- What is CBA?
- Do all applications from Entrepreneur Members get accepted on CBA?
- How many campaigns are currently running on CBA?
- How many startups received funding through CBA?
- Could CBA provide references?
- Despite the screening, why do some start-ups not get funded?
- How much funds can entrepreneurs raise on CBA during the 1 year membership?
CBA is a US corporation focused on connecting startup ecosystems around the world. CBA started as an Angel Group focused on cross border investments and has now evolved into building the world's largest startup ecosystem, with its membership-driven model for Angel Groups, VCs, Corporates and Startups. CBA scouts for market validated, co-investment opportunities across 40 global innovation hubs and offers its investors ecosystem comprising of 3000 plus Angels, VCs & Corporates to consider engaging with such startups by investing growth capital and/or market access collaboration.
No, all applications from Entrepreneur Members go through an exhaustive three layer screening process before they get accepted on CBA.
At any given point in time, we have about 20 active campaigns every month on our platform and these numbers are growing.
Please visit: www.crossborderangels.com/about to get more information about some of our featured investments. Our media coverage section provides information about the various start-ups that have been campaigned through CBA and covered by the global media on their investment round. Since CBA does not take a success fee, equity and / or carry, the scope of our work is limited to campaigning and introducing the interested investors from around the world to the appropriate start-ups. As of now, we do not track all transactions unless explicitly communicated by the parties or through the public media.
CBA receives about 75 plus applications every month from around the world. To ensure the startups that apply understand our ecosystem and value that they can generate, we share with them a very detailed FAQs. Also, we want to ensure that the start-ups that apply to CBA can also review the experiences of other startups that have gone through the platform and hence we've incorporated some detailed testimonials on our website from various startups around the world and we continue adding to these. All entrepreneurs are free to reach out directly to these founders but CBA is bound by confidentiality on one side and on the other, we believe that if our current and previous members start receiving requests from potential members for sharing their experiences at CBA, the members/former members would need to address at least 20 such requests every month, which is not fair for anyone involved. Hence, as a policy, we do not introduce other members directly but please feel free to contact any startup from our ecosystem that you may have come across through our website or the various media coverages we've received over the years.
The role of CBA is to screen high potential start-ups from around the world and campaign their investment proposition to the investor ecosystem globally. According to us, the definition of a high potential according to us is a start-up that (i) has achieved traction, (ii) market validation, (iii) customer adoption and (iv) preferably has co-investors interested to participate in the round. These attributes are suitable first level risk mitigating filters for global investors. Beyond these, there are multiple variables such as: pedigree of the founding team, maturity of the market, intensity of the competition, expectations in terms of valuation, exit strategy, etc. which come out during investor review and influence their interest levels.
There is no limit to the amount of funds entrepreneurs can raise on CBA during the validity of the membership. In fact, Entrepreneur members can revise their fund raise amount depending on the commitments received from investors, or any other reason. Such revision of fund raise amount would result in changes of documents, which have to be timely updated to the CBA Team.