Harvard Business School Alumni Angels of Greater NY

What Harvard Business School Alumni Angels of Greater NY does

Harvard Business School Alumni Angels of Greater New York (HBSAANY) is a 501(c)(6) not-for-profit angel investor network connecting early-stage entrepreneurs with a membership of 300+ experienced HBS and Harvard alumni angel investors in the Greater New York area, including Connecticut, New Jersey, and Eastern Pennsylvania. The organization was established around 2015 as part of the HBS Club of NY ecosystem and operates as the largest chapter of the global Harvard Business School Alumni Angels Association, which spans 12 chapters across 4 continents. Its core product is a structured investment process built around monthly pitch nights hosted at Dentons' office in midtown Manhattan, followed by member-led due diligence and lead investor assignment for every funded company.

HBSAANY's product surface is organized around the investment process rather than a technology stack. Monthly pitch nights select up to six companies from hundreds of applicants (submitted through the Gust platform), with screening by a committee of sector leads covering 25+ investment sectors including AI, Fintech, Life Sciences, Consumer Products, Climate Technology, and B2B Software. Companies receive a dedicated lead investor post-investment, access to a mentorship program with experienced HBS alumni operators, and introductions to a VC Advisory Board of senior HBS-graduate venture capitalists for follow-on funding. Cumulatively, the network has invested over $40M in 150+ portfolio companies, with recent activity including 24 investments in the trailing year (14 new, 10 follow-on) and a Fast Track process for rounds where a member has already invested at least $25k.

The business model is member-driven rather than fund-driven. Members pay $350/year or $750 for a three-year membership, which includes membership in the HBS Club of NY and the Angel Capital Association. All investment decisions are made individually by members; the organization does not earn management fees or carry. Operational support comes from sponsor relationships (including Dentons as venue sponsor and Viking Cruises) and the HBS Club of NY umbrella. Distribution is concentrated through monthly pitch nights, quarterly Startup Showcase events co-hosted with universities and other angel networks (MIT Sloan, Cornell Red Bear Angels, Princeton Entrepreneurship Council, Bunker Labs, and others), and digital channels including the Angel Insights blog and LinkedIn presence.

Name

Harvard Business School Alumni Angels of Greater NY

Legal name

Harvard Business School Alumni Angels of Greater New York

Website

http://www.hbsangelsny.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

Harvard Business School Alumni Angels of Greater New York (HBSAANY) is a 501(c)(6) nonprofit angel network connecting early-stage entrepreneurs with 300+ HBS alumni investors via monthly pitch nights in NYC, having deployed $40M+ into 150+ companies across 25+ sectors.

Ownership category

akta.pro rank

Product category

Angel Investing Network

NAICS

Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

B2B Channel Partners & Referral Agencies (Cross-Industry Referral) (FSAEAMAN)

Keywords

• Angel investing network
• Early stage funding
• Investor due diligence
• Venture capital syndication
• Membership angel association

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: Annual membership dues provide revenue to support organizational operations. Membership includes access to pitch nights, due diligence calls, investor education events, seminars, industry events, HBS Alumni New Venture Competition, virtual learning, and alumni networking.
2. Angel Investment Returns: Returns on investments in portfolio companies generate proceeds for members through exits, follow-on rounds, and liquidity events. One portfolio company delivered a 200x return for first-round members and 45x return for second-round investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels11 records

Core offering

HBSAANY operates an angel investment network that connects early-stage entrepreneurs with 300+ experienced HBS alumni angel investors, sourcing deals through monthly pitch nights, screening via Gust submissions, conducting structured due diligence with ~50 sector leads across 25+ investment sectors, assigning dedicated Lead Investors to portfolio companies, providing mentorship programs, and facilitating follow-on capital via its VC Advisory Board and global HBS Angels affiliates.

Product overview

Harvard Business School Alumni Angels of Greater NY (HBSAANY) is an angel investment network offering a platform for connecting entrepreneurs with experienced angel investors. The core offering centers on monthly pitch nights and a structured investment process, supplemented by mentorship programs matching founders with experienced investors, sector-specific expertise through 25+ sector leads, and educational content via their Angel Insights blog. The organization has invested over $40M in 150+ companies and facilitates both new investments and follow-on funding rounds.

Differentiator

Problem solved

Functional benefit

Products and services

• Angel Investment Network Services Structured angel investing services for early-stage entrepreneurs seeking capital, mentorship, sector-expert diligence, Lead Investor engagement, and follow-on funding introductions across 25+ investment sectors.
• Membership Program (1-Year and 3-Year) Subscription membership for HBS alumni and other Harvard graduates seeking curated angel investing deal flow, due diligence support, and networking; provides access to pitch nights, sector expertise, educational events, and bundled HBS Club of NY and ACA memberships.
• Mentorship Program Mentorship and Lead Investor pairing for HBSAANY portfolio companies, providing founder-facing strategic guidance, introductions to customers and partners, and topic-specific expert consultations beyond capital.
• Monthly Pitch Nights Recurring curated pitch event through which screened startups present to the HBSAANY membership for investment consideration; serves as the primary deal-sourcing mechanism for the network.

Quantifiable outcome

• Over $40M+ invested in 150+ companies
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, minor and sponsor.

• HBS Club of NY (HBSCNY)coreStrategic or Co-development PartnerHBSAANY is part of the Harvard Business School Club of New York (HBSCNY). Joint membership offers wide variety of programs, fellowships, and awards. HBSCNY provides operational umbrella and institutional support for the angel network.
• HBS Alumni Angels Association (HBSAA)coreStrategic or Co-development PartnerHBSAANY is the largest chapter of the global HBS Alumni Angels Association (HBSAA) with 12 local chapters on 4 continents. Enables introductions to HBS investors across the globe and participation in global webinars and initiatives.
• Angel Capital Association (ACA)coreStrategic or Co-development PartnerACA membership included with HBSAANY membership (valued at $199). ACA provides angel development resources, investor events, industry updates, voice for angels in Washington DC, investor tools, and access to peer communities and webinars.
• Harvard Veterans Alumni OrganizationminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• HBS Healthcare Alumni AssociationminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• Harvard Alumni EntrepreneursminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• Harvard Innovation LabsminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• Princeton Entrepreneurship CouncilminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• Cornell Red Bear AngelsminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• MIT Sloan ManagementminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• Bunker LabsminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events for veteran entrepreneurs.
• SOSAminorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• SAP.iominorStrategic or Co-development PartnerPartner in quarterly joint Startup Showcase events.
• DentonssponsorStrategic or Co-development PartnerSponsor organization and law firm. Host venue for monthly pitch nights at 1221 Avenue of the Americas, New York.
• GustcoreTechnology or IntegrationPlatform for company application submissions, member calendar, event management, and investment portfolio tracking.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• NY Angels (New York Angels): One of the largest and longest-running angel networks in New York City. NY Angels has hundreds of members, screens hundreds of startups per year, and invests across stages — a directly comparable NYC-based angel network competing for similar deal flow and members.
• Columbia Angels: Columbia University-affiliated angel network operating in NYC. Very similar alumni-affiliated model, monthly screening cadence, and member-driven investing — directly competing for both investors (Columbia MBAs/alumni) and quality deal flow in the NYC ecosystem.
• Wharton Alumni Angels: University-of-Pennsylvania/Wharton alumni angel network with multi-chapter structure. Closely analogous to HBSAANY as a competitor for senior executive deal-makers and Wharton-affiliated founders considering business schools.
• MIT Alumni Angels: MIT alumni angel investment group with comparable structure — monthly pitch nights, sector leads, and emphasis on deep technical/domain expertise. Strong overlap in healthcare and tech investment focus.
• Stanford Angels and Entrepreneurs: Stanford GSB alumni angel network operating in the SF Bay Area. Comparable alumni-affiliated angel model and notable for sector expertise similar to HBSAANY's sector-lead structure, though with stronger West Coast deal flow.
• MBA Ventures (Columbia / Yale / NYU alumni angel networks aggregated): Cluster of MBA-alumni angel groups (Yale Angels, NYU Angels, Tuck Alumni Angels) each operating similar monthly-pitch models. Collectively these are HBSAANY's closest peer set as direct competitors for senior executive deal-makers.

Emerging players

• Golden Seeds: NYC-based angel network focused specifically on women-led companies. Overlaps with HBSAANY in early-stage NYC angel investing but differs sharply in thematic focus — overlapping deal pipeline but differentiated LP/founder base.

Broad incumbents

• Techstars Investor Network: Established accelerator/angel platform with broad deal-flow funnel and global reach. Differs from HBSAANY in providing accelerator services and structured programs, but competes for the same HBS-adjacent founders and serves similar angel investor members.

Others

• Angel Capital Association (ACA): Industry association for U.S. angel investor groups — not a direct competitor for deal flow but a strategic ally. HBSAANY membership includes ACA membership ($199 value), and ACA connects the chapter with best practices and other angel groups nationwide.

Regional players

• Dreamit Ventures: NYC/Mid-Atlantic focused pre-seed and seed investor group. Similar early-stage NYC deal-flow geography but operates as a fund/syndicate, sometimes co-investing with HBSAANY on overlapping portfolio companies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hbsangelsny
• Facebookfacebook.com/hbsaany
• LinkedInlinkedin.com/company/hbsnyangels
• Instagraminstagram.com/hbsangelsny

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments66 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Harvard Business School Alumni Angels of Greater NY