What is the minimum investment amount?

This is a multi-part question.

• Each company we seek to invest in may set their own minimum check size. Wharton Alumni Angels syndicate all of our members' investments in a company into an SPV and we then write one check to the company. If our aggregate investment from all interested members is below a company's minimum we may not be able to invest.
• For any single investment in a company, a member's minimum check size is $5,000 USD or equivalent.
• Per the member agreement, we expect our Full Members to invest $20,000 USD per year on average. In years when a Full member cannot do so, we ask that members contribute time to volunteer by supporting the deal process.
• Investors also share the expenses of servicing the SPV. See the separate question regarding SPV expenses.