The Hub Angels began meeting in March 2000 with the notion of matching active, early stage investors with technology-driven, start-up companies. With a focus on the greater Boston area - known as the "Hub" by Boston locals - the Hub Angel Investment Group developed its present methodology and structure of investing which includes a fund with co-investment rights for the individual Members of the Fund. Currently there are more than 50 Members in Hub Fund I and Hub Fund II.

Always with an eye toward diversification, the Hub Angel Group invests across industry sectors. Thus far Hub has invested in 12 companies including financial services, entertainment, retail, biotechnology, healthcare, water treatment, food technology, and digital audio. The Hub Group and its members have invested more than $10 million in these portfolio companies. Venture firms that have co-invested with Hub include GE Capital, Commonwealth Capital, Rock Maple, Brook, Thomas Weisel, Fidelity, Boston Community Ventures, Bessemer, Blue Chip, Blue Sky, and FlagShip.

Sector: Broad industry sector mandate
Stage: 12+ month-old companies with core management team, unique and protected technology, and beta sites or initial product sales with a significant market opportunity
Location: Preference for Greater Boston, but also the New England states
Investment: $250k - $1,000k purchase of preferred equity, less than $10 million pre-money valuation, board representation, active investors