How Lumin assists Mainland Angel Investors to raise capital

Mainland Angel Investors is a small nonprofit with a big job: matching early-stage startups with the angel investors who can fund them. Much of the work comes down to getting the right documents signed by the right people at the right time, often across borders, and often against the clock.

Converting good intentions to investments

The problem was never willingness; it was friction with previous signing methods.

For an angel network, the deal only becomes real once the paperwork is signed. Two documents do most of the heavy lifting: a membership form, where new members confirm they want to join the network, and a deed of investment, the legal agreement that allows Mainland Angels to hold an investment on an investor's behalf.

Before using Lumin, signing meant static PDFs sent by email, followed by round after round of follow-ups. Some investors didn't use digital signatures at all, so they'd print the documents, sign by hand and scan them back, which meant a deal could sometimes sit for weeks.

Signed with speed

Since switching to Lumin, Mainland Angel Investors has closed the gap between an investor saying yes and a deal actually getting signed.

Value for money matters to a nonprofit, and for Camille, Lumin delivers on more than price alone. "It's the best value for money on the market," she says, "but it also removes the friction for the sale to go through".

Why Mainland Angel Investors chose Lumin

An introduction through a startup network led Camille to Lumin. What caught her attention first was how accessible it felt. "When we first learned about Lumin, I was really interested because it seemed more customer-friendly" Camille says.

Since moving their signing to Lumin Sign, Mainland Angel Investors have eliminated much of the ambiguity around signing. A deed of investment requires signatures and dates in several specific places, and a flat PDF leaves too much room for mistakes.

With Lumin Sign, guided fields walk each signer straight to the right spot, so forms come back complete and correctly signed the first time. "A lot of people get scared about where they need to sign – Lumin is great because it guides you with the fields. You don't have to think about it".

Ready to take the friction out of signing?

See Lumin Sign in action.