The North Texas Angel Network is part of a statewide angel investing collaboration that collectively poured more than $14 million into early-stage companies in its first year—and the Richardson-based group says the partnership is paying off for its members and the startups they back.

The Texas Syndication Network, launched in 2025, brought together 11 angel networks from across Texas with the goal of highlighting deal opportunities, sharing diligence, and generating additional capital for high-quality startups.

“The Texas Syndication Network has been a powerful vehicle to support deal flow and due diligence across our angel networks,” NTAN said on LinkedIn. “It’s a value-added benefit for our NTAN members and the startups our members invest in.”

Four angel groups operating in and around Texas—Austin-based Central Texas Angel Network (CTAN), NTAN in Richardson, Band of Angels from San Francisco with a significant Texas presence, and Albuquerque-based New Mexico Angels—collectively invested the $14 million-plus, demonstrating the depth of angel capital available in the region, the organization said.

Through the partnership, TSN helped generate an additional $1 million in follow-on investment into CTAN portfolio companies during its first year, the organization said.

A North Texas anchor in Texas angel investing

NTAN has been connecting early-stage companies with angel investors since 2008, making it one of the oldest and largest angel networks in the state. The nonprofit, member-led organization reviews investment opportunities across industries including medical devices, software and hardware technology, and construction innovation, according to the group.

The network surpassed 60 members in the first half of 2025, an important milestone that allows it to provide larger funding rounds for startups and ensures robust attendance at pitch events, Jeff Murphy, NTAN’s executive director, said in a June 2025 update to members. By midyear 2025, NTAN had invested over $850,000—well ahead of its 2024 pace, when it ended the year with $1 million in investments, according to the update.

The group’s activity has drawn outside recognition. NTAN board co-chair Ichan Stall shared on LinkedIn that the network was ranked in the Top 5 Most Active Angels in the Angel Network Pulse “First 101 Deals” report last fall, tied for second with four announced deals—Corganics, Finlete, Glidance Inc., and One Stop Wellness. The report was produced in partnership with the Angel Capital Association (ACA) and highlights data from 72 angel networks.

Over its 17-year history, NTAN members on their own have invested more than $14 million in startup organizations, primarily in the North Texas region, according to the group.

Recent NTAN-backed deals

NTAN members have been active investors in 2025. Among the deals:

One Stop Wellness: Fourteen NTAN members invested $300,000 in One Stop Wellness, a McKinney-based B Corp and McKinney Innovation Fund portfolio company that helps employers create healthier and more productive workplaces. The startup’s seed round totaled $300,000, according to Crunchbase. Romy Antoine, CEO and founder of One Stop Wellness, credited NTAN with more than just capital.

“Getting the investment from NTAN was a thorough process, but that’s because the angels are seasoned investors who take their time to choose the companies they back carefully,” Antoine said in an NTAN announcement. “NTAN is well known across Texas, so when I mention that we received funding from them, investors are more open to listening to my pitch. NTAN investors have been incredible. It’s more than funding—it’s a real support system.”

Corganics: Six NTAN members invested $105,000 in the Dallas-based clinical cannabinoid brand, which markets its products through physicians and hospital groups as an alternative to opioid medicines for pain management.

“Corganics’ goals inspired our NTAN members who invested,” said Tim Shroyer, an NTAN member, board member, and due diligence lead, at the time. “We’re excited to see the growth as the company works toward becoming the go-to source for safe, effective cannabinoid products.”

Glidance: Ten NTAN members invested $125,000 in Seattle-based Glidance, maker of Glide, which the company calls “the world’s first autonomous, self-guided mobility aid” for people who are blind or have low vision, according to an NTAN announcement in October 2025. NTAN invested alongside Cowtown Angels, according to the group’s LinkedIn.

“We’re excited to support the team at Glidance on their mission to empower people with vision challenges to live more independent lives,” said Randy Johanneck, an NTAN member and due diligence lead for the investment, in the announcement. Using AI and robotics, Glide “detects obstacles and steers smoothly, offering a simple, intuitive alternative to canes and guide dogs,” Johanneck said, noting the team includes veterans of Amazon, iRobot, Symbotic, GoogleX, and Microsoft.

Glidance founder and CEO Amos Miller, who lost his eyesight in his 20s, said NTAN understood the company’s broader mission from the start. “We better the lives of people who are blind not only through the power of robotics and AI, but by harnessing the deep desire in all of us to do so with impact, at scale,” Miller told NTAN.

PodUp: NTAN also participated in a $5.8 million raise for Rexburg, Idaho-based PodUp, an AI-powered podcasting platform that offers more than 50 tools for production, growth, and monetization, according to Crunchbase and the company. PodUp, founded by CEO Nathan Gwilliam, also achieved cash flow positive status in May 2025, the company said in announcing the raise.

Other notable investments from NTAN members also include Compression Works, Finlete, Fitnescity, Gardenuity, One Health Group, Providential Media, Shower Stream, and Skribe.ai, according to the group.

A statewide model for angel collaboration

TSN’s organizers say the network is designed to make fundraising more efficient for founders across the state.

“The Texas Syndication Network was designed to make it easier for founders to access capital without having to navigate each angel group independently,” Katie Russel, executive director of CTAN, said in a statement. “By creating a shared entry point for top deals, we’re seeing more efficient fundraising and stronger outcomes for both founders and investors.”

For founders, TSN offers a streamlined method of raising capital by presenting once and gaining exposure to multiple angel groups at the same time. Companies that resonate with one network often draw interest from others, boosting the likelihood of larger rounds and faster closes, the organization said.

“The strength of Texas innovation doesn’t sit in one city—it spans the entire state,” said Gary Forni, chairman of the Central Texas Angel Network, in a statement. “By collaborating through the Texas Syndication Network, we’re increasing the velocity of capital, improving due diligence through shared expertise, and giving founders access to a broader base of experienced investors. This is exactly how angel networks should work together.”

Building on the success of its first year, the Texas Syndication Network said it plans to continue expanding collaboration among angel groups and raising more capital for early-stage companies across Texas and neighboring states.

Sandra Engelland contributed to this report.

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