Boston Harbor Angels is a group of business leaders that invest in high growth, early stage companies. The group was formed in February 2004 and since then has made a number of investments in companies in medical devices, IT, consumer products, business products, specialty materials, Internet, aviation, etc.
The group’s focus is on early stage companies usually looking to raise $250K to $1.5M, where it can fund a portion of the round and syndicate the deal with other angel groups or early stage venture funds.The stage of the company should be close to commercialization, while the company should have a clear and defensible competitive advantage. Boston Harbor Angels are looking for capital efficient businesses, which can reach profitability with less than $5M of equity investment and provide at least 10X return on the investment within 5 years. The group has a deep expertise in the life sciences field where it usually take the position of a lead investor, but are open to any opportunities that can make a strong business case.
Companies the group have invested in includes: Voice Genesis, JAM Technologies, Harmony Line , and Nano-C.
