Hub Angels Investment Group

Hub Angels Investment Group is a Boston-based angel investment entity, uniquely structured as an angel group operating as a fund. Established in 2000, it focuses on providing early-stage capital to promising startups, primarily in the technology sector. The group's model allows it to pool resources from its members, enabling more significant and coordinated investments than individual angels might typically make. Their long operational history, spanning over two decades, positions them as a seasoned player in the New England venture ecosystem.

The group primarily targets seed and early-stage companies, aiming to support their growth and development. According to reports from 2008 and 2012, Hub Angels typically invests between $250,000 and $750,000 in its portfolio companies. While these figures are from over a decade ago, they provide insight into the group's historical investment scale, suggesting a focus on substantial early-stage commitments rather than micro-investments. Their strategy involves not just capital infusion but also leveraging the collective expertise and networks of their members to assist portfolio companies in achieving success.

Hub Angels boasts a strong track record, having made at least 20 investments and achieving 3 reported exits as of recent data. Their portfolio includes several highly successful technology companies that have gone on to achieve significant valuations or successful acquisitions. Notable investments include cybersecurity firm Veracode, which was acquired for $614 million, and IT operations management company VMTurbo (now Turbonomic), which was acquired for $1.5 billion. Other prominent companies in their portfolio include HubSpot, Carbonite, and Rapid7, demonstrating their ability to identify and back future industry leaders. This history of successful exits underscores their strategic approach to early-stage investing and their capacity to pick winners.