How do startups get funded in San Antonio?
Juan ‘Sebastian’ Garzon, managing partner at Alamo Angels, answers that question in the latest episode of the bigcitysmalltown podcast with host Bob Rivard.
Garzon outlined the process local angel investors use to find and fund burgeoning businesses in San Antonio. Angel investors are early stage investors who put their own money into new businesses that may be too young or too risky for typical bank loans.
“They are companies that are early in their journey, but they already have something going on. A lot of them have some sort of traction,” Garzon said.
Alamo Angels started in 2017, rebranded in 2018 and relaunched in 2020. The nonprofit has facilitated $750 million in funding in that time and expanded its reach to startups in South Texas