About
Common Wealth Angels (CWA) is a private capital investment organization founded by tech entrepreneurs Kevin Bloomfield and Russ Ellis to provide early-stage investment opportunities for angel investors and critical capital for Virginia startups. Based in Southwest Virginia, CWA serves a dual purpose: curating well-vetted, high-quality investment opportunities for its angel investor members while simultaneously channeling early-stage capital into scalable Virginia startups across all sectors and technologies, with a stated bias toward companies originating from Southwest Virginia. The organization's investment thesis centers on funding companies that are demonstrably scalable, possess defensible competitive advantages, and have a reasonable path to liquidity or exit. CWA differentiates itself by combining capital deployment with mentorship, investor education, and community building around entrepreneurship in the region. The organization functions as a structured platform that bridges the gap between accredited angel investors seeking vetted deal flow and early-stage founders seeking not just capital but also strategic guidance and regional network access. Members gain exposure to pre-screened investment opportunities alongside peers and experienced entrepreneurs. Portfolio companies benefit from both angel capital and the operational expertise and connections of CWA's founder network and investor base. While specific check sizes, total capital under management, and detailed portfolio holdings were not publicly confirmed in available sources, CWA's positioning emphasizes quality deal curation over deal volume and early-stage focus rather than later-round capital deployment.