[fusion_builder_container type=”flex” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” border_style=”solid”][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”true” min_height=”” hover_type=”none” link=”” border_sizes_top=”” border_sizes_bottom=”” border_sizes_left=”” border_sizes_right=”” first=”true”][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” font_size=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” line_height=”” letter_spacing=”” text_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]

MEDA Angels Expands Its Healthcare Reach Through a Partnership With
Tech Coast Angels, one of the largest and most active angel investor groups in the U.S.

 

MEDA Angels is pleased to announce that it has entered into a Partnership with Tech Coast Angels (TCA) of Southern California. TCA, founded in 1997, is a leading source of angel investor funding of seed-stage and early-stage companies. It has invested more than $255 million in more than 500 companies and has helped attract more than $1.7 billion in additional capital/follow-on rounds.

MEDA Angels, an angel investor group established in 2019, was founded by seasoned physician- and scientist-investors. Its healthcare-centric membership includes 50+ physicians, scientists, and other healthcare experts, as well as legal, financial, and regulatory professionals. Since its inception, MEDA Angels has invested in 12 companies, totaling nearly $2 million. With one exit providing a 2x ROI & 80% IRR, the unrealized gains from its existing portfolio investments stand at 1.9x ROI and 86% IRR.

The Partnership brings together MEDA Angels’ 360 degree expertise in healthcare and TCA’s established angel investor community of over 400 members and multi-sector investment activities in fintech, agtech, consumer, cyber, life sciences, among others.

Deal flow, due diligence, expertise and other key resources will be shared between the two angel groups, providing members of both MEDA Angels and TCA unprecedented access to a rich investment ecosystem.

We are excited that MEDA is joining us as a member of the TCA network. We look forward to a mutually beneficial collaboration particularly in the areas of digital health, medical devices and robotics, diagnostic technology, wellness, and other medical technologies. The alliance significantly strengthens TCA’s current expertise and knowledge base in these areas and their East Coast presence complements our West Coast presence, making our alliance a force in investing in the startup healthcare ecosystem. Together we will be even more attractive to entrepreneurs in the medical and healthcare markets.”
Jeff Lapin, Chairman, TCA

“The Partnership with TCA is a one-of-a-kind opportunity. It expands our investor members’ access to premier deal flow and expertises within and beyond healthcare through TCA, while boosting our healthcare reach to many more experienced, accredited investors. I’m excited about the collective potential of this Partnership.”
Elizabeth Cho-Fertikh, Cofounder & Managing Director, MEDA Angels

[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]