●  INVESTING IN PEOPLE. BUILDING THE FUTURE.

Midlothian Angel Network

Connecting Visionary Startups to Angel Investors to build thriving businesses

Trusted by Startups and VCs

ABOUT US

Empowering Visionaries.
Fueling Innovation.

Midlothian Angel Network (Midlo Angels) exists to open doors for early-stage companies by connecting promising founders with the capital, networks, and strategic support they need to scale and turn hard work into lasting success.

Based in Dallas, Texas, with a growing presence in Lagos and across the African market, Midlo Angels operates as an agile, cross-border investment network connecting diaspora investors with high-potential ventures across technology, real estate, sustainability, and other high-growth sectors. The network is recognized among the fastest-growing angel networks in North America and ranked among the top seven angel networks in Africa.

Across Midlo Angels and Midlo Credit, the broader network oversees $4.564 million in combined assets under administration—$2.800 million through Midlo Angels (61%) and $1.764 million through Midlo Credit (39%).

Apply for Funding

Pitch your business, get connected to capital, mentorship, and a network that will help you scale and succeed.

Become an Angel

Access high-potential startups, co-invest with trusted members, and create lasting impact in your community.

Why Join Midlothian Angel Network?

Empowering private wealth to accelerate regional innovation through institutional-grade syndicate tools.

Quality Deal Flow

Curated opportunities in high-growth startups vetted by our rigorous due diligence committee.

Expert Mentorship

Learn from seasoned entrepreneurs and industry leaders with deep operational and exit experience.

Powerful Network

Build meaningful connections that drive success across corporate, academic, and capital partners.

Community Impact

Invest in people and businesses that strengthen our region, creating sustainable economic velocity.

Meet Our Team

Board of Governors

Wale Salami

Founder/Executive Director

Tomie Balogun

Founder, Twelve Inc.

Board Chair

General Christopher G. Musa (Rtd.)

Former Chief of Defense Staff, FRN

Deputy Chair

Frequently Asked Questions

An Angel investor is a high-net-worth individual who invests in early-stage tech startups. Angel investors provide capital to early-stage companies in exchange for equity or debt. MAN allows the angels to increase their access to investment opportunities and diversify their investment portfolio through its different member categories.

MAN uses the following criteria in selecting companies to present to the network:

• Early-stage companies that offer high opportunities for high returns on investment.

• A business opportunity with the potential for rapid, scalable growth within a reasonable time frame.

• A compelling, well-articulated strategy for capturing and defending a significant market share.

• Proprietary technology, early market lead, or other strong barriers to entry.

• A strong management team to execute the business plan with relevant and successful experience.

• A credible exit strategy for investors.

• A team with a desire for mentoring and coaching

• A reasonable valuation that fits within the risk/reward expectations of our members.

Yes. Following the investment, Midlo Angels will be available to assist the founders in a number of ways. MAN angels can help identify and assess management candidates and board members.

They can help craft the company’s financial strategy in raising follow-on capital, and assist with customer acquisition and alliance building.

They can also assist with issues involving organizational structure, sales, marketing, and distribution strategies, and other challenges entrepreneurs face in building a strong company.

In addition to MAN members, the angel network has relationships with other organizations and incubators that are available to further assist entrepreneurs, and those support services would be made available to the early-stage company as well.

Angel investing is RISKY, which is why the rate of return is HIGH. Investments by angels are LONG-TERM, typically taking 5 – 7 years on average (could be less) to realize a return on investment, aka EXIT.

Investors Update

Prembly Completes Merger

We have gotten the board’s approval for a complete merger with Peleza.

Prembly: Fastest growing Identity Verification company in the Emerging market.
Peleza: Biggest background check company in East Africa.

Articles

Midlo Credit Appoints Inaugural Advisory Board as Cooperative Enters Next Phase of Growth

Member-owned cooperative puts a governance structure in place to reach $1 million in annual member volume and pursue a credit union charter by 2030 Read More

Burleson Rotary Club Installs Wale Salami as President, Launching a New Year of Service During…

Leadership transition marks a new chapter for the 44-year-old service organization with a vision centered on “Paying It Forward Through Service.” Read More

Robinhood Just Broke Venture Capital — And That Might Be a Good Thing

When we started building Midlo Angels, there were no headlines. Read More

BlackRock Hit $14 Trillion in AUM — Then Profits Fell. Here’s Why That’s Bullish.

Why record assets, falling profits, and aggressive expansion can all be true at once — and what long-term investors should actually learn from it. Read More

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