The Angels' Forum LLC is a venture capital firm specializing in investments in seed and early stage companies. It primarily invests in disruptive technologies with a focus on high-technology, life sciences, retailing, and other areas. The firm typically invests in companies headquartered in Northern California with a focus on Silicon Valley and Bay area. It initially invests between $100,000 and $1 million in its portfolio company and total investments can reach up to $3 million. The firm prefers to take a board seat in its portfolio company or seeks observation rights. It typically invests in companies seeking series A financing and follows on with a B and C round investments in its existing portfolio companies. The firm can also co-invest with other venture capital or angel investors. The Angels' Forum LLC was founded in 1997 by Ms. Carol Sands and is based in Palo Alto, California.