SoundBoard Angel Fund

About The Fund

SoundBoard Angel Fund, also known as SoundBoard Venture Fund, is an angel network focused on providing funding, consulting, and coaching to early-stage start-up companies. They leverage the collective expertise of their Limited Partners (LPs) through a facilitated, collaborative investment process. SoundBoard focuses on 'understandable' businesses operating within underserved geographies and looks for companies with the potential for scalable competitive advantages. The fund's investment thesis centers on selecting companies across several sectors including food and beverage, education, healthcare services, consumer products, and technology, particularly in areas like software, information technology (including TMT), FinTech, hardware and manufacturing, HealthTech and fitness, and logistics and distribution. SoundBoard assesses potential investments not only on their business model and market opportunity but places a significant emphasis on the leadership teams. They identify gaps within these teams, evaluate the culture and human capital both before and after the investment. The expertise of the fund encompasses debt and equity financing, and their specialty lies in expansion and management buyout/leveraged buyout (MBO/LBO) strategies. Since its inception, SoundBoard Angel Fund has invested over $7.5 million across 48 companies, which has contributed to the creation of more than 400 jobs. By mobilizing investors to actively participate in the evaluation and decision-making processes, SoundBoard can assemble diverse perspectives and insights into every conversation. Their method aims to innovate the venture landscape through decades of experience in entrepreneurship, growth management, and group dynamics.