDA Angels, and Pegasus Angel Accelerator. TCA VG members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks.

Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn. 

About Startup Steroid  

Startup Steroid is a leading SaaS platform that provides sophisticated deal flow and SPV management services to venture capitalists and angel networks. Their solutions are designed to enhance how investors source, evaluate, and manage investments, leveraging technology to drive better outcomes. https://startupsteroid.com/  

For further information, please contact:  

TCA Venture Group (TCA VG)

David Friedman 
dfriedman@prodigy.net  
5270 California Avenue, Suite 200, Irvine, CA 92617 
Website: https://tcaventuregroup.com/  

Startup Steroid 

Anshuman Sinha 
Co-founder & COO, Startup Steroid 
Anshuman@StartupSteroid.com  
15925 Carmenita Rd., Cerritos, CA 90703
Phone: +1 (209) 231-4575 
Website: https://startupsteroid.com/ 

SOURCE: https://www.einpresswire.com/article/738366658/tca-venture-group-tca-vg-signs-a-multi-year-contract-with-startup-steroid

TCA Venture Group Invested $10.9 Million into 32 Companies and Realized Three Exits in 2023

Evolutionary Year with a Strong Pipeline of Exciting Companies and Strategic Expansion Plans

IRVINE, CALIF., USA, June 26, 2024 /EINPresswire.com/ -- TCA Venture Group (TCA VG) invested $10.9 million in a total of 32 companies in 2023, as stated in its 2023 Annual Report, announced today.

Eighteen (18) companies were new additions to the TCA VG portfolio, comprising 61% of funding. Investments were across a diverse mix of industries, with Life Sciences comprising 51% of the total investment. While the monetary amount of investment in 2023 declined from recent years, it still produced a strong year for the group, and the thirteenth consecutive year that TCA VG’s total investments have exceeded $10 million. This marks the longest sustained level of high investment activity since TCA VG was founded in 1997 as Tech Coast Angels.

A new expansion strategy was set forth in 2023 with the evolution of the angel network outgrowing its well-respected name of “Tech Coast Angels.” With ever-growing expansion and diversification into many industries and geographies far beyond Southern California, TCA VG extended its investments to include later stage seed and early A-round and B-round funding, and greater diversification with its four network funds. The new name, TCA Venture Group, reflecting these changes, was unveiled in January 2024.

“2023 has shown us that there is a strong pipeline of exciting companies with innovative ideas that need startup funding and mentorship, even in this challenging economic environment,” said TCA VG chair, Digvijay "Sunny" Singh, Ph.D. “In 2023, we took actions to extend our reach even more for the future – including expansion into hot new geographies, streamlined due diligence, stronger syndication, and providing a broader reach that incorporates tighter relationships at all levels, from accelerators to venture capitalists.”

TCA VG has invested $304 million in 544 companies since its founding in 1997.

Since its inception, TCA VG has had 125 exits, and 156 shutdowns. Of the total number of investments, 263 companies (48%) are still active. Assuming equal weighting, the cumulative return for all TCA VG outcomes is 5.8x returns and IRR is 23.7%, exceeding the 2.5x return and 22% IRR benchmarks from the Angel Resource Institute.

At the end of 2023, TCA VG was comprised of five networks: TCA Los Angeles, TCA Orange County, Pasadena Angels, TCA Inland Empire, and MEDA Angels. There are four annual network funds that invested $5.7 million of capital into 26 of the 32 deals funded in 2023. Drops in late stage exit activity and IPOs, as well as VCs supporting their existing portfolio companies, meant that TCA VG individual member and fund investments filled a gap for promising young companies seeking investment. Early stage investment groups such as TCA VG contributed a larger percentage of funding in 2023, with VC investment shares dropping from 54% in 2022 to 10% in 2023.

TCA VG realized three exits in 2023. Among these, DTx Pharma reached unicorn status and was acquired by Novartis for $1 billion, netting earliest TCA VG investors an 18x return. TCA VG (including two of its annual network funds) invested over $2.5 million in the company, so many members participated in this positive exit.

TCA VG continued to be active in syndication through Angel Syndication Network (ASN), which TCA created in 2015. ASN now encompasses more than 60 angel groups and 1,500 angels, and in 2023 ASN funded $5.1 million in ten (10) companies. A majority of all TCA VG’s 2023 investment (59%) and deals (54%) were outside the group’s historical focus of Southern California. This change is due to the growth of ASN, the shift to virtual screening and due diligence efforts, TCA VG’s licensing initiative bringing in groups in other parts of the county, and the addition of virtual members. Southern California still represented 41% of investment and 46% of companies, with other notable geographic clusters being Massachusetts (13%/9%), New York (10%/11%), and Northern California (7%/3%), respectively.

Some tips for entrepreneurs included in the annual report are:

• Be realistic about valuation. Attracting investment will be difficult, so raise as much money as you can in the current round without concerns for dilution.
• Seek investors who can provide guidance and contacts as well as well as funding. And listen to them.

Some tips for angels/investors included in the report are:

• Accelerate funding companies who embrace realistic valuation, and can achieve breakeven with current round funding.
• If you have a limited amount of capital, invest in funds in order to diversify. Supplement this with investing directly in areas/industries where you have experience.

Access TCA’s full 2023 Annual Report for more details. The 40-page report includes a summarization of the year, greater detail on the strategy for expansion, more information on topics mentioned above, a list of 2023’s new and funded companies in TCA VG’s portfolio, many more trends and comparisons, and tips going forward for investors and entrepreneurs.

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. TCA VG is a key seed and early-stage funding source, with more than 400 accredited investors in seven member networks: TCA-Los Angeles, TCA-Orange County, TCA-Inland Empire, TCA Southeast, Pasadena Angels, MEDA Angels, and Pegasus Angel Accelerator. TCA VG members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks.

Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn.

SOURCE: https://world.einnews.com/pr_news/722564912/tca-venture-group-invested-10-9-million-into-32-companies-and-realized-three-exits-in-2023

TCA Venture Group Portfolio Companies Win Both Categories of Angel Capital Association’s Esteemed Luis Villalobos Award

Deep Blue Medical and Ready.Set.Food! honored at the premier annual event for angel investors in May

IRVINE, CALIF., USA, May 23, 2024 /EINPresswire.com/ -- TCA Venture Group (TCA VG) today announced that two of its portfolio companies, Deep Blue and Ready.Set.Food!, won both categories of the esteemed Luis Villalobos Awards at the Angel Capital Association (ACA) Summit in Columbus, Ohio earlier this month. Named after Tech Coast Angels’ founder and luminary of the angel community, Luis Villalobos, the annual award recognizes the most innovative ACA-invested companies.

Deep Blue won the Life Sciences Category, with next-generation surgical devices that prevent soft tissue surgery failure. Deep Blue Medical’s soft tissue surgery platform utilizes mesh extension sutures that distribute and reduce tension at the surgical site to reduce cheesewiring, reduce pain, and provide a quick, convenient surgical approach.

Ready.Set.Food! won the Technology Category, with an innovative allergen introduction system to provide babies with healthier futures, free from food allergies. In addition to its growing product line and distribution, the company has created greater awareness and has furthered legislation efforts to mandate early allergen introduction for babies.

TCA VG chair, Digvijay "Sunny" Singh, Ph.D., said, “We are so proud of our two portfolio companies. They are both so deserving of this prestigious award, and I think Luis would have been thrilled to see how far his legacy and light has shined in the angel community to reward exceptional innovation and ingenuity.”

Supporting quotes:

Deep Blue:

“The process of working with TCA San Diego (now NuFund) was excellent, and their early support in our first equity round made a big difference in the growth of Deep Blue,” said Bill Perry, CEO and director of Deep Blue. “Prasad Sunkara was a tireless champion and a pleasure to work with and their investment process actually helped us be better positioned for future investment.”

Prasad Sukara, Ph.D, and deal lead with NuFund (formerly TCA San Diego), said, “The company has the perfect team solving an unmet surgical need. I was impressed with background and experience of the founding team, Bill Perry, a medical device expert and Dr. Howard Levinson, a well-regarded plastic surgeon. Deep Blue Medical was focusing on solving the common failure in soft tissue surgery due to suture pull-through of tissue or mesh through with their innovative technology. I am happy to note that Deep Blue has successfully developed and commercialized the T Line mesh products for various indications during the past five years since we invested.”

Ready.Set.Food!:

Daniel Zakowski, CEO and co-founder of Ready.Set.Food!, said, "We have been so grateful for the amazing support we've received from angel investors like TCA VG, from our earliest days up through our most recent fundraise. I started Ready. Set. Food! seven years ago, after my nephew developed multiple food allergies, with the goal of helping to end the food allergy epidemic, and TCA VG’s support has helped to make this mission a reality."

“The company checked all of the boxes that we look for in a start-up: an experienced, passionate founding team with complementary skills; a large and growing market opportunity; a proprietary product; and early market traction demonstrating market fit,” said Ron Silverton, co-deal lead and TCA-LA executive committee member. “But what compelled me to lead the deal and evangelize for the company was its mission to prevent babies from developing potentially lethal food allergies: a mission I personally can identify with given I too have a child at risk of anaphylaxis from dairy and nuts.”

Dr. Singh, co-deal lead, added, “In addition to the usual due diligence, I saw that Daniel and his team had a very personal story where a family member was affected by childhood food allergies. They had set out to build a company to combat a problem that was deeply personal and the team seemed quite driven by it.”

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. With 400+ accredited investors in TCA-LA, TCA-OC, TCA-Inland Empire, Pasadena Angels, MEDA Angels and TCA Southeast, TCA VG is a key seed and early-stage funding source. Its members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks. Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn.

SOURCE: https://www.einpresswire.com/article/713927135/tca-venture-group-portfolio-companies-win-both-categories-of-angel-capital-association-s-esteemed-luis-villalobos-award

TCA Venture Group and Pegasus Angel Accelerator Announce Collaborative Agreement

IRVINE, Calif. – May 23, 2024 -- TCA Venture Group (TCA VG) and Pegasus Angel Accelerator (Pegasus) today announced that Pegasus will co-brand with TCA VG and become a member of the TCA Venture Group through a collaborative agreement that benefits both investors and entrepreneurs.

For TCA VG investors, it provides another pathway to better deal flow with a focus on early-stage deals and pre-seed companies. Pegasus will provide tools, resources and mentorship, some of which will come from accredited investors across TCA VG’s six networks with more than 400 investors.

For startups, the collaboration provides an opportunity for mentorship, expertise, and funding from Pegasus, and offers a path forward for funding from TCA VG. These opportunities will better prepare companies for seed and successive equity round consideration with TCA VG in a streamlined due diligence process.

Lucas J. Pols, managing partner of Pegasus, has a long history with TCA - Los Angeles, and served as the network’s president from 2021 – 2023. “I have a strong understanding what TCA VG members look for in a startup, and believe that our accelerator is a powerful addition to provide brilliant early-stage companies with the mentoring, education, and early funding required to accelerate growth. Our collaboration with TCA VG gives entrepreneurs a better chance of success, and gives TCA VG members an opportunity to reap significant rewards by having first-view access to high potential companies.”

“The agreement with Pegasus is a part of our strategy to engage with select incubators and accelerators to provide comprehensive support to young companies with a diverse set of advisors and connections, in addition to early capital infusion,” said Dr. Digvijay “Sunny” Singh, TCA VG chair. “The collaboration also aligns with our vision to optimize deal flow for our members, while exploring new integrated avenues to support TCA VG’s goal: to be the best place for entrepreneurs to get capital and the best option for accredited investors to achieve significant returns.”

For more information about TCA Venture Group, visit https://tcaventuregroup.com.
For more information about Pegasus Angel Accelerator, visit https://www.pegasusangelaccelerator.com.

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. With 400+ accredited investors in TCA-LA, TCA-OC, TCA-Inland Empire, Pasadena Angels, MEDA Angels and TCA Southeast, TCA VG is a key seed and early-stage funding source. Its members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks. Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn.

About Pegasus Angel Accelerator:

Pegasus Angel Accelerator: Empowering Dreams, Elevating Futures. With a dynamic network of seasoned investors and mentors, Pegasus Angel Accelerator offers not only financial backing but also unparalleled guidance and resources to propel startups forward. Through customized objectives, strategic advisory boards, and a comprehensive curriculum, it empowers early-stage ventures to navigate the challenges of growth and scale. Connect with Pegasus Angel Accelerator on its website, LinkedIn, Instagram, and TikTok.

SOURCE: https://www.einpresswire.com/article/703904241/tca-venture-group-and-pegasus-angel-accelerator-announce-collaborative-agreement

Thank you to TCA Venture Group, a Gold Sponsor of the OC Startup Council!

TCA Venture Group is a catalyst in helping to build Southern California’s economy by offering early stage, pre-seed, and seed funding for startups.

TCA also brings critical business connections, provides hands-on practical mentoring, assists in building out management teams, and helps raise additional venture capital funding through syndication.

Since 1997 TCA members have invested over $200 million in over 400 companies. TCA portfolio companies have gone on to attract over $1.6 billion in additional investment capital.

https://tcaventuregroup.com

Contact: Kyle Hudson, Executive Director - Orange County, kyle.hudson@techcoastangels.com

OC Startup Ecosystem Directory Category:

• Investors
• Incubators and Accelerators

Thanks to Tech Coast Angels - Orange County  for investing in Orange County and supporting the OC Startup Council!

Learn here how your organization can join the OCSC, too!

TCA Venture Group Furthers Strategic Expansion, Welcomes TCA Southeast to its Network

IRVINE, CALIF., UNITED STATES OF AMERICA, April 9, 2024 - (TCA VG) today announced the addition of TCA Southeast to its growing network.

The addition of TCA Southeast is a strategic move by TCA VG to tap into the dynamic startup ecosystems of Georgia and Florida.

With its new vision, TCA VG is focusing on selective expansion into thriving startup ecosystems, and the addition of TCA Southeast aligns seamlessly with this strategy. Members of TCA Southeast will now have the unique opportunity to invest and participate in both existing and new TCA member funds and have access to all the deals considered in the group. As its network grows in membership and correspondingly more capital for investment, TCA VG and its networks will appeal to a broader set of discerning entrepreneurs seeking support, mentorship, and capital.

Christopher Fey and Frederick Fey will spearhead the new network’s efforts as co-presidents. Both men bring a wealth of investment and local expertise to complement TCA VG’s vision, and with their extensive contacts in the Southeast, will establish robust pathways with regional angel groups, syndicates, family offices, universities, and accelerators. TCA Southeast members will not only comprise investors in Georgia and Florida, but will include virtual members.

“We are excited to welcome TCA Southeast to our network. We recognize the importance of an expanding network and the synergy it creates among accredited investors, and the addition of the new network aims to enhance deal flow by identifying and seizing opportunities in the Southeast United States,” said Dr. Digvijay “Sunny” Singh, TCA VG chair. “Fred and Chris are so well-suited to lead TCA Southeast, and we are thrilled to have them as members of TCA Venture Group.”

“Chris and I are honored to be selected to lead the expansion of TCA Venture Group to Florida and Georgia. TCA VG has led the way for helping entrepreneurs fund the start-up economy, and we are excited to carry that tradition to the fast growing economies in Florida and Georgia,” said Frederick Fey, co-president of TCA Southeast.

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, TCA Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. With 400+ accredited investors in TCA-LA, TCA-OC, TCA-Inland Empire, TCA Southeast, Pasadena Angels, and MEDA Angels, TCA VG is a key seed and early-stage funding source. Members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks. Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn.

For media inquiries, please contact:

Chris Fey: chris.fey@uspm.global
Fred Fey: fred.fey@uspm.global
David Friedman: dfriedman@prodigy.net

SOURCE: https://www.einpresswire.com/article/701594599/tca-venture-group-furthers-strategic-expansion-welcomes-tca-southeast-to-its-network

A Showcase of Diverse and Disruptive Startups

The Orange County Women’s Business Center, in partnership with the Orange County Inland Empire SBDC Network, Golden Seeds and TCA Venture Group, invites you to attend their upcoming entrepreneur showcase as they take a first look at five of their top women-led companies.

Join them Thursday, April 25 from 12:00PM to 2:30PM at Irvine Marriott, 18000 Von Karman Ave., Irvine, CA 92612.

Hear investor pitches from their clients completing their seed round or their Series A round. The winning pitch will receive $2,500 in cash to grow their company and the opportunity to pitch in front of the Golden Seeds and TCA Venture Group investor panel.

GET MORE EVENT INFO HERE…

Want more events?  Please see the full OC Startup Events Calendar here.

TCA Venture Group invites you to Face-to-Face with Investors!

Event Focus: Strategies for Startup Value Creation

Discover how to create value for your startup company at this exclusive event by navigating "Product-Market Fit." 

Join us Wednesday, April 17 from 5:30PM to 8:30PM at Quail Hill Community Center, 39 Shady Canyon Dr, Irvine, CA 92603.

Attend for Tech Coast Angels' signature "Face to Face" round table breakout sessions, where you'll engage closely with dozens of local investors, diving deep into discussions and Q&As that are designed to enlighten and inspire you, the driving force of entrepreneurship. 

Plus:

* 'Valuation Price Is Right' Pitch Game Show Program 
Hosted by Scott Fox - TCA VG and Orange County Startup Council, CEO
(Founders: Submit your 1 minute video pitch to apply to Pitch during "Price Is Right" here now.)

* How To Create Value and Present It?
Presented by Robin Pimentel, K5 Ventures

* ​Our Growth Story: Fireside Chat with Stijn Vanorbeek, CEO of Simply Bread Co.
Hosted by Ray Chan, TCA VG and K5 Ventures

* In-person Breakout Rooms for “ Face to Face with Investors”: Software, AI, Life Sciences, Consumer Products, General.
​Hosted by TCA Venture Group

ALL #IrvineTechWeek EVENTS HAVE LIMITED CAPACITY - PLEASE REGISTER NOW

GET MORE EVENT INFO HERE…

​This event is a part of Irvine Tech Week - an exciting annual week-long event series that showcases Irvine's thriving innovation ecosystem. Presented by Orange County investors, accelerators, startups, and the City of Irvine. See the full events calendar for more events at https://irvinetechweek.com! For sponsorship opportunities, please contact hello@irvinetechweek.com.

Want more events?  Please see the full OC Startup Events Calendar here.

Thank you to TCA Venture Group, a renewing Gold Sponsor of the OC Startup Council!

TCA Venture Group is a catalyst in helping to build Southern California’s economy by offering early stage, pre-seed, and seed funding for startups.

TCA also brings critical business connections, provides hands-on practical mentoring, assists in building out management teams, and helps raise additional venture capital funding through syndication.

Since 1997 TCA members have invested over $200 million in over 400 companies. TCA portfolio companies have gone on to attract over $1.6 billion in additional investment capital.

https://tcaventuregroup.com

Contact: Tony Sarris, Executive Director - Orange County, tony@techcoastangels.com

OC Startup Ecosystem Directory Category:

• Investors
• Incubators and Accelerators

Thanks to Tech Coast Angels - Orange County  for investing in Orange County and supporting the OC Startup Council!

Learn here how your organization can join the OCSC, too!

Silicon Valley Bank hosts TCA Venture Group Mixer

TCA Venture Group (fka Tech Coast Angels) recently hosted a reception in Irvine to introduce accredited investors to the benefits of TCA VG membership: https://tcaventuregroup.com/

New TCA Venture Group Orange County President Pat Hwang welcomed new members and friends at the friendly reception hosted by Silicon Valley Bank.

Angel Investing, startup deals, portfolio strategies, and the Tech Coast Venture Group annual funds were discussed by the sold out crowd.

Thanks to Ashley Fairon, Maximilian Montano, Tremelle Lester for hosting and the great food and wine.

Great to see TCA members and friends, including David Friedman, John Harbison, Scott Fox, Grant Van Cleve, JJ Richa, Volker Hüther, Ryan Lank, CPA, Harrison Rolfes, Ashish Saboo, Natalie A. Harney, CBPA, Michael Hill, John Samuelson, Matt Knebl, Aaron Childress, Jeff Hopkins and many more!

See this post on LinkedIn and FOLLOW the OC Startup Council for more, too.

Thanks to Silicon Valley Bank and TCA Venture Group for bringing the local startup community together again.

Visit our OCSC Community Events Calendar to see all the upcoming startup events in the OC ecosystem! 

p.s. Want the OCSC to promote your event? Submit startup events here. 

p.p.s. Want photos from your event shared in our newsletters? Write up a short article like the one above and email us!

Angel network formerly known as Tech Coast Angels includes strong and diverse team led by Digvijay “Sunny” Singh, Ph.D.

IRVINE, CALIF., USA, January 31, 2024 /EINPresswire.com/ -- TCA Venture Group (TCA VG) has announced its 2024 leadership.

This year’s team is the youngest and most diverse in the esteemed network’s 27-year history.

Outgoing TCA VG chair, David Friedman, welcomed the new team. “By championing collaboration, innovation, and strategic expansion, TCA VG will continue to blaze trails in the early-stage capital funding landscape for companies and investors alike, unleashing more potential, and supporting the entrepreneurial ecosystem even more strongly through our new leadership and programs than we’ve done in the past.”

Introducing TCA VG’s 2024 new leaders:

• TCA VG’s chair for 2024 is Digvijay “Sunny” Singh. A seasoned entrepreneur, investor, academic and technologist, Sunny has founded, operated and exited two startups previously. He is also a very active startup and real-estate investor with numerous investments. He was vice chair of Tech Coast Angels last year, and president of Tech Coast Angels–Los Angeles in 2022. He is Managing Partner at Alleyway Capital, which acquires small software startups.
• Dave de Csepel has been elected vice chair of TCA VG. From 2019 – 2022, Dave was chairman of the Pasadena Angels (PA), a licensee and member of the TCA Venture Group. A serial entrepreneur for more than 20 years, he now advises many startup companies, and serves on a variety of boards as an investor. He currently is a lead investor and consultant at BioCorRx, Inc., a publicly traded healthcare solutions company with a leading-edge treatment for alcohol and opioid addiction.
• Pat Hwang has been elected president of TCA–Orange County (TCA-OC). Pat joined Tech Coast Angels in 2016, after an illustrious career in mechanical engineering, aerospace, technology, and executive management. She is very active in the entrepreneurial ecosystem as a connector, advisor, panelist, and committee member. Pat has been an investor in many sectors including real estate, private equity, alternative investments and venture funds, and is a partner of a venture fund that invests in early-stage ventures. She serves on the board of many charities.
• Parisa Khosropour has been elected president of TCA–Los Angeles (TCA-LA). Parisa joined Tech Coast Angels-Los Angeles in 2020, and served as chair of the pre-screen committee in 2022 and 2023. An active angel investor, she serves as board advisor to several pre-seed and seed stage companies, and is a seasoned startup advisor with a specialized focus in biotechnology and medtech. She led various corporate organizations in MedTech, medical device and life sciences as a senior executive in those industries, and is passionate about customer experience and improving the lives of patients.

“All four leaders join to bring additional diversity and youth to TCA VG’s Board of Governors, making it in line with our entrepreneurs and ecosystem partners,” Friedman continued.

Dr. Singh concluded, “With one of the most diverse boards in our history and the re-creation from Tech Coast Angels to TCA Venture Group, we are excited for a year full of growth that will include bringing additional angel networks, early-stage funds and other venture ecosystem partners into our group!"

About TCA Venture Group:

Founded as Tech Coast Angels in 1997, Tech Coast Angels Venture Group (TCA VG) has invested approximately $280 million in more than 544 companies, attracting an additional $2.2 billion in capital. With 400+ accredited investors in TCA-LA, TCA-OC, TCA-Inland Empire, Pasadena Angels, and MEDA Angels, TCA VG is a key seed and early-stage funding source. Members, including founders and business leaders, deliver more than capital — providing counsel, mentorship, and access to extensive networks. Connect with TCA VG on its website, X/Twitter, Facebook, and LinkedIn.

Kimber Smith-Fidler
for Tech Coast Angels

SOURCE: https://www.einpresswire.com/article/685003600/tca-venture-group-announces-2024-leadership