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BlueTree Allied Angels

North America, Pennsylvania, United States, Wexford

Description

BlueTree Allied Angels is a prominent angel investment group based in Wexford, Pennsylvania, serving the greater Pittsburgh region and beyond. Established in 2003, the group comprises accredited investors primarily from Western Pennsylvania who are dedicated to fueling the growth of early-stage companies with high potential. Their investment philosophy centers on identifying innovative ventures that demonstrate strong management teams, proprietary technology, and a clear path to market success and eventual exit.

The group primarily targets companies in the Seed and Series A stages, providing crucial capital to help these businesses scale. BlueTree Allied Angels typically deploys initial investments ranging from $250,000 to $1,000,000, often participating in syndicates with other angel groups or venture capital firms to provide larger funding rounds. Beyond initial checks, they also engage in follow-on rounds to support their portfolio companies through subsequent growth phases, demonstrating a long-term commitment to their investments.

Since its inception, BlueTree Allied Angels has made a significant impact on the regional startup ecosystem. The group has collectively invested over $60 million across more than 100 companies, showcasing their active role in fostering innovation and economic development. Their diverse portfolio spans various high-growth sectors, including life sciences, software, advanced manufacturing, and consumer products, reflecting a broad interest in disruptive technologies and scalable business models. BlueTree's members often provide not just capital, but also strategic guidance, mentorship, and access to their extensive professional networks, adding substantial value to the ventures they support.

Investor Profile

BlueTree Allied Angels has backed more than 37 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 16% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Biotechnology, Software.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (30%)
  • Series A (24%)
  • Series B (16%)
  • Series Unknown (14%)
  • Angel (5%)
  • Pre Seed (5%)
  • Convertible Note (3%)
  • Series C (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Biotechnology
  • Software
  • Therapeutics
  • Medical Device
  • Information Technology
  • Life Science
  • Artificial Intelligence (Ai)
  • Enterprise Software
  • Medical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BlueTree Allied Angels frequently co-invest with?

Pittsburgh Equity Partners
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 2
Next Act Fund
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 3
Harbor Light Capital Partners
North America, New Hampshire, United States, Keene
Co-Investments: 3
Life Science Angels
North America, California, United States, Sunnyvale
Co-Investments: 3
Reinforced Ventures
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 2
412 Venture Fund
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 2
Innovation Works
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 9
North Coast Ventures
North America, Ohio, United States, Cleveland
Co-Investments: 2
Pittsburgh Life Sciences Greenhouse
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 5
New York Angels
North America, New York, United States, New York
Co-Investments: 3

Which angels does BlueTree Allied Angels often collaborate with?

CU
North America, California, United States, Mountain View
Shared Deals: 1
LV
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1
YI
North America, California, United States, Santa Monica
Shared Deals: 1
SH
North America, New York, United States, New York
Shared Deals: 1
LG
North America, Ohio, United States, Cleveland
Shared Deals: 1
TS
North America, Michigan, United States, Detroit
Shared Deals: 1

What are some of recent deals done by BlueTree Allied Angels?

CytoAgents

Pittsburgh, Pennsylvania, United States

CytoAgents is a biotechnology company focused on the the treatment of COVID-19, Influenza, and other viral infectious diseases.

BiotechnologyHealth CareMedical
Series AMay 12, 2023
Amount Raised: $7,000,000
ERIN

Pittsburgh, Pennsylvania, United States

ERIN is an employee referral platform powered by Smart Referral AI that allows employees to make referrals by using the mobile or web app.

AppsInformation TechnologySoftware
SeedOct 5, 2022
Amount Raised: $5,000,000
OndeCare

Cleveland, Ohio, United States

OndeCare is the premium in-home care marketplace for all ages & schedules; and the employee benefit SaaS solution with full ROI visibility.

Child CareE-CommerceElder CareHealth CareSaaSService Industry
Pre SeedFeb 28, 2022
Amount Raised: $774,735
C360 Technologies

Wexford, Pennsylvania, United States

C360 Technologies is a video technology that delivers quality non-stitched immersive video products to date.

Information TechnologyMedia and EntertainmentVideo Streaming
Series UnknownJan 15, 2022
Augment Therapy

Chagrin Falls, Ohio, United States

Augment Therapy is an interactive software that uses the medium of AR to provide virtual pediatric rehab and remote patient monitoring.

Health CareHospitalSoftwareTherapeutics
SeedSep 22, 2021
Amount Raised: $1,350,000
Edge Case Research

Pittsburgh, Pennsylvania, United States

Edge Case is the safety and risk-management partner for companies building & operating autonomous trucks, cars, and other robotic systems.

Artificial Intelligence (AI)ConsultingEmbedded SoftwareInsuranceInsurTechLogisticsRoboticsSoftware EngineeringTransportation
Series ASep 15, 2021
Amount Raised: $12,000,000
OndeCare

Cleveland, Ohio, United States

OndeCare is the premium in-home care marketplace for all ages & schedules; and the employee benefit SaaS solution with full ROI visibility.

Child CareE-CommerceElder CareHealth CareSaaSService Industry
Pre SeedJun 7, 2021
Amount Raised: $680,000
Gridwise

Pittsburgh, Pennsylvania, United States

The leading business app for on-demand workers

AppsBig DataCar SharingDeliveryMobile AppsSharing EconomyTransportation
SeedFeb 28, 2020
Amount Raised: $3,300,000
Lindy Biosciences

Durham, North Carolina, United States

Lindy Biosciences is a development-stage protein therapeutic formulations company.

BiotechnologyProduct ResearchTherapeutics
Series ASep 18, 2019
Amount Raised: $1,600,000
Edge Case Research

Pittsburgh, Pennsylvania, United States

Edge Case is the safety and risk-management partner for companies building & operating autonomous trucks, cars, and other robotic systems.

Artificial Intelligence (AI)ConsultingEmbedded SoftwareInsuranceInsurTechLogisticsRoboticsSoftware EngineeringTransportation
SeedJun 13, 2019
Amount Raised: $7,000,000