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09.10.14 – Hayward to have investor office hours at Energy & Clean Technology Venture Forum

Houston, TX — Sep 10, 2014 Cornerstone Co-Founder Larry Hayward will be participating at the Energy & Clean Technology Venture Forum on Thursday, September 11. As part of the program he will also be holding office hours on September 10 from 2:30pm to 5:00pm. All of the events are held at the Jones Graduate School of Business at Rice University at McNair Hall in Houston, Texas.

The Rice Alliance’s 12th Annual Energy and Clean Technology Venture Forum on September 11, 2014 is the largest energy and clean technology venture capital conference in the southwest.This event represents an opportunity to learn about the latest emerging technologies, meet investors to seek funding, see promising companies, learn about investment opportunities, meet individuals from the energy & clean technology industry, learn about promising companies seeking to expand their management team, as well networking and learning opportunities for entrepreneurs, researchers, investment professional and business executives. For more details on the event please follow the link. Rice University Energy & Clean Technology Venture Forum



09.08.14 – Hayward Appointed to Advisory Committee of Midwest Cleantech Open Innovation Summit

Minneapolis,MN — Sep 10, 2014 Cornerstone Co-founder Larry Hayward has been appointed to the advisory committee of the 2014 Midwest Innovation Summit. The 2014 Midwest Innovation Summit will take place on October 27-28, 2014, at the Depot Hotel in Minneapolis, Minnesota.

This annual conference, organized by Midwest Cleantech Open and partners, explores how the Midwest is capitalizing on these trends and providing market leadership, and offers insights into new industry developments and upcoming opportunities. Organized by Midwest Cleantech Open and it’s partners, this flagship event convenes professionals interested the segment of the Impact Economy focused scalable solutions that drive natural resource efficiency and/or reduce environmental impact. Summit attendees include:

  • Financial and strategic investors and financial institutions
  • Emerging businesses and large and small corporations
  • Policymakers and sustainability professionals Industry trade organizations Academia

For more details on the event please follow the link. 2014 Midwest Innovation Summit



09.04.14 – Hayward to be Speaker at 2014 New England Venture Summit

Chicago, IL — Sep 4, 2014 Cornerstone Founder Larry Hayward will be speaking at the 2014 New England Venture Summit on December 9th 2014.

The 9th annual New England Venture Summit, presented by youngStartup Ventures, is the premier industry gathering connecting venture capitalists, corporate VCs, angel investors, technology transfer professionals, senior executives of early stage and emerging growth companies, university researchers, incubators and premier service providers. For more details on the event please follow the link. 2014 New England Venture Summit



Recent interview of Michael Gruber about Cornerstone Angels and Angel Investing

Michael Gruber joins Nick Moran of The Full Ratchet to discuss Angel Groups.

You can listen to the full interview at the following link –
Michael Gruber interview on Full Ratchet



04.20.14 Recent article on Cornerstone portfolio company Eatstreet

Online food ordering company EatStreet looks to be Madison’s answer to GrubHub

Read more: http://host.madison.com/business/online-food-ordering-company-eatstreet-looks-to-be-madison-s/article_1cbd28d9-8153-53dd-9e4b-b3c3b2015cfb.html#ixzz30HjUrG8g



04.08.14 Cornerstone Portfolio company Eatstreet closes $6mm investment

CHICAGO, Apr. 8, 2014 – Cornerstone Angels and COP portfolio company EatStreet, an online and mobile food ordering service, has now raised an additional $6 million in Series B funding. The round included participation from Series A investors Cornerstone Opportunity Partners, Independence Equity, Great Oaks Venture Capital as well as from CSA Partners, Silicon Valley Bank, and other angels. Please see press release below for more details –

Eatstreet Techcrunch press release

 



01.15.14 – Hayward nominated to Chairman of the Board of Cee6Cubed

Chicago, IL — Jan 15, 2014 — Laurence K. Hayward is appointed to Chairman of the Board of Cee6Cubed. Chicago-based Cee6Cubed designs and manufactures nano-composite materials and components. The company is commercializing the use of spark plasma sintering (SPS) to produce silicon carbide, tungsten carbide, silicon nitride and novel composite materials. Hayward’s fellow Board members include the company’s founders as well as representatives from Superior Graphite, which has provided graphite and carbon-based solutions to a wide range of markets since 1917. For more information see www.cee6cubed.com.



11.22.13 Hayward Appointed to Board of Cee6Cubed

Chicago, IL — Nov 22, 2013 — Laurence K. Hayward is appointed to the Board of Directors of Cee6Cubed. Chicago-based Cee6Cubed designs and manufactures nano-composite materials and components. The company is commercializing the use of spark plasma sintering (SPS) to produce silicon carbide, tungsten carbide, silicon nitride and novel composite materials. Hayward’s fellow Board members include the company’s founders as well as representatives from Superior Graphite, which has provided graphite and carbon-based solutions to a wide range of markets since 1917. For more information see www.cee6cubed.com.



11.13.13 Recent article on Cornerstone portfolio company Eatstreet

Madison start-up EatStreet gobbles up more online restaurant orders. Follow link for article



11.14.13 Hayward Speaks at Angel Resource Institute Event

Chicago, IL — Nov 14, 2013 Larry Hayward participated as a speaker at Angel Resource Institute’s Power of Angel Investing Seminar.

For more details on the event please follow the link. Bootcamp: The Power of Angel Investing

 



11.05.13 Verizon features Hayward on accessing growth capital webinar

Chicago, IL — Nov 5, 2013 Verizon features Laurence Hayward of Cornerstone Angels on accessing growth capital. The free webinar on November 5th, 1pm (CST), is 45 minutes and will cover the following topics:

  • Your best funding options based on your goals and where your business is at
  • The steps to securing capital, and how to manage the process start to finish
  • How to create a realistic timeline, and what to expect along the way
  • What investors look for before funding a small business
  • What documents you need and how to prepare and present a polished package
  • Where to find and connect with potential investors

Registration and further details can be accessed by using the link below.

Register Here

 



10.22.13 Cornerstone Portfolio company Motozuma/Boostup closes $1mm investment

DETROIT, Oct. 22, 2013 – Cornerstone Angels and COP portfolio company Boostup.com (formerly Motozuma) recently secured a $1 million round of funding, led by Detroit Venture Partners (DVP).  Other investors include Cornerstone Angels (COP), angel investor Patrick Sullivan, and IncWell. As part of IncWell’s investment, Tom LaSorda, former CEO of Chrysler, has signed on as a BoostUp advisor. Please see press release below for more details –

Boostup press release



10.21.13 Hayward Mentors Impact Engine Class

Chicago, IL — Oct 21, 2013 On October 21, Hayward held office hours at 1871 serving as a volunteer mentor for Impact Engine, an accelerator comprised of companies developing innovative ideas that address today’s societal and environmental challenges.



Recent Interview by Gruber about Cornerstone Angels

Cornerstone Angels Founder and Managing Director, Michael Gruber, recently gave an interview to Fundology.com regarding – Cornerstone Angels as well as angel investing in general.

You can find the video interview at the following link – Gruber Interview

About Fundology – Fundology is where investors and dealmakers connect and collaborate to get deals done faster. We connect professionals based on investment interests and make it easy to find relevant, quality deals. You will find private company stocks, M&A, funds, and debt deals. Fundology builds and strengthens your network, keeping you connected and giving you the inside track on exclusive investment opportunities.



09.12.13 Hayward is Speaker at Rice University 11th Annual Energy & Clean Tech Venture Forum

Houston, TX — Sep 12, 2013 Cornerstone Angels Director Larry Hayward participated as a Speaker/Panelist at Rice University’s 11th Annual Energy & Clean Tech Venture Forum in Houston.

The purpose of the Venture Forum is to showcase early-stage technology companies. The Venture Forum provides companies with exposure to potential investors, partners, mentors, customers, and other individuals who support the entrepreneurial ecosystem. This annual event is an opportunity for company’s to highlight their promising technology in a venue that last year attracted over 475 venture capitalists, early stage investors, successful entrepreneurs, and other business leaders. For more details on the event please follow the link. Rice University 11th Annual Energy & Clean Tech Venture Forum

 



07.29.13 Hayward to speak at EFactor’s Keynote on Angel Investing

Chicago, IL — July 29, 2013 Cornerstone Angels Director Larry Hayward will be speaking at Efactor’s Angel Investing Keynote Panel to be held in downtown Chicago on August 21.

Larry will be among a group of Angel Investors and CEOs/Founders who will speak about Angel  Investing. For more details on the event and future Efactor events please follow the link. Efactor Presents : Angel Investing

EFactor, the world’s largest entrepreneurial community, provides resources that every small business owner needs: funding, knowledge, gain revenue and save cost. At EFactor, entrepreneurs exchange ideas with experts, receive exclusive discounts on business tools, interact with potential partners or clients, and discover funding for their startups.



06.05.2013 Hayward Joins Board of EcoMyths Alliance

Chicago, IL — June 5, 2013 — Cornerstone Angels Director Larry Hayward has recently been elected to the Board of Directors for EcoMyths Alliance. EcoMyths Alliance is a not for profit organization whose mission is to make it easy and enjoyable for people to improve their environment by providing relevant, actionable information about the environment. To do this, they call upon an all-star alliance of experts from some of the most respected nature institutions around to provide people with just the facts.



03.04.13 Cornerstone Opportunity Partners, LLC funds EatStreet.com, and with Michael Gruber to join the Board of Directors

Cornerstone Opportunity Partners, LLC an early stage investment fund affiliated with Cornerstone Angels leads $2mm Series A funding round for Madison, Wisconsin based restaurant order management platform company EatStreet.

See press release at the following link. Press Release



02.05.13 Hayward Quoted in Forbes

Chicago, IL — February 5, 2013 — Cornerstone Angels Director Larry Hayward was quoted in a recent article in Forbes about investing in the social sector and supporting impact entrepreneurs. The article titled “Social Enterprise: The Investor’s Final Frontier” was published on Forbes.com on February 5th. Please follow this link for the full article.



12.17.12 Glen Barton, Retired Chairman/CEO of Caterpillar, joins Cornerstone portfolio company Intellihot’s BOD

GALESBURG, IL – December 17, 2012 – Glen Barton, Retired Chairman/CEO of Caterpillar, has joined Intellihot’s Board of Directors. Intellihot, which manufactures energy-efficient tankless water heating systems and boilers for residential and commercial applications is a portfolio company of Cornerstone Angels. See press release below for details.

See Press Release here



11.30.12 Cornertone Angels Portfolio Company Lucky Litter LLC acquired by Radio Systems Corporation

KNOXVILLE, Tenn. – Nov 30, 2012 – Cornertone Angels Portfolio Company Lucky Litter LLC has been acquired by Radio Systems Corporation. For details see press release below.

Press Release



10.15.2012 Hayward holds office hours at CEC’s 1871

Chicago, IL — Oct 15, 2012 — As part of a Chicagoland Entrepreneur Center mentor program, Hayward will have office hours today at 1871.

The mentorship program is designed to provide connections and tactical knowledge to build great startups. Volunteer advisors and speaker who provide Office hours include experienced entrepreneurs, early stage investors, educators and practitioners with relevant startup expertise. Topics covered include Sales, Marketing, Financing, Legal, Talent, Product Development and Design, Strategy.

About the CEC and 1871:
The Chicagoland Entrepreneurial Center (CEC) is a non-profit organization that supports entrepreneurs on their path to building high-growth, sustainable businesses that serve as platforms for economic development and civic leadership. Its flagship project,1871, fulfills CEC’s vision of a central address for entrepreneurs in Chicago. CEC runs and operates the workspace, develops programming, organizes events and ensures that the culture of 1871 allows entrepreneurs the greatest opportunity for success.



10.02.2012 Hayward Speaks at Crain’s Small Business Week

Chicago, IL — Oct 2, 2012 — Cornerstone Angels Director Larry Hayward participated at the Crain’s Small Business Week’s Access to Capital Panel.

The Chicagoland Chamber of Commerce and the Small Business Development Center organized panel discussed the different choices for capital available to small businesses. The panel discussion included senior-level capital providers from important and emerging sectors of the finance market including Angel Investing, Business Credit, Commercial Banking, Crowd Funding and more.

For more information on this event, click here.



10.01.2012 Cornerstone Angels Funds 8 Companies in 2012 To Date

Northbrook, IL (October 1, 2012) – Cornerstone Angels, a private membership-based investment network of high net-worth individuals and families has announced that with its two most recent investments in September, Cornerstone has now funded 8 companies within calendar year 2012.  Most recently, Cornerstone invested in the Series A funding round for Intellihot Green Technologies, Inc., a smart tankless water heater company based in Galesburg, IL as well as the Series C funding round for Agrivida, an industrial biotechnology company based in Cambridge, MA.

Cornerstone typically sees in excess of 250 deals a year which are proprietary sourced though its membership, and extensive nationwide network.  Cornerstone has established strong relationships with investors and entrepreneurs across the country and is active in reviewing, co-investing, and syndicating with other parties.

The 26 portfolio companies of Cornerstone have in aggregate across their history, both before and after Cornerstone’s participation, raised in excess of $1.6 Billion.  A partial listing of co-investors in Cornerstone portfolio companies include: Amerindo Investment Advisors, Baker Capital, Bright Capital, Cardinal Partners, DAG Ventures, DCM, DFJ, HLM Venture Partners, Independence Equity, Khosla Ventures, Kleiner Perkins, Millenium Private Equity, New Capital Partners, New Enterprise Associates, Palo Alto Investors, Presidio Ventures, Qatar Holdings, Sumitomo Corporation, Sequoia Capital, Tudor Ventures, Trident Capital, Worldview Technology Partners, and US Venture Partners.

According to Cornerstone Angels Founder and Managing Director Michael C. Gruber, “I am excited that the members of Cornerstone have been so active within 2012 to date.  We continue to attract a strong amount of quality deal flow and have been attracting increasing amount of individuals and families interested in joining Cornerstone to participate in our investment activities.  We have a strong portfolio and are optimistic that our companies will continue to make strong progress against their business plans into 2013.”

Cornerstone and its members have experienced a number of notable acquisitions and IPOs over the past few years, which includes the acquisition of SmartCells by Merck, the sale of Force10 to Dell Computer, the sale of RMI to Netlogic, and the IPO for Amyris, Inc.

About Cornerstone Angels

Cornerstone Angels is a private membership-based investment organization composed of successful executives, entrepreneurs, and investors who seek to provide financial capital and mentorship to early-stage companies.  Cornerstone Angels through its strong relationships attracts in excess of 250 deals annually for investment consideration.  The group focuses on early stage private equity opportunities, but also actively considers a range of later stage and opportunistic investments as well.

Cornerstone Angels meets on a monthly basis By Invitation Only in Chicago, IL, while attracting investor and company interest and participation nationwide.  Cornerstone has recently re-opened up its private membership to a select group of individuals and families for participation.

For more information: www.cornerstoneangels.com

Contact: Cornerstone Angels, 2100 Sanders Road, Suite 170, Northbrook, IL  60062

Michael C. Gruber, 847.739.0100, michael@cornerstoneangels.com

 



10.01.2012 Cornerstone Angels Funds Intellihot Green Technologies, Inc.

Northbrook, IL (October 1, 2012) – Cornerstone Angels, a private membership-based investment network of high net-worth individuals and families has announced it has participated in the Series A funding round for Intellihot Green Technologies, Inc., a smart tankless water heater company based in Galesburg, IL

Intellihot Green Technologies Inc., based in Galesburg, IL, designs and manufactures intelligent water heating systems.  The Intellihot system incorporates advanced control logic, sensors, remote monitoring, self-cleaning and self-learning capabilities, which combined with other patent-pending features enable instant and continuous hot water.

According to Cornerstone Angels Founder and Managing Director Michael C. Gruber, “Intellihot is an incredibly exciting company given that it has developed a highly innovative solution to address issues surrounding our growing water and energy usage.  The company is targeting a huge market with an elegantly engineered solution that provides a clearly compelling economic return.  Lastly, the company is targeting commercial and industrial users who do not have another viable alternative solution.”

Water heaters are major contributors to global problems of wasted energy and wasted water.  Today’s conventional heaters keep large tanks of water hot even when the water is not being used, and people waste significant amounts of water by running the faucet until hot water arrives.  Inefficient water heaters account for $19 billion annually in wasted energy costs in the U.S. alone based on a DOE study .  Intellihot will be able to address this tremendous problem and has demonstrated its ability to save customers 20-40% in energy savings.

Sri Deivasiamani, CEO of Intellihot, stated that he is excited to add Cornerstone to his investor base given the level of expertise and experience within its membership base.  I look forward to their ongoing support to accelerate our growth.”

Cornerstone joins Independence Equity I, LP, Central Illinois Angels, and other high net worth individuals as shareholders in the Series A round.

About Cornerstone Angels

Cornerstone Angels is a private membership-based investment organization composed of successful executives, entrepreneurs, and investors who seek to provide financial capital and mentorship to early-stage companies.  Cornerstone Angels through its strong relationships attracts in excess of 250 deals annually for investment consideration.

Cornerstone Angels meets on a monthly basis By Invitation Only in Chicago, IL, while attracting investor and company interest and participation nationwide.  Cornerstone has recently re-opened up its private membership to a select group of individuals and families for participation.

For more information: www.cornerstoneangels.com

About Intellihot Green Technologies

Intellihot Green Technologies Inc., based in Galesburg, IL, designs and manufactures intelligent water heating systems that enable significant water and energy savings.  The Intellihot tankless water heaters are the first condensing tankless gas water heaters designed and assembled in the USA.  The Intellihot system incorporates advanced control logic, sensors, remote monitoring, self-cleaning and self-learning capabilities, which combined with other patent-pending features enable instant and continuous hot water. For more information, visit: www.intellihot.com

Contact: Cornerstone Angels, 2100 Sanders Road, Suite 170, Northbrook, IL  60062

Michael C. Gruber, 847.739.0100, michael@cornerstoneangels.com

 



06.26.2012 Gruber speaking on ACG Chicago panel on ‘Building the Next Gazelles: from Early Funding to Emerging Growth’

Cornerstone Angels Founder, Michael Gruber, shall be speaking on ACG Chicago’s panel on ‘Building the Next Gazelles: from Early Funding to Emerging Growth’ on June 26 in downtown Chicago.

For registration and further details please follow this link: Register Here

Here are some details on the event:

Tuesday, June 26th, 2012
Building the Next Gazelles: From Early Funding to Emerging Growth

11:30 AM – 1:15 PM

The Standard Club
320 S. Plymouth Ct.
Chicago, IL

Building the Next Gazelles:
from Early Funding to Emerging Growth

Chicago’s entrepreneurs are finding new capital in the rapidly developing angel networks, new talent and mentorship in the expanding incubator spaces and many are now looking for next stage investment/exit expertise to join the gazelles in the middle market. Join us to meet some leaders in this early stage investment community and better understand where you fit into this new growth dynamic.



06.11.2012 Cornerstone Issues Newsletter #2 – 2012 Investments and Other Activities

To view the newsletter please follow this link: Newsletter #2 – 2012 Investments and Other Activities



06.11.2012 Cornerstone Angels Announces Credit Suisse as new Corporate Sponsor

Northbrook, IL (June 11, 2012) – Cornerstone Angels, a private membership-based investment network of high net-worth individuals and families has announced the addition of Credit Suisse as a new corporate sponsor and partner.

According to Cornerstone Angels Founder and Managing Director Michael C. Gruber, “Credit Suisse is a great addition to our organization.  The firm has had an extensive history in managing wealth for successful families, and for providing great advice and financial capabilities to entrepreneurs and their companies.  We look to take advantage of being able to leverage the resources of their global capabilities, along with the strong support of their local Chicago-based professionals.”

Credit Suisse is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries. The bank is organized into three divisions, Investment Banking, Private Banking, and Asset Management.  Credit Suisse is one of the Top 5 largest managers of wealth globally measured by assets under management.  The company has both a Northbrook and Chicago office within IL.

Cornerstone Angels through its strong relationships attracts in excess of 250 deals annually for investment consideration.  The group will lead as well as co-invest alongside other parties.  Cornerstone has already participated in 5 financings to date in 2012.  Cornerstone’s 26 portfolio companies have raised in excess of $1.5 Billion in aggregate capital.

Cornerstone Angels meets on a monthly basis By Invitation Only in Chicago, IL, while attracting investor and company interest and participation nationwide.

About Cornerstone Angels

Cornerstone Angels is a private membership-based investment organization composed of successful executives, entrepreneurs, and investors who seek to provide financial capital and mentorship to early-stage companies.  Cornerstone has a portfolio of over 26 companies in which its members have invested.

Cornerstone Angels looks to expand its relationships and partnerships with select investors and service companies where strong value can be provided to both our companies as well as our investor members.

Cornerstone has recently re-opened up its private membership to a select group of individuals and families for participation.

www.cornerstoneangels.com

Contact: Michael C. Gruber, 847.739.0100, michael@cornerstoneangels.com

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05.28.2012 Cornerstone Portfolio Company Fisker Automotive issues Business Update

Please click on the following link for business update from Fisker Automotive, issued on 28th May, 2012. Inaugural Business Update



05.31.2012 Gruber to Speak as Panelist at Emerging Manager Conference

Cornerstone Angels Managing Director, Michael Gruber, shall be speaking at the Opal Financial Group’s Emerging Manager’s Summit on May 31, 2012. He is speaking at the investment conference in Chicago as part of the panel Private Equity Outlook: Do Emerging Managers Have an Edge?

More details can be found about the summit at the following link: Emerging Manager’s Summit