Energy and Utilities Ranks Second for 2011 Angel Investing

The energy and utilities sector ranked ranked second (behind health care) in dollars invested in 2011 according to the Halo Report.  Of all dollars invested by angels and reported, energy and utilities  accounted for 27.2 percent.  The sector ranked sixth in total number of deals completed with 3.8 percent of the total of angel investments reported, reflecting the largest investment amount in a sector.

For angel investments overall, the Pacific Northwest had 7.2 percent of the total deals and 2.3 percent of total dollars reported.

The Angel Resource Institute, Silicon Valley Bank and CB Insights created the Halo Report.  The Halo Report includes aggregate analysis of investment activity by angels and angel groups and highlights trends in round sizes, location, and industry preferences.

The report has a sample of 573 deals, totaling $873.3 million. Find the report here.