Electric City Angels Make First Investment

Electric City Angels Make First Investment

Angel Group Gaining Traction in Anderson

ANDERSON, S.C. – Electric City Angels, Anderson’s angel investor group that is part of the statewide South Carolina Angel Network (SCAN) is excited to announce that they have made their first investment. Electric City Angels met for the first time in March, has seen several promising companies pitch to its members, and has now funded its first investment.

The investment was in ActivEd, Inc., which was also funded by other SCAN groups over the summer. ActivEd develops online lessons to help schools teach required curriculum standards by incorporating“kinesthetic”  (movement-based) learning through its  “Walkabouts” learning platform. Based on the research of Furman University Professor Julian Reed, a leading authority on kinesthetic learning, ActivEd is already selling the “Walkabouts” platform to schools across the US, including schools in Anderson,from its headquarters here in the Upstate. Dr. Reed stated, “ActivEd is delighted to have investors from Anderson who are helping us expand the reach of our unique learning tool. Walkabouts will help schoolswith the ever-increasing pressure to improve educational outcomes, and we are  delighted to begin this process at home in South Carolina.”

Craig Kinley, e-City Angel Network founding memberstated, “We are delighted by the enthusiasm for angel investing here in the Anderson area. Our investors have participated in its first regional investment, which is a remarkable accomplishment in just a few short weeks.”

Angel investors are successful business and community leaders with diverse backgrounds that invest in and support high-growth entrepreneurs to make attractive financial returns and support the local business community.