DanBAN-investorerne investerer typisk på et tidligt stadie i skalerbare startups med et godt team og stort potentiale. DanBAN har over 350 investorer, alle med forskellige investeringspræferencer. Vi anbefaler, at startups som minimum har en fungerende MVP, før det giver mening at ansøge.

Investors typically make investments after the founders, friends and family have financed the start-up themselves, and before or at the same time as the first venture capital round.

If you want to become a member of DanBAN, you must be able to meet one of these requirements: 

1. You have an investment framework of at least DKK 3 million which you intend to invest in startups; DanBAN is an association of active Business Angels and therefore one of your intentions with a membership should be that you want to build a portfolio of startup investments over time. You must therefore be able to document that you have at least DKK 3 million in investable equity in a 100% owned company (holding company), or in the form of private funds. If the documentation is not available in the CVR, we will ask for a statement from your bank or auditor confirming that the equity is present. Equity can be, for example, in the form of shares in listed companies or currency. If you are already an investor in one or more startups, these investments naturally also count in your investment framework of DKK 3 million.
   
   
2. DanBAN member survey: as a DanBAN member, you are obliged to participate in the annual analysis of investments made by DanBAN members. All data provided is treated in the strictest confidence. We work with a 100% response rate so that we can form a realistic picture of the investment activity within the network.
   
   
3. Compliance with ethical guidelines: we safeguard DanBAN's reputation, and have therefore adopted a set of ethical guidelines that follow EBAN, the European Network Organization's recommendations. All applicants must confirm that they will comply with the guidelines. Read the ethical guidelines here.

How much is invested is both a question of the individual business angel's risk appetite and of the capital needs of the respective company. However, most investments are around 100,000 - 250,000 DKK per angel, and a typical investment syndicate consists of an average of 6–10 business angels.

Most investments made via DanBAN's members are syndicated, which means that the interested investors typically set up a joint investment company (usually an ApS) in which the investors invest their capital. After this, it is the investment company that invests directly into the respective startup.

The investment company is typically subscribed for by 1–2 of the participating DanBAN investors. These are called active investors and are also the ones who represent the investors to the entrepreneurs from the start-up.

The other investors are most often passive investors; being passive has several advantages, including the fact that investors can better spread their risk on several exciting cases without having to spend the same amount of time on all of them. Likewise, entrepreneurs do not have to have an ongoing dialogue with all their investors, as it is the active investors who are responsible for keeping the passive investors informed about the company's operations and development.

We do not recommend specific types of investments, and we do not run a fund for DanBAN investors. Members of DanBAN make their own investment decisions and invest their own individual capital directly in startups. It is also up to the companies and investors themselves to structure any advisory cooperation or board relationship that they may find appropriate.

15.15: Check-in
15.30: Host post & welcome (location changes from time to time).
15.50: 3 pitches + Q&A
16.30: Break and network
17.00: 3 pitches + Q&A
17.30: Light refreshments, wine and network.

Note: all other startups that need to pitch are also present during your presentation.