Investor profile

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Atlanta Technology Angels

Angel syndicate

Atlanta, GASoutheast USGeorgiaB2B SaaSFintechHealthtechEnterpriseAI/MLOther

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Investment thesis

Atlanta Technology Angels is a member-led, non-profit association of accredited angel investors founded in 1998, with a mission to build the Southeast's economy into a thriving center of technology and entrepreneurship. ATA invests $200K–$2M in top-tier early-stage technology companies — primarily in the greater Atlanta area and broader Southeast — providing not just capital but genuine partnership through mentorship, industry expertise, and valuable contacts. ATA targets technology-oriented businesses with the potential to scale rapidly and with capital efficiency, preferring companies at beta stage or beyond with initial revenue and demonstrated customer traction. The group does 6–8 deals per year, leading rounds of $300K–$750K via convertible notes, and also participates in angel deals or fills out priced rounds alongside a lead investor. Sectors of focus include software, fintech, healthtech, B2B SaaS, and other technology-driven verticals; the group generally does not invest in pharmaceuticals.

Notable quotes

There are more people in every deal than I've ever been before, just in smaller dollar amounts. So people are making much more sustainable investments based on data we have now.

Matthew May · Hypepotamus – 'Temperature Check: Angel Investing In 2023' · 2023

Team

Matthew May

President (former); Member / Co-founder of Acuity

B2B SaaSEnterprise

Chuck Herak

Member

Chris Everest

Board Member

FintechClimate

Elizabeth Woodcock

Member

Healthtech

Jesse Bockstedt

Member

Steven Lustig

Member

Recent investments

CompanyRoundSizeDate
LoupeSeed$3m2023-03-23
AperiomicsSeries A Extension$1m2020-12-10
MooveGuruSeries A$2m2019-11-04
OncoLensSeed$1m2019-03-26
GreenlightSeed
Florence HealthcareSeed
PartpicSeed
UserIQSeed
Oversight SystemsSeed
PreparisSeed

Frequent co-investors

VC firmDeals together
VentureSouth2
Central Texas Angel Network1
Pipeline Angels1
Goal Ventures1
Phoenix Capital Ventures1
Sound Media Ventures1

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