The ACE Funds have successfully raised a third fund, and now have over $10 million under management. The funds have now racked up their ninety-first investment – fifty early stage companies and forty follow-up rounds. ACE Funds have so far placed over six and a half million new dollars to work supporting early stage businesses located throughout the United States.
Dave serves as Managing Director of the ACE Funds (Angel Capital Entrepreneur Funds) created by Dave and managed by Dave along with members of the Tech Coast Angels of Southern California.
Applicants do not apply directly to ACE, but to their local VC or angel group. ACE acts as a “side-car” fund, co-investing with recognized groups. For Southern California-based businesses, applications may be made directly to www.techcoastangels.com .