Life Science Angels is a not-for-profit corporation with 130-150 accredited investor members, 12-18 highly qualified fellows, and 12-15 sponsor organizations. We take no carry or management fees on investments. We do not charge companies any fees. We write one check for each investment and sign one set of paperwork so we appear as a single investor on portfolio company capitalization tables.  The individual members who invest in a given company pool their investments through our LLC.  We prefer to be active investors and provide a board member or observer, or some other form of strategic or operational advisor.  We will invest in companies outside of our geographic area, but prefer to see those companies supported by a local angel group.