Chicago Booth Angels Network of Chicago & New York

Name

Chicago Booth Angels Network of Chicago & New York

Legal name

Chicago Booth Angels Network

Website

https://boothangelschicago.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Angel Investing Network

NAICS

Professional Organizations (81392), Convention and Trade Show Organizers (561920)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)

Keywords

• Angel investor network
• Early-stage startup funding
• Alumni angel investing
• Pitch demo days
• Membership-based investing group

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Dues: The primary revenue stream is annual membership dues at $250 per member on a rolling 12-month basis. This provides members access to pitch decks, deal flow, member-only events, and networking opportunities with fellow alumni investors.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

CBAN Chicago & New York is a nonprofit angel investing membership organization that curates early-stage investment opportunities for accredited University of Chicago Booth alumni. The organization provides curated startup deal flow, quarterly pitch/demo days, startup application processing via the GUST platform, and member-only social, networking, and educational events. Members pay $250 in annual dues and receive access to pitch decks, deal discussion forums, and the broader global CBAN network.

Product overview

The Chicago Booth Angels Network of Chicago & New York (CBAN) is a nonprofit angel investing membership organization that connects University of Chicago Booth School of Business alumni investors with early-stage startups seeking funding. The core offering consists of a membership program that provides accredited investors access to curated startup pitch events and investment opportunities, and a startup application process that accepts early-stage companies via the GUST platform during three annual cycles. The organization facilitates connections between experienced angel investors and promising entrepreneurs through pitch/demo days, networking events, and educational programming. CBAN does not operate a technology product per se—it functions as an affinity and networking organization rather than a software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• CBAN Chicago & New York Annual Membership Program Membership program for University of Chicago Booth School of Business alumni and affiliates who are accredited investors, providing access to startup pitch decks, curated deal flow, collaborative deal discussion forums, member-only social and educational events, and the global CBAN network.
• Startup Pitch Application Process (GUST) Quarterly (Winter, Spring, Fall) application process that allows U.S.-based early-stage startups to apply for pitch consideration by CBAN members. Applications are submitted through the GUST platform and selected startups are invited to pitch at quarterly demo days.
• Quarterly Pitch and Demo Days Recurring pitch and demo day events (Winter, Spring, Fall) where selected startups present to seasoned Booth alumni angel investors, both virtually and in-person. Members gain access to deal flow and collaborative diligence; startups gain exposure to smart-money investors.
• Member Networking and Educational Programming Year-round member-only social, networking, and educational events covering angel investing topics such as convertible notes, SAFE agreements, due diligence, and Illinois Angel Tax Credits, including collaborative deal discussions among members.

Quantifiable outcome

• 3 early-stage investments made by members in 2025
• +1 more outcomes

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Global Chicago Booth Angels Network (CBAN)coreStrategic or Co-development PartnerCBAN Chicago & New York is part of the global Chicago Booth Angels Network, which connects Booth alumni angels across multiple chapters globally. The network provides access to broader deal flow, educational resources, and cross-chapter collaboration for members.
• Polsky Center for Entrepreneurship and InnovationcoreStrategic or Co-development PartnerPartnership with the Polsky Center at University of Chicago for entrepreneurship support. CBAN board members mentor and coach entrepreneurs in the alumni and global new venture challenge tracks. The network collaborates with the Polsky Center's Alumni New Venture Challenge program.
• GUSTcoreTechnology or IntegrationGUST is the application platform used by CBAN to collect and manage startup applications. Startups submit applications through GUST and select 'Chicago Booth Angels Network of Chicago' to direct their application to the network for consideration.
• ClubExpresscoreTechnology or IntegrationClubExpress is the membership management platform used for new member applications, renewals, and member database management. All CBAN members manage their membership through this platform.
• University of Chicago Law School Innovation ClinicminorStrategic or Co-development PartnerCollaboration with the UChicago Law School Innovation Clinic on educational events covering topics such as convertible notes, SAFE agreements, due diligence, and Illinois Angel Tax Credits for angel investors.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Republic: Retail-focused online investment platform offering access to private startup and angel deals. Overlaps with CBAN's startup-facing mission but at much broader scale, with regulated online distribution.
• Techstars: Global accelerator and investor network that runs programs and connects founders with a large pool of angel and institutional investors. Broader incumbent operating in the same early-stage deal-flow ecosystem.
• AngelList: Online platform that enables angel investing, syndicates, and roll-up vehicles. Competes for the same founders and individual angel investors but operates at vastly greater scale and as a technology platform rather than an affinity group.

Direct peers

• Wharton Alumni Angels: University alumni angel network affiliated with the Wharton School. Operates an analogous model of accredited-investor membership, pitch events, and curated deal flow for Wharton-affiliated and outside founders.
• New York Angels: One of the largest active angel groups in the U.S., based in New York. Comparable as a structured angel membership organization hosting pitch events and facilitating member-led investments in early-stage companies.
• Stanford Angels & Entrepreneurs: Stanford-affiliated angel investing group with a membership model and curated pitch events targeting accredited investor alumni. Closely parallels CBAN's university-affiliated angel-network structure.
• Columbia Angels: Columbia University alumni angel network with a comparable accredited-investor membership structure and pitch-event-driven deal sourcing. Relevant peer for university-affiliated angel groups.
• Hyde Park Angels: Chicago-based angel investing network with a similar model of curating early-stage deal flow for a community of accredited investors and hosting regular pitch events. Directly comparable on geography, structure, and target member profile.
• MIT Alumni Angels: MIT-affiliated angel investing network that serves accredited MIT alumni investors and curates early-stage deals. Direct peer on the alumni-angel-network model and member-driven capital deployment.
• Harvard Business School Alumni Angels: HBS-affiliated angel network that connects HBS alumni investors with early-stage companies. Highly comparable to CBAN as a peer-school alumni angel organization with similar membership and pitch-event structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/chicago-booth-angels-network-of-chicago-and-new-york

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Chicago Booth Angels Network of Chicago & New York