Could be that it looks dubious, but it's actually really legit.
I'm a startup (BricaBox.com) in the incubator downstairs from AngelSoft. My roommate has been working on their biz dev for the past two years (I found him the job on CL actually) -- so I know first hand that they really did go out and spend two years and get all these big, legit angel groups on their platform (think: Basecamp for Angel networks).
Anywho, now that they have these groups using the platform, they're opening it up for us to be submit deals, solving the problem I'm sure many of you feel: networking outside your local network (I know tons of angels in NYC, but even as close as Philly I know no one!).
Never pay to pitch, basically.