2007: A HECTIC YEAR

Beacon Angels completed its first year this spring after making 6 investments totaling over $760,000. Utilizing its experienced cadre of investors, the Group focuses on early and mid-stage companies in the software, high-tech, consumer, and financial services industries. We are the only angel group that meets in downtown Boston and as such have a unique insight into the business developments in this dynamic marketplace.

Beacon Angels is unlike other angel groups in the thoroughness of our approach. We meet at a roundtable where lengthy, detailed discussions are the norm, not the exception. Everyone expresses an opinion; no holds are barred. Truth is the sine qua none of our philosophy, the ultimate objective of all we do. Typically, entrepreneurs tell us that presentations to us are longer and far more illuminating than they expect. We are not shy with our feedback. If the company needs some additional work, we are frequently approached again by the same firm after they have achieved their milestones.

This year, 27 locally-based active investors joined Beacon Angels. It’s a diverse group, ranging from software entrepreneurs and MIT engineers to owners of active manufacturing businesses and retired financiers.