Sara and David Russick

Founders

Gopher Angels

Categories

Year

Description

If you're looking to start a startup, receiving celestial seed money from a gathering of angels can seems like divine intervention. In 2012, Sara and David Russick, themselves startup veterans, founded Gopher Angels, a network of angel investors, to fund Minnesota-based startups. After recruiting nearly 50 members who each committed to investing $50,000, Gopher Angels has begun reaching out to non-Minnesota investors to inject more capital into the state's entrepreneurial ecosystem. The goal? To fill the gap in funding between venture capital ($5 million to $10 million and up) and traditional angel investing ($200,000 to $1 million).