About
South Coast Angel Network operates as a collaborative investment community rather than a traditional angel fund, distinguishing itself through a model where members work together on due diligence and pool capital to achieve scale, while maintaining individual investment decision-making authority. Based in Sioux Falls, South Dakota, the network brings together accredited investors who share a commitment to supporting early-stage, privately-held ventures. The organization's structure reflects a pragmatic approach to angel investing: rather than operating as a formalized fund with collective capital and standardized terms, SCAN members leverage collective intelligence and resources to evaluate opportunities more thoroughly while preserving each investor's autonomy and investment strategy. This hybrid approach allows members to participate in deal flow evaluation at a group level while maintaining the flexibility to make individual investment decisions based on personal risk tolerance and portfolio objectives. The network focuses on early-stage companies, though specific check size ranges and sector preferences are not publicly detailed. For entrepreneurs, membership in SCAN provides access to a curated group of experienced investors with demonstrated commitment to the region's startup ecosystem. For members, participation offers deal flow, structured due diligence collaboration, and the opportunity to co-invest with other sophisticated investors who bring domain expertise and network value beyond capital. The organization's emphasis on collaborative evaluation processes suggests a commitment to rigorous investment practices and mutual learning among members.