Harvard Business School Angels Chicago

Harvard Business School Angels Chicago operates as a regional chapter of the broader HBS Alumni Angels Association, a global network of Harvard Business School alumni dedicated to investing in and supporting promising early-stage ventures. Composed of accredited investors who are graduates of HBS, the Chicago chapter leverages the collective expertise, industry knowledge, and vast professional networks of its members to identify and nurture high-potential startups. Their mission extends beyond merely providing capital; they actively engage with portfolio companies by offering strategic guidance, mentorship, and access to critical resources.

The group primarily focuses on early-stage companies, typically participating in Seed to Series A funding rounds. While specific industry preferences are diverse, reflecting the varied backgrounds of their alumni members, they seek ventures with strong leadership teams, innovative solutions, and significant market potential. The investment process often involves pitch events where selected startups present their businesses to the angel group, fostering a collaborative environment for due diligence and investment decisions.

As a syndicate, HBS Angels of Chicago typically contributes a collective first check size that can range from approximately $100,000 to $1,500,000, depending on the specific deal and the syndicate's composition. This pooled investment approach allows them to make more substantial contributions to funding rounds compared to individual angel investors, and they frequently co-invest with other angel groups or early-stage venture capital firms. The broader HBS Alumni Angels Association, of which the Chicago chapter is a part, has demonstrated a consistent track record, with at least 14 reported investments and 1 exit, highlighting their active role in the startup ecosystem.

Their value proposition is significantly enhanced by the deep operational experience and industry insights of their alumni members, many of whom are seasoned entrepreneurs, executives, and investors. This hands-on support, combined with access to a powerful global network, positions HBS Angels Chicago as a strategic partner for startups seeking not just funding, but also invaluable guidance and connections to accelerate their growth.