- HBS Angels of Boston is comprised of Harvard alumni interested in investing in early stage startups.
- The companies in which we invest do not need any Harvard affiliation.
- The group’s mission is to build a community of Harvard alums with a desire to continue to accelerate the entrepreneurial ecosystem found around HBS and the broader Boston community. Our goal is to provide real value and insight to entrepreneurs whether our members elect to invest or not.
- HBS Angels of Boston consists of current and former executives, entrepreneurs, and venture capitalists with a serious interest in investing their money, expertise, and time into high potential early stage entrepreneurial ventures.
- The HBS Alumni Angels’ Selection Committee reviews 50+ deals each quarter and selects between 6 and 8 of the most promising companies to present to our selection committee. This gives the companies and the selection committee time to interact in person.
- Following the selection committee session, 4 to 6 teams are invited to present at each HBS Angels of Boston quarterly pitch event.
- The Selection Committee reviews the companies against the following criteria:
- Is capital-efficient, early stage growth company. Markets targeted include, but are not limited to, internet, software, social networking, security enterprise, cloud, medical device, bio-technology, alternative energy applications, consumer goods and other venture capital targeted markets.
- Is operating in a large and/or growing market with a barrier to entry (e.g., an intellectual property position).
- Has a demonstrated proof of concept and can articulate the revenue strategy clearly. Note: Priority goes to applicants with revenue traction (users, clients, customers).
- Has some unique / competitive advantage over other companies (or would-be companies) in the space.
- Can articulate an exit strategy.
- Has strong founder and senior management team (with compelling presentation and strong delivery skills).
- Is located, plans to locate, or has a connection to New England.
- Each quarter, the selected companies will be invited to present at that quarter’s HBS Angels of Boston pitch event. Members interested in investing pursue due diligence (either individually or as a group) after the meeting and make investment decisions individually.
- HBS Angels of Boston is not a fund. It is an affinity group with the express aim of driving education around early stage companies and connections between those early stage companies and potential sources of capital.
To submit a business plan for consideration by HBS Angels of Boston, please visit our page on Gust (the venture capital SAAS platform).
Please note: We consider companies regardless of whether any of the management or owners are Harvard alumni.
For more information or to connect with us, please send an email to email@example.com.