Terms & Conditions

Fees:

$50 for application submission & screening review

$200 approx for a background check for startups that are selected and
advance through our investment review process.  Background checks
are a standard part of due diligence.

Investments:

All investments made through an introduction facilitated by MEDA Angels, LLC  to MEDA Angels members and Guests (who attended a MEDA Angels pitch session) must be executed through Special Purposes LLCs/Entities (“SPE”) managed by MEDA Angels Management Group (“MAM”).  Direct investments between MEDA Angel members and a startup are therefore not permitted.  SPE-based investments are beneficial to startups in keeping capitalization documents manageable and can serve as valuable, collective sources of strategic investor-advisors.

Follow-on, future investments made through MEDA Angels members (and Guests) also require SPE investment agreements.  As such, startups are requested to keep MEDA Angels, LLC informed of fundraising efforts through our members.

Disclaimer:

MEDA Angels, LLC is a membership group that facilitates the introduction of entrepreneurs to MEDA Angels investors through meetings, presentations and other mechanisms.  MEDA Angels members consist of individuals and entities who are interested in investing in privately held companies or ventures typically in an early stage of development.  MEDA Angels, LLC is not an investment advisor, venture fund, investment bank, broker nor dealer.  It is not a registered as an investment advisor, broker/dealer or in any other capacity with the Securities Exchange Commission or any state securities commission, and it does not recommend or otherwise provides advice with respect to investments in any company, security or industry.  MEDA Angels, LLC does not opine on the accuracy of any information provided by a presenting company.  Each Member is responsible for his or her own due diligence investigation and investment decisions.  All investments in startup companies involve a high degree of risk, and investors should be able to bear the risk of complete financial loss of their investment.  The choice to use, manner of utilization of, and information and knowledge gained through MEDA Angels, LLC is each Member’s individual choice.  MEDA Angels, LLC does not provide any tax, compliance, reporting, legal or other advice, and Members should seek appropriate professional assistance in connection with their consideration of each investment opportunity.

Limitation of Liability:

You expressly disclaim any and all representations and warranties of any kind or nature, express or implied, as to the information and materials relating to any investment opportunity provided through MEDA Angels, LLC.  As a condition of your participation in MEDA Angels, LLC, to the fullest extent permissible under applicable law, you hereby waive and release any claims, causes of action or other rights that you might have against MEDA Angels, LLC and each of their managers, officers, directors, employees, other members and representatives of MEDA Angels (the “Parties”) arising out of or relating to any investment or any materials made available to you through MEDA Angels, LLC.  In no event shall the Parties be liable, jointly or severally, to you for any loss of investment, loss of profit, lost data, business interruption or any other damages of any kind, including special, incidental indirect or consequential damages, arising out of or in connection with MEDA Angels, LLC.