CAV Angels is a non-profit angel investor and educational network based in Charlottesville, Virginia, connecting high-potential startups with strong University of Virginia ties to a network of UVA-affiliated accredited investors. Since its founding in 2015, the group has invested over $26 million in early-stage companies across sectors including digital health, AI, SaaS, and fintech.
Their most common stage is seed (40% of deals). Average disclosed round size is $3.0M (across 9 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
RD
Rich Diemer
Managing Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Luminoah | Series A | $6M | Jun 2023 |
 CarpeDM | Pre-Seed | $1M | Sep 2022 |
 Astraea | Series A | $6.5M | Jul 2022 |
 Brandefy | Unknown | $1.7M | Aug 2021 |
 Slate Bio, Inc. | Seed | $1.8M | Jan 2021 |
 Micronic Technologies | Seed | $3M | Jan 2019 |
 Avant Genomics | Unknown | $3M | — |
| HHardshell | Pre-Seed | $1.1M | — |
 Springbok Analytics | Seed | $3M | — |
| Astraea | Seed | — | — |
Top Co-Investors
Y Combinator2 shared
Virginia Venture Partners2 shared
Insignia Ventures Partners2 shared
The Community Fund1 shared
gener8tor1 shared
CIT GAP Funds1 shared
TitletownTech1 shared
VTC Ventures1 shared
private angel investors1 shared
Mojo Partners1 shared
Front Porch Venture Partners1 shared
Techstars1 shared
Gaingels1 shared
Forefront Venture Partners1 shared
Elevate Ventures1 shared
Pipeline Angels1 shared
Epidarex Capital1 shared
Alumni Ventures1 shared
Sands Capital1 shared
Last updated: 19 September 2026