Angels Impact Meetings
Knoxville, TN; April 11th, 2024 – Marble City Angels and Music City Angels, part of the Community Equity Partners network of angel groups and venture funds, have invested in the a Seed Round for Reelay Meetings, Inc.
Reelay is an innovative technology company specializing in artificial intelligence (AI) solutions that is located online at www.reelay.com. Founded by an experienced team of highly successful entrepreneurs and software engineers, our pioneering firm brings meetings in-line with how teams work today by providing all participants with tools to collaborate on their own time irrespective of physical spaces, time zones, or geographic location.
“Let’s face it…meeting suck. Reelay make them more productive and efficient,” said Eric Dobson, the Managing Partner of Community Equity Partners (CEP). According to Dobson, “we were immediately impressed at the team and the technology. And, they are winning in head-to-head sales battles with much larger competitors as a validation of their potential. We love watching the underdog win.”
Reelay operates in two locations, Pheonix, AZ, and Knoxville, TN.
ABOUT COMMUNITY EQUITY PARTNERS:
Community Equity Partners (CEP) is a syndicate of angel groups and funds between Knoxville and Nashville with plans to expand to three additional markets in 2025. The Network brings angel investors and entrepreneurs together in an environment that celebrates innovation, rewards strategic risk-taking, and promotes performance. CEP is the combination of two angel networks across the Midwest and Southeast and enjoys a 18-year history and has invested approximately $17M in 62 companies across a variety of market sectors. The portfolio has created hundreds of jobs and over a hundred million dollars in follow-on capital investments by other groups and funds. CEP has an established track record investing in technology companies in the US “Heartland” enjoying seven exits from 2 – 6x in the last five years. To learn more about CEP visit https://www.communityequitypartners.co.