Here are some of our most Frequently Asked Questions!

What are the benefits to angel investment?

Angels are accredited investors with a high personal net worth that have been successful in previous business endeavors. Our angels are eager to bring their experience, skills and expertise to new ventures.

How is Robin Hood different?

Robin Hood Ventures is the most active angel investment group focused on the Mid-Atlantic region. Since 1999, Robin Hood Ventures has invested in over 85 early-stage, high-growth startups, en route to building great companies. We are passionate about using our expertise to build great companies.

What areas of expertise do members have?

Our members boast a wealth of experience in a range of industries from IT to life sciences to healthcare, and they are able to leverage their knowledge and networks to add real value to our companies. Check out our members here.

How does Robin Hood help its companies grow?

Our members have experience and connections in nearly every industry. They are eager to share their knowledge with new companies and help ventures scale. Some examples of support RHV provides include deal structuring, legal support, introductions to potential customers and assistance building out teams.

How do I apply to Robin Hood Ventures?

If your venture meets our screening criteria, you can apply to Robin Hood using the application Gust. After you log in, you will be asked basic questions about your company. You’ll also have the opportunity to upload documents like your marketing and financial plans and presentation. Once you submit your application to Gust, it will be read by the RHV team. You will receive feedback on your application in a timely manner.

When is a good time to apply to Robin Hood?

It is always a good time to apply to Robin Hood Ventures. We read applications daily and meet monthly to discuss potential new ventures. If you have missed the cutoff for this month, we will discuss your application next month. Applications are always open.

What happens if I have a problem with my application?

If you have any technical questions or concerns regarding the application process, please contact support@gust.com or visit www.gust.com. For other questions, contact info@robinhoodventures.com

How does your funding cycle work?

RHV members meet monthly to screen applicants and discuss potential ventures. After this meeting, if your company garners significant interest among members, it will proceed into formal due diligence. During this time, your firm will be evaluated closely by a team of RHV members, who will determine the viability of an investment. Due diligence can take as little as one month, although the timing can vary greatly. If your company passes due diligence, the process will proceed to deal structuring.

Can I apply to Robin Hood if I’ve already raised some money from other investors?

Yes, RHV is happy to syndicate with other angels and investors.

How do I meet Robin Hood members?

Come to our office hours! At RHV Office Hours, different members will be available to chat with entrepreneurs about their ventures. Meet over Zoom with RHV investors to discuss your startup and gain first-hand knowledge from experts. Please register here.

Does Robin Hood Ventures prefer to invest in certain industries?

RHV is open to all industries; most of our investments are in innovation-driven companies. We do NOT invest in lifestyle businesses or services.

What is a lifestyle business?

  • A lifestyle business is a small business generally meant to provide lifestyle-level income and does not aim for an exit or acquisition. Examples include hair salons, bowling alleys, franchises and dance studios.

Does Robin Hood Ventures prefer companies located in certain geographical areas?

Yes, RHV focuses investment in companies based in the Greater Philadelphia Area. We examine deals from New York to Washington D.C. and will look outside of the region on occasion.

How much does Robin Hood usually invest in a company?

Our initial investments generally range from $250,000 to $500,000. We invest up to  $1 million over the lifetime of a company. We syndicate with venture capitalists, institutions, and other angels in our network.

Does Robin Hood require a board seat?

We expect a board seat commensurate with the level of investment. In the cases where RHV does not receive a board seat, we generally receive a board observer seat.

Does Robin Hood offer loans?

RHV does not offer traditional loans, although we do invest in convertible notes with the intention of converting to equity at a future priced financing.

Does Robin Hood partake in KISS or SAFE agreements?

Our strong preference is preferred equity or series seed, followed by convertible notes. In specific situations, we’ve invested in SAFE agreements.

Does Robin Hood prefer NVCA documents?

Yes. National Venture Capital Association templates streamline the timeline of completing a deal, making information easily accessible. A full list of document templates from the NVCA can be found here.

Will Robin Hood Ventures sign a confidentiality agreement or NDA?

No, RHV will not sign a confidentiality agreement or NDA. Most angels and venture capitalists will not sign a non-disclosure agreement. Angel investors look at many similar deals, and NDAs confuse and complicate the investing process. Read Brad Feld’s explanation of “Why Most VC’s Don’t Sign NDAs.”

Does Robin Hood retain brokers?

Robin Hood Ventures does not retain agents or brokers, nor will we pay broker’s or finder’s fees in connection with deals brought to the group. It is our preference that no monies invested in a company be paid by the company to brokers, although exceptions for reasonable fees may be considered on a case-by-case basis, depending on the strength of the deal.

Do you have a question? Email info@robinhoodventures.com and your question may be featured on our FAQ page.