Company Profile
Hub Angels Investment Group LLC is an experienced angel group based in the Boston area, specializing in early-stage investments in technology and life science companies across the Northeastern United States and Eastern Canada. Established in March 2000, the firm has built a robust portfolio of over 50 companies across six funds. Hub Angels and its members have directly invested more than $50 million, and collectively, with co-investing venture firms, over $1 billion of capital has been deployed into their portfolio companies.
The firm's investment strategy focuses on providing more than just capital. Hub Angels actively supports its portfolio companies through valuable contacts, connections, advice, and board involvement, aiming to accelerate their success. They have cultivated an extensive network encompassing academic institutions, venture capital firms, legal and accounting professionals, and industry experts. This network serves as a crucial source for high-quality deal flow, technical expertise for due diligence, and essential connections for their portfolio companies.
Hub Angels invests across a diverse range of sectors, including Mobile/Media, Internet/Web Services, Software, Life Sciences, Electronics/Industrial, healthcare, information technology, communications, and business/productivity software. Notable exits from their portfolio in 2020 include SyncOnSet, Sandymount, Rifiniti, Cambridge Blockchain, and DraftKings (IPO). The firm typically prefers investing in Seed and Series A rounds, with individual investments ranging from $250,000 to $750,000 for preferred equity.
The firm was co-founded by Charles Cameron and David Verrill, who also serve as Managing Directors. Hub Angels operates with a hybrid angel and venture capital model, allowing its nearly 200 members to participate in the investment process and co-invest alongside the funds. This structure, combined with a disciplined process and the expertise of its members, aims to foster the development, growth, and successful exit of early-stage companies.
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