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Boston Harbor Angels

North America, Massachusetts, United States, Boston

Description

Boston Harbor Angels (BHA) is a prominent angel investment group based in Boston, Massachusetts, comprising a network of experienced business leaders, entrepreneurs, and investors. The group focuses on providing early-stage capital to high-growth companies, leveraging the collective expertise and resources of its members. BHA aims to identify innovative ventures with significant market potential and strong management teams, offering not just financial backing but also strategic guidance and mentorship.

The group's investment thesis centers on companies poised for rapid expansion and possessing a clear path to a successful exit. While sector-agnostic to some extent, Boston Harbor Angels has shown a particular interest in technology-driven sectors, including healthcare, software, and biotechnology. They meticulously evaluate prospective portfolio companies based on factors such as market opportunity, competitive advantage, scalability, and the strength of the founding team.

Boston Harbor Angels typically invests in companies seeking seed or Series A funding. Their standard investment per company ranges from $250,000 to $1,500,000, often participating in syndicated rounds with other angel groups or venture capital firms. This approach allows them to pool capital and expertise, providing more substantial support to their portfolio companies while diversifying risk for individual members.

Founded in 2004, Boston Harbor Angels has been an active participant in the entrepreneurial ecosystem for nearly two decades. Over this period, BHA has built a diverse portfolio of companies, contributing significantly to the growth of early-stage ventures in New England and beyond. Their commitment extends beyond capital, as members frequently engage with portfolio companies, offering invaluable operational experience and industry connections to help accelerate their development and achieve key milestones.

Investor Profile

Boston Harbor Angels has backed more than 126 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 7% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Angel, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Israel.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $250K – $1.5M.

Stage Focus

  • Angel (57%)
  • Seed (19%)
  • Series A (9%)
  • Series B (6%)
  • Series Unknown (6%)
  • Convertible Note (1%)
  • Pre Seed (1%)
  • Series D (1%)
  • Series C (1%)

Country Focus

  • United States (96%)
  • Canada (2%)
  • Israel (1%)
  • India (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical Device
  • Medical
  • Manufacturing
  • Software
  • Pharmaceutical
  • Information Technology
  • E-commerce
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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 Boston Harbor Angels frequently co-invest with?

LaunchPad Venture
North America, Massachusetts, United States, Newton
Co-Investments: 11
Sidecar Angels
North America, Massachusetts, United States, Somerville
Co-Investments: 7
GS
North America, New Hampshire, United States, Hanover
Co-Investments: 4
Beacon Angels
North America, Massachusetts, United States, Boston
Co-Investments: 12
North Country Angels
North America, Vermont, United States, Burlington
Co-Investments: 4
Maine Angels
North America, Maine, United States, Portland
Co-Investments: 9
Co-Investments: 4
Mass Medical Angels
North America, Massachusetts, United States, Boston
Co-Investments: 12
Cherrystone Angel Group
North America, Rhode Island, United States, Providence
Co-Investments: 6
New York Angels
North America, New York, United States, New York
Co-Investments: 6

Which angels does Boston Harbor Angels often collaborate with?

BL
North America, Massachusetts, United States, Boston
Shared Deals: 1
SF
North America, Arizona, United States, Tucson
Shared Deals: 1
JA
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 1
TD
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
ED
North America, New York, United States, New York
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1
KL
North America, United States
Shared Deals: 1
AS
North America, Quebec, Canada, Montréal
Shared Deals: 1
CM
North America, Connecticut, United States, Guilford
Shared Deals: 1
BW
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Boston Harbor Angels?

Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
Series BAug 18, 2023
Amount Raised: $6,000,000
Zylö Therapeutics

Greenville, South Carolina, United States

Zylö Therapeutics offers an innovative sustained-release drug-delivery system.

Health CarePharmaceuticalTherapeutics
Series BJun 3, 2022
Amount Raised: $5,225,000
Xeno Biosciences

Somerville, Massachusetts, United States

Xeno Biosciences is a biotechnology company that provides novel class of treatments for metabolic diseases.

BiotechnologyHealth CarePharmaceutical
Series AAug 8, 2021
Amount Raised: $7,250,000
Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
Series AMay 3, 2021
Amount Raised: $6,000,000
S'More Date

New York, New York, United States

S'More Date is a Dating Application.

AppsInternetService Industry
SeedJan 26, 2021
Amount Raised: $2,100,000
Enrich Therapeutics

Worcester, Massachusetts, United States

Enrich Therapeutics is a biotechnology startup.

BiotechnologyHealth Care
SeedJul 15, 2020
Amount Raised: $320,000
Powerplay

Bengaluru, Karnataka, India

Powerplay is a mobile-based operating system to manage construction & architectural projects.

ArchitectureConstructionSaaSSoftware
SeedJan 1, 2020
Zylö Therapeutics

Greenville, South Carolina, United States

Zylö Therapeutics offers an innovative sustained-release drug-delivery system.

Health CarePharmaceuticalTherapeutics
Series ASep 26, 2019
Amount Raised: $4,000,000
DetraPel

Framingham, Massachusetts, United States

DetraPel is a cleantech advanced materials company that specializes in synthesizing and manufacturing PFAS-Free Protective Coatings.

Consumer GoodsManufacturingNanotechnology
SeedSep 12, 2019
Amount Raised: $1,000,000
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
AngelJan 1, 2019