About
threeDegrees is an online angel investment platform for professional business networks. We provide startups and investors from top-tier business schools and employers an alternative to anonymous crowdfunding sites and slow-moving local angel groups. Rather than screening businesses through an expensive vetting process, we rely on the rigorous selection procedures of elite schools and employers to ensure the quality of our users. The result is a convenient, members-only site to manage a fundraising round: from screening through due diligence and commitment of capital. We've built a prototype and launched a closed beta on November 5th. While our numbers are small (we only invited 5 companies to participate), user acquisition metrics are off the charts.To sign up investors, we ask startups to invite members of their own professional networks. Our first wave of 364 invitations generated email open rates of ~60% and signup rates of ~20%.