Broad Street Angels

What is Broad Street Angels?

Broad Street Angels is a Philadelphia-based angel investment club that operates as an affinity club of The Union League of Philadelphia. With nearly 125 accredited investor members from a wide range of industries, they focus on fueling the success of startups and growth-stage companies in the Mid-Atlantic region.

Having been operational since 2017, Broad Street Angels has put almost $7.75 million into 30 companies, showcasing their active involvement in the entrepreneurial ecosystem. In 2021 alone, they invested $1.68 million across 6 new companies and 4 follow-on rounds.

Broad Street Angels is not industry-specific; their members show interest in a diverse array of sectors, including Software (Web Marketplace SaaS, etc.), PropTech, BioTech, Business Solutions, FinTech (& Financial Services), Retail (& E-Commerce), IoT (& Wearables), A.I. (& Big Data), HealthTech (& Fitness), Web Security (& Privacy), Cloud Services (& Infrastructure), Medical Devices (& Hospital Services), Real Estate (& Construction), Healthcare (& Wellness), Mobility, Consumer, and Pharmaceutical (& Medicine).

They provide funding for stages Pre-Seed, Seed, Series A, and Series B with a minimum investment of $100,000, a maximum of $5,000,000, and a sweet spot of around $1,500,000. Broad Street Angels takes pride in their record level of investment in 2022 and their commitment to making a positive impact on companies within their reach.

Their assets under management are approximately $9,400,000, highlighting their significant capacity to support innovation and growth. Regular meetings and networking events augment their community engagement, offering entrepreneurs ample opportunity to connect and secure funding.

What they say:

We are an investing group composed of members from the Union League of Philadelphia.

What we look for: We invest in early-stage companies.