Angel Tax Credit

Connecticut Innovations administers the Angel Investor Tax Credit Program, which allows angels an opportunity to receive a tax credit by investing in a qualified Connecticut business.

You can participate in the Angel Investor Tax Credit Program if you meet the definition of an accredited investor, or a network of accredited investors. Your investment of $25,000 to $2,000,000 qualifies you for a 25 percent credit on your state income tax. To be eligible, you must invest in a Qualified Connecticut Business (QCB). (See the list of QCBs here.)

To obtain the necessary application forms, go to https://ctinnovations.com/investors/angel-investors/.

QCBs Printable List

Connecticut Innovations administers the Angel Investor Tax Credit Program, which provides companies with another way to incentivize angels to invest in their companies.

Seed capital can be difficult to raise. Angels meet that need: They are willing to invest in startups in exchange for an equity share of the business. CI administers the state’s Angel Investor Tax Credit Program, which gives angels a credit against Connecticut’s state income tax when they invest at least $25,000 in qualifying businesses. If you qualify, your business will be listed on our website so that angels looking to invest can find your startup. The program cap is $20 million in investments for fiscal year ending June 30.

Qualified Connecticut Business Application

Printable List
‘Merican Mule
96 East Ave, New Canaan, CT
Contact:
Dean Mahoney
dean@mericanmule.com
562-355-8550
Business Activity: Other
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,500,000
Type of Qualified Security: Common Stock, General Partnership Interest, Limited Partnership Interest, Preferred Stock, SAFE
Allyx Therapeutics, Inc.
35R Catherine Drive, Durham, CT 06422
Contact:
Stephen M. Strittmatter
stephen.strittmatter@yale.edu
203-530-7208
Business Activity: Bioscience
Investment Sought: $250,000
Minimum Investment: $25,000
Maximum_investment: $250,000
Type of Qualified Security: Convertible Note
Bactana Corp.
400 Farmington Ave, Farmington, CT 06032
Contact:
John A. Kallassy, CEO
john@bactana.com
203-716-1230
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Convertible Debt, Preferred Stock
Beeotto, LLC
24 Brock Street, North Haven, CT 06473
Contact:
Robert M. Errato
boberrato@gmail.com
203-494-5141
Business Activity: Other
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,500,000
Type of Qualified Security: Class B Unit Owner LLC
Bofill Strauss
700 Canal Street, Stamford, CT, USA
Contact:
Steven Bofill
sbofill@bofillstrauss.com
516-361-9751
Business Activity: Other
Investment Sought: $250,000
Minimum Investment: $25,000
Maximum_investment: $250,000
Type of Qualified Security: Common Stock, Preferred Stock
Bonde Innovations, LLC
14 Lacey Road, Bethany, CT, USA
Contact:
Michael Theran
mtheran@corismacv.com
203-506-5025
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Preferred Stock
Business Networks Research, LLC
Contact:
Christopher Woods
chris@whoworkswith.me
203-216-6894
Business Activity: Information Technology
Investment Sought: $1,435,000
Minimum Investment: $25,000
Maximum_investment: $1,435,000
Type of Qualified Security: Limited Partnership Interest
CoreChain Technologies, Inc.
70 Ledgewood Drive, Weston, CT 06883
Contact:
Chris Aguas, CEO
chris@corechainb2b.com
203-227-8015
Business Activity: Information Technology
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $2,000,000
Type of Qualified Security: Convertible Debt, Preferred Stock
Crunched, Inc.
388 East Main St, Unit 23R, Branford, CT 06405
Contact:
Christopher Reims
creims@crunched.io
617-960-0778
Business Activity: Information Technology
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Convertible Debt, Preferred Stock
Cytosolix, Inc.
97 Robbie Road, Tolland, CT, USA
Contact:
John C. Deacon
John@Cytosolix.com
510-691-9533
Business Activity: Bioscience
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock, Convertible Debt, Prefererd Stock
CytoVeris, Inc.
400 Farmington Ave, Farmington, CT 06032
Contact:
Alan D. Kersey
akersey@cytoveris.com
860-657-6947
Business Activity: Biosciences
Investment Sought: $1,900,000
Minimum Investment: $25,000
Maximum_investment: $600,000
Type of Qualified Security: Preferred Stock
db Diagnostics, Inc.
17 Sachem Road, Weston, CT 06611
Contact:
Steven B. Levine
slevine@dbdsys.com
203-404-3200
Business Activity: Bioscience
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Convertible Debt
DICOM Director, LLC
40 James Street, Suite 12, New Haven, CT, USA
Contact:
David Pearlstone
David.pearlstone@dicomdirector.com
203-507-2651
Business Activity: Information Technology
Investment Sought: $250,000
Minimum Investment: $25,000
Maximum_investment: $350,000
Type of Qualified Security: Convertible Debt
Did U Remember To LLC
52 Lanard Rd, Stamford, CT 06902
Contact:
Robert Unnold
runnold@DidURememberTo.com
203-359-8641
Business Activity: Information Technology
Investment Sought: $600,000
Minimum Investment: $25,000
Maximum_investment: $600,000
Type of Qualified Security: Limited Partnership Interest
Enrich Therapeutics
93 Shennecossett Rd, Groton, CT 06340
Contact:
Dong Wang
investors@enrichtx.com
203-687-7537
Business Activity: Bioscience
Investment Sought: $75,000
Minimum Investment: $25,000
Maximum_investment: $75,000
Type of Qualified Security: Convertible Debt
Enviro Power, LLC
66 Fort Point St, Norwalk, CT 06855, USA
Contact:
Michael Cocuzza
mcocuzza@enviropower.com
860-206-2104
Business Activity: Clean Technology
Investment Sought: $400,000
Minimum Investment: $25,000
Maximum_investment: $100,000
Type of Qualified Security: Convertible Debt
EvolveImmune Therapeutics Holding Company LLC c/o Canaan Partners
285 Riverside Avenue, Westport, CT 06880
Contact:
Stephen Bloch
Stephen.bloch@evolveimmune.com
203-858-7389
Business Activity: Bioscience
Investment Sought: $250,000,000
Minimum Investment: $25,000
Maximum_investment: $250,000
Type of Qualified Security: Preferred Stock
Fintron Invest, LLC
3135 Easton Turnpike, Fairfield, CT 06825
Contact:
Wilder Rumpf
Wilder@fintroninvest.com
845-559-7092
Business Activity: Other
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Equity
Fitscript, LLC
5 Science Park, New Haven, CT 06511
Contact:
Matt Walton
matt.walton@fitscript.com
203-680-3535
Business Activity: Information Technology
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $2,000,000
Type of Qualified Security: Convertible Debt
Fracxion Software LLC
1771 Post Road East 186, Westport, CT 06880
Contact:
Frank Festini
frank@fracxion.com
203-256-8235
Business Activity: Information Technology
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Common Stock, General Partnership Interest, Limited Partnership Interest
futuresThrive LTD
11 Stanley Drive, Darien, CT 06820
Contact:
Wendy Ward
wendybward@gmail.com
203-829-5676
Business Activity: Bioscience
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $2,000,000
Type of Qualified Security: Preferred Stock
Gemshelf Inc.
175 Atlantic Street, Stamford, CT 06901
Contact:
Colin Kennedy
colin@shelf.io
201-207-7205
Business Activity: Information Technology
Investment Sought: $875,000
Minimum Investment: $25,000
Maximum_investment: $875,000
Type of Qualified Security: Convertible Debt, Prefererd Stock
Halda Therapeutics, LLC
23 Business Park Drive, Branford, CT 06405
Contact:
Scott Phillips
scott.phillips@haldathera.com
860-655-8653
Business Activity: Bioscience
Investment Sought: $650,000
Minimum Investment: $25,000
Maximum_investment: $650,000
Type of Qualified Security: Preferred Stock
Inkwell
37 Lockwood Dr, Greenwich, CT 06870
Contact:
Manon DeFelice
manon@inkwell.co
781-608-3700
Business Activity: Other
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Common Units
Kinaptic, LLC
30 Renees Way, Madison, CT 06443, USA
Contact:
John Daniels
john.daniels@kinaptic.com
860-424-1228
Business Activity: Bioscience
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Limited Partnership Interest
LambdaVision Incorporated
400 Farmington Ave Farmington, CT 06030
Contact:
Nicole Wagner
nicole.wagner508@gmail.com
860-679-2558
Business Activity: Bioscience
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $250,000
Type of Qualified Security: Common Stock, Preferred Stock
Landsdowne Labs LLC
1073 N. Benson Road, Fairfield, CT 06824
Contact:
Melissa Fensterstock
melissa@landsdownelabs.com
201-370-7591
Business Activity: Bioscience
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Prefererd Stock
Lumeda, Inc.
101 Hammer Mill Road, Rocky Hill, CT 06067
Contact:
Trevor MacDougall
trevorm@lumedainc.com
860-982-9588
Business Activity: Bioscience
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $2,000,000
Type of Qualified Security: Preferred Stock
Mitchell Woods Pharmaceuticals, LLC
Four Corporate Drive, Ste 287 Shelton, CT 06484
Contact:
Mark Farber, CEO
markfarber@mitchellwoods.com
203-258-1035
Business Activity: Bioscience
Investment Sought: $1,150,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
My Gene Counsel, LLC
PO Box 612, Branford, CT 06405
Contact:
Ellen Matloff, President
ellen@mygenecounsel.com
203-314-2532
Business Activity: Bioscience
Investment Sought: $1,200,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
NeuralFrame, Inc.
2 Greenwich Office Park West, Ste 300, Greenwich, CT 06831
Contact:
Kevin Scanlon
Kevin.scanlon@neuralframe.com
203-826-2900
Business Activity: Bioscience
Investment Sought: $1,999,999
Minimum Investment: $25,000
Maximum_investment: $1,999,999
Type of Qualified Security: Preferred Stock
Nucleus 195, LLC
68 Southfield Ave, Stamford, CT
Contact:
Mehdi Sunderji
mehdi.sunderji@nucleus195.com
203-520-6148
Business Activity: Information Technology
Investment Sought: $1,170,000
Minimum Investment: $25,000
Maximum_investment: $1,170,000
Type of Qualified Security: Common Stock
OdinText
154 Cold Spring Road, Stamford, CT 06905
Contact:
Jennifer Cristo
Jennifer@odintext.com
888-891-3115
Business Activity: Other
Investment Sought: $1,300,000
Minimum Investment: $25,000
Maximum_investment: $1,300,000
Type of Qualified Security: Preferred Stock
OmniCyte, LLC
Contact:
Peter Leonardi, CEO
peter.leonardi@omnicyte.com
917-439-7479
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
Oui Therapeutics
4 Science Park, New Haven, CT 06511
Contact:
Seth Feuerstein
seth@ouitherapeutics.com
203-927-0971
Business Activity: Bioscience
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,500,000
Type of Qualified Security: Convertible Preferred Note
Petmasters LLC
285 Fairfield Ave, Bridgeport, CT 06604
Contact:
Michael Caldwell
mcaldwell@petmasters.com
203-450-6597
Business Activity: Information Technology
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Common Stock
Phlatbed Inc.
66 Fort Point Street, Norwalk, CT 06855
Contact:
Alani Kuye
alani.kuye@phlatbed.com
203-424-1048
Business Activity: Information Technology
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Common Stock
PiC20 Group, LLC (Trade name Ranger Ready Repellents)
87 Water Street Norwalk, CT
Contact:
Chris L. Fuentes
Chris@PiC-20.com
203-409-1803
Business Activity: Bioscience
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $750,000
Type of Qualified Security: LLC Interest
Propria LLC
9 Business Park Drive, Branford, CT 06443
Contact:
Stephanie Jacoby
Stephanie.jacoby@PropriaBio.com
475-221-8634
Business Activity: Bioscience
Investment Sought: $1,800,000
Minimum Investment: $25,000
Maximum_investment: $1,800,000
Type of Qualified Security: Common Stock
ProteoWise
34 Bryan Rd, Branford, CT 06443
Contact:
Erik Gunther
erik.gunther@yale.edu
203-430-4187
Business Activity: Bioscience
Investment Sought: $1,380,000
Minimum Investment: $25,000
Maximum_investment: $1,380,000
Type of Qualified Security: Preferred Stock
Protos Biologics, Inc.
38 Old Sherman Hill Road, Woodbury, CT, USA
Contact:
Daniel Caron
dcaron@protosbio.com
203-623-2971
Business Activity: Bioscience
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Convertible Debt
Quercus Molecular Design, LLC
400 Farmington Ave, Farmington, CT 06032
Contact:
Lee Wright, CEO
lwright@quercusmoleculardesign.com
415-902-3256
Business Activity: Bioscience
Investment Sought: $250,000
Minimum Investment: $25,000
Maximum_investment: $250,000
Type of Qualified Security: Profit Interest Units
Quigler, Inc.
3580 Main St, Hartford, CT 06120
Contact:
Dan Nadav
DNadav@enviropowertec.com
203-570-5477
Business Activity: Information Technology
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $750,000
Type of Qualified Security: Prefererd Stock
Quiver Spirits, LLC
70 North Beacon Street, Hartford, CT 06105
Contact:
Tomas Nenortas
quiver@quiverspirits.com
860-543-2519
Business Activity: Liquor Industry
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $450,000
Type of Qualified Security: Limited Partnership Units
Rallybio Holdings, LLC
234 Church Street Suite, 1020 New Haven, CT 06510
Contact:
Jeff Fryer
jfryer@rallybio.com
203-859-3820
Business Activity: Bioscience
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Preferred Stock
Real Grader, Inc.
1010 Washington Blvd, Stamford, CT 06901
Contact:
Daniel Radu
dan@realgrader.com
203-247-3697
Business Activity: Information Technology
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Convertible Note, SAFE
Revamp Consortium
339 Greene Street New Haven, CT 06511
Contact:
Olamide Adeniyi
Olamide.adeniyi@revampconsortium.com
832-446-8642
Business Activity: Information Technology
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock, Preferred Stock
RevMedica, Inc.
Contact:
Thomas Wenchell
tom@revmedica.com
203-722-8381
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Preferred Stock
Rewirement Media, LLC
140 Rochela Drive, Southington, CT 06489
Contact:
Mike Boissonneault
mikeboissy@rewirementmedia.com
860-919-8147
Business Activity: Information Technology
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
Rindle, LLC
3 Richards Avenue, Norwalk, CT 06854
Contact:
Brian Faust, CEO
brian@rindle.com
551-482-2037
Business Activity: Information Technology
Investment Sought: $1,917,867
Minimum Investment: $25,000
Maximum_investment: $1,917,867
Type of Qualified Security: Prefererd Stock
Sarah Easley dba Maison Marche
467 Laurel Road New Canaan, CT 06840
Contact:
Sarah Easley
sarah@saraheasley.com
917-562-7418
Business Activity: Other
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
Savkar, Inc.
400 Farmington Ave, Farmington, CT 06032
Contact:
Amit Savkar
amit.savkar@uconn.edu
860-985-2239
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock, Preferred Stock, SAFE, Convertible Stock
SchoolSuite, LLC
470 James Street, New Haven, CT 06513
Contact:
Hilary Mueller
hilary@schoolsuitesoftware.com
800-671-1905
Business Activity: Information Technology
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,500,000
Type of Qualified Security: Limited Partnership Interest
Service Insight, LLC
50 Mungertown Road, #18, Madison, CT 06443
Contact:
Anthony Uzzo
anthony@serviceinsight.io
203-687-8670
Business Activity: Information Technology
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock
Shop Tomorrows (Relovd, Inc.)
1969 Post Rd, East, Westport, CT 06880
Contact:
Haley Lieberman
Haley@Relovd.com
917-734-2950
Business Activity: Information Technology
Investment Sought: $225,000
Minimum Investment: $25,000
Maximum_investment: $225,000
Type of Qualified Security: Convertible Note
Shoreline Biome
Contact:
Thomas Jarvie
thomas.jarvie@shorelinebiome.com
203-619-4083
Business Activity: Bioscience
Investment Sought: $1,000,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Prefererd Stock
Suretys LLC
365 Bellevue Road, New Haven, CT, USA
Contact:
Josh Minsky
josh@suretys.com
347-405-1292
Business Activity: Information Technology
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Common Stock, Preferred Stock
Tastes Natural, LLC
57 North Street, Ste 216, Danbury, CT 06810
Contact:
Henry Schaffer
hschaffer@tastesnatural.com
203-942-2688
Business Activity: Other
Investment Sought: $800,000
Minimum Investment: $25,000
Maximum_investment: $800,000
Type of Qualified Security: Convertible Note
TecKnow, LLC
12 Elm Street, Westport, CT, USA
Contact:
Mike Peroni
mike@tecknow.me
203-832-5669
Business Activity: Clean Technology
Investment Sought: $200,000
Minimum Investment: $25,000
Maximum_investment: $200,000
Type of Qualified Security: Common Stock, Preferred Stock, Options/Warrants
The Feel Good Lab, LLC
470 James Street #007, New Haven, CT 06513
Contact:
Kyle Fitzpatrick
kyle@thefeelgoodlab.com
310-795-9936
Business Activity: Bioscience
Investment Sought: $150,000
Minimum Investment: $25,000
Maximum_investment: $150,000
Type of Qualified Security: Limited Partnership Interest
The Hangout Spot, LLC
9 Thames Street, Norwalk, CT 06851
Contact:
Meghan Cave
Meghan.m.cave@gmail.com
203-273-0503
Business Activity: Other
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: SAFE
Torigen Pharmaceuticals, Inc.
400 Farmington Ave Farmington, CT 06032
Contact:
Ashley Kalinauskas
a.kalinauskas@vetivax.com
860-519-9956
Business Activity: Bioscience
Investment Sought: $1,250,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Preferred Stock, Convertible Debt
Unisoft Medical Corporation
65 New Litchfield Street, Torrington, CT 06790, USA
Contact:
Stacey duBell Mileti
smileti@unisoftmedical.com
860-307-8734
Business Activity: Bioscience
Investment Sought: $1,150,000
Minimum Investment: $50,000
Maximum_investment: $1,000,000
Type of Qualified Security: SAFE
Upright Oats
1199 Whitney Ave, Hamden, New Haven, CT, USA
Contact:
Thu Ra
Thu.ra@yale.edu
319-300-4473
Business Activity: Other
Investment Sought: $500,000
Minimum Investment: $25,000
Maximum_investment: $500,000
Type of Qualified Security: Limited Partnership Interest
Wattifi
30 Sebeth Drive, Cromwell, CT 06416
Contact:
Erik Bartone
Erik.bartone@wattifi.com
860-828-8700
Business Activity: Other
Investment Sought: $1,750,000
Minimum Investment: $25,000
Maximum_investment: $1,750,000
Type of Qualified Security: Common Stock
Westport Renewables, LLC
30 Post Road East, 2nd Fl, Westport, CT 06880
Contact:
Roop Bhullar
rbhullar@dwell.co
917-226-0316
Business Activity: Information Technology
Investment Sought: $2,000,000
Minimum Investment: $25,000
Maximum_investment: $2,000,000
Type of Qualified Security: Membership Units
Xborders
District, 470 James Street, New Haven, CT 06513
Contact:
Glen Levin
glevin@xborders.com
203-246-9656
Business Activity: Information Technology
Investment Sought: $1,200,000
Minimum Investment: $25,000
Maximum_investment: $1,200,000
Type of Qualified Security: Convertible Note
Zatoichi Co
335 Atlantic Street, Suite 21R, Stamford, CT 06901
Contact:
David Noble
avid@gunclear.io
336-772-3358
Business Activity: Information Technology
Investment Sought: $1,500,000
Minimum Investment: $25,000
Maximum_investment: $1,500,000
Type of Qualified Security: Common Stock, Convertible Debt, Preferred Stock
Zorus, Inc.
887 Main Street, Monroe, CT 06468
Contact:
Najaf Raza, COO
nraza@zorustech.com
888-428-2343
Business Activity: Information Technology
Investment Sought: $750,000
Minimum Investment: $25,000
Maximum_investment: $1,000,000
Type of Qualified Security: Convertible Debt

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