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Sidecar Angels

North America, Massachusetts, United States, Somerville

Description

Sidecar Angels is a Boston-based angel group strategically positioned to support early-stage companies, primarily focusing on Seed and Series A funding rounds. Located in the vibrant entrepreneurial hub of Somerville, Massachusetts, the group distinguishes itself by not only providing capital but also actively collaborating with venture capital firms and entrepreneurs to foster the growth and development of nascent businesses. Their mission extends beyond mere investment, aiming to leverage the collective experience of its members to build robust, scalable enterprises from the ground up.

The investment thesis of Sidecar Angels is characterized by its broad industry applicability, spanning critical sectors such as Software-as-a-Service (SaaS), FinTech, Healthcare, Deep Tech, and Consumer. This diverse focus allows them to engage with a wide array of innovative startups, reflecting a flexible yet discerning approach to identifying high-potential ventures. A key aspect of their funding strategy is their typical investment range, which generally falls between $250,000 and $1,000,000 for initial checks. This specific range underscores their commitment to providing substantial early-stage capital while maintaining the agility of an angel group.

Comprising a team of seasoned operators, successful entrepreneurs, and experienced investors, Sidecar Angels brings a wealth of practical knowledge and strategic insights to its portfolio companies. This operational expertise is a significant value-add, offering founders mentorship, strategic guidance, and access to a valuable network. Their hands-on approach aims to mitigate common early-stage challenges and accelerate growth, positioning companies for subsequent funding rounds and long-term success. The group's deep roots in the Boston ecosystem further enhance its ability to connect promising startups with essential resources and opportunities within the broader venture capital landscape.

Investor Profile

Sidecar Angels has backed more than 72 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

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

Stage Focus

  • Seed (43%)
  • Series A (24%)
  • Series Unknown (11%)
  • Convertible Note (10%)
  • Series B (7%)
  • Series C (1%)
  • Series D (1%)
  • Debt Financing (1%)
  • Pre Seed (1%)

Country Focus

  • United States (96%)
  • Australia (1%)
  • Trinidad and Tobago (1%)
  • United Kingdom (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Software
  • Information Technology
  • Pharmaceutical
  • Medical
  • Therapeutics
  • Artificial Intelligence (Ai)
  • Manufacturing
  • Saas
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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 Sidecar Angels frequently co-invest with?

LaunchPad Venture
North America, Massachusetts, United States, Newton
Co-Investments: 12
LaunchCapital
North America, Connecticut, United States, New Haven
Co-Investments: 4
NXT Ventures
North America, Massachusetts, United States, Marblehead
Co-Investments: 4
Boston Harbor Angels
North America, Massachusetts, United States, Boston
Co-Investments: 7
Beacon Angels
North America, Massachusetts, United States, Boston
Co-Investments: 4
Life Science Angels
North America, California, United States, Sunnyvale
Co-Investments: 4
Beta Fund
North America, Massachusetts, United States, Newton
Co-Investments: 5
Maine Angels
North America, Maine, United States, Portland
Co-Investments: 4
Companyon Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 5
Mass Medical Angels
North America, Massachusetts, United States, Boston
Co-Investments: 6

Which angels does Sidecar Angels often collaborate with?

ZY
North America, Florida, United States, Miami
Shared Deals: 1
JB
North America, New York, United States, New York
Shared Deals: 2
Shared Deals: 1
BC
North America, Massachusetts, United States, Boston
Shared Deals: 1
BT
North America, California, United States, Palo Alto
Shared Deals: 1
BC
North America, Massachusetts, United States, Boston
Shared Deals: 1
OU
North America, Massachusetts, United States, Boston
Shared Deals: 1
JH
North America, Massachusetts, United States, Boston
Shared Deals: 1
CB
North America, United States
Shared Deals: 1
HC
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Sidecar Angels?

Surgicure Technologies

Cambridge, Massachusetts, United States

Surgicure is a start-up company that is dedicated to building effective medical instruments to prevent unnecessary harm.

BiotechnologyHealth CareMedicalMedical Device
SeedMar 12, 2025
Amount Raised: $1,785,000
Flex

Miami, Florida, United States

Flex is an end-to-end finance ecosystem for businesses.

BankingCredit CardsFinTechInsurancePaymentsSmall and Medium Businesses
Series ASep 19, 2023
Amount Raised: $20,000,000
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 BAug 18, 2023
Amount Raised: $6,000,000
TetMedical

New Jersey, Saint Patrick, Trinidad and Tobago

TetMedical is a clinical stage platform nanomedicine company focused on in vitro diagnostics.

SeedJan 1, 2023
Torigen Pharmaceuticals

Farmington, Connecticut, United States

Torigen Pharmaceuticals focuses on providing cancer care solutions for animals.

BiotechnologyHealth CareOncologyVeterinary
Series ANov 16, 2022
Amount Raised: $13,000,000
Upswing Health

Stamford, Connecticut, United States

Upswing Health provides a new way to conveniently deliver orthopedic care.

Artificial Intelligence (AI)Health CareMedicalRehabilitationTherapeutics
SeedMay 2, 2022
Amount Raised: $5,000,000
Biometry

Boston, Massachusetts, United States

Biometry is a predictive analytics and clinical oversight to manage asthma.

AnalyticsArtificial Intelligence (AI)BiotechnologyHealth CareMedical DeviceSoftware
Series AJan 1, 2022
EVQLV

New York, New York, United States

Leveraging advances in computation to revolutionize the design and development of therapeutic antibodies for biopharma

Artificial Intelligence (AI)BiotechnologyLife ScienceMachine LearningPharmaceutical
SeedJan 1, 2022
doorkee

New York, New York, United States

Doorkee develops a peer-to-peer rental platform that connects departing tenants, apartment seekers, and landlords.

Property ManagementReal EstateRental
Convertible NoteDec 27, 2021
AOA

Boulder, Colorado, United States

AOA Dx is a biotech company developing cancer diagnostics in the field of women’s health.

BiotechnologyHealth CareHealth Diagnostics
SeedNov 15, 2021
Amount Raised: $2,500,000