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Mass Medical Angels

North America, Massachusetts, United States, Boston

Description

Mass Medical Angels (MMA) is a prominent angel investment group based in Boston, United States, dedicated to fostering innovation within the healthcare and life sciences sectors. Established to bridge the funding gap for early-stage medical ventures, MMA provides not only crucial capital but also invaluable mentorship and strategic guidance to its portfolio companies. Their focus spans a broad spectrum of healthcare innovations, including medical devices, diagnostics, therapeutics, and health IT solutions, all aimed at addressing significant unmet medical needs.

MMA's investment philosophy emphasizes identifying companies with strong intellectual property, scalable business models, and experienced management teams. They actively seek out ventures that demonstrate a clear path to market and possess the potential for significant impact on patient care and healthcare efficiency. The group leverages the collective expertise of its diverse membership, which comprises seasoned entrepreneurs, clinicians, scientists, and business leaders, providing portfolio companies with a rich network of industry connections and operational insights.

Since its inception, Mass Medical Angels has made a substantial impact on the regional life sciences ecosystem, having invested over $20 million into more than 70 companies. Their typical investment per round ranges from $250,000 to $1,000,000, often participating in syndicated rounds with other angel groups or venture capital firms. This strategic approach allows them to support promising startups through critical development milestones, from proof-of-concept to commercialization.

Beyond capital, MMA's commitment to its portfolio extends to active engagement, helping companies navigate regulatory pathways, refine business strategies, and build strong teams. This hands-on approach is a cornerstone of their value proposition, distinguishing them as more than just a source of funding. Their role is vital in nurturing the next generation of healthcare innovators in the highly competitive and capital-intensive medical technology landscape.

Investor Profile

Mass Medical Angels has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Australia.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $250K – $1M.

Stage Focus

  • Series B (32%)
  • Series A (32%)
  • Seed (20%)
  • Series Unknown (16%)

Country Focus

  • United States (96%)
  • Australia (4%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical Device
  • Clinical Trials
  • Pharmaceutical
  • Software
  • Biopharma
  • 3d Technology
  • Hardware
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Mass Medical Angels frequently co-invest with?

LaunchPad Venture
North America, Massachusetts, United States, Newton
Co-Investments: 9
Sidecar Angels
North America, Massachusetts, United States, Somerville
Co-Investments: 6
Boston Harbor Angels
North America, Massachusetts, United States, Boston
Co-Investments: 12
Beacon Angels
North America, Massachusetts, United States, Boston
Co-Investments: 5
Life Science Angels
North America, California, United States, Sunnyvale
Co-Investments: 3
North Country Angels
North America, Vermont, United States, Burlington
Co-Investments: 3
Beta Fund
North America, Massachusetts, United States, Newton
Co-Investments: 3
Maine Angels
North America, Maine, United States, Portland
Co-Investments: 4
Partners Innovation Fund
North America, Massachusetts, United States, Boston
Co-Investments: 3
Cherrystone Angel Group
North America, Rhode Island, United States, Providence
Co-Investments: 4

What are some of recent deals done by Mass Medical Angels?

Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
Series BAug 18, 2023
Amount Raised: $6,000,000
Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
Series AMay 3, 2021
Amount Raised: $6,000,000
Coviu

South Brisbane, Queensland, Australia

Coviu is a telehealth startup that helps doctors and health practitioners deliver easy video calling experiences to their patients.

Health CareMedicalSoftwareTelehealth
Series ADec 7, 2020
Amount Raised: $6,000,000
Capillary Biomedical

Irvine, California, United States

Capillary Biomedical is a medical device startup developing technologies for diabetes management.

BiotechnologyHealth CareMedicalMedical Device
SeedAug 14, 2018
Amount Raised: $2,885,000
Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
SeedJun 6, 2018
Amount Raised: $2,300,000
Lantos Technologies

Wilmington, Massachusetts, United States

Lantos Technologies makes the only FDA-cleared 3D ear scanning system that enables custom, in-ear products

3D TechnologyHardwareMedical DeviceSoftware
Series UnknownMar 21, 2018
Amount Raised: $10,000,000
Astrocyte Pharmaceuticals

Cambridge, Massachusetts, United States

Astrocyte Pharmaceuticals is a drug development company that helps in the recovery and well-being of brain injury patients.

BiotechnologyClinical TrialsPharmaceuticalTherapeutics
SeedJul 17, 2017
Amount Raised: $2,400,000
Sentien Biotechnologies

Lexington, Massachusetts, United States

Sentien is a developer of new blood conditioning therapies designed to restore balance to the immune system of critically ill patients.

BiotechnologyHealth CareTherapeutics
Series AApr 4, 2017
Amount Raised: $12,000,000
Parsagen

Allston, Massachusetts, United States

Parsagen is an early-stage medical device company focuses on womens health.

Health CareMedicalMedical Device
Series UnknownOct 15, 2014
Amount Raised: $3,456,000
InfoBionic

Billerica, Massachusetts, United States

InfoBionic is the leading Virtual Telemetry Platform with connected devices manufactured in the US

Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Series BApr 8, 2014
Amount Raised: $17,000,000