$36M
Capital Injected By Member/Investors
17
Companies Funded
100+
Members
60%
Members Made Investment
OUR FOCUS
757 Angels seeks to provide risk adjusted returns for its members and investors and to catalyze the economy. 757 Angels is a select network of over 100 business and community leaders in the Hampton Roads region, who provide investment capital, strategic advice and mentoring to selected startup and early stage companies to help them achieve market leadership. 757 Angels seeks dealflow from the Commonwealth of Virginia.
OUR MISSION
757 Angels mission is two-fold:
- To help grow and diversify the economy by supporting promising new and early stage companies.
- To provide 757 Angel Members a risk-adjusted financial return on their investment capital.
- Partners in the Commonwealth
THE NEED
THE CASE FOR CHANGE
- Virginia had the third slowest growth rate in the country in 2013 with 30,000 fewer jobs than 2007.
- 41% of the Hampton Roads economy is dependent on military spending with the potential of further sequestration cuts.
- Hampton Roads is ranked 302 out of 382 metropolitan areas in employment growth since the end of the “Great Recession”.
THE RESPONSE
GROW JOBS AND DIVERSIFY THE ECONOMY
With a stated goal to enhance regional economic competitiveness, the Hampton Roads Community Foundation began a multi-phase process in 2013. The first phase was the establishment of four study groups to do a deeper dive into critical ingredients to a stronger regional economy including entrepreneurship, workforce development, clusters and leadership.
The Entrepreneurship Study Group’s mission was to develop implementable initiatives that will lead to a stronger and more supportive entrepreneurial environment for starting and growing businesses in Hampton Roads.
757 Angels Making an Impact
Our Team
757 Angels is staffed by a highly-experienced Executive Director capable of vetting local potential investment opportunities and selecting quality companies to present to our Members. The Executive Director’s and her assistant’s work may be supplemented with free intern labor provided by regional colleges and universities.
MONIQUE SURY ADAMS, EXECUTIVE DIRECTOR
Monique Sury Adams – As Executive Director, Monique worked with the Board to launch 757 Angels. Since launching in 2015, 757 Angels has grown to one of the larger angel groups in the country with over 100 members/investors and injected over $30 Million of capital into startup and early stage companies. Through 757 Angels’ regional platform, Monique has leadership roles in building and strengthening the entrepreneurial ecosystem.
Monique has an extensive financial services background with senior finance positions at both the predecessors of Bank of America in Norfolk and JP Morgan Chase in New York City and Los Angeles. Monique’s educational background includes an undergraduate Business degree from the University of Southern California. Monique resides in Virginia Beach with her husband Scott and 2 daughters.
OUR BOARD
John Paris – Chairman
Partner & Chair of Private Equity Group
Williams Mullen
John Paris
Chairman
I am one of two co-founders of 757 Angels, the first successful angel group in Hampton Roads and of the JA/Hampton Roads Business Hall of Fame. I’ve been married to the best and smartest person I know for 32 years and coached my three boys and their friends in sports and in life for 26 years.
Paul DiNardo – Vice Chairman
Partner
Wall, Einhorn & Chernitzer, PC
Paul DiNardo
Vice Chairman
Tax expert specializing in Exit Planning, business merger, acquisitions and financing; corporate and partnership taxation; manufacturing, retail and distribution; taxation of real estate transactions.
Paul Hirschbiel – Treasurer
President
Eden Captial & Vice Chairman – The Memory Center
Paul Hirschbiel
Treasurer
Experience:
Chairman
757 Angels
2015 – 2015
Founding Chair
Smart Beginnings South Hampton Roads
2006 – 2011
Matt Brady
Tax Partner
Cherry Bekaert LLP
Matt Brady
Tax Partner, Cherry Bekaert LLP
I am a proven leader with 12+ years of experience assisting growth companies with income tax planning and compliance needs. My experience includes time with a Big Four firm and with a SEC registrant which provides me a unique understanding of challenges companies face both internally and externally. In addition to Federal income tax compliance, my focus includes Accounting for Income Taxes (ASC 740), Multi-State tax planning and credits & incentives including R&D tax credit and Domestic Production Activities Deduction (DPAD).
Anne Conner
President of Public Finance &
Community Investment
Towne Bank
Anne Conner
President of Public Finance & Community Investment, Towne Bank
Experience:
Member, Board of Directors
757 Angels
2015 – Present
Chairman of the Board
ivWatch, LLC
December 2010 – Present
One of the most exciting medical innovations in modern history…stay tuned!
President / Public Finance and Community Investment
TowneBank
February 2005 – Present
Senior Vice President
Bank of America
July 1986 – August 2004
Taylor Grant
Founder & Managing Partner
Fox Three Partners
Taylor Grant
Founder & Managing Partner, Fox Three Partners
We are looking to acquire well-established, profitable companies with at least $750k in EBITDA. If you own a business and would like to sell it due to retirement, diversification or other reason, Fox Three Partners might be the buyer you’re looking for.
Owen Griffin
Managing Partner
Madison Hill Partners
Owen Griffin
Managing Partner, Madison Hill Partners
We are interested in buying privately-held, small to medium-sized businesses. If you would like to discuss selling your business, please visit www.MadisonHillPartners.com. We welcome the opportunity to provide you with a relatively quick indication of our interest as well as our preliminary thoughts on valuation and deal structure.
Nancy L. Grden, MRP, MBA
Executive Director
Strome Entrepreneurial Center
Old Dominion University
Nancy L. Grden, MRP, MBA
Strome Entrepreneurial Center, Old Dominion University
Nancy is the first Executive Director of the Strome Entrepreneurial Center at Old Dominion University. She has an extensive background in entrepreneurship, development, and marketing across several business sectors and the public sector.
Dave Levin, MD
Chief Medical Officer
Sansoro Health
Dave Levin, MD
Chief Medical Officer at Sansoro Health
David Levin, MD is a physician executive with over 25 years of experience in healthcare information systems, clinical operations and enterprise strategic planning. Prior to joining Sansoro, he served as Chief Medical Information Officer (CMIO) for the Cleveland Clinic Health System (CCHS), where he led the Clinical Systems Office.
Andria McClellan
City Councilwoman
Norfolk, VA
Andria McClellan
City Councilwoman
Norfolk, VA
Andria played a leading role in two start-up ventures where she developed a personal understanding of the challenges faced by small businesses. It was her leadership in these positions that led to her appointment, by then Governor Mark Warner, to Chairman of the Virginia’s Small Business Advisory Board.
Charles V. McPhillips
Partner & Executive Vice President of Practice Management
Kaufman & Canoles
Charles V. McPhillips
Partner & Executive Vice President of Practice Management, Kaufman & Canoles
Chuck practices business law at Kaufman & Canoles, P.C., where he serves on the firm’s Executive and Compensation Committees. His law practice emphasizes mergers and acquisitions, corporate financings, public-private partnerships and international business transactions.
Thanos Polizos
Founder & CEO
ODU Rent
Thanos Polizos
Founder & CEO at ODU Rent
Thanos Polizos is a founder and President of ODUrent, a real estate investment firm providing off campus housing to students of Old Dominion University. He patiently bootstrapped and renovated over 100 perimeter properties, housing 900+ students. He also acquired and renovated 5 apartment complexes with 250 units, 5 small condo conversion projects and a 295 self-storage facility.
Jonathan Reed
Partner
Envest Capital Partners
Jonathan Reed
Partner, Envest Capital Partners
Experience:
Partner
Kaufman & Canoles, PC
August 2004 – Present
Associate
Dewey Ballantine LLP
September 2001 – November 2003
Gary Warren
President & CEO
ivWatch
Gary Warren
President & CEO, ivWatch
So here’s the deal.. I used to have a bunch of “strategic words” here but it sounded like I was trying to impress some girl to take to prom. The real deal is I started off my career poor as a skunk and alternated working a semester at NASA as an intern and going to school to get my engineering degree. I’ve lived in 3 trailers and owned 3 Chevettes before the age of 25. I finally moved out of the trailer park and bought a real car and worked at NASA 14 years. Almost ended up back in a trailer after I started a company with a team of people.
G. Randolph Webb
President/CEO
Signature Family Wealth Advisors
G. Randolph Webb
President/CEO, Signature Family Wealth Advisors
G. Randolph Webb, Jr., is CEO and President of Signature, in charge of the firm’s strategy and business development. Prior to joining Signature, Randy was with Bank of America for 18 years. His tenure at Bank of America culminated in the position of Managing Director of the bank’s mid-cap investment banking group, with responsibility for building and co-managing the east coast team.
John Wynne, Jr.
President
Fortis Solutions Group
John Wynne, Jr.
President, Fortis Solutions Group
At Fortis Solutions Group, we provide a differentiated approach giving our customers a powerful advantage in the marketplace through industry leading lead times, quality control, color management and solutions oriented approaches. We deliver a breadth of product offerings utilizing our outstanding flexographic and digital printing capabilities.
EMERITUS
David Wolfe
CEO, Leesa
Experience:
Co-Founder and CEO
Leesa Sleep
June 2014 – Present
On-Line Mattress Company
Co-Founder and Chairman
BrandJourney | Innovation, Technology, Design & Ventures (Formerly Journey 9, LLC)
May 2004 – Present
Holding Company with 3 business groups all focused on marketing new ideas. Venturing, Marketing Services and Proprietary Technologies
Co-Founder and Member of Investment Committee
Envest Ventures
March 2000 – Present
With 3 funds fully vested, I sold my interest in the management company back to the 2 General Partners and will continue to provide input as needed as a member of the investment committee as the value is realized from funds 2 and 3.
Hampton Wall
President & CEO
Perfect Commerce
Hampton Wall
President & CEO, Perfect Commerce
Effective CEO, turn around skills, M&A experience, team building, financial and operational proficiency, strength in sales, marketing and business development.
757 Angels Funded Companies
