Top 15 Massachusetts Angel Investors [2023]

Massachusetts is a powerhouse for venture capital. With many angel groups and VCs making their home here, it’s no surprise that Massachusetts has become one of the hottest startup hubs in the country. If you’re looking for funding to grow your startup or small business, this list will help you find some of the best angel investors in Massachusetts:

1. Gordon Brothers

Gordon Brothers is a global leader in the acquisition, disposition and financing of middle market companies. The firm helps clients grow their businesses through a wide range of services, including merger and acquisition advisory; Advisor on financial markets on equities and equity; executive search; Business valuations and financial restructuring advice. Gordon Brothers has offices in 25 countries around the world, with over 1,200 professionals operating from its Boston headquarters.

2. State Street

State Street Corporation (NYSE: STT) is a global financial services company. It provides investment management, investment service and investment research services. State Street operates in more than 100 countries with offices in major financial centers around the world, including Boston; London; Luxemburg; Melbourne; Mumbai; Singapore; Sydney and Tokyo.

In 2018, State Street was named one of the 100 best companies to work for in Australia by the Australian Financial Review. In 2017, it was named one of the best places to work for LGBTQ equality in the United States by Human Rights Campaign Foundation and received a perfect score on its Corporate Equality Index (CEI).

3. Providence Strategic Growth (PSG)

Providence Strategic Growth (PSG) is a Boston, Massachusetts-based private equity firm. PSG was founded in 1999 by former executives of private equity firm Providence Equity Partners. The firm invests in multiple industries and growth stages, including venture capital and emerging growth companies.

The company has an established track record of investing in software-as-a-service companies such as Autodesk, Zuora and Shutterstock.

In 2017 alone, PSG made investments in four different portfolio companies: Sibson Consulting; Vesta GmbH; Blackline Software Inc.; and Airwatch LLC.

4.Cove Hill Partners

Cove Hill Partners is an investment firm that focuses on technology companies. The firm has invested in more than 100 companies since its founding in 1985 and has offices in Boston, Massachusetts and New York.

The firm has a wide range of investment strategies and focuses on companies at various stages of development. Some examples of the company’s investments include: -BroadSoft, a software company that provides unified communication solutions for businesses -Docusign, a signature technology provider -fundbox, a fintech company that provides loans to small enterprises

5. Ampersand Capital Partners

Ampersand Capital Partners was founded in 2011 and has offices in Cambridge, MA and New York. The firm invests in healthcare, education, software and consumer businesses through a range of stages, from seed to buyout. AperSand’s main areas of interest include:

• Health (Surgical Technologies and Devices; Medical Devices and Diagnostics)
• Education (K-12 schools; colleges)
• Software (Internet/SaaS Companies; Media/Entertainment Companies)
• Consumer products and services (retailers/distributors; service providers)

6. First Star Ventures

First Star Ventures is focused on healthcare and life sciences. The firm’s investment size ranges from million to million, but the average size of its Series A Investments is around .5 million. First Star makes investments in the early stages of development and will consider investing in seed stage offerings if there is enough potential that it makes sense for them to take a risk on an unproven business.

The median deal term with this company is five years, while the median exit time is seven years.

7. Coventry Associates

Coventry Associates, a global investment firm that invests in the financial services industry, has invested in over 30 companies, including Fiserv and Synchrony Financial. Coventry Associates has also invested in SecureWorks, a cybersecurity company acquired by IBM for billion.

Although Coventry Associates is based in Boston and New York, they are headquartered in Atlanta. The firm currently focuses on investment opportunities primarily located east of the Mississippi River with a focus on technology-driven companies that have a proven business model or disruptive potential.

8. Nuts Business Associates

Walnut Venture Associates is a venture capital firm with offices in Boston and San Francisco. Since its founding in 1996, it has invested in more than 100 companies in the United States and Canada. Recent investments include Carbonite Inc., a cloud-based data backup company that went public on the NYSE.

In 2004, he created a fund investing in non-technical companies. In 2006, he launched a fund dedicated to Israel.

9. Blue Haven Initiative

Blue Haven Initiative is a venture capital firm founded in 2009. The firm’s portfolio companies include Appaudit, BluemAnnet, Cocoon Technologies and Eagle Eye Labs. It also includes FrugalPac which is a packaging company that produces sustainable products for the food and beverage industry. To date, Blue Haven has invested over 0 million in its companies.

10. EQX Funds

EQX Fund is a venture capital firm that invests in early-stage companies in the healthcare, life sciences and technology sectors. EQX Fund focuses on investing in companies that develop innovative technologies that have the potential to transform the healthcare industry.

The mission of the EQX Fund is to create value for its investors by partnering with exceptional entrepreneurs who are building transformative businesses with significant growth potential.

11. Capital is

Easterly Capital is a venture capital firm that invests in early-stage companies.

East Capital is based in Boston, Massachusetts.

Easterly Capital was founded in 2014 by four partners with over 60 years of combined experience investing in enterprise software and internet companies. The firm has invested nearly 0 million in more than 20 companies, including leading brands such as Rithmio, Fundrise and CommonBond.

12. Rally Ventures

Rallycry Ventures is a venture capital firm that invests in start-up companies in the United States and Canada. The company was founded in 2002 by David R. Farr and Dan T. O’Brien.

With over billion raised since inception, RallyCry has invested in over 170 companies across its three funds: RallyCry Capital Partners I and II (2002 – 2007) and RallyCry Technology Partners III (2013 – present).

13. Prepare 4 VC

Prepare 4 VC is a venture capital firm that invests in early stage companies. The company was founded in 2015 by a group of entrepreneurs and investors who had worked together for several years. The team has decades of collective experience as startup founders, venture capitalists, angel investors and board members across the US, Europe and Asia.

Prepare 4 VC investments based on its core belief that “there are no bad ideas” and seeks to partner with entrepreneurs who are committed to their own success, regardless of background or identity of gender.

14. Coalescing Partners

Coalescence Partners is a Boston-based venture capital firm founded in 2016 by former Bessemer Venture Partners. Since its inception, the firm has invested in over 70 companies and raised over billion in capital. Some of the most notable companies funded by Coalescence include Vowd, Tarsus Group and MeaDbot.

Coalescing focuses on investing in early-stage companies that have a strong team and have a product or service that solves a problem. The company has been actively investing since its inception in 2016. Some of the more notable coalescence-backed companies include Vowd, Tarsus Group, and Readebot.

15. Redstar Ventures

Redstar Ventures is a Boston-based venture capital firm specializing in early stage investments in software, internet and information technology companies. The company invests 0,000 to million per business, plus hands-on assistance with business strategy, marketing, and recruiting. Redstar has invested over billion in approximately 30 companies since its founding in 2001.

Redstar has participated in eight exits – including Jitterbug (acquired by Samsung), Emoney Advisor (acquired by Intuit) and Dropbox – making it one of the most successful early-stage investors in Massachusetts history. In addition to its exit business, Redstar’s portfolio includes many successful companies that have yet to be acquired but continue to grow rapidly on a large scale, such as rightsignature (raised million), surhape (50 million +), ClassPass (0 million).

The firm works with an average of 15 portfolio companies at any one time; Currently, it has approximately 150 employees in offices located around the world, including San Francisco CA., New York NY., Cambridge MA., London UK., Boston MA., Washington DC..

Conclusion

The top 15 angel investors in Massachusetts have a lot to offer entrepreneurs. There are many ways to find funding and support, and these investors are just a few of the options available. Startups can go directly to them or through other services like crowdfunding platforms, which provide opportunities for founders who don’t want traditional capital or loans.