Are you an early stage Irish tech firm, media business or fintech startup that wants to break into the U.S. market?
The New York-based Digital Irish Angels (DIA) Syndicate, a group of angel investors, says it wants to invest $150,000 to $250,000 in four to five Irish digital companies each year.
The DIA is now an official partner of HBAN (the Halo Business Angel Network), an organisation responsible for the promotion of angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland.
“There is an affinity with, and appetite for, investing in high-potential, Irish companies.”
According to the DIA, the angels will not only provide funding but also access to their networks, to help Irish startups grow their businesses in the US and on a global scale. To date, the digital Irish group has invested in a number of Irish startups including Sytorus, Video Elephant, Brightflag, Deposify and ProVerum Medical.
“The lead angels of our New York syndicate are successful entrepreneurs who have the knowledge, contacts and expertise to help Irish companies enter the US market and grow into international success stories,” says John Phelan, national director of HBAN.
“There is an affinity with, and appetite for, investing in high-potential, Irish companies among Irish-American business angels in the US,” says Feargall Kenny, of the DIA syndicate.
The partnership between HBAN and the Digital Irish Angels was launched at an event at the residence of the Consul General in New York City. Pictured at the event are (l-r) John Phelan, national director, HBAN; Feargall Kenny, Digital Irish Angels Syndicate; and Ciarán Madden, Consul General of Ireland in New York.
About the Digital Irish Angels
The Digital Irish Angels group was formed in 2015 by David Beatty, Feargall Kenny and Shane Naughton. It is an angel syndicate that invests in Irish startups, for accredited investors. The group was formed out of the broader New York Digital Irish group which promotes Irish startups in the USA through a series of events throughout the year. Go to digitalirishangels.com for more details.
Photo by James Higgins