Tonight, the Angel Capital Summit finished the first of three review cycles for the largest annual angel investing conference between New York and San Francisco.  We’ll save the deeper analysis for later, but here is some aggregate data on the ~70 companies that reached the semi-finals, from the 190+ which applied to one of 30 partner groups:

• Company Stage
  • 7 cash-flow-positive
  • 23  revenue but not cash-flow-positive
  • 28 pre-revenue
  • 2 concept

• Sector (with some grouping):
  • IT
    • 15  digital media & internet
    • 7 software
  • GreenTech
    • 12 clean-tech
    • 4 energy
  • Technology
    • 9 health care and life sciences
    • 1 nanotech
  • Consumer
    • 6 CPG
    • 2 food and beverage
    • 4 service
  • Social Entrepreneur
    • 2 for-profit exclusively social ventures
    • 4 earned-income non-profits
  • Other
    • 1 financing
    • 1 telco
    • 1 real estate

In addition to the four spots traditionally retained for earned-income non-profits, and two projects that are exclusively and specifically for-profit social ventures, several of the clean-tech companies, as well as a mix of the other companies have performance metrics in place around sustainability issues, which would qualify them as sustainable ventures, even in they may not fall in the more tightly defined social entrepreneurship category.

We anticipate being able to promote a track of sustainable ventures that represents approximately 10% of the overall deal flow in the finals of the Angel Capital Summit, upcoming on November 17th.

If you have experience in assessing company viability, as an investor or someone representing them, and have an interest in sustainable business, please contact us directly to join the 100+ person deal screening network.