2012 Valuation Survey of Angel Groups
OCTOBER 16, 2012
This summer I conducted our third annual survey of the pre-money valuation of pre-revenue companies recently funded by angel groups in North America. Access to our 2010 and 2011 surveys can be found at 2011 Valuation Survey of North American Angel Investor Groups. We received data from thirty groups of the fifty angel groups from whom we requested data. We asked each group for their median (middle) pre-money valuation of pre-revenue deals.