Harvard Business School Alumni Angels of Greater New York - Ideal Startup Investment
The Harvard Business School Alumni Angels of Greater New York (HBSAANY) is a group of New York tri-state area Harvard alumni committed to investing in early stage businesses and supporting the New York start-up ecosystem. We are a local chapter of the Harvard Business School Alumni Angels Association (hbsalumniangels.com), a global angel investing organization affiliated with Harvard University. We facilitate investment opportunities for our members in companies founded by Havard and non-Harvard alums from across all industry sectors. In the past, HBS Alumni Angels has played a diverse range of roles including “money only” passive investor, board member, CEO mentor, operating advisor and facilitator of introductions for executive and employee placements. Our involvement in your company will vary from deal to deal.
Our Screening Process
We invite companies from all sectors to submit their business plans for funding. Our geographic focus includes, but is not limited to, the Greater New York area. The key steps in the application process are as follows: 1) An application must be submitted through this website. 2) A preliminary screening is conducted by a Screening Committee sector lead. 3) Companies that make it through the preliminary screening are then asked to make a formal presentation to the full Screeening Committee during a Screening Night. Screening Nights are held monthly. 4) Companies that make it through the Screening Night are then invited to present to the HBSAANY membership at a Pitch Night. Pitch Nights are held quarterly.
2013 Calendar
Pitch Nights: January 16, Wednesday April 4, Thursday June 5, Wednesday October 2, Wednesday
Screening Nights: January 22, Tuesday February 19, Tuesday March 18, Monday April 15, Monday May 20, Monday June 17, Monday July 15, Monday August 19, Monday September 16, Monday October 21, Monday November 18, Monday December 16, Monday
Harvard Business School Alumni Angels of Greater New York Invests In These Industries
• Biotechnology
• Lifestyle
• Business Products and Services
• Marketing / Advertising
• Clean Technology
• Media and Entertainment
• Computers and Peripherals
• Medical Devices and Equipment
• Consumer Products and Services
• Mobile
• Education
• Nanotechnology
• Electronics / Instrumentation
• Networking and Equipment
• Financial Services
• Other
• Food / Drink
• Retailing / Distribution
• Gaming
• Semiconductors
• Healthcare Services
• Software
• Industrial/Energy
• Telecommunications
• Internet / Web Services
• Travel
• IT Services
Harvard Business School Alumni Angels of Greater New York Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $10M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Harvard Business School Alumni Angels of Greater New York Invests In Companies With These Funding Needs
Pre-money Valuation: $0 - $5,000,000
Capital Seeking: $100,000 - $2,000,000
Previously Raised: $0 - $2,000,000
Harvard Business School Alumni Angels of Greater New York Expects Their Investments To Generate
Expected Revenue By Year 5: $10,000,000 - $50,000,000
Expected Returns: 5x Investment - 15x Investment
Expected Years to Exit: 5 Years - 10 Years
Expected Years to Break Even: 2 Years - 3 Years
Harvard Business School Alumni Angels of Greater New York Investment Portfolio
Last 12 Months
Mirror DigitalKindaraCentzyTigerTrade
Previous Investments
RoutehappyAxiomedLet's Gift ItKogeto Inc.CytoPherxImmunome
Group's Activity
Invested in past 12 months: $340,000
Average investment size: $201,107
Average days until invested: 110
Applications in last 30 days: 49
Days average screening time: 67
Until first view: 27 days
Member log ins in last 30 days: 460
Active members: 99
New members last 12 months: 35
Average views per deal: 8
Deal Funnel - Last 12 Months
New
100%
In Progress
14%
Invested
0%
Group's Industry Expertise
Financial Services (39
%)
Internet / Web Services (35
%)
Media and Entertainment (25
%)
Business Products and Services (25
%)
Consumer Products and Services (22
%)
Marketing / Advertising (20
%)
Healthcare Services (18
%)
Software (18
%)
Retailing / Distribution (18
%)
Mobile (16
%)
IT Services (14
%)
Medical Devices and Equipment (13
%)
Telecommunications (13
%)
Education (12
%)
Industrial/Energy (12
%)
Clean Technology (11
%)
Lifestyle (9
%)
Food / Drink (9
%)
Travel (9
%)
Other (8
%)
Computers and Peripherals (6
%)
Biotechnology (6
%)
Networking and Equipment (6
%)
Fashion (5
%)
Sports (5
%)
Ask to Join as an Investor
Are you an accredited investor? Ask to join Harvard Business School Alumni Angels of Greater New York by filling out their Membership Application.